Carver Bancorp, Inc. (CARV)

NASDAQ: CARV · Real-Time Price · USD
1.630
-0.030 (-1.81%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.81%
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]

Sector Financials
IPO Date Aug 16, 1994
Employees 113
Stock Exchange NASDAQ
Ticker Symbol CARV
Full Company Profile

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 Statements

News

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...

21 hours ago - PRNewsWire

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...

9 days ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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 ...

10 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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"),...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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.

Other symbols: AIHSCWDWDH
1 year ago - Benzinga

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...

Other symbols: MTB
1 year ago - PRNewsWire

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 ...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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 ...

3 years ago - PRNewsWire

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...

3 years ago - PRNewsWire