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Carolina Trust BancShares Inc (CART) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Carolina Trust BancShares Inc (CART) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Carolina Trust BancShares Inc is a bank holding company. The Company provides banking needs of individuals and businesses in Lincoln, Gaston, Rutherford, and Catawba Counties and surrounding areas. Carolina Trust BancShares Inc has a market cap of $76.010 million; its shares were traded at around $8.19 with a P/E ratio of 17.80 and P/S ratio of 2.76.

For the last quarter Carolina Trust BancShares Inc reported a revenue of $4.60 million, compared with the revenue of $3.79 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $17.7 million, an increase of 18.1% from last year. For the last five years Carolina Trust BancShares Inc had an average revenue growth rate of 8.3% a year.

The reported diluted earnings per share was 46 cents for the year, an increase of 411.1% from previous year. The profitability rank of the company is 4 (out of 10).

At the current stock price of $8.19, Carolina Trust BancShares Inc is traded at 37.4% premium to its historical median P/S valuation band of $5.96. The P/S ratio of the stock is 2.76, while the historical median P/S ratio is 2.02. The stock lost 11.84% during the past 12 months.

CEO Recent Trades:

  • President & CEO Jerry L Ocheltree bought 266 shares of CART stock on 03/26/2019 at the average price of $8.21. The price of the stock has decreased by 0.24% since.

For the complete 20-year historical financial data of CART, click here.

This article first appeared on GuruFocus.