Carver Bancorp, Inc. operates as the holding company for Carver Federal Savings Bank, a federally chartered savings bank that provides consumer and commercial banking services for consumers, businesses, and governmental and quasi-governmental agencies primarily in New York. More Details
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Carver Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CARV has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CARV exceeded the US Mortgage industry which returned -18% over the past year.
Return vs Market: CARV exceeded the US Market which returned 19.9% over the past year.
Price Volatility Vs. Market
How volatile is Carver Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHow Is Carver Bancorp's (NASDAQ:CARV) CEO Paid Relative To Peers?
5 months ago | Simply Wall StOur Take On Carver Bancorp, Inc.'s (NASDAQ:CARV) CEO Salary
5 months ago | Simply Wall StImagine Owning Carver Bancorp (NASDAQ:CARV) While The Price Tanked 61%
Is Carver Bancorp undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CARV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CARV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CARV is unprofitable, so we can't compare its PE Ratio to the US Mortgage industry average.
PE vs Market: CARV is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CARV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CARV is overvalued based on its PB Ratio (10x) compared to the US Mortgage industry average (0.8x).
How is Carver Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Carver Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Carver Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CARV is currently unprofitable.
Growing Profit Margin: CARV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CARV is unprofitable, and losses have increased over the past 5 years at a rate of 28.6% per year.
Accelerating Growth: Unable to compare CARV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CARV is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (5.3%).
Return on Equity
High ROE: CARV has a negative Return on Equity (-10.83%), as it is currently unprofitable.
How is Carver Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CARV's Assets to Equity ratio (14.3x) is moderate.
Allowance for Bad Loans: CARV has a low allowance for bad loans (41%).
Low Risk Liabilities: 87% of CARV's liabilities are made up of primarily low risk sources of funding.
Loan Level: CARV has an appropriate level of Loans to Assets ratio (68%).
Low Risk Deposits: CARV's Loans to Deposits ratio (84%) is appropriate.
Level of Bad Loans: CARV has a high level of bad loans (2.6%).
What is Carver Bancorp current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CARV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CARV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CARV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CARV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CARV is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CARV's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Pugh (49 yo)
Mr. Michael T. Pugh serves as President, Chief Executive Officer and Director of Carver Bancorp, Inc. (“Carver”) since January 1, 2015. He serves as President, Chief Executive Officer and Director at Carve ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD384.54K) is below average for companies of similar size in the US market ($USD585.94K).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
|First Senior VP & CFO||4.58yrs||US$256.82k||0.21% |
|Senior VP & Chief Credit Officer||2.58yrs||US$210.38k||0.42% |
|Senior VP||2.67yrs||no data||0.38% |
|Senior VP & Chief Revenue Officer||0.75yr||no data||no data|
|1st VP, Senior Counsel and Corporate Secretary||no data||no data||no data|
Experienced Management: CARV's management team is considered experienced (2.7 years average tenure).
|Independent Director||23.75yrs||US$40.80k||0.0031% |
|Independent Director||3.67yrs||US$32.30k||0.035% |
|Independent Director||7yrs||US$27.30k||0.035% |
|Independent Director||7yrs||US$26.60k||0.061% |
|Independent Director||10.17yrs||US$22.23k||0.0023% |
|Independent Director||10.17yrs||US$48.13k||0.0023% |
|Independent Chairman of the Board||0.50yr||US$33.33k||0.035% |
|Independent Director||0.42yr||no data||0.035% |
Experienced Board: CARV's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CARV insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Carver Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Carver Bancorp, Inc.
- Ticker: CARV
- Exchange: NasdaqCM
- Founded: 1948
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$19.116m
- Shares outstanding: 2.86m
- Website: https://www.carverbank.com
Number of Employees
- Carver Bancorp, Inc.
- 75 West 125th Street
- At Lenox Avenue
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CARV||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Oct 1994|
Carver Bancorp, Inc. operates as the holding company for Carver Federal Savings Bank, a federally chartered savings bank that provides consumer and commercial banking services for consumers, businesses, an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 06:29|
|End of Day Share Price||2020/10/16 00:00|
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.