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Carver Reported $2.1 Million Loss in Second Quarter, up from $1.48 Million Loss in Same Quarter 2023 $25m in Losses Over Last Ten Years1 Resulting in ~80% Stock Price Drop2 A $10,000 Investment in 2014 Would be Worth Only Approximately $2,000 today3 Dream Chasers Urges Institutional and Retail Shareholders to Vote for Change: Vote FOR Mr. Jeffrey "Jeff" Anderson and Mr. Jeffrey Bailey for the Board of Directors Using the BLUE Proxy Card and Vote WITHHOLD on Carver's Non-Performing Directors Carver's Board Has Failed to Deliver for a Decade NEW YORK, Nov. 20, 2024 /PRNewswire/ -- Dream Chasers Capital Group LLC ("Dream Chasers") today called for urgent action from CEO Donald Felix and the Boa
Confident Highly Successful, Independent Nominees Will Drive Shareholder Value Increase Dream Chasers Letter Reminds Shareholders of -80% 10-yr Stock Price Loss Under Current Directors Urges a "WITHOLD" Vote Against Carver's Non-Performing Directors Sends Proxy Material and Encourages Vote for Change by Selecting Jeffrey "Jeff" Anderson and Jeffrey John Bailey on the BLUE Proxy Card to Give Carver Best Chance to Return to Profitability Carver Lags Bank Index by 45% in the Last Year and 237% Over Last Ten Years; Only One Profitable Fiscal Year in Last Decade NEW YORK, Nov. 11, 2024 /PRNewswire/ -- Dream Chasers Capital Group LLC ("Dream Chasers"), representing shareholders with a 9.7% stake i
NEW YORK, March 4, 2024 /PRNewswire/ -- Carver Federal Savings Bank ("Carver") announces the strategic appointment of Tony Holmes as First Vice President, Retail Banking & Business Development Officer. In this newly created role, Holmes brings over 20 years of experience from leading financial institutions, including JPMorgan Chase, Bank of America, and ESL Federal Credit Union, enhancing Carver's mission to serve and empower its communities. Marc Winkler, Senior Vice President, and Chief Administrative Officer, said, "Tony's track record in the financial sector and his deep c
Gainers Root (NASDAQ:ROOT) shares increased by 26.1% to $10.93 during Thursday's pre-market session. The company's market cap stands at $159.5 million. The company's, Q4 earnings came out yesterday. Remitly Global (NASDAQ:RELY) shares increased by 24.36% to $22.0. The market value of their outstanding shares is at $4.0 billion. As per the press release, Q4 earnings came out yesterday. Lion Group Holding (NASDAQ:LGHL) shares increased by 19.65% to $1.4. The company's market cap stands at $5.2 million. B. Riley Financial (NASDAQ:RILY) shares increased by 15.13% to $17.5. The market value of their outstanding shares is at $535.2 million. B. Riley Financial, Inc. - 5.25% Senior Notes due 20
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NEW YORK, March 4, 2024 /PRNewswire/ -- Carver Federal Savings Bank ("Carver") announces the strategic appointment of Tony Holmes as First Vice President, Retail Banking & Business Development Officer. In this newly created role, Holmes brings over 20 years of experience from leading financial institutions, including JPMorgan Chase, Bank of America, and ESL Federal Credit Union, enhancing Carver's mission to serve and empower its communities. Marc Winkler, Senior Vice President, and Chief Administrative Officer, said, "Tony's track record in the financial sector and his deep c
NEW YORK, Aug. 14, 2023 /PRNewswire/ -- Carver Bancorp, Inc. (NASDAQ:CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank") announced today that its board of directors unanimously appointed Craig C. MacKay as interim President & CEO, effective October 1, 2023. His appointment will facilitate a smooth leadership transition until a permanent President & CEO is named after a national search is conducted. Carver previously announced that its current President & CEO, Michael T. Pugh, will depart on September 30, 2023, to become the CEO of the Local Initiatives Support Coalition ("LISC"), a national nonprofit organization.
Carver CEO to helm community development nonprofit with $30 billion in local investmentsWill begin in role on October 2, 2023 NEW YORK, Aug. 10, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Michael T. Pugh, president and CEO of Carver Bancorp (NASDAQ:CARV), as its new chief executive officer. Pugh has more than 30 years of experience in banking, with a particular focus on expanding access to capital for underserved families, businesses, and communities. He spent more than a decade at Harlem-based Carver leading the nation's largest publicly traded African American-operated bank, with more than $720 million in assets. As LISC CEO, he will oversee a national