Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $5.10 USD
Change Today -0.065 / -1.26%
Volume 4.8K
CARV On Other Exchanges
Symbol
Exchange
NASDAQ CM
Berlin
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

carver bancorp inc (CARV) Key Developments

Carver Bancorp, Inc. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Carver Bancorp, Inc. reported consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company has posted net interest income of $4,252,000 against $5,025,000 a year ago. Income before income tax was $22,000 against loss before income tax of $964,000 a year ago. Net income attributable to the company was $111,000 or $0.03 basic and diluted per share against net loss attributable to the company of $823,000 or $0.22 basic and diluted per share a year ago. Return on average assets was 0.07% against negative return on average assets of 0.56% a year ago. Return on average stockholders' equity was 0.82% against negative return on average stockholders' equity of 6.40% a year ago. For the nine months, the company has posted net interest income of $13,615,000 against $14,550,000 a year ago. Profit before income tax was $345,000 against $61,000 a year ago. Net profit attributable to the company was $491,000 or $0.13 basic and diluted per share against net loss attributable to the company of $69,000 or $0.02 basic and diluted per share a year ago. Return on average assets was 0.10% against negative return on average assets of 0.02% a year ago. Return on average stockholders' equity was 1.21% against negative return on average stockholders' equity of 0.17% a year ago. The primary driver of the change in net income is attributed to higher non-interest expense in the prior year quarter due to the cost of terminating the Bank's pension plan, partially offset by lower interest income in the current quarter.

Carver Bancorp, Inc. to Report Q3, 2015 Results on Feb 09, 2015

Carver Bancorp, Inc. announced that they will report Q3, 2015 results on Feb 09, 2015

Carver Bancorp, Inc. Presents at The Second Annual New York Winter Apartment Summit, Nov-25-2014 01:00 PM

Carver Bancorp, Inc. Presents at The Second Annual New York Winter Apartment Summit, Nov-25-2014 01:00 PM. Venue: McGraw Hill Conference Center in Midtown Manhattan, 1221 6th Ave., 2nd Floor, New York, NY 10020-1095, United States. Speakers: Niles D. Stewart, Business Banking Team Manager.

Carver Bancorp, Inc. Announces Management Changes, Effective January 1, 2015

Carver Bancorp, Inc. announced that Deborah C. Wright will retire as Chief Executive Officer effective December 31, 2014, after 15 years of service. The Board of Directors has named Michael T. Pugh, currently the Company's President and Chief Operating Officer, as her successor, effective January 1, 2015. Ms. Wright will continue to serve as the company's non-executive Chairman of the Board. She will join the Ford Foundation as a Senior Fellow in the Economic Opportunity and Assets program in early 2015. Michael T. Pugh is a seasoned retail and commercial banking executive with more than 22 years of experience working across various market cycles. He joined the company as Chief Revenue Officer in 2012 and was promoted to President and Chief Operating Officer in January 2013.

Carver Bancorp, Inc. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Carver Bancorp, Inc. announced consolidated earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported total interest income of $5,590,000 compared with $5,942,000 for the same period a year ago. Net interest income was $4,598,000 compared with $4,965,000 for the same period a year ago. Income before income taxes was $120,000 compared with $448,000 for the same period a year ago. Net income attributable to Carver Bancorp, Inc. was $210,000 or $0.06 per basic and diluted share compared with $342,000 or $0.09 per basic and diluted share for the same period a year ago. Return on average assets was 0.14% compared with 0.22% for the same period a year ago. Return on average stockholders' equity was 1.49% compared with 2.39% for the same period a year ago. For the six months, the company reported total interest income of $11,348,000 compared with $11,511,000 for the same period a year ago. Net interest income was $9,364,000 compared with $9,524,000 for the same period a year ago. Income before income taxes was $324,000 compared with $1,024,000 for the same period a year ago. Net income attributable to Carver Bancorp, Inc. was $381,000 or $0.10 per basic and diluted share compared with $753,000 or $0.20 per basic and diluted share for the same period a year ago. Return on average assets was 0.12% compared with 0.25% for the same period a year ago. Return on average stockholders' equity was 1.34% compared with 2.62% for the same period a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CARV:US $5.10 USD -0.065

CARV Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CBT Financial Corp $27.50 USD 0.00
Hopewell Valley Community Bank/Pennington NJ $8.60 USD 0.00
Howard Bancorp Inc $14.00 USD 0.00
Royal Bancshares of Pennsylvania Inc $1.72 USD -0.09
Stewardship Financial Corp $5.69 USD 0.00
View Industry Companies
 

Industry Analysis

CARV

Industry Average

Valuation CARV Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 1.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CARVER BANCORP INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.