CARV Carver Bancorp Dashboard

Carver Bancorp, Inc. is a holding company, which engages in the provision of consumer and commercial banking services. Through Carver Federal Savings Bank, it offers deposit products, including demand, savings, and time deposits for consumers, businesses, and governmental and quasi-governmental agencies. Carver Bancorp was founded in May 1996 and is headquartered in New York, NY.

Company profile

Ticker

CARV

Exchange

NASDAQ

Website

www.carverbank.com

CEO

Michael T. Pugh

Incorporated

Delaware

Location

New York

Fiscal year end

Mar 31

Sector

Finance and Insurance > Savings Institutions

Industry (SIC)

Savings Institution, Federally Chartered

E Trade Financial • People`s United Financial • Flagstar Bancorp • Umpqua • Eastern Bankshares • TFS Financial • BankUnited • Capitol Federal Financial • Provident Financial Services • Columbia Financial ...

SEC CIK

0001016178

Corporate docs

Articles of Incorporation & Bylaws

IRS number

133904174

CARV stock data

S&P 500

1M 1Y 2Y 5Y

News

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10 Financials Stocks Moving In Friday's Intraday Session

9 Apr 21

Stocks Of Minority/African-American Owned/Operated Businesses Move Higher Following Tweet From FDIC 'We're building a new fund to drive social investment to minority banks and Community Development Financial Institutions'

9 Mar 21

https://twitter.com/FDICgov/status/1369308069973393409

Realogy Reports Launch Of New Industry Partnership With National Association Of Minority Mortgage Bankers Of America 'designed to attract and support real estate professionals from diverse communities with impactful careers in real estate'

3 Mar 21

Realogy Holdings Corp (NYSE:RLGY), the largest full-service residential real estate services company in the United States, today announced a new industry partnership with the National Association of Minority Mortgage

Traders Attribute Move Higher In African America/Minority Owned Business To Circulation Of Article From 5 Hours Ago 'Interpublic Group Plans Upfront Sessions for Media Focused on Black Consumers,' Including BET, Urban One

2 Mar 21

Notable After-Hours Earnings For Wednesday, Feb. 10, 2021 And Expected Report Times: CERN, RDFN, IRBT, PACB, KERN, TRUP, ATUS, SONO, ZG, ZNGA, PAYC, QUOT, UBER, SAVE, SSNC, MOH, CXW, MGM, ORLY, EFX, KGC, EXEL, PPC

10 Feb 21

Press releases

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Carver Bancorp Inc. Receives Investment from JPMorgan Chase To Support Economic Empowerment in Communities of Color

23 Feb 21

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- Carver Bancorp, Inc. (the "Company") (NASDAQ:CARV), the holding company for Carver Federal Savings Bank ("Carver"), a certified Minority Depository Institution

JPMorgan Chase Announces Initiatives to Support Minority-Owned and Diverse-Led Financial Institutions

23 Feb 21

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- JPMorgan Chase today announced initiatives to further support Minority Depository Institutions (MDIs) and diverse-led Community Development Financial Institutions (CDFIs), as part

Society For Financial Education & Professional Development And Carver Bank Partner To Reduce Financial Literacy Gap For Students At Historically Black Colleges And Universities

8 Feb 21

NEW YORK, Feb. 8, 2021 /PRNewswire/ -- To address a financial literacy knowledge gap in communities of color, The Society for Financial Education and Professional Development, Inc. ("SFE&PD") and Carver

Carver Federal Savings Bank and John Hope Bryant Announce a New Sizeable Long-term Deposit in the Bank to Support Economic Empowerment in Communities of Color

5 Feb 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

15 Feb 21

13 Apr 21

31 Mar 22

Financial summary

Financial statements Chart CARV financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Mar 20	Mar 19	Mar 18	Mar 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	79.55M	79.55M	79.55M	79.55M	79.55M	79.55M
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	436.67K	347.33K	1.5M	578.58K
Cash used (since last report)	n/a	n/a	1.5M	1.2M	5.15M	1.99M
Cash remaining	n/a	n/a	78.05M	78.35M	74.4M	77.56M
Runway (months of cash)	n/a	n/a	178.7	225.6	49.7	134.0

Beta Read what these cash burn values mean

Recent insider trades

CARV insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
24 Feb 21	Craig C MacKay	Common Stock	Buy	Aquire P	No	No	9.9	79	782.1	1,100
24 Feb 21	Craig C MacKay	Common Stock	Buy	Aquire P	No	No	9.89	21	207.69	1,021
1 Dec 20	Lewis P. Jones III	Common Stock	Sell	Dispose S	No	No	7.17	200	1.43K	500
30 Nov 20	Lewis P. Jones III	Common Stock	Sell	Dispose S	No	No	7.19	300	2.16K	700
29 Oct 20	Michael T. Pugh	Common Stock	Grant	Aquire A	No	No	0	10,000	0	30,000
10 Sep 20	Isaac Torres	Common Stock	Sell	Dispose S	No	No	6.41	1,100	7.05K	10,900
19 Nov 19	Sophia Haliotis	Common Stock	Sell	Dispose S	No	No	6.56	1,214	7.96K	10,786

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

CARV institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

22.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	14	9	+55.6%
Opened positions	7	7	–
Closed positions	2	6	-66.7%
Increased positions	3	1	+200.0%
Reduced positions	3	1	+200.0%

13F shares	Current	Prev Q	Change
Total value	13.62M	2.48M	+448.2%
Total shares	682.55K	319K	+114.0%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Quinn Opportunity Partners	175.04K	$1.14M	-16.3%
BAC Bank Of America	147.23K	$956K	+1226800.0%
Bridgeway Capital Management	146.5K	$951K	+91.5%
National Community Investment Fund	123.2K	$800K	NEW
Vanguard	35.02K	$227K	NEW
Dimensional Fund Advisors	23.1K	$150K	NEW
Susquehanna Fundamental Investments	12.5K	$81K	-27.3%
Alpine Global Management	11.52K	$75K	-27.0%
Steward Partners Investment Advisory	5K	$32K	NEW
Atlas Capital Advisors	1.42K	$9.2M	NEW

Largest transactions	Shares	Bought/sold	Change
BAC Bank Of America	147.23K	+147.22K	+1226800.0%
National Community Investment Fund	123.2K	+123.2K	NEW
Bridgeway Capital Management	146.5K	+70K	+91.5%
Vanguard	35.02K	+35.02K	NEW
Quinn Opportunity Partners	175.04K	-34.21K	-16.3%
Dimensional Fund Advisors	23.1K	+23.1K	NEW
Steward Partners Investment Advisory	5K	+5K	NEW
Susquehanna Fundamental Investments	12.5K	-4.7K	-27.3%
Alpine Global Management	11.52K	-4.26K	-27.0%
Atlas Capital Advisors	1.42K	+1.42K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Bad

New words: accredited, Central, Chase, CRRSA, digital, dissolved, Fargo, introducing, launched, line, mix, Northeast, Pacific, Prudential, round, unobligated

Removed: attributible, delay, dissolution, narrative, reputable, retrospectively, unregistered

From filing 10-Q 2020 Q3