trending Market Intelligence /marketintelligence/en/news-insights/trending/c2haw-ibs4xr38_xyldymw2 content esgSubNav
In This List

Carolina Trust BancShares recalculates earnings for tax reform-related hit

Blog

Insight Weekly: Bank oversight steps up; auto insurers’ dismal year; VC investment slumps

Blog

Banking Essentials Newsletter: 3rd May Edition

Blog

Banking Essentials Newsletter: 19th April Edition

Video

According to Market Intelligence, April 2023


Carolina Trust BancShares recalculates earnings for tax reform-related hit

Lincolnton, N.C.-based Carolina Trust BancShares Inc. adjusted its previously reported earnings for the quarter ended Dec. 31, 2017, to account for a $158,000 adjustment related to the new corporate tax rate.

Carolina Trust BancShares' net loss for the quarter has been revised to $354,000, or 7 cents per share. The company on Jan. 26 reported a net loss of $196,000, or 4 cents per share, for the quarter.