Carver Bancorp reported a difficult Q4 2025, with revenue of $9.214 million and a net loss of $3.771 million, translating to an EPS of -$0.71. The quarter delivered an improvement in revenue sequentially versus the prior quarter (QoQ revenue up ~20%), but profitability remains severely negative, with EBITDA also at -$3.771 million. On a year-over-year basis, revenue declined by approximately 21.6% versus Q4 2024, underscoring ongoing earnings headwinds in the current operating environment. The company’s balance sheet shows a sizable asset base (~$730 million) and a modest equity position (~$29.6 million), with total debt (~$29.1 million) largely matching the equity base. Cash flow was negative from operations (-$6.19 million) while financing activities contributed +$6.87 million, suggesting reliance on external funding to sustain operations and liquidity.
Looking forward, management has not provided explicit quarterly guidance in the supplied data. The near-term outlook hinges on stabilizing net interest income, controlling operating costs, and improving deposit growth to support earnings generation. The results point to a Go-To-Market and risk-management focus: optimize funding costs, selectively grow higher-return assets, and tighten expense discipline to shift the trajectory toward positive cash flow and profitability. Investors should monitor NIM (net interest margin) sensitivity, credit quality signals, and the firm’s ability to sustain capital at a level that supports growth without compromising balance sheet resilience.