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.
Type
Public
HQ
Charleston, US
Founded
1996
Size (employees)
441 (est)+10%
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 Data and Metrics

Carolina Financial Corporation Financial Metrics

Carolina Financial Corporation's revenue was reported to be $90.2 m in FY, 2016 which is a 17% increase from the previous period.
$, USD

Revenue (FY, 2016)

90.2 m

Revenue growth (FY, 2015 - FY, 2016), %

17%

Gross profit (FY, 2016)

81.5 m

Gross profit margin (FY, 2016), %

90%

Net income (FY, 2016)

17.6 m

EBIT (FY, 2016)

52.2 m

Market capitalization (23-Jun-2017)

500.3 m

Closing share price (23-Jun-2017)

31.2

Cash (31-Dec-2016)

24.4 m
Carolina Financial Corporation's current market capitalization is $500.3 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

Gross profit Margin, %

90%91%90%

Sales and marketing expense

23.3 m28.6 m31.5 m

General and administrative expense

4.9 m7.2 m7.9 m

Operating expense total

41.4 m49.2 m56 m

EBIT

32.1 m43 m52.2 m

EBIT margin, %

55%56%58%

Pre tax profit

11.8 m21.5 m25.4 m

Income tax expense

3.4 m7.1 m7.8 m

Net Income

8.3 m14.4 m17.6 m
$, 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

Goodwill

4.3 m

Total Assets

1.2 b1.4 b1.7 b

Accounts Payable

312 k333 k327 k

Additional Paid-in Capital

23.2 m56.4 m66.2 m

Retained Earnings

69.6 m82.9 m98.5 m

Total Equity

93.7 m139.9 m163.2 m

Financial Leverage

12.8 x10.1 x10.3 x
$, 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

Accounts Payable

1 k21 k(28 k)
$, USDY, 2016

Revenue/Employee

224.4 k

Financial Leverage

10.3 x

Carolina Financial Corporation Market Value History

Carolina Financial Corporation Online and Social Media Presence

Carolina Financial Corporation Company Life and Culture

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