Carver Bancorp is the holding company for Carver Federal Savings Bank, a federally chartered savings bank. The Company conducts business as unitary saving and loan holding company, and the business of the Company consists of the operation of its subsidiary, Carver Federal. Carver Federal serves African-American communities whose residents, businesses and institutions had limited access to mainstream financial services. Carver engages in a range of consumer and commercial banking services. It provides deposit products, such as demand, savings and time deposits for consumers, businesses, and governmental and quasi-governmental agencies in its market area within New York City. The Bank offers other consumer and commercial banking products and services, such as debit cards, online banking, online bill pay and telephone banking.

Type
Public
HQ
New York, US
Founded
1948
Size (employees)
129 (est)
Carver Bancorp was founded in 1948 and is headquartered in New York, US
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Carver Bancorp Office Locations

Carver Bancorp has an office in New York
New York, US (HQ)
75 W 125th St
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Carver Bancorp Financials and Metrics

Carver Bancorp Revenue

Carver Bancorp's revenue was reported to be $38.72 m in FY, 2018
USD

Revenue (FY, 2018)

38.7 m

Gross profit (FY, 2018)

33.4 m

Gross profit margin (FY, 2018), %

86.4%

Net income (FY, 2018)

5.4 m

EBIT (FY, 2018)

18.9 m

Market capitalization (11-Jul-2018)

16.3 m

Closing share price (11-Jul-2018)

4.4

Cash (31-Mar-2018)

134.6 m
Carver Bancorp's current market capitalization is $16.3 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Revenue

30.1 m27.9 m8.4 m38.7 m

Revenue growth, %

(7%)(70%)

Cost of goods sold

4 m3.9 m1.2 m5.3 m

Gross profit

26.1 m24 m7.2 m33.4 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

7 m7.2 m6.7 m7.4 m7.9 m9.8 m8.1 m7.6 m7.1 m

Cost of goods sold

992 k992 k1 m1.1 m1.1 m1.2 m1.2 m1.4 m1.3 m1.2 m1.3 m

Gross profit

6 m6.2 m5.7 m6.3 m6.8 m8.6 m6.8 m6.2 m5.8 m

Gross profit Margin, %

86%86%85%86%86%88%85%81%82%
Annual
USDFY, 2015FY, 2016FY, 2018

Cash

51 m63.7 m134.6 m

Accounts Receivable

2.8 m3.6 m

Inventories

71.5 m

PP&E

7.1 m6 m3 m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

45.8 m57.7 m46.1 m46 m73.8 m61.5 m45.5 m67.7 m

Accounts Receivable

1.8 m2.2 m

PP&E

7 m6.9 m6.5 m5.8 m5.6 m5.5 m5.5 m5.7 m

Total Assets

670.8 m736.7 m754.1 m697.6 m701.7 m698.9 m661.1 m666.4 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Net Income

(553 k)(170 k)5.4 m

Depreciation and Amortization

1.1 m1.4 m897 k

Inventories

Accounts Payable

Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

190 k63 k(40 k)178 k(165 k)437 k408 k156 k(1 m)(641 k)

Depreciation and Amortization

245 k498 k511 k215 k431 k646 k203 k

Cash From Operating Activities

782 k2.3 m2 m716 k(1.5 m)(379 k)

Cash From Investing Activities

238 k(54.1 m)(81.8 m)27.4 m59.7 m36.8 m13.5 m
USDY, 2018

Revenue/Employee

300.1 k

Financial Leverage

13.4 x
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Carver Bancorp Online and Social Media Presence

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Carver Bancorp Company Life and Culture

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