Stock Analysis

Carver Bancorp Second Quarter 2024 Earnings: US$0.33 loss per share (vs US$0.22 loss in 2Q 2023)

NasdaqCM:CARV
Source: Shutterstock

Carver Bancorp (NASDAQ:CARV) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$6.69m (down 1.4% from 2Q 2023).
  • Net loss: US$1.59m (loss widened by 66% from 2Q 2023).
  • US$0.33 loss per share (further deteriorated from US$0.22 loss in 2Q 2023).
earnings-and-revenue-history
NasdaqCM:CARV Earnings and Revenue History November 17th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Carver Bancorp shares are up 2.6% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Carver Bancorp (including 1 which makes us a bit uncomfortable).

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About NasdaqCM:CARV

Carver Bancorp

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.

Adequate balance sheet and slightly overvalued.