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Largest Black-Owned Bank Announces Mixed 2009 Earnings Results
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Business Spotlight
Sunday, 31 May 2009 08:08

NEW YORK, NY (blackchipstocks.com) -- Carver Bancorp, Inc. (Nasdaq:CARV), the holding company for the largest Black-Owned bank in the U.S. Carver Federal Savings Bank, has announced financial results for its fiscal year ("fiscal 2009") and fourth quarter ended March 31, 2009.

The Company reported a net loss of $1.1 million, or a loss per share of ($0.48), for the fourth quarter compared to net income of $0.5 million, or diluted earnings per share of $0.20, for the prior year period.
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