CARO: Carolina Financial Corporation - Summary | Jitta

Carolina Financial Corporation

NASDAQ:CARO

Notice
Stock data is unavailable or the company’s delisted.
Price
$32.88
Loss Chance
41.0%
7.26JITTA SCORE
15.96%Under Jitta Line
Jitta Ranking
Sorry, the data is not yet available for this stock.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (62)
Recent Business Performance (71)
Financial Strength (95)
Return to Shareholders (63)
Competitive Advantage (78)
Jitta Signs
Revenue and EarningConsistent
Operating MarginExpansion
Dividend PayoutIncreasing Every Year
CapExVery Low
SG&A to SalesDecreasing Every Year
Total DepositConsistent Growth
Loan to DepositHigh Efficiency
Net Interest MarginEfficiency
New Share IssuedMore than 50% in 5 years
Key Stats
Jitta Score
Jitta Line
7.26
15.96%
6.38
84.79%
5.48
89.97%
Regional Banks
7.77
4.90%
6.87
80.13%
6.87
14.56%
COMPANY DESCRIPTION
As of May 1, 2020, Carolina Financial Corporation was acquired by United Bankshares, Inc.. Carolina Financial Corporation operates as a holding company for CresCom Bank that provides a range of commercial and retail banking financial services in South Carolina and North Carolina. The company operates through three segments: Community Banking, Wholesale Mortgage Banking, and Other. It offers noninterest-bearing demand accounts, interest-bearing demand and savings accounts, money market accounts, time deposits, and certificates of deposit. The company also provides commercial and residential real estate mortgage loans, real estate construction loans, commercial and industrial loans, commercial leases, and consumer loans to individuals, small to medium-sized businesses, and professional firms. In addition, it offers mortgage banking services comprising orrespondent/wholesale mortgage and loan servicing. The company operates through a network of 61 full service branches and 2 loan production offices located in South and North Carolina. Carolina Financial Corporation was incorporated in 1996 and is based in Charleston, South Carolina.