Carolina Trust BancShares Inc (CART) Files 10-K for the Fiscal Year Ended on December 31, 2017

Carolina Trust BancShares Inc (CART, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Carolina Trust BancShares Inc is a bank holding company. The Company provides banking needs of individuals and businesses in Lincoln, Gaston, Rutherford, and Catawba Counties and surrounding areas. Carolina Trust BancShares Inc has a market cap of $43.270 million; its shares were traded at around $9.29 with a P/E ratio of 84.45 and P/S ratio of 2.96.

For the last quarter Carolina Trust BancShares Inc reported a revenue of $4.14 million, compared with the revenue of $3.59 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $15.3 million, an increase of 5.3% from last year. For the last five years Carolina Trust BancShares Inc had an average revenue growth rate of 6.3% a year.

The reported diluted earnings per share was 12 cents for the year, a decline of 50% from the previous year. The Carolina Trust BancShares Inc had a decent operating margin of 13.02%, compared with the operating margin of 15.21% a year before. The 10-year historical median operating margin of Carolina Trust BancShares Inc is 1.95%. The profitability rank of the company is 4 (out of 10).

At the current stock price of $9.29, Carolina Trust BancShares Inc is traded at 47.5% premium to its historical median P/S valuation band of $6.30. The P/S ratio of the stock is 2.96, while the historical median P/S ratio is 2.01. The stock gained 15.79% during the past 12 months.

For the complete 20-year historical financial data of CART, click here.