|Bid||0.000 x 1100|
|Ask||0.000 x 800|
|Day's Range||8.35 - 8.50|
|52 Week Range||7.20 - 9.70|
|Beta (3Y Monthly)||0.60|
|PE Ratio (TTM)||18.26|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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$0.13 Net Income Per Diluted Share for the fourth quarter of 2018 as compared to ($0.08) Net Loss Per Diluted Share in the fourth quarter of 2017 Adjusted Net Income Per Diluted.
Lincolnton-based Carolina Trust Bancshares Inc. has completed its roughly $21 million acquisition of Clover Community Bankshares Inc. of Clover, South Carolina.
Carolina Trust BancShares, Inc. (“Carolina Trust”) (CART), the parent company of Carolina Trust Bank, announced today the completion of its previously announced merger with Clover Community Bankshares, Inc. (“Clover”), parent company of Clover Community Bank. Under the terms of the approved merger agreement, each share of Clover common stock and preferred stock was converted into the right to receive, at the election of each Clover shareholder, either 2.7181 shares of Carolina Trust common stock or $22.00 in cash, subject to customary proration procedures that will result in an aggregate 80% stock/20% cash consideration mix.
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Carolina Trust BancShares, Inc. (“Carolina Trust”) (CART), the parent company of Carolina Trust Bank, and Clover Community Bankshares, Inc. (“Clover”), parent company of Clover Community Bank, jointly announced today the receipt of required shareholder approvals to consummate their previously announced merger. At separate shareholders’ meetings held on December 12, 2018, each parent company’s respective shareholders approved the merger agreement and the transactions contemplated thereby, including the merger of Clover with and into Carolina Trust. The merger, which has received all required regulatory approvals, is expected to close on January 1, 2019, subject to satisfaction of other customary closing conditions.
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