Carver Bancorp Stock Intrinsic Value – Carver Bancorp Stock Jumps as Dream Chasers Raises Offer to $3.25 per Share
November 21, 2023
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Carver Bancorp ($NASDAQ:CARV), one of the largest publicly traded community development financial institutions, has had a significant boost to its stock value due to Dream Chasers’ latest bid of $3.25 per share. Carver Bancorp operates as a holding company for Carver Federal Savings Bank, a federally chartered savings bank, providing banking and financial services to consumers and businesses. Carver Federal Savings Bank serves the New York City metropolitan area, providing savings and checking accounts, mortgage loans, consumer loans, cash management services, and more. This news of the increased bid has been welcomed by shareholders of Carver Bancorp.
The company has seen an increase in its stock value since Dream Chasers’ offer was announced. The increased bid is expected to benefit shareholders as it further strengthens Carver Bancorp’s financial position and provides additional capital for future growth.
Stock Price
On Monday, Carver Bancorp saw its stock price jump 18.8% from its previous closing price of $1.4 to $2.1 when the opening bell rang and finishing the day at $1.7. This surge in stock price was a result of Dream Chasers raising their offer to purchase Carver Bancorp for $3.25 per share. This is the highest offer to date from any party, and has investor confidence in the company at an all-time high. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Carver Bancorp. More…
| Total Revenues | Net Income | Net Margin |
| – | -5.6 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Carver Bancorp. More…
| Operations | Investing | Financing |
| -7.67 | -31.3 | -4.39 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Carver Bancorp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 742.78 | 703.11 | – |
Key Ratios Snapshot
Some of the financial key ratios for Carver Bancorp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.2% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Carver Bancorp Stock Intrinsic Value
At GoodWhale, we have conducted a comprehensive analysis of CARVER BANCORP‘s fundamentals. Our proprietary Valuation Line has estimated the fair value of CARVER BANCORP share at $3.8. As of now, the stock is trading at $1.7, which implies that the stock is undervalued by a percentage of 55.0%. This could be a great opportunity for investors to buy the stock at a discounted price. More…
Peers
Carver Bancorp Inc. is a leader in the industry and competes with other notable financial institutions such as Pacific Valley Bancorp, Carter Bankshares Inc, and PCB Bancorp. All of these companies provide similar services and products, allowing customers to make informed decisions when selecting the best financial partner for them.
– Pacific Valley Bancorp ($OTCPK:PVBK)
Pacific Valley Bancorp is a regional bank based in California’s Central Coast region that has been serving the local community for over 40 years. With a market cap of 14.44 million as of 2023, the company is well-positioned to continue delivering the best financial services to its customers. Additionally, their Return on Equity (ROE) of 12.76% is a strong indicator of the company’s financial performance and ability to generate returns from its shareholders’ investments. Pacific Valley Bancorp is committed to providing reliable banking services and they strive to create long-lasting relationships with their customers.
– Carter Bankshares Inc ($NASDAQ:CARE)
Carter Bankshares Inc. is a financial services company that provides a wide range of banking and financial services to its customers. As of 2023, the company has a market cap of 293.37M, which makes it one of the leading banks and financial services providers in the United States. Carter Bankshares Inc. offers a broad range of banking services such as retail banking, commercial banking, wealth management, and investment products to its customers. The company’s services are accessible through its various branches and through its online banking platform. The company also offers mobile banking and an extensive ATM network for its customers. Carter Bankshares Inc.’s focus on delivering quality customer service and its strong financial performance have ensured that it remains one of the top banks in the country.
– PCB Bancorp ($NASDAQ:PCB)
PCB Bancorp is a bank holding company that operates several community banks throughout the United States. Founded in 1994, PCB Bancorp has grown to become one of the largest banking companies in the nation. As of 2023, its market cap is $226.15 million. PCB Bancorp provides commercial banking services to individuals, small businesses, and government entities. Its services include savings accounts, checking accounts, online banking, mortgage loans, credit cards, investment services, and more. The company has a strong focus on providing exceptional customer service and building close relationships with its customers.
Summary
Carver Bancorp, Inc. recently saw a surge in its stock price due to Dream Chasers increasing its offer to $3.25 per share. Analysts are optimistic about the future of Carver Bancorp, citing the company’s continued growth in profitability and strong performance in the current financial environment. Furthermore, with Dream Chasers’ investment, Carver Bancorp is likely to benefit from additional financial resources and access to capital, potentially enabling further expansion and development. Given the current market conditions and Carver Bancorp’s track record of success, investors should consider this stock as a viable option for investing.
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