Carver Bancorp, Inc. (CARV)
Market Cap | 8.32M |
Revenue (ttm) | 28.32M |
Net Income (ttm) | -4.30M |
Shares Out | 5.11M |
EPS (ttm) | -0.84 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 13,994 |
Open | 1.650 |
Previous Close | 1.660 |
Day's Range | 1.620 - 1.685 |
52-Week Range | 1.260 - 2.390 |
Beta | 1.11 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 14, 2024 |
About CARV
Carver Bancorp, Inc. operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York. It accepts various deposit products, including demand, savings, and time deposits; passbook and statement accounts, and certificates of deposit; and individual retirement accounts. The company provides lending products, such as one-to-four family residential, multifamily real estate, ... [Read more]
Financial Performance
In 2023, Carver Bancorp's revenue was $29.20 million, an increase of 11.10% compared to the previous year's $26.28 million. Losses were -$2.98 million, -32.36% less than in 2022.
Financial StatementsNews
Dream Chasers to Carver Board: Shareholders are Fed Up, Time to Start Winning Again
Carver Reported $2.1 Million Loss in Second Quarter, up from $1.48 Million Loss in Same Quarter 2023 $25m in Losses Over Last Ten Years 1 Resulting in ~80% Stock Price Drop 2 A $10,000 Investment in 2...
Dream Chasers, Representing 9.7% of Carver Bancorp Shares, Urges Shareholder Support of Two New Board Nominees
Confident Highly Successful, Independent Nominees Will Drive Shareholder Value Increase Dream Chasers Letter Reminds Shareholders of -80% 10-yr Stock Price Loss Under Current Directors Urges a "WITHOL...
CARVER BANCORP, INC. NAMES DONALD FELIX PRESIDENT AND CEO, EFFECTIVE NOVEMBER 01, 2024
Carver is a historic institution founded in 1948 to help underserved communities in New York City build wealth. Carver continues to pay its mission forward, focusing on Minority and Women Business Ent...
Carver Bancorp, Inc. Interim CEO Craig C. MacKay Comments on the Bank's 2024 Fiscal Year-End Performance
NEW YORK , Aug. 1, 2024 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV), the holding company for Carver Federal Savings Bank, released a letter from its Interim CEO Craig C. MacKay on the Bank's 2...
Carver Bancorp, Inc. Announces $25 Million Revolving Loan Facility with NY Green Bank to Support Building Decarbonization Projects in New York City
NEW YORK , May 28, 2024 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank"), a certified Community Development Financial In...
Carver Federal Savings Bank Appoints Tony Holmes as First Vice President, Retail Banking & Business Development Officer
NEW YORK , March 4, 2024 /PRNewswire/ -- Carver Federal Savings Bank ("Carver") announces the strategic appointment of Tony Holmes as First Vice President, Retail Banking & Business Development Office...
Carver Bancorp, Inc. Definitively Rejects Dream Chasers' Offer
NEW YORK , Jan. 31, 2024 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver" or the "Company"), the holding company for Carver Federal Savings Bank (the "Bank"), a certified Community Develo...
Dream Chasers Capital meets with Carver Bancorp (NASDAQ: CARV) for talks
Fund reiterate its $3.25 offer-also propose the bank merge with a Minority Broker Dealer NEW YORK , Jan. 25, 2024 /PRNewswire/ -- On January 24, 2024, Dream Chasers met with the Board of Directors of ...
Carver Bancorp, Inc. Interim CEO Craig C. MacKay Comments on the Bank's Recent Performance
NEW YORK , Nov. 29, 2023 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV), the holding company for Carver Federal Savings Bank, today released a letter from its Interim CEO Craig C. MacKay on the B...
Dream Chasers raises its offer to $3.25 per share for 35% of Nasdaq listed Carver Bancorp symbol: CARV
NEW YORK , Nov. 20, 2023 /PRNewswire/ -- Dream Chasers Capital, Carver Bancorp's largest minority shareholder, encourage investors to call and email the bank to accept its improved $3.25 per share off...
Carver Bancorp, Inc. Interim CEO Craig C. MacKay Provides Strategic Update on the Bank's Progress and Impact on the Communities it Serves
NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank") today released a letter to shareholders from it...
New Microloan Program is Driving Economic Empowerment for Small Businesses in Brooklyn, Harlem, and Across New York City
NEW YORK , Sept. 22, 2023 /PRNewswire/ -- Carver Federal Savings Bank ("Carver"), a Community Development Financial Institution ("CDFI") and a certified Minority Depository Institution ("MDI"), is hel...
Leading Bank in Harlem Faces Hostile Takeover From One of its Biggest Shareholders Dream Chasers Capital
NEW YORK , Aug. 31, 2023 /PRNewswire/ -- On August 14, 2023, Dream Chasers Capital Group, one of Carver Federal Savings Bank's (NASDAQ: CARV) biggest shareholders of record with a 5.5% stake, has made...
Carver Launches Suite of Cash Management Services to Support Growth of Small and Larger Businesses Across Greater NYC Region
NEW YORK , Aug. 16, 2023 /PRNewswire/ --Carver Federal Savings Bank ("Carver"), a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI"),...
Carver Bancorp, Inc. Names Craig C. MacKay Interim CEO
NEW YORK , Aug. 14, 2023 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank") announced today that its board of directors un...
LISC names Michael T. Pugh as CEO
Carver CEO to helm community development nonprofit with $30 billion in local investments Will begin in role on October 2, 2023 NEW YORK , Aug. 10, 2023 /PRNewswire/ -- The Local Initiatives Support Co...
Carver Bancorp, Inc. Announces Chief Executive Officer Transition
NEW YORK , Aug. 9, 2023 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank") announced today that Michael T. Pugh will leave...
Carver Bancorp, Inc. Successfully Completes $1,000,000 Private Placement with National Community Investment Fund
NEW YORK , Aug. 3, 2023 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) (the "Carver"), the holding company for Carver Federal Savings Bank (the "Bank"), a certified Community Development Financia...
Top 4 Financial Stocks That May Rocket Higher In July - Senmiao Tech (NASDAQ:AIHS), Carver Bancorp (NASDAQ:CARV)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
M&T Bank Announces Harlem Small Business Innovation Lab in Partnership with Carver Federal Savings Bank
The six-week program is designed to help empower, develop, and uplift multicultural business owners, will culminate in pitch competition HARLEM, N.Y., Feb. 28, 2023 /PRNewswire/ -- M&T Bank's Harlem M...
The City College of New York and Carver Federal Savings Bank Celebrate the Minority-Depository Institution's First Campus ATM
NEW YORK , Oct. 24, 2022 /PRNewswire/ -- The City College of New York (CCNY") and Carver Federal Savings Bank ("Carver"), a certified Minority Depository Institution ("MDI"), celebrated the launch of ...
Carver Bancorp, Inc. Appoints Robin L. Nunn to Board of Directors
NEW YORK , Oct. 17, 2022 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV), the holding company for Carver Federal Savings Bank ("Carver"), a certified Minority Depository Institution ("MDI"), annou...
Michael Pugh and Carver Federal Savings Bank are the Cover Feature Story for The CEO Magazine's March 2022 Issue
NEW YORK , March 22, 2022 /PRNewswire/ -- Carver Federal Savings Bank ("Carver"), a certified Minority Depository Institution ("MDI"), announced today that its President and CEO, Michael T. Pugh, appe...
Carver Federal Savings Bank to Leverage Moody's Analytics CreditLens Solution to Elevate Customer Experience for its Business Clientele
NEW YORK, Nov. 29, 2021 /PRNewswire/ -- Carver Federal Savings Bank ("Carver"), a certified Minority Depository Institution ("MDI"), announced today that it signed an agreement with Moody's Analytics ...
Carver Federal Savings Bank And The Touro Graduate School Of Business Announce Innovative Scholarship Program
NEW YORK, Oct. 27, 2021 /PRNewswire/ -- Carver Federal Savings Bank ("Carver" or the "Bank"), a certified Minority Depository Institution ("MDI"), and the Touro Graduate School of Business ("Touro GSB...