Carolina Financial (CARO) Misses Q4 EPS by 1c
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Carolina Financial Corporation Reports Results for Fourth Quarter of 2016
January 18, 2017 4:05 PM ESTCHARLESTON, S.C., Jan. 18, 2017 /PRNewswire/ --Â Carolina Financial Corporation (NASDAQ: CARO) today announced financial results for the fourth quarter of 2016. Highlights at and for the three months ended December 31, 2016, include:
Net income for the fourth quarter 2016 increased 42.7% to $5.2 million, or $0.41 per diluted share from $3.6 million, or $0.36 per diluted share for the fourth quarter of 2015. Operating earnings for the fourth quarter of 2016, which excludes certain non-operating income and expenses, increased 63.9% to $5.8 million, or $0.46 per diluted share, from $3.5 million, or $0.35 per diluted share, from the fourth quarter of 2015. Non-operating income and... More