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Carolina Financial Corporation (CARO)

May 1, 2020 - CARO was delisted
Stock Price: $32.88 USD 0.00 (0.00%)
Updated May 1, 2020 4:00 PM EDT
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

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Zacks Investment Research - 9 months ago

Carolina Financial (CARO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 9 months ago

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.

Zacks Investment Research - 9 months ago

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.

Zacks Investment Research - 11 months ago

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...

Zacks Investment Research - 1 year ago

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.

GlobeNewsWire - 1 year ago

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...

GlobeNewsWire - 1 year ago

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 ...

Zacks Investment Research - 1 year ago

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...

Other stocks mentioned: UBSI
Market Watch - 1 year ago

United Bankshares Inc. UBSI, -0.40% announced Monday a deal to buy Carolina Financial Corp.

Other stocks mentioned: UBSI
Zacks Investment Research - 1 year ago

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.

Seeking Alpha - 1 year ago

Carolina Financial Corporation (CARO) CEO Jerry Rexroad on Q3 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

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...

GlobeNewsWire - 1 year ago

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.

Zacks Investment Research - 1 year ago

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.

Seeking Alpha - 1 year ago

Carolina Financial Corporation (CARO) CEO Jerry Rexroad on Q2 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

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?

Zacks Investment Research - 1 year ago

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.

Seeking Alpha - 1 year ago

Carolina Financial Corporation (CARO) CEO Jerry Rexroad on Q1 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

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...

Zacks Investment Research - 1 year ago

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.

Zacks Investment Research - 1 year ago

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
Full Company Profile

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%.

Financial Statements