founded in 1948, and named for agricultural researcher and scientist george washington carver, carver federal savings bank formally began operations on january 5, 1949 on 125th street in harlem, providing local residents a place to save and obtain mortgages to buy homes in their own communities. in february 1961, carver opened its first branch in the bedford-stuyvesant section of brooklyn and continued expanding its operations in manhattan, brooklyn and queens into the 1990s. in 1994, carver bancorp, inc. became a publicly traded company and in 2007 was listed on the nasdaq stock exchange (carv). carver bancorp, inc. is the holding company of carver federal savings bank. today, carver is the largest african- and caribbean-american operated bank in the usa and channels its capital resources into underserved neighborhoods by reinvesting over 83% of its deposits into the communities we call home. the bank remains rooted in expanding wealth enhancing opportunities in the communities it ser
Company profile
Ticker
CARV
Exchange
Website
CEO
Michael T. Pugh
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
CSFB Credit Corp. • CSFB Realty Corp. • Carver Asset Corp. • Carver Community Development Corporation • Sub CDE 1, LLC • Sub CDE 22, LLC • Sub CDE 23, LLC • Sub CDE 24, LLC • Sub CDE 25, LLC • Alhambra Holdings Corp. ...
IRS number
133904174
CARV stock data
Latest filings (excl ownership)
8-K/A
Regulation FD Disclosure
22 Feb 24
8-K
Regulation FD Disclosure
21 Feb 24
10-Q
2024 Q3
Quarterly report
14 Feb 24
8-K
Regulation FD Disclosure
31 Jan 24
8-K
Regulation FD Disclosure
29 Nov 23
10-Q
2024 Q2
Quarterly report
14 Nov 23
8-K
Regulation FD Disclosure
3 Nov 23
8-K
Departure of Directors or Certain Officers
3 Oct 23
8-K
Submission of Matters to a Vote of Security Holders
18 Sep 23
10-Q
2024 Q1
Quarterly report
14 Aug 23
Latest ownership filings
4
Craig C MacKay
28 Feb 24
4
Robin L Nunn
31 Oct 23
3
Robin L Nunn
31 Oct 23
4
Christina L Maier
27 Oct 23
4
Isaac Torres
27 Oct 23
SC 13G
National Community Investment Fund
21 Jul 23
4
Craig C MacKay
14 Mar 23
4
Craig C MacKay
13 Mar 23
SC 13D
BAILEY JEFFREY JOHN
20 Dec 22
4
Craig C MacKay
19 Dec 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Mar 23 | Mar 22 | Mar 21 | Mar 20 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 52.19 mm | 52.19 mm | 52.19 mm | 52.19 mm | 52.19 mm | 52.19 mm |
Cash burn (monthly) | (no burn) | 3.61 mm | 528.67 k | 401.42 k | 1.77 mm | 639.17 k |
Cash used (since last report) | n/a | 24.20 mm | 3.54 mm | 2.69 mm | 11.85 mm | 4.28 mm |
Cash remaining | n/a | 27.99 mm | 48.65 mm | 49.50 mm | 40.34 mm | 47.91 mm |
Runway (months of cash) | n/a | 7.7 | 92.0 | 123.3 | 22.8 | 75.0 |
Institutional ownership, Q2 2023
32.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 22 |
Opened positions | 3 |
Closed positions | 0 |
Increased positions | 5 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 2.04 bn |
Total shares | 1.63 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Dream Chasers Capital | 233.00 k | $0.00 |
Herrera Shawn Paul | 233.00 k | $0.00 |
Winters Kevin Scott | 233.00 k | $0.00 |
Vanguard | 181.80 k | $485.41 mm |
WFC Wells Fargo & Co. | 157.84 k | $421.42 mm |
BAC Bank Of America | 147.23 k | $393.10 mm |
National Community Investment Fund | 123.20 k | $800.00 k |
Maltese Capital Management | 80.00 k | $213.60 mm |
Geode Capital Management | 62.97 k | $170.02 mm |
Dimensional Fund Advisors | 49.76 k | $134.35 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Feb 24 | Craig C MacKay | Common Stock | Buy | Acquire P | No | No | 1.67 | 1,000 | 1.67 k | 5,000 |
26 Oct 23 | Isaac Torres | Common Stock | Grant | Acquire A | No | No | 0 | 6,000 | 0.00 | 17,358 |
26 Oct 23 | Christina L Maier | Common Stock | Grant | Acquire A | No | No | 0 | 6,000 | 0.00 | 13,000 |
26 Oct 23 | Robin L Nunn | Common Stock | Grant | Acquire A | No | No | 0 | 1,000 | 0.00 | 1,000 |
14 Mar 23 | Craig C MacKay | Common Stock | Buy | Acquire P | No | No | 4.2 | 450 | 1.89 k | 4,000 |