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Carter Bankshares, Inc. CARE Income Tax

Income Tax at other companies

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Other financials

Income statement

Revenue$106.9M+189%

Net income$85.8M+858%

EPS (diluted)$3.88+895%

Balance sheet

Cash & equivalents$65.7M-70.9%

Total debt$10.9M+5.0%

Total equity$504.9M+25.7%

Total assets$4.8B+2.1%

Cash flow

Operating cash flow$303.9M+4,667%

CapEx$1.5M+0.9%

Free cash flow$302.4M+6,131%

Valuation

Market cap$726.22M+90.6%

P/E6.7×-7.1×

P/S3.3×+0.5×

Profitability

Net margin48.5%+28.6pp

FCF margin147.6%—

Returns & leverage

Return on equity23.9%+16.6pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Carter Bankshares, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Carter Bankshares, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carter Bankshares, Inc.'s income tax?: Carter Bankshares, Inc. (CARE) reported income tax of $24.27M in Q1 2026.
How has Carter Bankshares, Inc.'s income tax changed year-over-year?: Carter Bankshares, Inc.'s income tax increased by 1012.0% year-over-year, from $2.18M to $24.27M.
What is the long-term trend for Carter Bankshares, Inc.'s income tax?: Over 4 years (2021 to 2025), Carter Bankshares, Inc.'s income tax has grown at a 20.4% compound annual growth rate (CAGR), from $4.11M to $8.64M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.