Carolina Trust Bank (CART) 6.00 $CART
Carolina Trust Bank Reports Second Quarter 2016 Diluted Earnings per Share of $0.08
GlobeNewswire - Wed Jul 27, 3:15PM CDT
Carolina Trust Bank (NASDAQ:CART) announced today its financial results for the second quarter that ended June 30, 2016 ("2Q 2016"
. The Bank earned net income of $457,000 in 2Q 2016 as compared to $361,000 for the same period in 2015 ("2Q 2015", representing a 27%, or $96,000, increase in net income between the comparative quarters. The Bank's net income for 2Q 2016 was also a 10% improvement over the $417,000 in net income previously reported for the quarter ended March 31, 2016 (the "linked quarter". After deducting the preferred stock dividends, net income available to common stockholders in 2Q 2016 was $399,000, a 32% increase over the 2Q 2015 figure, $302,000, and 11% over the linked quarter figure, $358,000. Diluted earnings per share for the 2Q 2016 were $0.08, as compared to $0.06 for the same period last year. Annualized return on average total assets was 0.49%, and annualized return on average common shareholder's equity was 5.57% for 2Q 2016. The 2Q 2016 annualized return average assets was higher than both 2Q 2015 and the linked quarter at 0.46% and 0.48%, respectively. Similarly, the 2Q 2016 annualized return on average common equity of 5.57% was higher than both 2Q 2015 at 4.34% and the linked quarter at 5.08%.
CART: 6.00 (unch)
Carolina Trust Bank Reports First Quarter 2016 Earnings of $0.08 per Share
GlobeNewswire - Thu Apr 28, 4:17PM CDT
Carolina Trust Bank (NASDAQ:CART) announced today its financial results for the first quarter that ended March 31, 2016 ("1Q 2016". The Bank earned net income of $417,000 in 1Q 2016 as compared to $175,000 for the same period in 2015 ("1Q 2015". After deducting the preferred stock dividends, net income available to common stockholders was $358,000 and $117,000, respectively, for 1Q 2016 as compared to 1Q 2015. The increases in net income and net income available to common stockholders were 138% and 206%, respectively, from 1Q 2015 to 1Q 2016. Diluted earnings per share for the first quarter were $0.08, as compared to $0.03 for the same period last year. Return on average total assets was 0.48%, and return on average shareholder's equity was 5.08% for 1Q 2016.
CART: 6.00 (unch)
Carolina Trust Bank Revises 2015 Financial Statements
GlobeNewswire - Wed Mar 23, 3:00PM CDT
Carolina Trust Bank (Nasdaq:CART) announced today that it revised its unaudited financial results for the year ended December 31, 2015 and reported the Bank earned net income available to common shareholders of $824,000 or $0.18 per diluted common share in comparison to unaudited results of $1,042,000 or $0.22 per diluted common share originally reported on January 25, 2016. Before payment of dividends on preferred shares, the Bank earned $1,058,000 in comparison to the $1,276,000 previously reported for the year ended December 31, 2015. The revised financial statements are primarily the result of a change in the discount rate used to account for the Bank's Supplemental Retirement Plan ("SERP" as well as the write-off of an expired net operating loss carry forward relating to the Carolina Commerce Bank acquisition in the Bank's deferred tax asset balance as of December 31, 2015. Complete financial results for the year ended December 31, 2015 are reported in the Bank's Form 10-K and Annual Report that were filed today.
CART: 6.00 (unch)
CORRECTING and REPLACING -- Carolina Trust Bank Posts 3Q Profit
GlobeNewswire - Tue Oct 20, 3:05PM CDT
Please note that in a release issued yesterday by Carolina Trust Bank (Nasdaq:CART), the earnings per diluted share for the second quarter of 2015 was incorrectly stated as $0.08 instead of $0.06. The entire corrected release follows:
CART: 6.00 (unch)
Carolina Trust Bank Posts 3Q Profit
GlobeNewswire - Mon Oct 19, 3:09PM CDT
Carolina Trust Bank (Nasdaq:CART) today reported net income available to common shareholders of $372,000 for the third quarter 2015 or $0.08 per diluted common share compared to second quarter 2015 net income of $302,000 or $0.08 per diluted common share.
CART: 6.00 (unch)
Photo Release -- Carolina Trust Bank Elects Jennifer Marion Mills as New Director
GlobeNewswire - Fri Aug 28, 2:30PM CDT
Carolina Trust Bank (Nasdaq:CART) announced today that Jennifer Marion Mills has been elected to its Board of Directors. Mills is an Executive with Randy Marion Automotive. Randy Marion is the largest volume GM dealer in the Southeast.
CART: 6.00 (unch)
Momentum Carries Carolina Trust Bank to 2Q Profit
GlobeNewswire - Tue Jul 21, 3:05PM CDT
Carolina Trust Bank (Nasdaq:CART) today reported net income available to common shareholders of $302,000 for the second quarter 2015 or $0.06 per diluted common share compared to a first quarter 2015 net income of $117,000 or $0.03 per diluted common share.
CART: 6.00 (unch)
Carolina Trust Bank Posts 1Q 2015 Profit as Company Expands Franchise
GlobeNewswire - Mon Apr 20, 3:05PM CDT
Carolina Trust Bank (Nasdaq:CART) today reported net income available to common shareholders of $117,000 for the first quarter 2015 or $0.03 per diluted common share - another in a string of profitable quarters despite salary and overhead expenses related to expansion and loan portfolio growth.
CART: 6.00 (unch)
Nasdaq stocks posting largest volume increases
AP - Fri Mar 20, 7:00PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
SHBI: 11.70 (-0.06), HWBK: 14.07 (+0.17), ANAT: 113.43 (-0.92), ENVI: 4.10 (+0.01), VBLT: 3.95 (-0.07), CART: 6.00 (unch)
Carolina Trust Bank Reports Record Profits for 2014, 4Q
GlobeNewswire - Tue Jan 20, 3:06PM CST
Reversal of Deferred Tax Asset valuation allowance results in tax benefit of $4.82 million for fourth quarter 2014
CART: 6.00 (unch)
Carolina Trust Bank Continues to Post Strong Results With 3Q Report
GlobeNewswire - Thu Oct 16, 4:47PM CDT
Loan growth of $5.40 million or 2.43% contributes to third quarter results;
CART: 6.00 (unch)
Carolina Trust Bank Reports Second Quarter 2016 Diluted Earnings per Share of $0.08
GlobeNewswire - Wed Jul 27, 3:15PM CDT
Carolina Trust Bank (NASDAQ:CART) announced today its financial results for the second quarter that ended June 30, 2016 ("2Q 2016"
. The Bank earned net income of $457,000 in 2Q 2016 as compared to $361,000 for the same period in 2015 ("2Q 2015", representing a 27%, or $96,000, increase in net income between the comparative quarters. The Bank's net income for 2Q 2016 was also a 10% improvement over the $417,000 in net income previously reported for the quarter ended March 31, 2016 (the "linked quarter". After deducting the preferred stock dividends, net income available to common stockholders in 2Q 2016 was $399,000, a 32% increase over the 2Q 2015 figure, $302,000, and 11% over the linked quarter figure, $358,000. Diluted earnings per share for the 2Q 2016 were $0.08, as compared to $0.06 for the same period last year. Annualized return on average total assets was 0.49%, and annualized return on average common shareholder's equity was 5.57% for 2Q 2016. The 2Q 2016 annualized return average assets was higher than both 2Q 2015 and the linked quarter at 0.46% and 0.48%, respectively. Similarly, the 2Q 2016 annualized return on average common equity of 5.57% was higher than both 2Q 2015 at 4.34% and the linked quarter at 5.08%. CART: 6.00 (unch)
Carolina Trust Bank Reports First Quarter 2016 Earnings of $0.08 per Share
GlobeNewswire - Thu Apr 28, 4:17PM CDT
Carolina Trust Bank (NASDAQ:CART) announced today its financial results for the first quarter that ended March 31, 2016 ("1Q 2016"
. The Bank earned net income of $417,000 in 1Q 2016 as compared to $175,000 for the same period in 2015 ("1Q 2015". After deducting the preferred stock dividends, net income available to common stockholders was $358,000 and $117,000, respectively, for 1Q 2016 as compared to 1Q 2015. The increases in net income and net income available to common stockholders were 138% and 206%, respectively, from 1Q 2015 to 1Q 2016. Diluted earnings per share for the first quarter were $0.08, as compared to $0.03 for the same period last year. Return on average total assets was 0.48%, and return on average shareholder's equity was 5.08% for 1Q 2016. CART: 6.00 (unch)
Carolina Trust Bank Revises 2015 Financial Statements
GlobeNewswire - Wed Mar 23, 3:00PM CDT
Carolina Trust Bank (Nasdaq:CART) announced today that it revised its unaudited financial results for the year ended December 31, 2015 and reported the Bank earned net income available to common shareholders of $824,000 or $0.18 per diluted common share in comparison to unaudited results of $1,042,000 or $0.22 per diluted common share originally reported on January 25, 2016. Before payment of dividends on preferred shares, the Bank earned $1,058,000 in comparison to the $1,276,000 previously reported for the year ended December 31, 2015. The revised financial statements are primarily the result of a change in the discount rate used to account for the Bank's Supplemental Retirement Plan ("SERP"
as well as the write-off of an expired net operating loss carry forward relating to the Carolina Commerce Bank acquisition in the Bank's deferred tax asset balance as of December 31, 2015. Complete financial results for the year ended December 31, 2015 are reported in the Bank's Form 10-K and Annual Report that were filed today. CART: 6.00 (unch)
CORRECTING and REPLACING -- Carolina Trust Bank Posts 3Q Profit
GlobeNewswire - Tue Oct 20, 3:05PM CDT
Please note that in a release issued yesterday by Carolina Trust Bank (Nasdaq:CART), the earnings per diluted share for the second quarter of 2015 was incorrectly stated as $0.08 instead of $0.06. The entire corrected release follows:
CART: 6.00 (unch)
Carolina Trust Bank Posts 3Q Profit
GlobeNewswire - Mon Oct 19, 3:09PM CDT
Carolina Trust Bank (Nasdaq:CART) today reported net income available to common shareholders of $372,000 for the third quarter 2015 or $0.08 per diluted common share compared to second quarter 2015 net income of $302,000 or $0.08 per diluted common share.
CART: 6.00 (unch)
Photo Release -- Carolina Trust Bank Elects Jennifer Marion Mills as New Director
GlobeNewswire - Fri Aug 28, 2:30PM CDT
Carolina Trust Bank (Nasdaq:CART) announced today that Jennifer Marion Mills has been elected to its Board of Directors. Mills is an Executive with Randy Marion Automotive. Randy Marion is the largest volume GM dealer in the Southeast.
CART: 6.00 (unch)
Momentum Carries Carolina Trust Bank to 2Q Profit
GlobeNewswire - Tue Jul 21, 3:05PM CDT
Carolina Trust Bank (Nasdaq:CART) today reported net income available to common shareholders of $302,000 for the second quarter 2015 or $0.06 per diluted common share compared to a first quarter 2015 net income of $117,000 or $0.03 per diluted common share.
CART: 6.00 (unch)
Carolina Trust Bank Posts 1Q 2015 Profit as Company Expands Franchise
GlobeNewswire - Mon Apr 20, 3:05PM CDT
Carolina Trust Bank (Nasdaq:CART) today reported net income available to common shareholders of $117,000 for the first quarter 2015 or $0.03 per diluted common share - another in a string of profitable quarters despite salary and overhead expenses related to expansion and loan portfolio growth.
CART: 6.00 (unch)
Nasdaq stocks posting largest volume increases
AP - Fri Mar 20, 7:00PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
SHBI: 11.70 (-0.06), HWBK: 14.07 (+0.17), ANAT: 113.43 (-0.92), ENVI: 4.10 (+0.01), VBLT: 3.95 (-0.07), CART: 6.00 (unch)
Carolina Trust Bank Reports Record Profits for 2014, 4Q
GlobeNewswire - Tue Jan 20, 3:06PM CST
Reversal of Deferred Tax Asset valuation allowance results in tax benefit of $4.82 million for fourth quarter 2014
CART: 6.00 (unch)
Carolina Trust Bank Continues to Post Strong Results With 3Q Report
GlobeNewswire - Thu Oct 16, 4:47PM CDT
Loan growth of $5.40 million or 2.43% contributes to third quarter results;
CART: 6.00 (unch)
