Carver Bancorp (NASDAQ:CARV) Releases Earnings Results

Carver Bancorp (NASDAQ:CARVGet Free Report) announced its earnings results on Thursday. The savings and loans company reported ($1.09) earnings per share for the quarter, Zacks reports. Carver Bancorp had a negative return on equity of 22.33% and a negative net margin of 9.98%.

Carver Bancorp Trading Up 2.8 %

NASDAQ:CARV opened at $1.81 on Friday. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a 50-day moving average of $1.81 and a 200-day moving average of $1.83. The company has a market cap of $9.25 million, a PE ratio of -2.18 and a beta of 1.13. Carver Bancorp has a one year low of $1.26 and a one year high of $2.39.

Insider Transactions at Carver Bancorp

In other news, CEO Donald Felix purchased 26,946 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were acquired at an average cost of $1.67 per share, for a total transaction of $44,999.82. Following the completion of the acquisition, the chief executive officer now owns 26,946 shares in the company, valued at $44,999.82. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.32% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Carver Bancorp in a research report on Thursday. They set a “sell” rating for the company.

View Our Latest Research Report on CARV

Carver Bancorp Company Profile

(Get Free Report)

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.

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Earnings History for Carver Bancorp (NASDAQ:CARV)

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