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Hot Stocks
Carolina Financial says special meeting to now include virtual format » 17:18
03/23/20
03/23
17:18
03/23/20
17:18
CARO

Carolina Financial

$23.18 /

+1 (+4.51%)

Carolina Financial…

Carolina Financial Corporation provided notice that in addition to the physical location of its Special Meeting of Stockholders, relating to its merger with United Bankshares, Inc., Carolina Financial is providing stockholders an alternative to physically attending the Special Meeting. Due to the emerging public health impact of the coronavirus outbreak and out of an abundance of caution to support the health and well-being of Carolina Financial's employees and stockholders, the Special Meeting will now include a virtual meeting format, via live webcast.

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CARO Carolina Financial
$23.18 /

+1 (+4.51%)

03/23/20 DA Davidson
United Bankshares upgraded to Buy from Neutral at DA Davidson
03/23/20 DA Davidson
Carolina Financial upgraded to Buy from Neutral at DA Davidson
03/23/20 DA Davidson
Carolina Financial upgraded to Buy from Neutral at DA Davidson
12/20/19 Raymond James
Carolina Financial downgraded to Market Perform on takeover at Raymond James
Upgrade
United Bankshares upgraded to Buy from Neutral at DA Davidson » 08:23
03/23/20
03/23
08:23
03/23/20
08:23
UBSI

United Bankshares

$20.67 /

-2.95 (-12.49%)

, CARO

Carolina Financial

$22.18 /

-3.05 (-12.09%)

DA Davidson analyst…

DA Davidson analyst Russell Gunther upgraded United Bankshares (UBSI) to Buy from Neutral with an unchanged $28 price target. The analyst believes that the company's earnings profile is "more defendable" in the current challenging environment with the upcoming support from mortgage-revenue heavy acquisition of Carolina Financial (CARO) coming in the 2nd half of the year. Gunther adds that he was previously cautious on the name, but the stock's absolute and relative underperformance now provides an attractive entry point.

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UBSI United Bankshares
$20.67 /

-2.95 (-12.49%)

03/23/20 DA Davidson
Carolina Financial upgraded to Buy from Neutral at DA Davidson
03/23/20 DA Davidson
United Bankshares upgraded to Buy from Neutral at DA Davidson
01/06/20 Stephens
United Bankshares resumed with an Equal Weight at Stephens
12/20/19 Raymond James
Carolina Financial downgraded to Market Perform on takeover at Raymond James
CARO Carolina Financial
$22.18 /

-3.05 (-12.09%)

03/23/20 DA Davidson
Carolina Financial upgraded to Buy from Neutral at DA Davidson
12/20/19 Raymond James
Carolina Financial downgraded to Market Perform from Strong Buy at Raymond James
Upgrade
Carolina Financial upgraded to Buy from Neutral at DA Davidson » 08:15
03/23/20
03/23
08:15
03/23/20
08:15
CARO

Carolina Financial

$22.18 /

-3.05 (-12.09%)

, UBSI

United Bankshares

$20.67 /

-2.95 (-12.49%)

DA Davidson analyst Kevin…

DA Davidson analyst Kevin Fitzsimmons upgraded Carolina Financial (CARO) to Buy from Neutral with an unchanged $31.65 price target. The analyst says his upgrade intends to align his rating with that of the company's pending acquirer United Bankshares (UBSI).

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CARO Carolina Financial
$22.18 /

-3.05 (-12.09%)

03/23/20 DA Davidson
Carolina Financial upgraded to Buy from Neutral at DA Davidson
12/20/19 Raymond James
Carolina Financial downgraded to Market Perform on takeover at Raymond James
12/20/19 Raymond James
Carolina Financial downgraded to Market Perform from Strong Buy at Raymond James
11/19/19 DA Davidson
Carolina Financial downgraded to Neutral from Buy at DA Davidson
UBSI United Bankshares
$20.67 /

-2.95 (-12.49%)

03/23/20 DA Davidson
United Bankshares upgraded to Buy from Neutral at DA Davidson
01/06/20 Stephens
United Bankshares resumed with an Equal Weight at Stephens
Upgrade
Carolina Financial upgraded to Buy from Neutral at DA Davidson » 06:47
03/23/20
03/23
06:47
03/23/20
06:47
CARO

Carolina Financial

$22.18 /

-3.05 (-12.09%)

DA Davidson analyst Kevin…

DA Davidson analyst Kevin Fitzsimmons upgraded Carolina Financial to Buy from Neutral.

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CARO Carolina Financial
$22.18 /

-3.05 (-12.09%)

12/20/19 Raymond James
Carolina Financial downgraded to Market Perform on takeover at Raymond James
12/20/19 Raymond James
Carolina Financial downgraded to Market Perform from Strong Buy at Raymond James
11/19/19 DA Davidson
Carolina Financial downgraded to Neutral from Buy at DA Davidson
10/09/19 DA Davidson
Carolina Financial initiated with a Buy rating at DA Davidson
Over a quarter ago
Earnings
Carolina Financial reports Q4 oerating EPS 81c, consensus 73c » 16:11
01/31/20
01/31
16:11
01/31/20
16:11
CARO

Carolina Financial

$38.35 /

-0.05 (-0.13%)

Total deposits increased…

Total deposits increased $690.2 million since December 31, 2018. Excluding the impact of deposits acquired from Carolina Trust, deposits increased $150.0 million since December 31, 2018.

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CARO Carolina Financial
$38.35 /

-0.05 (-0.13%)

12/20/19 Raymond James
Carolina Financial downgraded to Market Perform on takeover at Raymond James
12/20/19 Raymond James
Carolina Financial downgraded to Market Perform from Strong Buy at Raymond James
11/19/19 DA Davidson
Carolina Financial downgraded to Neutral from Buy at DA Davidson
10/09/19 DA Davidson
Carolina Financial initiated with a Buy rating at DA Davidson
Hot Stocks
Carolina Financial completes merger with Carolina Trust BancShares » 08:06
01/02/20
01/02
08:06
01/02/20
08:06
CARO

Carolina Financial

$43.25 /

-0.12 (-0.28%)

, CART

Carolina Trust BancShares

$12.93 /

+0.18 (+1.41%)

Carolina Financial…

Carolina Financial Corporation (CARO) announced that its previously announced merger with Carolina Trust BancShares, Inc. (CART) was completed on December 31, 2019. Under the terms of the merger agreement, Carolina Trust shareholders will have the right to receive $10.57 for each share of Carolina Trust common stock, payable, at their election and subject to certain limitations, in cash or in shares of Carolina Financial common stock based upon a fixed exchange ratio of 0.3000. Per the agreement, 10% of the consideration will be paid in cash and the balance will be in newly issued shares of Carolina Financial common stock. As part of the merger agreement, Carolina Trust's bank subsidiary, Carolina Trust Bank, a North Carolina bank, has merged with CresCom Bank, a South Carolina bank and the wholly-owned banking subsidiary of Carolina Financial. Carolina Financial plans to complete systems integration in May 2020.

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CARO Carolina Financial
$43.25 /

-0.12 (-0.28%)

12/20/19 Raymond James
Carolina Financial downgraded to Market Perform on takeover at Raymond James
12/20/19 Raymond James
Carolina Financial downgraded to Market Perform from Strong Buy at Raymond James
11/19/19 DA Davidson
Carolina Financial downgraded to Neutral from Buy at DA Davidson
10/09/19 DA Davidson
Carolina Financial initiated with a Buy rating at DA Davidson
CART Carolina Trust BancShares
$12.93 /

+0.18 (+1.41%)

Downgrade
Carolina Financial downgraded to Market Perform on takeover at Raymond James » 07:47
12/20/19
12/20
07:47
12/20/19
07:47
CARO

Carolina Financial

$43.72 /

+0.52 (+1.20%)

, UBSI

United Bankshares

$38.91 /

+0.08 (+0.21%)

As previously reported,…

As previously reported, Raymond James analyst William Wallace downgraded Carolina Financial (CARO) to Market Perform from Strong Buy citing the company's agreement to be acquired by United Bankshares (UBSI). He was previously restricted from publishing on Carolina Financial shares.

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CARO Carolina Financial
$43.72 /

+0.52 (+1.20%)

12/20/19 Raymond James
Carolina Financial downgraded to Market Perform from Strong Buy at Raymond James
11/19/19 DA Davidson
Carolina Financial downgraded to Neutral from Buy at DA Davidson
10/09/19 DA Davidson
Carolina Financial initiated with a Buy rating at DA Davidson
08/29/19 Raymond James
Carolina Financial upgraded to Strong Buy, shares attrative, says Raymond James
UBSI United Bankshares
$38.91 /

+0.08 (+0.21%)

Downgrade
Carolina Financial downgraded to Market Perform from Strong Buy at Raymond James » 07:07
12/20/19
12/20
07:07
12/20/19
07:07
CARO

Carolina Financial

$43.72 /

+0.52 (+1.20%)

Raymond James analyst…

Raymond James analyst William Wallace downgraded Carolina Financial to Market Perform from Strong Buy.

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CARO Carolina Financial
$43.72 /

+0.52 (+1.20%)

11/19/19 DA Davidson
Carolina Financial downgraded to Neutral from Buy at DA Davidson
10/09/19 DA Davidson
Carolina Financial initiated with a Buy rating at DA Davidson
08/29/19 Raymond James
Carolina Financial upgraded to Strong Buy, shares attrative, says Raymond James
08/29/19 Raymond James
Carolina Financial upgraded to Strong Buy from Outperform at Raymond James
Hot Stocks
Carolina Trust receives shareholder approval for Carolina Financial merger » 16:25
12/18/19
12/18
16:25
12/18/19
16:25
CARO

Carolina Financial

$43.20 /

-0.01 (-0.02%)

, CART

Carolina Trust BancShares

$12.84 /

+0.04 (+0.31%)

Carolina Trust BancShares…

Carolina Trust BancShares (CART) announced the receipt of required shareholder approval to consummate its previously announced merger with Carolina Financial Corporation, Charleston, South Carolina (CARO). At a shareholders' meeting held on December 18, 2019, Carolina Trust's shareholders approved the merger agreement and the merger of Carolina Trust with and into Carolina Financial. With respect to the merger proposal, 99% of the shares voted at the meeting were cast in favor of the proposal to approve the merger agreement with Carolina Financial. The merger, which has received all required regulatory approvals, is expected to close on December 31, 2019, subject to satisfaction of other customary closing conditions.

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CARO Carolina Financial
$43.20 /

-0.01 (-0.02%)

11/19/19 DA Davidson
Carolina Financial downgraded to Neutral from Buy at DA Davidson
10/09/19 DA Davidson
Carolina Financial initiated with a Buy rating at DA Davidson
08/29/19 Raymond James
Carolina Financial upgraded to Strong Buy, shares attrative, says Raymond James
08/29/19 Raymond James
Carolina Financial upgraded to Strong Buy from Outperform at Raymond James
CART Carolina Trust BancShares
$12.84 /

+0.04 (+0.31%)

Downgrade
Carolina Financial downgraded to Neutral from Buy at DA Davidson » 08:07
11/19/19
11/19
08:07
11/19/19
08:07
CARO

Carolina Financial

$42.04 /

+3.39 (+8.77%)

, UBSI

United Bankshares

$38.00 /

-1.49 (-3.77%)

DA Davidson analyst Kevin…

DA Davidson analyst Kevin Fitzsimmons downgraded Carolina Financial (CARO) to Neutral from Buy with a price target of $44.65, up from $42.50, following its announced sale to United Bankshares (UBSI) at that implied deal price.

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CARO Carolina Financial
$42.04 /

+3.39 (+8.77%)

10/09/19 DA Davidson
Carolina Financial initiated with a Buy rating at DA Davidson
08/29/19 Raymond James
Carolina Financial upgraded to Strong Buy, shares attrative, says Raymond James
08/29/19 Raymond James
Carolina Financial upgraded to Strong Buy from Outperform at Raymond James
04/26/19 Sandler O'Neill
Carolina Financial downgraded to Hold following run-up at Sandler O'Neill
UBSI United Bankshares
$38.00 /

-1.49 (-3.77%)

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