Carver Bancorp, Inc. Announces Agreement with Holders of Trust Preferred Securities to Cancel Interest in Exchange for Shares of Common Stock [Yahoo! Finance]
Carver Bancorp, Inc. (CARV)
US:NASDAQ Investor Relations:
carverbank.com
Company Research
Source: Yahoo! Finance
NEW YORK March 16, 2026 /PRNewswire/ -- Carver Bancorp, Inc. (the "Company") (OTCQB: CARV), the holding company for Carver Federal Savings Bank (the "Bank"), today announced that it has entered into an agreement with institutional holders of its Trust Preferred Securities (the "TruPS Holders") pursuant to which in excess of $1 million of interest obligations will be forgiven by the TruPS Holders in exchange for granting the TruPS Holders 524,826 shares of common stock (the "Exchange"). (PRNewsfoto/Carver Bancorp, Inc.) (PRNewsfoto/Carver Bancorp, Inc.) Donald Felix, President and CEO of Carver Bancorp, Inc., said, "We have been acting expeditiously and with purpose to solidify Carver's foundation and position the Bank for success. This Exchange is a key part of our efforts to strengthen the Bank's capital position, which is at the core of our turnaround strategy. Removing such a significant debt overhang immediately increases our flexibility to take steps toward growth and profit
Show less
Read more
Impact Snapshot
Event Time:
CARV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CARV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CARV alerts
High impacting Carver Bancorp, Inc. news events
Weekly update
A roundup of the hottest topics
CARV
News
- Dream Chasers Reveals Shocking Details of Secret Carver Board Dilution Deal Code-Named "Project George" [Yahoo! Finance]Yahoo! Finance
- Carver Bancorp agrees to issue shares to trust preferred holders in exchange for interest forgiveness [Seeking Alpha]Seeking Alpha
- Carver Bancorp, Inc. Announces Agreement with Holders of Trust Preferred Securities to Cancel Interest in Exchange for Shares of Common StockPR Newswire
- Carver Bancorp, Inc. Provides Update on Engagement With Dream Chasers Capital GroupPR Newswire
- Carver Bancorp, Inc. Announces Date of Annual Meeting of StockholdersPR Newswire