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Carolina Financial Corp (CARO)

Carolina Financial Corp (CARO)
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Carolina Financial Corporation is the holding company of CresCom Bank. It operates through three reportable segments: Community Banking, Wholesale Mortgage Banking, and other. Its deposit products include checking accounts, commercial accounts, savings accounts, retirement accounts, and other time deposits. The company's loan portfolio comprises loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, residential mortgage loans, residential lot loans, home equity loans, and consumer loans. The company also offers mortgage banking services comprising correspondent lending and loan servicing; and cash management services. Carolina Financial Corporation is based in Charleston, South Carolina.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Sales 224,230 200,950 129,000 90,210 77,280
Sales Growth +11.59% +55.78% +43.00% +16.73% +31.43%
Net Income 62,740 49,670 28,570 17,570 14,420
Net Income Growth +26.31% +73.85% +62.61% +21.84% +73.53%
(Values in U.S. Thousands) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Total Assets 4,708,870 3,790,750 3,519,020 1,683,740 1,409,670
Total Assets Growth +24.22% +7.72% +109.00% +19.44% +17.57%
Total Liabilities 3,965,430 3,215,460 3,043,640 1,520,550 1,269,810
Total Liabilities Growth +23.32% +5.65% +100.17% +19.75% +14.88%
(Values in U.S. Thousands) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Operating Cash Flow 57,780 69,410 -8,680 28,760 11,100
Operating Cash Flow Growth -16.76% +899.65% -130.18% +159.10% +2.97%
Net Cash Flow 71,070 -19,120 56,900 -2,280 5,480
Change in Net Cash Flow +471.71% -133.60% +2,595.62% -141.61% +131.28%
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