Carver Bancorp (NASDAQ:CARV) Posts Quarterly Earnings Results

Posted by Joseph Casey on Feb 14th, 2025

Carver Bancorp (NASDAQ:CARV – Get Free Report) posted its quarterly earnings results on Thursday. The savings and loans company reported ($1.09) earnings per share (EPS) 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 Stock Performance

Shares of Carver Bancorp stock opened at $1.81 on Friday. Carver Bancorp has a fifty-two week low of $1.26 and a fifty-two week high of $2.39. 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 market capitalization of $9.25 million, a P/E ratio of -2.18 and a beta of 1.13. The company’s 50 day moving average price is $1.81 and its two-hundred day moving average price is $1.83.

Insider Buying and Selling at Carver Bancorp

In related news, CEO Donald Felix bought 26,946 shares of the business’s stock in a transaction on Monday, November 25th. The shares were purchased at an average price of $1.67 per share, for a total transaction of $44,999.82. Following the completion of the transaction, the chief executive officer now directly owns 26,946 shares of the company’s stock, valued at approximately $44,999.82. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.32% of the company’s stock.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Analysis on Carver Bancorp

About Carver Bancorp

(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.