Carolina Financial Corp (CARO, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Carolina Financial Corp offers loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, residential mortgage loans, residential lot loans, and home equity loans. Carolina Financial Corp has a market cap of $876.530 million; its shares were traded at around $41.62 with a P/E ratio of 23.76 and P/S ratio of 6.17. The dividend yield of Carolina Financial Corp stocks is 0.43%.
For the last quarter Carolina Financial Corp reported a revenue of $37.5 million, compared with the revenue of $21.57 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $115.8 million, an increase of 42.1% from last year.
The reported diluted earnings per share was $1.73 for the year, an increase of 21.8% from previous year. The Carolina Financial Corp enjoyed an operating margin of 37.86%, compared with the operating margin of 31.2% a year before. The 10-year historical median operating margin of Carolina Financial Corp is 30.80%. The profitability rank of the company is 4 (out of 10).
At the end of the fiscal year, Carolina Financial Corp has the cash and cash equivalents of $76.6 million, compared with $24.4 million in the previous year. The long term debt was $74.8 million, compared with $38.5 million in the previous year. The interest coverage to the debt is 3.3. Carolina Financial Corp has a financial strength rank of 4 (out of 10).
At the current stock price of $41.62, Carolina Financial Corp is traded at 163.4% premium to its historical median P/S valuation band of $15.80. The P/S ratio of the stock is 6.17, while the historical median P/S ratio is 2.36. The stock gained 37.96% during the past 12 months.
For the complete 20-year historical financial data of CARO, click here.
