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Carolina Trust BancShares

Nasdaq:CART
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CART
Nasdaq
$59M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

Carolina Trust BancShares, Inc. operates as the bank holding company for Carolina Trust Bank, a state chartered bank that provides commercial banking products and services for individuals and businesses. The last earnings update was 108 days ago. More info.


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CART Share Price and Events
Price Volatility
CART
Industry
5yr Volatility vs Market

CART Value

 Is Carolina Trust BancShares undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Carolina Trust BancShares. This is due to cash flow or dividend data being unavailable. The share price is $8.25.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Carolina Trust BancShares's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Carolina Trust BancShares's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:CART PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings () in USD $0.17
NasdaqCM:CART Share Price ** NasdaqCM (2018-07-17) in USD $8.25
United States of America Banks Industry PE Ratio Median Figure of 869 Publicly-Listed Banks Companies 16.98x
United States of America Market PE Ratio Median Figure of 7,808 Publicly-Listed Companies 18.38x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Carolina Trust BancShares.

NasdaqCM:CART PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:CART Share Price ÷ EPS (both in USD)

= 8.25 ÷ 0.17

49.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Carolina Trust BancShares is overvalued based on earnings compared to the US Banks industry average.
  • Carolina Trust BancShares is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Carolina Trust BancShares's expected growth come at a high price?
Raw Data
NasdaqCM:CART PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 49.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
23.1%per year
United States of America Banks Industry PEG Ratio Median Figure of 483 Publicly-Listed Banks Companies 1.08x
United States of America Market PEG Ratio Median Figure of 5,905 Publicly-Listed Companies 1.6x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Carolina Trust BancShares, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Carolina Trust BancShares's assets?
Raw Data
NasdaqCM:CART PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings () in USD $6.30
NasdaqCM:CART Share Price * NasdaqCM (2018-07-17) in USD $8.25
United States of America Banks Industry PB Ratio Median Figure of 923 Publicly-Listed Banks Companies 1.39x
United States of America Market PB Ratio Median Figure of 13,225 Publicly-Listed Companies 1.73x
NasdaqCM:CART PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:CART Share Price ÷ Book Value per Share (both in USD)

= 8.25 ÷ 6.30

1.31x

* Primary Listing of Carolina Trust BancShares.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Carolina Trust BancShares is good value based on assets compared to the US Banks industry average.
X
Value checks
We assess Carolina Trust BancShares's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Carolina Trust BancShares has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CART Future Performance

 How is Carolina Trust BancShares expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Carolina Trust BancShares, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
23.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Carolina Trust BancShares expected to grow at an attractive rate?
  • Carolina Trust BancShares's earnings growth is expected to exceed the low risk savings rate of 3%.
Growth vs Market Checks
  • Carolina Trust BancShares's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Carolina Trust BancShares's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:CART Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:CART Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 23.1%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 9.7%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 6.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 11.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 6.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:CART Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:CART Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-03-31 15 4 1
2017-12-31 15 3 0
2017-09-30 14 3 1
2017-06-30 14 3 1
2017-03-31 14 3 1
2016-12-31 15 3 1
2016-09-30 15 3 1
2016-06-30 15 3 1
2016-03-31 15 2 1
2015-12-31 14 2 1
2015-09-30 13 2 5
2015-06-30 13 2 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Carolina Trust BancShares's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Carolina Trust BancShares is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:CART Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Carolina Trust BancShares Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CART Past Financials Data
Date (Data in USD Millions) EPS *
2018-03-31 0.17
2017-12-31 0.09
2017-09-30 0.27
2017-06-30 0.19
2017-03-31 0.22
2016-12-31 0.24
2016-09-30 0.18
2016-06-30 0.22
2016-03-31 0.22
2015-12-31 0.18
2015-09-30 1.17
2015-06-30 1.28

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Carolina Trust BancShares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Carolina Trust BancShares's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Carolina Trust BancShares has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CART Past Performance

  How has Carolina Trust BancShares performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Carolina Trust BancShares's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Carolina Trust BancShares has delivered over 20% year on year earnings growth in the past 5 years.
  • Carolina Trust BancShares's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Carolina Trust BancShares's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.
Earnings and Revenue History
Carolina Trust BancShares's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Carolina Trust BancShares Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CART Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 15.19 0.77 10.80
2017-12-31 14.64 0.40 10.69
2017-09-30 14.30 1.27 10.63
2017-06-30 14.15 0.89 10.64
2017-03-31 14.15 1.03 10.37
2016-12-31 14.61 1.12 10.32
2016-09-30 14.62 0.82 10.42
2016-06-30 14.95 1.05 10.15
2016-03-31 14.62 1.01 10.00
2015-12-31 13.97 0.82 9.70
2015-09-30 13.22 5.45 9.51
2015-06-30 12.52 5.94 9.05
2015-03-31 12.31 6.25 8.46
2014-12-31 12.11 6.63 7.87
2014-09-30 11.49 1.41 11.81
2014-06-30 11.07 0.93 9.93
2014-03-31 9.97 -1.17 8.19
2013-12-31 9.41 -1.64 6.47
2013-09-30 8.95 -1.83 5.94
2013-06-30 8.77 -2.18 5.94
2013-03-31 9.18 -0.38 5.94
2012-12-31 9.38 0.15 5.94
2012-09-30 9.29 -0.63 5.46
2012-06-30 9.33 -0.18 5.46
2012-03-31 8.04 -1.27 5.46
2011-12-31 7.32 -2.30 5.46
2011-09-30 7.32 -1.43 5.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Carolina Trust BancShares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Carolina Trust BancShares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Carolina Trust BancShares's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Carolina Trust BancShares's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Carolina Trust BancShares has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CART Health

 How is Carolina Trust BancShares's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Carolina Trust BancShares's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Carolina Trust BancShares Company Filings, last reported 3 months ago.

NasdaqCM:CART Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 29.38 40.98 32.00
2017-12-31 29.12 33.48 10.55
2017-09-30 29.77 29.98 15.38
2017-06-30 29.57 26.98 19.63
2017-03-31 29.36 26.98 26.86
2016-12-31 29.03 23.97 27.65
2016-09-30 31.71 14.38 33.15
2016-06-30 31.77 15.64 42.63
2016-03-31 31.04 18.31 29.88
2015-12-31 30.46 15.68 6.31
2015-09-30 30.55 12.34 8.12
2015-06-30 30.11 23.35 16.21
2015-03-31 30.19 11.96 8.55
2014-12-31 29.81 22.37 9.28
2014-09-30
2014-06-30
2014-03-31 22.26 12.15 6.94
2013-12-31 22.26 12.15 6.94
2013-09-30
2013-06-30
2013-03-31 24.94 9.46 14.48
2012-12-31 24.94 9.46 14.48
2012-09-30
2012-06-30
2012-03-31 26.05 13.50 15.80
2011-12-31 26.05 13.50 15.80
2011-09-30
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Carolina Trust BancShares has an acceptable proportion of non-loan assets held.
  • Carolina Trust BancShares's liabilities are made up of primarily low risk sources of funding.
  • Loans at Carolina Trust BancShares are broadly funded by customer deposits.
  • Carolina Trust BancShares's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Carolina Trust BancShares has a sufficient allowance for bad loans.
  • Carolina Trust BancShares has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Carolina Trust BancShares's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Carolina Trust BancShares has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CART Dividends

 What is Carolina Trust BancShares's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Carolina Trust BancShares dividends.
If you bought $2,000 of Carolina Trust BancShares shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Carolina Trust BancShares's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Carolina Trust BancShares's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:CART Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 680 Stocks 4.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 5856 Stocks 3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Carolina Trust BancShares has not reported any payouts.
  • Unable to verify if Carolina Trust BancShares's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Carolina Trust BancShares's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Carolina Trust BancShares has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Carolina Trust BancShares's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Carolina Trust BancShares afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Carolina Trust BancShares has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CART Management

 What is the CEO of Carolina Trust BancShares's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jerry Ocheltree, image provided by Google.
Jerry Ocheltree
COMPENSATION $442,035
AGE 58
TENURE AS CEO 2.3 years
CEO Bio

Mr. Jerry L. Ocheltree has been Chief Executive Officer and President of Carolina Trust BancShares, Inc. since August 16, 2016 and previously served as its Chief Executive Officer and President. Mr. Ocheltree has been the President and Chief Executive Officer of Carolina Trust Bank since January 1, 2014. He served as the Chief Executive Officer and President of Elliott Davis Decosimo. He served as the President and Teresa C. Nixon of First Bank N.C. from September 2005 to June 30, 2013. He has extensive relationships throughout North Carolina banking circles. He served as Chief Executive Officer of First Bank N.C. until June 30, 2013. He served as the President and Chief Executive Officer of First Bancorp from January 1, 2007 to June 11, 2012 and also served as its Treasurer until June 11, 2012. He served as Senior Vice President and Regional Executive of First Bank, High Point, North Carolina office and managed a four-county region with ten offices in North Carolina as well as its four offices in southern Virginia. Mr. Ocheltree served as the President of First Virginia Bank. He joined First Bank since 1998 and served as its President from September 2005 to June 2013. He served as the President and Chief Executive Officer of Premier Bank South N.A. He served as Chair of the North Carolina Bankers Association from 2012 to 2013. He has been Director of Charlotte Branch of Federal Reserve Bank of Richmond since March 3, 2016. He serves as a Director of Carolina Trust Bank. He has been a Director of Carolina Trust BancShares, Inc. since August 16, 2016 and previously served as its Director. Mr. Ocheltree served as Director of First Bancorp since May 2006 until June 2013 and First Bank since 2005. until June 2013. He served as a Director of First Bank N.C. from April 2006 to June 30, 2013.

CEO Compensation
  • Jerry's compensation has been consistent with company performance over the past year.
  • Jerry's compensation appears reasonable for a company of this size and profit level.
Management Team Tenure

Average tenure and age of the Carolina Trust BancShares management team in years:

2.3
Average Tenure
58
Average Age
  • The tenure for the Carolina Trust BancShares management team is about average.
Management Team

Jerry Ocheltree

TITLE
President
COMPENSATION
$442K
AGE
58
TENURE
2.3 yrs

Edwin Laws

TITLE
Executive VP & CFO
COMPENSATION
$209K
AGE
58
TENURE
2.3 yrs

Richard Rager

TITLE
Executive VP & CCO of Carolina Trust Bank
COMPENSATION
$246K
AGE
61
TENURE
7.5 yrs
Board of Directors Tenure

Average tenure and age of the Carolina Trust BancShares board of directors in years:

2.5
Average Tenure
62
Average Age
  • The average tenure for the Carolina Trust BancShares board of directors is less than 3 years, this suggests a new board.
Board of Directors

Johnathan Rhyne

TITLE
Chairman of the Board
COMPENSATION
$37K
AGE
62
TENURE
2.5 yrs

Jerry Ocheltree

TITLE
President
COMPENSATION
$442K
AGE
58
TENURE
2.5 yrs

Jim Watson

TITLE
Director
COMPENSATION
$24K
AGE
63
TENURE
2.5 yrs

Scott Davis

TITLE
Director
COMPENSATION
$22K
AGE
62
TENURE
2.5 yrs

Bryan Beal

TITLE
Director
COMPENSATION
$21K
AGE
59
TENURE
2.5 yrs

Fred Spach

TITLE
Director
COMPENSATION
$22K
AGE
54
TENURE
2.5 yrs

Ralph Strayhorn

TITLE
Director
COMPENSATION
$20K
AGE
63
TENURE
1.6 yrs
Recent Insider Trading
  • More shares have been bought than sold by Carolina Trust BancShares insiders in the past 3 months.
Who owns this company?
X
Management checks
We assess Carolina Trust BancShares's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap and profit (greater than 0.5% of the company's profit + 0.03% of market cap)? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Carolina Trust BancShares has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CART News

External News
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Simply Wall St News

Real Risks To Know Before Investing In Carolina Trust BancShares Inc (NASDAQ:CART)

As a small-cap bank with a market capitalisation of US$59.40m, Carolina Trust BancShares Inc’s (NASDAQ:CART) profit and value are directly affected by economic activity. … Risk associate with repayment is measured by the level of bad debt which is an expense written off Carolina Trust BancShares’s bottom line. … Looking through a risk-lens is a useful way to assess the attractiveness of Carolina Trust BancShares's a stock investment.

Simply Wall St -

Carolina Trust BancShares Inc (NASDAQ:CART): Can It Deliver A Superior ROE To The Industry?

Carolina Trust BancShares Inc’s (NASDAQ:CART) most recent return on equity was a substandard 1.39% relative to its industry performance of 8.18% over the past year. … View our latest analysis for Carolina Trust BancShares Breaking down Return on Equity Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … For now, let’s just look at the cost of equity number for Carolina Trust BancShares, which is 9.90%.

Simply Wall St -

With A -58.09% Earnings Drop, Is Carolina Trust BancShares Inc's (NASDAQ:CART) A Concern?

See our latest analysis for Carolina Trust BancShares Was CART's recent earnings decline worse than the long-term trend and the industry? … For Carolina Trust BancShares, its latest earnings (trailing twelve month) is US$562.00K, which, in comparison to the prior year's figure, has plunged by a non-trivial -58.09%. … Given that these values may be relatively short-term, I’ve estimated an annualized five-year value for Carolina Trust BancShares's earnings, which stands at US$754.39K This doesn’t seem to paint a better picture, as earnings seem to have gradually been declining over the longer term.

Simply Wall St -

CART Company Info

Map
Description

Carolina Trust BancShares, Inc. operates as the bank holding company for Carolina Trust Bank, a state chartered bank that provides commercial banking products and services for individuals and businesses. It offers non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, and certificates of deposit; commercial, installment, residential mortgage, home equity lines, commercial real estate, and personal loans; safe deposit boxes; and other associated services. The company serves its customers through a network of automated teller machines and nine full-service offices located in Lincolnton, Denver, Forest City, Gastonia, Hickory, Lake Lure, Mooresville, and Vale, North Carolina, as well as operates a loan production office in Salisbury, North Carolina. Carolina Trust BancShares, Inc. was founded in 2000 and is headquartered in Lincolnton, North Carolina.

Details
Name: Carolina Trust BancShares, Inc.
CART
Exchange: NasdaqCM
Founded: 2000
$59,402,992
7,156,987
Website: http://www.carolinatrust.com
Address: Carolina Trust BancShares, Inc.
901 East Main Street,
Lincolnton,
North Carolina, 28092,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM CART New Common Stock Nasdaq Capital Market US USD 21. Dec 2004
Number of employees
Current staff
Staff numbers
81
Carolina Trust BancShares employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/07/17 22:25
End of day share price update: 2018/07/17 00:00
Last earnings update: 2018/03/31
Last annual earnings update: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.