OverviewSuggest Edit

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.

TypePublic
Founded1948
HQNew York, US
Websitecarverbank.com
Employee Ratings2.7

Latest Updates

Employees (est.) (Feb 2019)114(-7%)
Job Openings3
Revenue (FY, 2018)$38.7 M(+26%)
Share Price (Mar 2019)$3.3

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 (Q3, 2019)

6.9m

Gross profit (Q3, 2019)

5.4m

Gross profit margin (Q3, 2019), %

78.7%

Net income (Q3, 2019)

(1.3m)

EBIT (Q3, 2019)

453.0k

Market capitalization (12-Mar-2019)

12.4m

Closing stock price (12-Mar-2019)

3.3

Cash (31-Dec-2018)

40.1m
Carver Bancorp's current market capitalization is $12.4 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

30.1m27.9m33.4m30.7m38.7m

Revenue growth, %

(7%)(70%)

Cost of goods sold

4.0m3.9m4.5m4.9m5.3m

Gross profit

26.1m24.0m28.9m25.8m33.4m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

7.0m7.2m6.7m7.4m7.9m9.8m8.1m7.6m7.1m7.4m7.5m7.4m7.4m7.0m6.9m

Cost of goods sold

992.0k992.0k1.0m1.1m1.1m1.2m1.2m1.4m1.3m1.2m1.3m1.4m1.6m1.6m1.5m

Gross profit

6.0m6.2m5.7m6.3m6.8m8.6m6.8m6.2m5.8m6.2m6.2m6.0m5.8m5.4m5.4m

Gross profit Margin, %

86%86%85%86%86%88%85%81%82%83%83%82%78%77%79%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

122.6m51.0m63.7m58.7m134.6m

Accounts Receivable

2.8m3.6m

Inventories

98.5m113.1m71.5m

PP&E

7.8m7.1m6.0m5.4m3.0m
Quarterly
USDQ1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

121.4m102.4m45.8m57.7m46.1m46.0m73.8m61.5m45.5m67.7m76.6m92.1m60.5m40.1m

Accounts Receivable

1.8m2.2m

Inventories

104.5m

PP&E

7.7m7.5m7.0m6.9m6.5m5.8m5.6m5.5m5.5m5.7m6.0m3.5m5.1m5.3m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(553.0k)(170.0k)(2.9m)5.4m

Depreciation and Amortization

1.1m1.4m867.0k897.0k

Inventories

Accounts Payable

Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

190.0k63.0k(40.0k)178.0k(165.0k)437.0k408.0k156.0k(1.0m)(641.0k)(1.2m)(2.2m)(1.0m)(3.0m)(4.4m)

Depreciation and Amortization

245.0k498.0k511.0k215.0k431.0k646.0k203.0k398.0k602.0k146.0k367.0k579.0k

Cash From Operating Activities

782.0k2.3m2.0m716.0k(1.5m)(379.0k)(3.1m)(6.7m)557.0k(2.6m)(3.5m)

Cash From Investing Activities

238.0k(54.1m)(81.8m)27.4m59.7m36.8m13.5m31.7m54.1m11.9m4.1m7.9m
USDY, 2018

Revenue/Employee

56.0k

Financial Leverage

12.3 x
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Carver Bancorp Online and Social Media Presence

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Carver Bancorp News and Updates

Carver Bancorp, Inc. Mourns the Loss of Board Member Robert W. Mooney

NEW YORK, Jan. 9, 2019 /PRNewswire/ -- Carver Bancorp, Inc. (the "Company") (NASDAQ: CARV), the holding company for Carver Federal Savings Bank, deeply mourns the loss of its board member, Robert W. Mooney, who passed away unexpectedly last week at his home in Washington, D.C. "Robert was ...
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Carver Bancorp Frequently Asked Questions

  • When was Carver Bancorp founded?

    Carver Bancorp was founded in 1948.

  • How many employees does Carver Bancorp have?

    Carver Bancorp has 114 employees.

  • What is Carver Bancorp revenue?

    Latest Carver Bancorp annual revenue is $38.7 m.

  • What is Carver Bancorp revenue per employee?

    Latest Carver Bancorp revenue per employee is $339.6 k.

  • Who are Carver Bancorp competitors?

    Competitors of Carver Bancorp include Eagle Bancorp Montana, Peapack-Gladstone Financial and Clifton Bancorp.

  • Where is Carver Bancorp headquarters?

    Carver Bancorp headquarters is located at 75 W 125th St, New York.

  • Where are Carver Bancorp offices?

    Carver Bancorp has an office in New York.

  • How many offices does Carver Bancorp have?

    Carver Bancorp has 1 office.