Financial Services -
Banks - Regional - NASDAQ - US
$ 1.8001
0.564 %
$ 9.2 M
Market Cap
-2.25
P/E
1. INTRINSIC VALUE
Balance Sheet
Carver Bancorp, Inc.
| Current Assets | 59 M |
| Cash & Short-Term Investments | 59 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 694 M |
| Long-Term Investments | 0 |
| PP&E | 12.4 M |
| Other Non-Current Assets | 682 M |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 714 M |
| Long-Term Debt | 29 M |
| Other Non-Current Liabilities | 685 M |
EFFICIENCY
Earnings Waterfall
Carver Bancorp, Inc.
| Revenue | 29.2 M |
| Cost Of Revenue | 0 |
| Gross Profit | 29.2 M |
| Operating Expenses | 24 M |
| Operating Income | 0 |
| Other Expenses | 2.98 M |
| Net Income | -2.98 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Carver Bancorp, Inc.
| Net Income | -2.98 M |
| Depreciation & Amortization | 965 K |
| Capital Expenditures | -360 K |
| Stock-Based Compensation | 220 K |
| Change in Working Capital | -5.35 M |
| Others | -4.78 M |
| Free Cash Flow | -6.93 M |
Wall Street Analysts Price Targets
Carver Bancorp, Inc.
CARV has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
CARV does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Carver Bancorp, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
195 K USD 5
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.67 K USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 months ago
Nov 25, 2024
|
Bought
45 K USD
|
Felix Donald
President and CEO
|
+ 26946
|
1.67 USD |
|
2 months ago
Nov 25, 2024
|
Bought
15 K USD
|
Knuckles Kenneth
Director
|
+ 8982
|
1.67 USD |
|
2 months ago
Nov 25, 2024
|
Bought
100 K USD
|
MacKay Craig C
Director
|
+ 59880
|
1.67 USD |
|
2 months ago
Nov 25, 2024
|
Bought
20 K USD
|
Grannum Colvin
Director
|
+ 11976
|
1.67 USD |
|
2 months ago
Nov 25, 2024
|
Bought
15 K USD
|
JACKSON PAZEL G JR
Director
|
+ 8982
|
1.67 USD |
|
11 months ago
Feb 27, 2024
|
Bought
1.67 K USD
|
MacKay Craig C
Director
|
+ 1000
|
1.67 USD |
|
1 year ago
Mar 14, 2023
|
Bought
1.89 K USD
|
MacKay Craig C
Director
|
+ 450
|
4.2 USD |
|
2 years ago
Dec 19, 2022
|
Bought
1.82 K USD
|
MacKay Craig C
Director
|
+ 450
|
4.04 USD |
|
3 years ago
Nov 19, 2021
|
Sell 16.1 K
USD
|
Maier Christina L
CFO
|
- 1209
|
13.3123 USD |
|
3 years ago
Aug 26, 2021
|
Sell 42.5 K
USD
|
Haliotis Sophia
SVP and CCO
|
- 2428
|
17.5 USD |
|
3 years ago
Aug 24, 2021
|
Sell 55.8 K
USD
|
Pugh Michael T.
President & CEO
|
- 3036
|
18.38 USD |
|
3 years ago
Aug 24, 2021
|
Sell 46.1 K
USD
|
Torres Isaac
SVP and GC
|
- 2542
|
18.15 USD |
|
3 years ago
Feb 24, 2021
|
Bought
782 USD
|
MacKay Craig C
Director
|
+ 79
|
9.9 USD |
|
3 years ago
Feb 24, 2021
|
Bought
208 USD
|
MacKay Craig C
Director
|
+ 21
|
9.89 USD |
|
4 years ago
Nov 30, 2020
|
Sell 2.16 K
USD
|
Jones Lewis P. III
Director
|
- 300
|
7.19 USD |
|
4 years ago
Dec 01, 2020
|
Sell 1.43 K
USD
|
Jones Lewis P. III
Director
|
- 200
|
7.17 USD |
|
5 years ago
Nov 19, 2019
|
Sell 7.96 K
USD
|
Haliotis Sophia
SVP and CCO
|
- 1214
|
6.56 USD |
|
4 years ago
Sep 10, 2020
|
Sell 7.05 K
USD
|
Torres Isaac
SVP and GC
|
- 1100
|
6.41 USD |
|
4 years ago
Sep 02, 2020
|
Sell 600
USD
|
Pugh Michael T.
President & CEO
|
- 100
|
6 USD |
|
6 years ago
Sep 13, 2018
|
Bought
419 USD
|
Mooney Robert W
Director
|
+ 100
|
4.19 USD |
|
6 years ago
Sep 13, 2018
|
Bought
18.9 K USD
|
Mooney Robert W
Director
|
+ 4300
|
4.3857 USD |
|
6 years ago
Sep 13, 2018
|
Bought
439 USD
|
Mooney Robert W
Director
|
+ 100
|
4.39 USD |
|
9 years ago
Dec 11, 2015
|
Sell 16.7 K
USD
|
WRIGHT DEBORAH C
Director
|
- 4130
|
4.0488 USD |
|
9 years ago
Aug 19, 2015
|
Bought
6.05 K USD
|
WRIGHT DEBORAH C
Director
|
+ 1000
|
6.0489 USD |
|
9 years ago
Aug 17, 2015
|
Bought
585 USD
|
Pugh Michael T.
President & CEO
|
+ 100
|
5.85 USD |
|
9 years ago
Feb 25, 2015
|
Bought
750 USD
|
Toner David L.
First SVP and CFO
|
+ 125
|
6 USD |
|
10 years ago
Dec 15, 2014
|
Bought
986 USD
|
Toner David L.
First SVP and CFO
|
+ 136
|
7.25 USD |
|
10 years ago
Dec 15, 2014
|
Bought
116 USD
|
Toner David L.
First SVP and CFO
|
+ 16
|
7.25 USD |
|
10 years ago
Dec 09, 2014
|
Bought
7.39 K USD
|
WRIGHT DEBORAH C
Chairman and CEO
|
+ 966
|
7.65 USD |
|
10 years ago
Dec 08, 2014
|
Bought
255 USD
|
WRIGHT DEBORAH C
Chairman and CEO
|
+ 34
|
7.5 USD |
|
11 years ago
Nov 13, 2013
|
Sell 6.69 K
USD
|
WRIGHT DEBORAH C
Chairman and CEO
|
- 1000
|
6.687 USD |
|
15 years ago
Mar 11, 2009
|
Sell 356
USD
|
JACKSON PAZEL G JR
Director
|
- 200
|
1.78 USD |
|
16 years ago
Aug 28, 2008
|
Bought
769 USD
|
HOLLAND ROBERT JR
Director
|
+ 100
|
7.69 USD |
|
16 years ago
Aug 27, 2008
|
Bought
767 USD
|
HOLLAND ROBERT JR
Director
|
+ 100
|
7.67 USD |
|
16 years ago
Aug 26, 2008
|
Bought
738 USD
|
HOLLAND ROBERT JR
Director
|
+ 100
|
7.38 USD |
|
16 years ago
Aug 25, 2008
|
Bought
726 USD
|
HOLLAND ROBERT JR
Director
|
+ 100
|
7.26 USD |
|
16 years ago
Aug 22, 2008
|
Bought
774 USD
|
HOLLAND ROBERT JR
Director
|
+ 100
|
7.74 USD |
|
16 years ago
Aug 21, 2008
|
Bought
774 USD
|
HOLLAND ROBERT JR
Director
|
+ 100
|
7.74 USD |
|
16 years ago
Aug 20, 2008
|
Bought
800 USD
|
HOLLAND ROBERT JR
Director
|
+ 100
|
8 USD |
|
16 years ago
Aug 19, 2008
|
Bought
845 USD
|
HOLLAND ROBERT JR
Director
|
+ 100
|
8.45 USD |
|
16 years ago
Jun 13, 2008
|
Bought
117 USD
|
Ifill Susan M.
SVP, CHIEF RETAIL OFFICER
|
+ 13
|
8.99 USD |
|
16 years ago
Jun 13, 2008
|
Bought
4.88 K USD
|
Ifill Susan M.
SVP, CHIEF RETAIL OFFICER
|
+ 542
|
9 USD |
|
16 years ago
Jun 16, 2008
|
Bought
1.35 K USD
|
Koehler Charles F
EVP, Business Development Ofcr
|
+ 150
|
8.99 USD |
|
16 years ago
Jun 17, 2008
|
Bought
9 K USD
|
WRIGHT DEBORAH C
CHAIRMAN, PRESIDENT & CEO
|
+ 1000
|
9 USD |
|
16 years ago
Jun 17, 2008
|
Bought
4.5 K USD
|
RUGGIERO EDWARD B
Director
|
+ 500
|
9 USD |
|
16 years ago
Jun 17, 2008
|
Bought
288 USD
|
RUGGIERO EDWARD B
Director
|
+ 31
|
9.3 USD |
|
16 years ago
Jun 17, 2008
|
Bought
1.74 K USD
|
RUGGIERO EDWARD B
Director
|
+ 195
|
8.9 USD |
|
16 years ago
Jun 17, 2008
|
Bought
2.4 K USD
|
RUGGIERO EDWARD B
Director
|
+ 274
|
8.75 USD |
|
16 years ago
Jun 17, 2008
|
Bought
2.7 K USD
|
RUGGIERO EDWARD B
Director
|
+ 300
|
8.999 USD |
|
16 years ago
Jun 17, 2008
|
Bought
1.79 K USD
|
RUGGIERO EDWARD B
Director
|
+ 200
|
8.94 USD |
|
16 years ago
Jun 10, 2008
|
Bought
1.94 K USD
|
Pinnock Blondel
SENIOR VICE PRESIDENT
|
+ 200
|
9.715 USD |
|
16 years ago
Jun 13, 2008
|
Bought
117 USD
|
Ifill Susan M.
SVP, CHIEF RETAIL OFFICER
|
+ 13
|
8.99 USD |
|
16 years ago
Jun 13, 2008
|
Bought
4.88 K USD
|
Ifill Susan M.
SVP, CHIEF RETAIL OFFICER
|
+ 542
|
9 USD |
|
17 years ago
Jun 07, 2007
|
Bought
495 USD
|
Ifill Susan M.
SVP, CHIEF RETAIL OFFICER
|
+ 30
|
16.5 USD |
|
16 years ago
Jun 17, 2008
|
Bought
9 K USD
|
WRIGHT DEBORAH C
CHAIRMAN, PRESIDENT & CEO
|
+ 1000
|
9 USD |
|
16 years ago
Jun 16, 2008
|
Bought
1.35 K USD
|
Koehler Charles F
EVP, Chief Lending Officer
|
+ 150
|
8.99 USD |
|
16 years ago
Jun 02, 2008
|
Bought
453 USD
|
Koehler Charles F
EVP, Chief Lending Officer
|
+ 50
|
9.05 USD |
|
16 years ago
Jun 10, 2008
|
Bought
7.32 K USD
|
WRIGHT DEBORAH C
CHAIRMAN, PRESIDENT & CEO
|
+ 804
|
9.1 USD |
|
16 years ago
Jun 10, 2008
|
Bought
6.16 K USD
|
WRIGHT DEBORAH C
CHAIRMAN, PRESIDENT & CEO
|
+ 696
|
8.85 USD |
|
16 years ago
Jun 05, 2008
|
Bought
6.5 K USD
|
Swan Roy
EVP AND CFO
|
+ 722
|
9 USD |
|
16 years ago
Jun 05, 2008
|
Bought
2.5 K USD
|
Swan Roy
EVP AND CFO
|
+ 278
|
8.99 USD |
|
17 years ago
Dec 06, 2007
|
Bought
14.9 K USD
|
BASON JAMES H
SVP & CHIEF LENDING OFFICER
|
+ 1000
|
14.89 USD |
|
17 years ago
Dec 05, 2007
|
Bought
1.53 K USD
|
WRIGHT DEBORAH C
PRESIDENT & CEO
|
+ 102
|
14.99 USD |
|
17 years ago
Dec 05, 2007
|
Bought
4.57 K USD
|
WRIGHT DEBORAH C
PRESIDENT & CEO
|
+ 305
|
14.98 USD |
|
17 years ago
Dec 05, 2007
|
Bought
2.89 K USD
|
WRIGHT DEBORAH C
PRESIDENT & CEO
|
+ 193
|
14.97 USD |
|
17 years ago
Dec 05, 2007
|
Bought
4.46 K USD
|
WRIGHT DEBORAH C
PRESIDENT & CEO
|
+ 300
|
14.855 USD |
|
17 years ago
Dec 05, 2007
|
Bought
1.48 K USD
|
WRIGHT DEBORAH C
PRESIDENT & CEO
|
+ 100
|
14.8475 USD |
|
17 years ago
Dec 05, 2007
|
Bought
3.73 K USD
|
WRIGHT DEBORAH C
PRESIDENT & CEO
|
+ 250
|
14.9075 USD |
|
17 years ago
Dec 04, 2007
|
Bought
1.5 K USD
|
Swan Roy
EVP AND CFO
|
+ 100
|
14.99 USD |
|
17 years ago
Dec 04, 2007
|
Bought
5.99 K USD
|
Swan Roy
EVP AND CFO
|
+ 400
|
14.98 USD |
|
17 years ago
Dec 04, 2007
|
Bought
1.5 K USD
|
Swan Roy
EVP AND CFO
|
+ 100
|
14.97 USD |
|
17 years ago
Dec 04, 2007
|
Bought
9.73 K USD
|
Swan Roy
EVP AND CFO
|
+ 650
|
14.9699 USD |
|
17 years ago
Jun 15, 2007
|
Bought
12.8 K USD
|
Daniel Samuel J
Director
|
+ 800
|
16 USD |
|
17 years ago
Jun 19, 2007
|
Bought
16 K USD
|
RUGGIERO EDWARD B
Director
|
+ 1000
|
15.95 USD |
|
17 years ago
Jun 15, 2007
|
Bought
16 K USD
|
Swan Roy
Chief Financial Officer
|
+ 1000
|
16 USD |
|
17 years ago
Jun 15, 2007
|
Bought
11.2 K USD
|
WRIGHT DEBORAH C
President & CEO
|
+ 700
|
16.05 USD |
|
17 years ago
Jun 15, 2007
|
Bought
1.61 K USD
|
WRIGHT DEBORAH C
President & CEO
|
+ 100
|
16.08 USD |
|
17 years ago
Jun 15, 2007
|
Bought
3.2 K USD
|
WRIGHT DEBORAH C
President & CEO
|
+ 200
|
16 USD |
|
19 years ago
May 12, 2005
|
Sell 45.6 K
USD
|
PETERSON MARGARET D
SVP & Chief HR Officer
|
- 2590
|
17.6 USD |
|
19 years ago
May 10, 2005
|
Sell 9.29 K
USD
|
DUNN LINDA J
SVP & General Counsel
|
- 525
|
17.7 USD |
|
19 years ago
May 12, 2005
|
Sell 65.1 K
USD
|
DUNN LINDA J
SVP & General Counsel
|
- 3700
|
17.6 USD |
|
20 years ago
Nov 10, 2004
|
Sell 5.33 K
USD
|
MAHER BRIAN J
SVP & Chief Credit Officer
|
- 285
|
18.7 USD |
|
20 years ago
Nov 10, 2004
|
Sell 23.4 K
USD
|
MAHER BRIAN J
SVP & Chief Credit Officer
|
- 1250
|
18.7 USD |
|
20 years ago
Aug 12, 2004
|
Sell 32.1 K
USD
|
WOOLCOCK DEVON
SVP and Chief Retail Officer
|
- 1767
|
18.15 USD |
|
20 years ago
Aug 12, 2004
|
Sell 24.2 K
USD
|
WOOLCOCK DEVON
SVP and Chief Retail Officer
|
- 1333
|
18.15 USD |
|
20 years ago
Aug 12, 2004
|
Sell 622
USD
|
WOOLCOCK DEVON
SVP and Chief Retail Officer
|
- 33
|
18.86 USD |
|
20 years ago
Aug 12, 2004
|
Sell 7.6 K
USD
|
WOOLCOCK DEVON
SVP and Chief Retail Officer
|
- 403
|
18.86 USD |
|
20 years ago
Aug 12, 2004
|
Bought
1.89 K USD
|
MODDY CAROL BALDWIN
Director
|
+ 100
|
18.91 USD |
|
20 years ago
Aug 12, 2004
|
Bought
1.9 K USD
|
MODDY CAROL BALDWIN
Director
|
+ 100
|
18.95 USD |
|
20 years ago
Aug 11, 2004
|
Sell 3.3 K
USD
|
BASON JAMES H
SVP & Chief Lending Officer
|
- 173
|
19.05 USD |
|
20 years ago
Aug 13, 2004
|
Bought
3.66 K USD
|
PAPAYIANNIS CATHERINE A
EVP & COO
|
+ 200
|
18.3 USD |
|
20 years ago
Aug 11, 2004
|
Bought
19.2 K USD
|
DEATON FRANK
SVP & Chief Auditor
|
+ 1000
|
19.2 USD |
|
20 years ago
Aug 04, 2004
|
Sell 1.2 K
USD
|
DEATON FRANK
SVP & Chief Auditor
|
- 64
|
18.71 USD |
|
20 years ago
Aug 06, 2004
|
Sell 18.5
USD
|
DEATON FRANK
SVP & Chief Auditor
|
- 1
|
18.5 USD |
|
20 years ago
Aug 04, 2004
|
Sell 1.16 K
USD
|
MAHER BRIAN J
SVP & Chief Credit Officer
|
- 62
|
18.71 USD |
|
20 years ago
Aug 06, 2004
|
Sell 18.5
USD
|
MAHER BRIAN J
SVP & Chief Credit Officer
|
- 1
|
18.5 USD |
|
20 years ago
Aug 04, 2004
|
Sell 1.57 K
USD
|
WOOLCOCK DEVON
SVP & Chief Retail Officer
|
- 84
|
18.71 USD |
|
20 years ago
Aug 04, 2004
|
Sell 8.19 K
USD
|
PAPAYIANNIS CATHERINE A
EVP & COO
|
- 438
|
18.71 USD |
|
20 years ago
Aug 06, 2004
|
Sell 130
USD
|
PAPAYIANNIS CATHERINE A
EVP & COO
|
- 7
|
18.5 USD |
|
20 years ago
Aug 04, 2004
|
Sell 3.27 K
USD
|
GRAY WILLIAM C
SVP & Chief Financial Officer
|
- 175
|
18.71 USD |
|
20 years ago
Aug 06, 2004
|
Sell 74
USD
|
GRAY WILLIAM C
SVP & Chief Financial Officer
|
- 4
|
18.5 USD |
|
20 years ago
Jun 01, 2004
|
Sell 0
USD
|
TERRELL FREDERICK
Director
|
- 125000
|
0 USD |
|
20 years ago
May 12, 2004
|
Sell 3.18 K
USD
|
BASON JAMES H
SVP & Chief Lending Officer
|
- 160
|
19.85 USD |
|
20 years ago
May 12, 2004
|
Bought
1.98 K USD
|
DUNN LINDA J
SVP & General Counsel
|
+ 99
|
20 USD |
7. News
Dream Chasers Wins Carver Retail Shareholder Vote by a Landslide
Preliminary results indicate approximately 70% of retail vote for new voices on Board of Directors, not including votes cast by members of the Dream Chasers Group Calls on Donald Felix and Carver Board of Directors to do right by shareholders Demands answers to why Board of Directors vote was extended by 45 minutes Demands disclosure of any high-pressure sales calls to certain large shareholders, including any offers, promises or assurances made to shareholders to sway vote at last minute Calls on Board to hear shareholders, appoint Jeffrey "Jeff" Anderson and Jeffrey Bailey to the Board NEW YORK , Dec. 13, 2024 /PRNewswire/ -- Following a concerning set of unconventional practices at the Carver Bancorp, Inc. ("Carver," or the "Company") (NASDAQ: CARV) Annual Meeting of Shareholders (the "Meeting") on December 12, 2024, Dream Chasers Capital Group LLC ("Dream Chasers") urged Carver Chief Executive Officer Donald Felix and the Board of Directors (the "Board") to provide clarity, certainty and transparency to shareholders. Preliminary results indicate that approximately 70% of retail shareholders supported Jeffrey "Jeff" Anderson and/or Jeffrey Bailey for election to the Board.
prnewswire.com
- 1 month ago
Dream Chasers: Deadline This Week to Vote for a New Carver
Calls on shareholders to vote ahead of Annual Meeting – Vote by 11:59 PM on December 11 Says Carver's best days are ahead if shareholders vote for change Urges all shareholders to vote for change: Vote FOR Mr. Jeffrey "Jeff" Anderson and Mr.
prnewswire.com
- 1 month ago
Dream Chasers Urges Institutional Shareholders to Join Retail Holders to Drive Change at Carver
Letter calls on National Community Investment Fund, Bank of America, J.P. Morgan, American Express and other community-focused investors to help drive improved performance Says continued support of under-performing Board does the community and Carver no good Urges all shareholders to vote for change: Vote FOR Mr.
prnewswire.com
- 1 month ago
Leading Independent Proxy Advisory Firm ISS Recommends Carver Bancorp, Inc. Stockholders Vote FOR the Company's Highly Qualified Director Nominees
-- ISS Concludes Dream Chasers Has Not Made a Compelling Case for Change -- -- Carver Encourages Stockholders to Follow ISS' Recommendation and Vote FOR the Company's Director Nominees and select WITHHOLD for the Dream Chasers' Nominees on the White Universal Proxy Card -- NEW YORK , Nov. 29, 2024 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver" or the "Company"), the holding company for Carver Federal Savings Bank (the "Bank"), a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI"), today announced that Institutional Shareholder Services ("ISS"), a leading proxy advisory firm, has recommended Carver stockholders vote FOR its highly qualified director nominees, Jillian E. Joseph and Kenneth J.
prnewswire.com
- 2 months ago
Dream Chasers Says Carver's Best Days are Ahead, Urges Shareholders to Turn a New Page
Corrects Record on Board's Misleading Statements in Proxy Contest Urges Institutional and Retail Shareholders to Vote for Change: Vote FOR Mr. Jeffrey "Jeff" Anderson and Mr.
prnewswire.com
- 2 months ago
Dream Chasers to Carver Board: Shareholders are Fed Up, Time to Start Winning Again
Carver Reported $2.1 Million Loss in Second Quarter, up from $1.48 Million Loss in Same Quarter 2023 $25m in Losses Over Last Ten Years 1 Resulting in ~80% Stock Price Drop 2 A $10,000 Investment in 2014 Would be Worth Only Approximately $2,000 today 3 Dream Chasers Urges Institutional and Retail Shareholders to Vote for Change: Vote FOR Mr. Jeffrey "Jeff" Anderson and Mr.
prnewswire.com
- 2 months ago
Dream Chasers, Representing 9.7% of Carver Bancorp Shares, Urges Shareholder Support of Two New Board Nominees
Confident Highly Successful, Independent Nominees Will Drive Shareholder Value Increase Dream Chasers Letter Reminds Shareholders of -80% 10-yr Stock Price Loss Under Current Directors Urges a "WITHOLD" Vote Against Carver's Non-Performing Directors Sends Proxy Material and Encourages Vote for Change by Selecting Jeffrey "Jeff" Anderson and Jeffrey John Bailey on the BLUE Proxy Card to Give Carver Best Chance to Return to Profitability Carver Lags Bank Index by 45% in the Last Year and 237% Over Last Ten Years; Only One Profitable Fiscal Year in Last Decade NEW YORK , Nov. 11, 2024 /PRNewswire/ -- Dream Chasers Capital Group LLC ("Dream Chasers"), representing shareholders with a 9.7% stake in Carver Bancorp, Inc. (the "Company") (NASDAQ: CARV), today issued an open letter to shareholders in advance of the Company's 2024 Annual Meeting of Stockholders, set for December 12, 2024. The full text of the letter is below: Dear Fellow Carver Shareholders: Dream Chasers believes it is time for Carver Bancorp shareholders to dream big again.
prnewswire.com
- 2 months ago
CARVER BANCORP, INC. NAMES DONALD FELIX PRESIDENT AND CEO, EFFECTIVE NOVEMBER 01, 2024
Carver is a historic institution founded in 1948 to help underserved communities in New York City build wealth. Carver continues to pay its mission forward, focusing on Minority and Women Business Enterprises and the growing middle-income neighborhoods it serves.
prnewswire.com
- 4 months ago
Carver Bancorp, Inc. Interim CEO Craig C. MacKay Comments on the Bank's 2024 Fiscal Year-End Performance
NEW YORK , Aug. 1, 2024 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV), the holding company for Carver Federal Savings Bank, released a letter from its Interim CEO Craig C. MacKay on the Bank's 2024 fiscal year-end performance: Dear Carver Shareholders: We remain optimistic about the Bank's future - Craig C.
prnewswire.com
- 6 months ago
Carver Bancorp, Inc. Announces $25 Million Revolving Loan Facility with NY Green Bank to Support Building Decarbonization Projects in New York City
NEW YORK , May 28, 2024 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank"), a certified Community Development Financial Institution and a designated Minority Depository Institution, is proud to announce the closing of a $25 million revolving senior unsecured term loan under the Community Decarbonization Fund with NY Green Bank. "Carver's collaboration with NY Green Bank enables us to leverage critical funds needed to advance clean energy and build electrification projects in communities that have historically faced financial barriers," said Craig C.
prnewswire.com
- 8 months ago
Carver Federal Savings Bank Appoints Tony Holmes as First Vice President, Retail Banking & Business Development Officer
NEW YORK , March 4, 2024 /PRNewswire/ -- Carver Federal Savings Bank ("Carver") announces the strategic appointment of Tony Holmes as First Vice President, Retail Banking & Business Development Officer. In this newly created role, Holmes brings over 20 years of experience from leading financial institutions, including JPMorgan Chase, Bank of America, and ESL Federal Credit Union, enhancing Carver's mission to serve and empower its communities.
prnewswire.com
- 10 months ago
Carver Bancorp, Inc. Definitively Rejects Dream Chasers' Offer
NEW YORK , Jan. 31, 2024 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver" or the "Company"), the holding company for Carver Federal Savings Bank (the "Bank"), a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI"), announced today that its Board of Directors (the "Board") reviewed and thoroughly rejected an offer by Dream Chasers Capital Group ("Dream Chasers") to acquire 35% interest in Carver's common equity. The Board determined that the adverse publicly disclosed regulatory history of Dream Chasers' leadership posed unacceptable reputational risks to Carver's standing and mission credibility.
prnewswire.com
- 1 year ago
8. Profile
Summary
Carver Bancorp, Inc. CARV
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 9.2 M
Dividend Yield
0.00%
Description
Carver Bancorp, Inc. operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York. It accepts various deposit products, including demand, savings, and time deposits; passbook and statement accounts, and certificates of deposit; and individual retirement accounts. The company also provides lending products, such as one-to-four family residential, multifamily real estate, and commercial real estate lending; and construction, business and small business administration, and consumer and other loans. In addition, it offers other consumer and commercial banking products and services, including debit cards, online account opening and banking, online bill pay, and telephone banking, as well as check cashing, wire transfer, bill payment, reloadable prepaid card, and money order services. The company operates through one administrative office, seven branches, and four ATMs. Carver Bancorp, Inc. was founded in 1948 and is headquartered in New York, New York.
Contact
75 West 125th Street, New York, NY, 10027-4512
https://www.carverbank.com
IPO
Date
Oct. 25, 1994
Employees
110
Officers
Ms. Christina L. Maier
First Senior Vice President & Chief Financial Officer
Mr. Marc S. Winkler
Senior Vice President & Chief Administrative Officer
Mr. Donald Felix
President, Chief Executive Officer & Director
Mr. Isaac Torres
Senior Vice President, General Counsel & Corporate Secretary