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Carolina Trust Bank Turns To Profit In Q1 - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Carolina Trust Bank (CART) posted first-quarter net income attributable to shareholders of $562 thousand or $0.12 per share, compared to net loss of $463 thousand or $0.10 per share in the prior year quarter.

Net-interest income for the quarter was $2.51 million, up from $2.12 million in the comparable quarter last year, while non-interest income for the quarter was $259 thousand, compared to $251 thousand in the year-ago period.

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