---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-080328"
form_type: "8-K"
ticker: "CARV"
cik: "0001016178"
company_name: "CARVER BANCORP INC"
filed_at: "2024-07-17T23:59:59+00:00"
generated_at: "2026-05-31T20:04:01.444247+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Carver Bancorp reduces FY2024 net loss 32% to $3M; achieves H2 breakeven

## Summary
- Net loss of $3.0M for FY2024, down 32% YoY; breakeven achieved in second half of fiscal year.
- Net interest income $22.6M (-1% YoY); non-interest income $6.7M (+87% YoY) drove improved results.
- Net interest margin improved to 3.31%, up 28 bps from prior quarter; deposits up 7.8%.
- New $25M credit facility with NY Green Bank for decarbonization projects; MWBE vendor financing with Fortune 100 partner.
- Upcoming Jack Henry LoanVantage™ system rollout by Fall 2025 to streamline loan processing.

## SEC filing metadata
- accession: 0001104659-24-080328
- form_type: 8-K
- ticker: CARV
- cik: 0001016178
- company_name: CARVER BANCORP INC
- filed_at: 2024-07-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1016178/000110465924080328/0001104659-24-080328-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1016178/000110465924080328/tm2419648d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-080328
- JSON: https://secwatch.observer/filing/0001104659-24-080328.json
- Plain text: https://secwatch.observer/filing/0001104659-24-080328.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.