Carolina Financial now listed on NASDAQ

  • Friday, July 11, 2014

Carolina Financial Corporation (NASDAQ: CARO), the parent company of CresCom Bank, announced that its public stock has transitioned from the OTCQB marketplace to the NASDAQ Capital Market as of July 1.

As of June 27, CARO closed at $20 a share and its market value of all shares (4,041,460 outstanding shares total as of June 27) equaled $80,829,200.

“Being listed on the NASDAQ is a significant accomplishment for Carolina Financial Corporation,” said Jerry L. Rexroad, president and chief executive officer of Carolina Financial Corporation. “Moving to the NASDAQ is part of our strategic plan to provide our shareholders liquidity in their stock.”

In 2014, Carolina Financial Corporation ranked No. 6 on American Banker’s list of “Top 200 Community Banks and Thrifts as Ranked by Three-Year Average ROE.”

It represented the No. 1 South Carolina community bank on this list.

For more information about investor relations, contact Carolina Financial Corporation EVP and CFO Bill Gehman at bgehman@haveanicebank.com or by phone at 843-534-5120.

Comments

Notice about comments:

Moultrie News is pleased to offer readers the enhanced ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. We do not edit user submitted statements and we cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not Moultrie News.

If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website. Read our full terms and conditions.

On Vacation

On Vacation – France

Tuesday, August 19, 11:59 a.m.

Upcoming Events
Poll
 Latest News
Print Ads
Latest Videos


Moultrie News

© 2014 Moultrie News an Evening Post Industries company. All Rights Reserved.

Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Parental Consent Form.