Inactive Instrument

Carolina Financial Corporation

US1438731077

Carolina Financial Corporation Announces Board Appointments

July 15, 2019 at 09:02 am EDT

Carolina Financial Corporation and Carolina Trust BancShares Inc. jointly announced the signing of a definitive merger agreement. The transaction is expected to close in the first quarter of 2020 and is subject to customary conditions, including regulatory approval and Carolina Trust shareholder approval. Upon completion of the transaction, Mr. Johnathan Rhyne, Carolina Trust's current Chairman of the Board, will be appointed to the Carolina Financial and CresCom Bank boards of directors.

Latest news about Carolina Financial Corporation

Carolina Financial Corporation(NasdaqCM:CARO) dropped from S&P Global BMI Index	20-05-04	CI
Carolina Financial Corporation(NasdaqCM:CARO) dropped from S&P TMI Index	20-05-04	CI
Carolina Financial Corporation(NasdaqCM:CARO) dropped from S&P Regional Banks Select Industry Index	20-05-04	CI
Carolina Financial Corporation Announces Executive Changes	20-05-01	CI
United Bankshares, Inc. completed the acquisition of Carolina Financial Corporation.	20-04-30	CI
Carolina Financial Corporation's Equity Buyback announced on December 3, 2018, has expired.	20-04-30	CI
Transcript : Carolina Financial Corporation - Shareholder/Analyst Call	20-04-02
Tranche Update on Carolina Financial Corporation's Equity Buyback Plan announced on December 3, 2018.	20-03-02	CI
Carolina Financial Corporation Declares Quarterly Cash Dividend, Payable on April 6, 2020	20-01-31	CI
Carolina Financial Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2019	20-01-31	CI
Carolina Financial Corporation Appoints Johnathan L. Rhyne, Jr. as Class III Director	20-01-03	CI
Carolina Financial Corporation completed the acquisition of Carolina Trust BancShares, Inc..	19-12-30	CI
United Bankshares, Inc. entered into a definitive merger agreement to acquire Carolina Financial Corporation for approximately $1 billion.	19-11-17	CI
Carolina Financial Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-11-08	CI
Transcript : Carolina Financial Corporation, Q3 2019 Earnings Call, Oct 25, 2019	19-10-25
Tranche Update on Carolina Financial Corporation's Equity Buyback Plan announced on December 3, 2018.	19-10-24	CI
Carolina Financial Corporation Declares Quarterly Cash Dividend, Payable on January 3, 2020	19-10-24	CI
Transcript : Carolina Financial Corporation, Q2 2019 Earnings Call, Jul 26, 2019	19-07-26
Carolina Financial Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-07-25	CI
Carolina Financial Corporation Declares Quarterly Dividend, Payable on October 4, 2019	19-07-25	CI
Tranche Update on Carolina Financial Corporation's Equity Buyback Plan announced on December 3, 2018.	19-07-25	CI
Transcript : Carolina Financial Corporation, Carolina Trust BancShares, Inc. - M&A Call	19-07-15
Carolina Financial Corporation Announces Board Appointments	19-07-15	CI
Carolina Financial Corporation signed a letter of intent to acquire Carolina Trust BancShares, Inc. for $99.3 million.	19-07-14	CI
Carolina Financial Corporation(NasdaqGM:CARO) dropped from Russell 2000 Growth-Defensive Index	19-06-28	CI

Chart Carolina Financial Corporation

Duration

Period

More charts

Company Profile

Carolina Financial Corporation is a bank holding company. The Company operates through CresCom Bank (the Bank), a state-chartered commercial bank. The Company operates through three segments: community banking, wholesale mortgage banking (mortgage banking) and other. The Company's community banking segment provides traditional banking services offered through CresCom Bank. The Company's mortgage banking segment provides mortgage loan origination and servicing offered through Crescent Mortgage Company (Crescent Mortgage). The other segment provides managerial and operational support to the other business segments through Carolina Services and Carolina Financial. CresCom Bank provides a range of commercial and retail banking financial services to meet the financial needs of its customers through its branch network in South Carolina and North Carolina.

Sector

Banks

More about the company

Sector Other Banks

	1st Jan change	Capi.
JPMORGAN CHASE & CO.	+13.75%	556B
BANK OF AMERICA CORPORATION	+12.36%	298B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+8.64%	247B
WELLS FARGO & COMPANY	+21.72%	210B
BANK OF CHINA LIMITED	+16.11%	170B
CHINA CONSTRUCTION BANK CORPORATION	+6.88%	162B
HSBC HOLDINGS PLC	+4.42%	153B
ROYAL BANK OF CANADA	+0.10%	139B
HDFC BANK LIMITED	-11.67%	138B

Other Banks