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Stock impact report

Carolina Trust BancShares, Inc. Reports 2nd Quarter 2018 Results

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: GlobeNewswire
$0.08 Net Income Per Diluted Share for the second quarter of 2018 as compared to $0.04 Net Income Per Diluted Share in the second quarter of 2017 LINCOLNTON, N.C., July 26, 2018 (GLOBE NEWSWIRE) -- Carolina Trust BancShares, Inc. (the “Company”) (NASDAQ:CART) reported its financial results today for the most recently completed fiscal quarter.  In the second quarter that ended June 30, 2018 (“2Q18”), the Company’s net income was $510,000 or $0.08 per diluted share as compared to $196,000 or $0.04 per diluted share in the quarter ended June 30, 2017 (“2Q17”), an increase of $314,000 (160%) or $0.04 per diluted share. On June 15, 2018 the Company announced that it had entered into an agreement to acquire Clover Community Bankshares, Inc (“Clover”) and its subsidiary bank, Clover Community Bank (“Clover Bank”).  The pending acquisition requires regulatory and shareholder approvals.  During 2Q18 the Company incurred $323,000 in merger expenses.  If merger expenses were excluded, net in Show less Read more
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