Carter Bankshares (CARE) Tax Rate (2019 - 2022)
Carter Bankshares' Tax Rate history spans 4 years, with the latest figure at 18.18% for Q4 2022.
- For Q4 2022, Tax Rate fell 139.0% year-over-year to 18.18%; the TTM value through Dec 2022 reached 18.79%, up 729.0%, while the annual FY2025 figure was 21.6%, 104.0% up from the prior year.
- Tax Rate reached 18.18% in Q4 2022 per CARE's latest filing, down from 25.8% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 25.8% in Q3 2022 to a low of 12.3% in Q2 2020.
- Average Tax Rate over 4 years is 8.05%, with a median of 6.87% recorded in 2019.
- Peak YoY movement for Tax Rate: tumbled -1835bps in 2020, then surged 2632bps in 2021.
- A 4-year view of Tax Rate shows it stood at 5.1% in 2019, then surged by 188bps to 4.48% in 2020, then surged by 337bps to 19.57% in 2021, then fell by -7bps to 18.18% in 2022.
- Per Business Quant, the three most recent readings for CARE's Tax Rate are 18.18% (Q4 2022), 25.8% (Q3 2022), and 14.26% (Q2 2022).