Carolina Financial Corporation (CARO) News

Carolina Financial Corporation (CARO): $32.88

0.95 (-2.81%)

POWR Rating

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NR

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Quality

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Industry: Southeast Regional Banks

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Latest CARO News From Around the Web

Below are the latest news stories about Carolina Financial Corp that investors may wish to consider to help them evaluate CARO as an investment opportunity.

United Bankshares, Inc. Completes Its Acquisition of Carolina Financial Corporation

WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. (“United”) (NASDAQ: UBSI), the parent company of United Bank (“United Bank”), announced the completion of its acquisition of Carolina Financial Corporation (“Carolina Financial”) (NASDAQ: CARO), the parent company of CresCom Bank (“CresCom”) with $4.8 billion in assets, headquartered in Charleston, South Carolina. United now has $25 billion in assets, with 230 offices in West Virginia, Virginia, Ohio, Pennsylvania, Marylan

Business Wire | May 1, 2020

Why Carolina Financial (CARO) Might Surprise This Earnings Season

Carolina Financial (CARO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research | April 21, 2020

Carolina Financial (CARO) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Carolina Financial (CARO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research | April 15, 2020

Carolina Financial EPS beats by $0.08, beats on revenue

Carolina Financial (NASDAQ:CARO): Q4 Non-GAAP EPS of $0.81 beats by $0.08; GAAP EPS of $0.74 beats by $0.01. Revenue of $48.6M (+12.0% Y/Y) beats by $2.09M

Seeking Alpha | January 31, 2020

CAROLINA FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Carolina Financial Corporation - CARO

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Carolina Financial Corporation (NasdaqGS: CARO) to United Bankshares, Inc. (NasdaqGS: UBSI). Under the terms of the proposed transaction, shareholders of Carolina will receive only 1.13 shares of United for each share of Carolina that they own. KSF is seeking to determine whether this consideration and the pro

Business Wire | November 22, 2019

CAROLINA FINANCIAL ALERT: Bragar Eagel & Squire, P.C. Investigates Proposed Sale of CARO and Encourages Investors to Contact the Firm

NEW YORK , Nov. 19, 2019 /PRNewswire/ -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder law firm, has launched an investigation into whether the board members of Carolina Financial Corporation (NASDAQ: CARO ) breached their fiduciary duties or violated the federal securities laws in connection with the company's proposed sale to United Bankshares, Inc. Click here to learn more and participate in the action. On November 18, 2019 , Carolina Financial announced that it had signed an agreement to be acquired by United Bankshares for … Full story available on Benzinga.com

Benzinga Feeds | November 19, 2019

United Bankshares to Buy Carolina Financial in $1.1 Billion Stock Transaction

United Bankshares said it would pay 1.13 of its shares for each share of Carolina Financial….CARO

The Street | November 18, 2019

Carolina Financial (CARO) Surpasses Q3 Earnings and Revenue Estimates

Carolina Financial (CARO) delivered earnings and revenue surprises of 13.70% and 4.94%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research | October 24, 2019

Carolina Financial (CARO) Earnings Expected to Grow: Should You Buy?

Carolina Financial (CARO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research | October 17, 2019

Carolina Financial (CARO) Tops Q2 Earnings Estimates

Carolina Financial (CARO) delivered earnings and revenue surprises of 1.39% and -0.28%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research | July 25, 2019


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