CAROLINA FINANCIAL CORP
Financials · State Commercial Banks · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $14.5M | $4.1M | $28.6M | $17.6M | $14.4M | $8.3M |
| Total assets | $4.71B | $3.79B | $3.52B | $1.68B | $1.20B | $1.20B |
| Total liabilities | $3.97B | $3.22B | $3.04B | $1.52B | $1.27B | $1.11B |
| Equity | $743.4M | $575.3M | $475.4M | $163.2M | $139.9M | $93.7M |
| EPS (diluted) | $0.65 | $0.19 | $1.73 | $1.42 | $1.48 | $0.87 |
| Shares out. | 22.3M | 21.1M | 14.4M | 12.0M | 8.1M | 9.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- —
- Net margin
- —
- Return on equity
- 2.0%
- Return on assets
- 0.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 84.2%
- Debt / equity
- 5.33×
- Book value / share
- $33.33
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 258.6%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2019- Accruals / assets
- −0.9%clean
- Piotroski F-Score
- 5/6mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 2 good- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsMay 1, 2020
- Shareholder voteApr 3, 2020
- Other material eventMar 23, 2020
- Other material eventFeb 7, 2020
- Results of operations · Other material eventJan 31, 2020
- Completed an acquisition or disposition · Director / officer changeJan 3, 2020
- Other material eventJan 2, 2020
- Entered a material agreement · Other material eventNov 18, 2019
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/AJANUS HENDERSON GROUP PLC OWNS 0.0%Feb 11, 2021
- 15-12BMay 11, 2020
- EFFECTMay 6, 2020
- EFFECTMay 6, 2020
- EFFECTMay 6, 2020
- EFFECTMay 6, 2020
- EFFECTMay 6, 2020
- 4PRIMARY DOCUMENTMay 5, 2020
- 4PRIMARY DOCUMENTMay 5, 2020
- 4PRIMARY DOCUMENTMay 5, 2020
- 4PRIMARY DOCUMENTMay 5, 2020
- 4PRIMARY DOCUMENTMay 5, 2020
- POSASRMay 4, 2020
- POS AMMay 4, 2020
- POS AMMay 4, 2020
Event-driven situations (1)
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