Carver Bancorp
CARV
Market cap $9.65M

1.89 USD

-0.03

1.56%

At close Oct 4, 4:00 PM EDT

After hours

1.94

+0.05

2.65%

1 day

-1.56%

5 days

-3.57%

1 month

-1.05%

3 months

30.34%

6 months

31.25%

Year to date

-5.50%

1 year

-5.03%

5 years

-39.42%

About: Carver Bancorp Inc is a holding company and conducts its business as a unitary saving and loan holding firm and the business of the company consists of the operation of its subsidiary. The bank offers a wide range of financial solutions to meet customers' banking. It offers other consumer and commercial banking products and services, such as debit cards, online banking, online bill pay, and telephone banking. The company 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.

Employees: 110

Financials Savings Institution, Federally Chartered

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0.61% less ownership

Funds ownership: 15.12% [Q1] → 14.52% (-0.61%) [Q2]

5% less funds holding

Funds holding: 19 [Q1] → 18 (-1) [Q2]

11% less capital invested

Capital invested by funds: $1.15M [Q1] → $1.02M (-$132K) [Q2]

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

50% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 6

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Research analyst outlook

We haven’t received any recent analyst ratings for CARV.

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Financial journalist opinion

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.

CARVER BANCORP, INC. NAMES DONALD FELIX PRESIDENT AND CEO, EFFECTIVE NOVEMBER 01, 2024

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.

Carver Bancorp, Inc. Interim CEO Craig C. MacKay Comments on the Bank's 2024 Fiscal Year-End Performance

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.

Carver Bancorp, Inc. Announces $25 Million Revolving Loan Facility with NY Green Bank to Support Building Decarbonization Projects in New York City

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.

Carver Federal Savings Bank Appoints Tony Holmes as First Vice President, Retail Banking & Business Development Officer

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.

Carver Bancorp, Inc. Definitively Rejects Dream Chasers' Offer

Dream Chasers Capital meets with Carver Bancorp (NASDAQ: CARV) for talks

Fund reiterate its $3.25 offer-also propose the bank merge with a Minority Broker Dealer NEW YORK , Jan. 25, 2024 /PRNewswire/ -- On January 24, 2024, Dream Chasers met with the Board of Directors of Nasdaq listed Carver Bancorp The fund made the following ask at its meeting with the Board: That the bank and Dream Chases start the immediate drafting of a Share Purchase Agreement for the acquisition of 35% of the common shares of Carver Bancorp stock. Propose a merger between Carver Bancorp and an already identified Wall Street based minority owned broker dealer –a transaction it believes would instantly transform the bank from a 75-year-old depository institution into a more full-service financial service company offering minority communities more wealth building services brokerage account which would give the banks customers the ability to now buy and sell Stocks, Options, Efts , Bonds, and also raise money to finance business start-ups and expansions.

Dream Chasers Capital meets with Carver Bancorp (NASDAQ: CARV) for talks

Carver Bancorp, Inc. Interim CEO Craig C. MacKay Comments on the Bank's Recent Performance

NEW YORK , Nov. 29, 2023 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV), the holding company for Carver Federal Savings Bank, today released a letter from its Interim CEO Craig C. MacKay on the Bank's recent performance: November 29, 2023 Dear Carver Shareholders: Carver Federal Savings Bank's ("Carver" or the "Bank") performance for the six-month period ended September 30, 2023 highlights the continued impact of our long-term investments in people, processes, and technology.

Carver Bancorp, Inc. Interim CEO Craig C. MacKay Comments on the Bank's Recent Performance

Dream Chasers raises its offer to $3.25 per share for 35% of Nasdaq listed Carver Bancorp symbol: CARV

NEW YORK , Nov. 20, 2023 /PRNewswire/ -- Dream Chasers Capital, Carver Bancorp's largest minority shareholder, encourage investors to call and email the bank to accept its improved $3.25 per share offer-an over 100% premium to the current stock price. A public company's stock price and market capital is a reflection of how the markets sees you.

Dream Chasers raises its offer to $3.25 per share for 35% of Nasdaq listed Carver Bancorp symbol: CARV

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