Carolina Financial Corporation (CARO)
| Market Cap | 817.00M |
| Revenue (ttm) | 183.96M |
| Net Income (ttm) | 62.75M |
| Shares Out | 24.85M |
| EPS (ttm) | 2.80 |
| PE Ratio | 11.74 |
| Forward PE | n/a |
| Dividend | $0.40 |
| Dividend Yield | 1.22% |
| Trading Day | May 1, 2020 |
| Last Price | $32.88 |
| Previous Close | $32.88 |
| Change ($) | 0.00 |
| Change (%) | 0.00% |
| Day's Open | - |
| Day's Range | 32.50 - 33.79 |
| Day's Volume | 691,192 |
| 52-Week Range | 20.72 - 43.85 |
News
Carolina Financial (CARO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Carolina Financial (CARO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Carolina Financial (CARO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Carolina Financial (CARO) delivered earnings and revenue surprises of 2.63% and 0.99%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the s...
Carolina Financial (CARO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CHARLESTON, S.C., Jan. 02, 2020 (GLOBE NEWSWIRE) -- Carolina Financial Corporation (NASDAQ: CARO) (“Carolina Financial”) announced today that its previously announced merger with Carolina Tr...
LINCOLNTON, N.C., Dec. 18, 2019 (GLOBE NEWSWIRE) -- Carolina Trust BancShares, Inc. (“Carolina Trust”) (NASDAQ: CART), the parent company of Carolina Trust Bank, announced today the receipt ...
United Bankshares' (UBSI) recent all-stock acquisition with Carolina Financial (CARO) reflects the companies' strategic efforts for business expansion with diversified products into the Southe...
United Bankshares Inc. UBSI, -0.40% announced Monday a deal to buy Carolina Financial Corp.
Carolina Financial is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Carolina Financial Corporation (CARO) CEO Jerry Rexroad on Q3 2019 Results - Earnings Call Transcript
Carolina Financial (CARO) delivered earnings and revenue surprises of 13.70% and 4.94%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the...
CHARLESTON, S.C., Oct. 24, 2019 (GLOBE NEWSWIRE) -- Carolina Financial Corporation (the “Company”) (NASDAQ: CARO) today announced financial results for the third quarter of 2019.
Carolina Financial (CARO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Carolina Financial Corporation (CARO) CEO Jerry Rexroad on Q2 2019 Results - Earnings Call Transcript
Carolina Financial (CARO) delivered earnings and revenue surprises of 1.39% and -0.28%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Carolina Financial (CARO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Carolina Financial Corporation (CARO) CEO Jerry Rexroad on Q1 2019 Results - Earnings Call Transcript
Carolina Financial (CARO) delivered earnings and revenue surprises of -4.35% and -3.13%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the st...
Carolina Financial (CARO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Carolina Financial (CARO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near t...
About CARO
Carolina Financial Corporation operates as a holding company for CresCom Bank that provides a range of commercial and retail banking financial services in South Carolina and North Carolina. The company operates through three segments: Community Banking, Wholesale Mortgage Banking, and Other. It offers noninterest-bearing demand accounts, interest-bearing demand and savings accounts, money market accounts, time deposits, and certificates of deposit. The company also provides commercial and residential real estate mortgage loans, real estate cons... [Read more...]
| Industry Banks—Regional | Founded 1996 |
| Stock Exchange NASDAQ | Ticker Symbol CARO |
Financial Performance
In 2019, CARO's revenue was $183.78 million, an increase of 7.07% compared to the previous year's $171.65 million. Earnings were $62.74 million, an increase of 26.31%.