Carver Bancorp, Inc.(CARV)Earnings, Financials & Key Ratios

CARV•NASDAQ•Banking & Credit

$1.65

$9M mkt cap·Price updated May 6, 2026

SectorFinancial Services IndustryRegional Banks Sub-IndustryCommercial real estate and multifamily lenders

AboutCarver 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.Show more

Net Interest Income$19M-15.1%
Total Revenue$37M-8.3%
Net Income-$14M-361.7%
Return on Equity-38.24%-462.2%
Net Interest Margin2.62%-12.0%
Efficiency Ratio93.1%+17.9%
ROA-1.85%-359.6%
Equity / Assets4.05%-27.5%
Book Value per Share5.71-34.6%
Tangible BV/Share5.71-34.6%
Debt/Equity0.98-27.1%

Technical→

CARV Key Insights

Carver Bancorp, Inc. (CARV) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Trading at only 0.3x book value

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗High cost structure: 93.1% efficiency ratio
✗Thin capital base
✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

CARV Price & Volume

Carver Bancorp, Inc. (CARV) stock price & volume — 10-year historical chart

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CARV Growth Metrics

Carver Bancorp, Inc. (CARV) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years2.97%

5 Years8.06%

3 Years7.33%

TTM-

Profit CAGR

10 Years-

5 Years-

3 Years-

TTM-203.31%

EPS CAGR

10 Years-

5 Years-

3 Years-

TTM-196.79%

Return on Capital

10 Years-3.73%

5 Years-5.26%

3 Years-7.28%

Last Year-15.45%

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Return on Equity (ROE)	Debt / Equity
MGYRMagyar Bancorp, Inc.Direct Competitor	112.72M	17.40	11.15	12.08%	9.18%	0.41
BYFCBroadway Financial CorporationDirect Competitor	86.03M	9.25	-2.86	-3.76%	-9.05%	0.58
CZWICitizens Community Bancorp, Inc.Direct Competitor	202.59M	21.04	14.41	-9.41%	7.81%	0.28
NECBNortheast Community Bancorp, Inc.Product Competitor	337.14M	24.37	7.50	-1.55%	13.07%	0.21
HFBLHome Federal Bancorp, Inc. of LouisianaProduct Competitor	61.37M	19.96	15.84	-2.88%	9.28%	0.07
CHMGChemung Financial CorporationProduct Competitor	322.44M	67.05	21.42	-6.46%	6.27%	0.02
NTRSNorthern Trust CorporationSupply Chain	30.26B	163.28	18.68	-9.93%	13.45%	1.27
TBBKThe Bancorp, Inc.Supply Chain	2.55B	60.49	12.29	-2.77%	28.91%	0.61

Compare CARV vs Peers

Carver Bancorp, Inc. (CARV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MGYR

Most directly comparable listed peer for CARV.

Scale Benchmark

vs NTRS

Larger-name benchmark to compare CARV against a more recognizable public peer.

Peer Set

Compare Top 5

vs MGYR, BYFC, CZWI, NECB

CARV Income Statement

Carver Bancorp, Inc. (CARV) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Net Interest Income	21.21M	19.08M	17.09M	16M	15.89M	20.47M	22.79M	22.56M	19.15M	13.29M
NII Growth %	-3.42%	-10.04%	-10.43%	-6.4%	-0.68%	28.82%	11.35%	-1%	-15.11%	-167.58%
Net Interest Margin %	3.08%	2.75%	3.03%	2.76%	2.35%	2.78%	3.15%	2.98%	2.62%	1.9%
Interest Income	26.13M	24.36M	23.23M	21.63M	20.31M	22.86M	27.7M	34.02M	34.28M	24.45M
Interest Expense	4.92M	5.28M	6.14M	5.63M	4.42M	2.4M	4.91M	11.46M	15.13M	11.16M
Loan Loss Provision	29K	135K	-270K	19K	-100K	603K	100K	83K	1.19M	444K
Non-Interest Income	4.55M	4.74M	4.03M	3.74M	6.2M	7.35M	3.6M	6.72M	3.09M	9.14M
Non-Interest Income %	14.83%	16.3%	14.79%	14.74%	23.38%	24.34%	11.49%	16.5%	8.26%	27.2%
Total Revenue	30.68M▲ 0%	29.1M▼ 5.1%	27.26M▼ 6.3%	25.37M▼ 7.0%	26.5M▲ 4.5%	30.22M▲ 14.0%	31.3M▲ 3.6%	40.74M▲ 30.2%	37.37M▼ 8.3%	33.59M▲ 0%
Revenue Growth %	-2.17%	-5.12%	-6.32%	-6.96%	4.49%	14.01%	3.56%	30.19%	-8.28%	-86.12%
Non-Interest Expense	28.46M	18.37M	27.33M	25.14M	26.08M	28.06M	30.68M	32.18M	34.79M	32.98M
Efficiency Ratio	92.79%	63.11%	100.24%	99.11%	98.4%	92.87%	98.05%	78.98%	93.1%	98.18%
Operating Income	-2.73M▲ 0%	5.32M▲ 294.6%	-5.94M▼ 211.6%	-5.42M▲ 8.6%	-3.9M▲ 28.2%	-847K▲ 78.3%	-4.4M▼ 419.6%	-2.98M▲ 32.4%	-13.74M▼ 361.7%	-10.99M▲ 0%
Operating Margin %	-8.91%	18.28%	-21.77%	-21.38%	-14.7%	-2.8%	-14.06%	-7.31%	-36.78%	-32.72%
Operating Income Growth %	-66.81%	294.62%	-211.56%	8.64%	28.16%	78.26%	-419.6%	32.36%	-361.67%	-
Pretax Income	-2.73M▲ 0%	5.32M▲ 294.6%	-5.94M▼ 211.6%	-5.42M▲ 8.6%	-3.9M▲ 28.2%	-847K▲ 78.3%	-4.4M▼ 419.6%	-2.98M▲ 32.4%	-13.74M▼ 361.7%	-13.03M▲ 0%
Pretax Margin %	-8.91%	18.28%	-21.77%	-21.38%	-14.7%	-2.8%	-14.06%	-7.31%	-36.78%	-38.78%
Income Tax	119K	-33K	0	0	0	0	0	0	0	0
Effective Tax Rate %	-4.35%	-0.62%	0%	0%	0%	0%	0%	0%	0%	0%
Net Income	-2.85M▲ 0%	5.35M▲ 287.7%	-5.94M▼ 210.9%	-5.42M▲ 8.6%	-3.9M▲ 28.2%	-847K▲ 78.3%	-4.4M▼ 419.6%	-2.98M▲ 32.4%	-13.74M▼ 361.7%	-13.03M▲ 0%
Net Margin %	-9.3%	18.4%	-21.77%	-21.38%	-14.7%	-2.8%	-14.06%	-7.31%	-36.78%	-38.78%
Net Income Growth %	-61.46%	287.66%	-210.87%	8.64%	28.16%	78.26%	-419.6%	32.36%	-361.67%	-203.31%
Net Income (Continuing)	-2.85M	5.35M	-5.94M	-5.42M	-3.9M	-847K	-4.4M	-2.98M	-13.74M	-13.03M
EPS (Diluted)	-0.77▲ 0%	0.58▲ 175.3%	-1.60▼ 375.9%	-1.47▲ 8.1%	-1.14▲ 22.4%	-0.24▲ 78.9%	-1.03▼ 329.2%	-0.61▲ 40.8%	-2.65▼ 334.4%	-2.47▲ 0%
EPS Growth %	-60.42%	175.32%	-375.86%	8.13%	22.45%	78.95%	-329.17%	40.78%	-334.43%	-196.79%
EPS (Basic)	-0.77	0.58	-1.60	-1.47	-1.14	-0.24	-1.03	-0.61	-2.65	-
Diluted Shares Outstanding	3.7M	3.7M	3.7M	3.7M	3.42M	3.59M	4.28M	4.85M	5.18M	5.28M

CARV Balance Sheet

Carver Bancorp, Inc. (CARV) balance sheet — assets, liabilities & shareholders' equity

Line item	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Cash & Short Term Investments	117.7M	195.27M	111.07M	113.37M	162.1M	128.61M	96.39M	107.06M	93.99M	254.54M
Cash & Due from Banks	58.69M	134.56M	31.23M	47.54M	75.59M	61.02M	42.55M	59.02M	50.31M	0
Short Term Investments	59.01M	60.71M	79.84M	65.83M	86.51M	67.6M	53.84M	48.03M	43.68M	0
Total Investments	613.88M	545.41M	515.16M	499.77M	572.72M	646.73M	648.83M	667.04M	653.62M	0
Investments Growth %	-6.61%	-11.15%	-5.55%	-2.99%	14.6%	12.92%	0.32%	2.81%	-2.01%	-108.66%
Long-Term Investments	554.87M	484.7M	435.32M	433.94M	486.22M	579.13M	594.99M	619.01M	609.94M	1.84B
Accounts Receivables	1.58M	2.02M	2.02M	2.05M	2.64M	2.41M	1.91M	3.66M	2.82M	0
Goodwill & Intangibles	0	0	0	0	0	0	0	0	0	0
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	5.43M	2.97M	5.06M	22.99M	19.95M	17.41M	15.48M	12.41M	10.26M	8.89M
Other Assets	8.28M	8.95M	10.25M	6.42M	5.84M	7.74M	14.45M	14.65M	12.82M	-8.89M
Total Current Assets	119.28M	197.29M	113.09M	115.42M	164.74M	131.03M	98.31M	110.72M	96.97M	0
Total Non-Current Assets	568.58M	496.62M	450.62M	463.35M	512.01M	604.29M	624.92M	646.08M	633.02M	0
Total Assets	687.86M▲ 0%	693.91M▲ 0.9%	563.71M▼ 18.8%	578.77M▲ 2.7%	676.75M▲ 16.9%	735.31M▲ 8.7%	723.22M▼ 1.6%	756.8M▲ 4.6%	729.99M▼ 3.5%	697.93M▲ 0%
Asset Growth %	-6.93%	0.88%	-18.76%	2.67%	16.93%	8.65%	-1.64%	4.64%	-3.54%	-20.9%
Return on Assets (ROA)	-0.4%	0.77%	-0.94%	-0.95%	-0.62%	-0.12%	-0.6%	-0.4%	-1.85%	-1.87%
Accounts Payable	0	0	0	0	0	0	0	3.3M	0	0
Total Debt	49.4M	38.4M	21.4M	31.73M	53.23M	30.34M	64.26M	57.15M	29.11M	35.08M
Net Debt	-9.28M	-96.16M	-9.82M	-15.81M	-22.37M	-30.68M	21.71M	-1.87M	-21.2M	35.08M
Long-Term Debt	49.4M	38.4M	21.4M	13.57M	37.22M	15.95M	51.09M	46.54M	20.24M	27.53M
Short-Term Debt	0	0	0	0	0	0	0	0	0	1.42M
Other Liabilities	11.88M	16.65M	14.98M	9.34M	14.66M	21.77M	13.31M	10.34M	9.46M	-33.66M
Total Current Liabilities	579.18M	586.88M	480.2M	488.81M	556.56M	628.12M	600.43M	647M	661.84M	0
Total Non-Current Liabilities	61.29M	55.06M	36.38M	41.06M	67.89M	52.11M	77.57M	67.49M	38.58M	0
Total Liabilities	640.46M	641.94M	516.58M	529.88M	624.45M	680.23M	678M	714.49M	700.41M	671M
Total Equity	47.4M▲ 0%	51.97M▲ 9.6%	47.14M▼ 9.3%	48.89M▲ 3.7%	52.3M▲ 7.0%	55.09M▲ 5.3%	45.22M▼ 17.9%	42.31M▼ 6.4%	29.58M▼ 30.1%	26.93M▲ 0%
Equity Growth %	-8.64%	9.65%	-9.3%	3.73%	6.97%	5.33%	-17.9%	-6.45%	-30.09%	-115.44%
Equity / Assets (Capital Ratio)	6.89%	7.49%	8.36%	8.45%	7.73%	7.49%	6.25%	5.59%	4.05%	3.86%
Return on Equity (ROE)	-5.75%	10.78%	-11.98%	-11.29%	-7.7%	-1.58%	-8.77%	-6.8%	-38.24%	-48.38%
Book Value per Share	12.82	14.04	12.74	13.22	15.32	15.35	10.57	8.73	5.71	5.10
Tangible BV per Share	12.82	14.04	12.74	13.22	15.32	15.35	10.57	8.73	5.71	5.10
Common Stock	61K	61K	61K	61K	58K	67K	68K	77K	78K	78K
Additional Paid-in Capital	55.47M	55.48M	55.51M	55.48M	75.2M	82.17M	82.81M	87.66M	87.92M	87.93M
Retained Earnings	-50.9M	-45.54M	-52.2M	-52.28M	-42.66M	-43.5M	-47.9M	-51.55M	-65.29M	-68.9M
Accumulated OCI	-1.94M	-2.73M	-939K	932K	-3.17M	-6.66M	-12.21M	-12.71M	-11.95M	-11.01M
Treasury Stock	-417K	-417K	-417K	-408K	-2.91M	-2.91M	-2.91M	-2.91M	-2.91M	-2.91M
Preferred Stock	45.12M	45.12M	45.12M	45.12M	25.78M	25.93M	25.38M	21.73M	21.73M	21.73M

CARV Cash Flow Statement

Carver Bancorp, Inc. (CARV) cash flow — operating, investing & free cash flow history

Line item	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Cash from Operations	827K	-4.99M	-8.77M	-31K	2.21M	7.15M	-10.51M	-6.57M	-12.61M	-12.61M
Operating CF Growth %	96.9%	-702.78%	-75.83%	99.65%	7235.48%	223.33%	-246.99%	37.5%	-91.89%	-110.4%
Net Income	-2.85M	5.35M	-5.94M	-5.42M	-3.9M	-847K	-4.4M	-2.98M	-13.74M	-13.03M
Depreciation & Amortization	867K	897K	793K	965K	1.02M	1.03M	1.06M	965K	813K	924K
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	478K	-8.76M	9K	1.24M	-142K	877K	188K	567K	1.62M	1.67M
Working Capital Changes	2.33M	-2.48M	-3.67M	3.23M	5.2M	5.97M	-7.45M	-5.35M	-1.36M	1.37M
Cash from Investing	41.24M	84.15M	29.12M	15.72M	-76.98M	-79.08M	-15.26M	-20.05M	15.08M	30.99M
Purchase of Investments	-30.76M	-7.79M	-58.13M	0	-74.47M	0	0	-603K	0	0
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	2.98M
Net Investment Activity	-29.76M	-6.79M	-57.13M	1000K	-73.48M	1000K	1000K	397K	1000K	2.98M
Acquisitions	0	0	0	0	0	0	0	0	0	0
Other Investing	44.52M	87.19M	50.26M	1.12M	-54.89M	-96.19M	-25.78M	-24.43M	11.1M	27.25M
Cash from Financing	-46.56M	-3.29M	-123.69M	619K	102.82M	57.35M	7.31M	43.1M	-11.18M	-35.74M
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	0	0	0	-2.5M	0	0	0	0	0
Stock Issued	0	0	0	0	3.2M	3M	0	1M	195K	195K
Net Stock Activity	0	0	0	0	697K	3M	0	1M	195K	195K
Debt Issuance (Net)	-1000K	-1000K	-1000K	-1000K	1000K	-1000K	1000K	-1000K	-1000K	0
Other Financing	-27.57M	7.71M	-106.69M	8.62M	70.24M	71.56M	-27.69M	46.57M	14.84M	-19M
Net Change in Cash	-4.5M▲ 0%	75.87M▲ 1785.3%	-103.33M▼ 236.2%	16.31M▲ 115.8%	28.05M▲ 72.0%	-14.57M▼ 152.0%	-18.47M▼ 26.7%	16.47M▲ 189.2%	-8.71M▼ 152.9%	-13.8M▲ 0%
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	-356K
Cash at Beginning	63.19M	58.69M	134.56M	31.23M	47.54M	75.59M	61.02M	42.55M	59.02M	43.84M
Cash at End	58.69M	134.56M	31.23M	47.54M	75.59M	61.02M	42.55M	59.02M	50.31M	40.75M
Interest Paid	6.86M	4.58M	5.3M	4.87M	3.9M	5.52M	4.62M	10.71M	15.21M	-3.88M
Income Taxes Paid	134K	225K	123K	53K	57K	211K	193K	232K	222K	-91K
Free Cash Flow	565K▲ 0%	-6.59M▼ 1265.8%	-11.64M▼ 76.8%	-1.32M▲ 88.7%	1.96M▲ 248.5%	6.96M▲ 255.8%	-10.74M▼ 254.3%	-6.93M▲ 35.5%	-12.94M▼ 86.7%	-9.12M▲ 0%
FCF Growth %	466.88%	-1265.84%	-76.79%	88.69%	248.52%	255.83%	-254.28%	35.45%	-86.7%	-69.28%

CARV Banking Ratios

Carver Bancorp, Inc. (CARV) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	-5.75%	10.78%	-11.98%	-11.29%	-7.7%	-1.58%	-8.77%	-6.8%	-38.24%	-48.38%
Return on Assets (ROA)	-0.4%	0.77%	-0.94%	-0.95%	-0.62%	-0.12%	-0.6%	-0.4%	-1.85%	-1.87%
Net Interest Margin	3.08%	2.75%	3.03%	2.76%	2.35%	2.78%	3.15%	2.98%	2.62%	1.9%
Efficiency Ratio	92.79%	63.11%	100.24%	99.11%	98.4%	92.87%	98.05%	78.98%	93.1%	98.18%
Equity / Assets	6.89%	7.49%	8.36%	8.45%	7.73%	7.49%	6.25%	5.59%	4.05%	3.86%
Book Value / Share	12.82	14.04	12.74	13.22	15.32	15.35	10.57	8.73	5.71	5.1
NII Growth	-3.42%	-10.04%	-10.43%	-6.4%	-0.68%	28.82%	11.35%	-1%	-15.11%	-42.6%
Dividend Payout	-	-	-	-	-	-	-	-	-	0%

CARV Frequently Asked Questions

Carver Bancorp, Inc. (CARV) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Carver Bancorp, Inc. (CARV) saw revenue decline by 8.3% over the past year.

Carver Bancorp, Inc. (CARV) reported a net loss of $13.0M for fiscal year 2025.

Dividend & Returns

Carver Bancorp, Inc. (CARV) has a return on equity (ROE) of -38.2%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Carver Bancorp, Inc. (CARV) has a net interest margin (NIM) of 2.6%. NIM has been under pressure due to interest rate environment.

Carver Bancorp, Inc. (CARV) has an efficiency ratio of 93.1%. This is higher than peers, suggesting room for cost optimization.

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Carver Bancorp, Inc. (CARV) financial analysis — history, returns, DCA and operating performance tools

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Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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30 years of market, efficiency and balance-sheet ratios

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