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NASDAQ:CARO

Carolina Financial (CARO) Stock Price, News & Analysis

Carolina Financial logo

About Carolina Financial Stock (NASDAQ:CARO)

Key Stats

Today's Range
$32.50
$33.79
50-Day Range
$29.36
$35.09
52-Week Range
$20.72
$43.85
Volume
691,192 shs
Average Volume
178,226 shs
Market Capitalization
$816.28 million
P/E Ratio
11.74
Dividend Yield
1.22%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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 construction loans, commercial and industrial loans, commercial leases, and consumer loans to individuals, small to medium-sized businesses, and professional firms. In addition, it offers mortgage banking services comprising orrespondent/wholesale mortgage and loan servicing. The company operates through a network of 61 full service branches and 2 loan production offices located in South and North Carolina. Carolina Financial Corporation was incorporated in 1996 and is based in Charleston, South Carolina.

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CARO Stock Analysis - Frequently Asked Questions

Carolina Financial Corp (NASDAQ:CARO) released its quarterly earnings data on Friday, October, 25th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.05. The financial services provider earned $48.90 million during the quarter, compared to analysts' expectations of $46.60 million. Carolina Financial had a net margin of 27.98% and a trailing twelve-month return on equity of 10.49%.

Based on aggregate information from My MarketBeat watchlists, some other companies that Carolina Financial investors own include Bristol-Myers Squibb (BMY), M&T Bank (MTB), United Bankshares (UBSI), Exxon Mobil (XOM), Eastman Chemical (EMN), Huntington Bancshares (HBAN) and QUALCOMM (QCOM).

Company Calendar

Last Earnings
10/25/2019
Today
11/04/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State Commercial Banks
Sub-Industry
N/A
Current Symbol
NASDAQ:CARO
Fax
N/A
Employees
735
Year Founded
N/A

Profitability

Net Income
$62.74 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$224.23 million
Cash Flow
$3.37 per share
Book Value
$29.97 per share

Miscellaneous

Free Float
N/A
Market Cap
$816.28 million
Optionable
Not Optionable
Beta
1.40
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This page (NASDAQ:CARO) was last updated on 11/4/2024 by MarketBeat.com Staff
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