stockrowCarver Bancorp, Inc.
CARV Financial Banks Regional
Carver Bancorp, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $40.7 million, up 8.80% from fiscal 2025.
- Revenue
- −7.35%
- EPS
- −31.8%
- Free cash flow
- −29.1%
- Total debt
- +85.1%
Quarter to June 2026, against a year earlier
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Carver Bancorp, Inc. (CARV) Altman Z-score
Carver Bancorp, Inc.'s Altman Z-score for fiscal 2026 cannot be worked out: not meaningful for banks, insurers and REITs.
Altman Z-score, annual
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.04 | — | 0.05 | |
| Retained earnings / total assets | (0.11) | — | −0.15 | |
| EBIT / total assets | — | — | n/a | — |
| Market value of equity / total liabilities | 0.01 | — | 0.01 | |
| Sales / total assets | 0.06 | — | 0.06 | |
| Altman Z-score | n/a — not meaningful for banks, insurers and REITs | — | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | n/a — not meaningful for banks, insurers and REITs | — | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| GLBZ Glen Burnie Bancorp compare | — |
| BCOW 1895 Bancorp of Wisconsin Inc. compare | — |
| MBBC Marathon Bancorp, Inc. compare | — |
| TCBS Texas Community Bancshares, Inc. compare | — |
| SHFS SHF Holdings, Inc. compare | — |
| KFFB Kentucky First Federal Bancorp compare | — |
| CULL Cullman Bancorp, Inc. compare | — |
| CARV Carver Bancorp, Inc. | — |
| HFBL Home Federal Bancorp, Inc. of Louisiana compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets