Carver Bancorp (Carver Bancorp) Debt-to-Equity

: 1.35 (As of Dec. 2023)

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Carver Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Carver Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $57.82 Mil. Carver Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $42.73 Mil. Carver Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 1.35.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Carver Bancorp's Debt-to-Equity or its related term are showing as below:

CARV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 1.02 Max: 1.61
Current: 1.35

During the past 13 years, the highest Debt-to-Equity Ratio of Carver Bancorp was 1.61. The lowest was 0.27. And the median was 1.02.

CARV's Debt-to-Equity is ranked worse than
73.25% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs CARV: 1.35

Carver Bancorp Debt-to-Equity Historical Data

The historical data trend for Carver Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Carver Bancorp Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.45

0.65

1.02

0.55

1.42

Carver Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.99	1.42	1.50	1.47	1.35

Competitive Comparison

For the Banks - Regional subindustry, Carver Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Carver Bancorp Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, Carver Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Carver Bancorp's Debt-to-Equity falls into.

Carver Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Carver Bancorp's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	64.263)	/	45.224
	=	1.42

Carver Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	57.821)	/	42.726
	=	1.35

Carver Bancorp (NAS:CARV) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Carver Bancorp Debt-to-Equity Related Terms

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Carver Bancorp (Carver Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Carver Bancorp Inc (NAS:CARV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

39CN:Germany

Address

75 West 125th Street, New York, NY, USA, 10027

Website

https://www.carverbank.com

Carver Bancorp Inc is a holding company and conducts its business as a unitary saving and loan holding firm and the business of the company consists of the operation of its subsidiary. The bank offers a wide range of financial solutions to meet customers' banking. It offers other consumer and commercial banking products and services, such as debit cards, online banking, online bill pay, and telephone banking. The company provides deposit products, such as demand, savings, and time deposits for consumers, businesses, and governmental and quasi-governmental agencies in its market area within New York City.

Executives

Isaac Torres	officer: SVP and GC	75 WEST 125TH STREET, NEW YORK NY 10027
Craig C Mackay	director	75 WEST 125TH STREET, NEW YORK NY 10027
Robin L Nunn	director	75 WEST 125TH STREET, NEW YORK NY 10027
Christina L Maier	officer: CFO	C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
Sophia Haliotis	officer: SVP and CCO	75 WEST 125TH STREET, NEW YORK NY 10027
Michael T. Pugh	officer: President & COO	CARVER BANCORP, INC., 75 WEST 125TH STREET, NEW YORK NY 10027
Jones Lewis P. Iii	director	75 WEST 125TH STREET, NEW YORK NY 10027
Steven Bussey	director	75 WEST 125TH STREET, NEW YORK NY 10027
Jillian E Joseph	director	75 WEST 125TH STREET, NEW YORK NY 10027
Robert W Mooney	director	75 WEST 125TH STREET, NEW YORK NY 10027
Thomas K Ritter	director	120 CAMBRIDGE AVENUE, LINWOOD NJ 08221
Deborah C Wright	director, officer: President & CEO	CARVER BANCORP, INC, 75 W. 125TH STREET, NEW YORK NY 10027
Ingrid Lamae Dejongh	director	75 W. 125TH STREET, NEW YORK NY 10027
Grannum Colvin	director	75 WEST 125TH STREET, NEW YORK NY 10027
Kenneth Knuckles	director	75 WEST 125TH STREET, NEW YORK NY 10027