Carolina Financial Corporation

CresCom Bank, a leader in community banking, is dedicated to providing exceptional customer service and quality products to the communities it calls home, and prides itself on its strong knowledge of local business and economic trends. We are totally committed to offering competitive community banking products and superior service experiences for our customers. Creating an environment where our team members continually learn, develop and grow. Responsibly participating in the growth and well-being of the communities we serve. Maximizing the value of our shareholders' investment over both the short and long term.
Company Growth (employees)
Type
Public
HQ
Charleston, US
Founded
1996
Size (employees)
441 (est)
Carolina Financial Corporation was founded in 1996 and is headquartered in Charleston, US

Carolina Financial Corporation Office Locations

Carolina Financial Corporation has an office in Charleston
Charleston, US (HQ)
288 Meeting St

Carolina Financial Corporation Financials and Metrics

Carolina Financial Corporation Financials

Carolina Financial Corporation's revenue was reported to be $90.2 m in FY, 2016
USD

Net income (Q3, 2017)

8 m

EBIT (Q3, 2017)

19.5 m

Market capitalization (13-Dec-2017)

595.2 m

Cash (30-Sep-2017)

45.2 m

EV

604.3 m
Carolina Financial Corporation's current market capitalization is $595.2 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

58.8 m77.3 m90.2 m

Revenue growth, %

31%17%

Cost of goods sold

5.6 m6.6 m8.8 m

Gross profit

53.2 m70.7 m81.5 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

13.8 m14.2 m15 m18 m19.9 m19.8 m19.6 m21.7 m25.1 m24.9 m30.9 m

Cost of goods sold

1.3 m1.4 m1.4 m1.5 m1.6 m1.6 m2.1 m2.2 m2.3 m2.4 m3 m

Gross profit

12.4 m12.8 m13.6 m16.5 m18.3 m18.2 m17.5 m19.5 m22.8 m22.5 m27.9 m

Gross profit Margin, %

90%90%90%92%92%92%89%90%91%90%90%
USDFY, 2014FY, 2015FY, 2016

Cash

21.1 m26.6 m24.4 m

Accounts Receivable

3.6 m4.3 m5.4 m

Inventories

441.8 k478.5 k

PP&E

31.1 m32.6 m37.1 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

29.4 m22.1 m30.3 m46.3 m38.3 m68.6 m45 m45.2 m

PP&E

31.6 m32.1 m32.5 m35.3 m35.1 m46.5 m46.9 m

Goodwill

4.3 m4.3 m37.3 m37.3 m37.3 m

Total Assets

1.3 b1.3 b1.5 b1.6 b1.7 b2.2 b2.2 b2.3 b
    USDFY, 2014FY, 2015FY, 2016

    Net Income

    8.3 m14.4 m17.6 m

    Depreciation and Amortization

    1.2 m1.8 m2 m

    Accounts Receivable

    (668 k)(705 k)(754 k)

    Inventories

    (898 k)2.4 m
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    1.9 m4.2 m6.6 m3 m6.9 m10.8 m3.6 m6.5 m12.4 m4.9 m14.2 m8 m

    Depreciation and Amortization

    271 k558 k859 k427 k863 k1.3 m472 k953 k1.5 m568 k1.2 m

    Accounts Receivable

    18 k(257 k)(186 k)(405 k)(458 k)(472 k)(171 k)(162 k)(194 k)(170 k)(568 k)

    Accounts Payable

    13 k14 k(12 k)20 k15 k(8 k)17 k(9 k)105 k170 k
      Y, 2017

      EV/EBIT

      30.9 x

      Debt/Equity

      0.2 x

      Financial Leverage

      7.8 x
      Show all financial metrics

      Carolina Financial Corporation Operating Metrics

      Carolina Financial Corporation's Total Loans Issued was reported to be $1.4 b in Q2, 2017
      FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

      Bank Branches

      262730

      Total Loans Issued

      $768.12 m$794.49 m$831.05 m$846.88 m$912.58 m$953.79 m$1.06 b$1.12 b$1.17 b$1.41 b$1.42 b
      Show all operating metrics

      Carolina Financial Corporation Market Value History

      Carolina Financial Corporation's Web-traffic and Trends

      Carolina Financial Corporation Online and Social Media Presence

      Carolina Financial Corporation Company Life and Culture

      You may also be interested in