Capital Bancorp, Inc. (CBNK)
| Market Cap | 274.97M |
| Revenue (ttm) | 156.99M |
| Net Income (ttm) | 35.87M |
| Shares Out | 13.92M |
| EPS (ttm) | 2.55 |
| PE Ratio | 7.70 |
| Forward PE | 8.82 |
| Dividend | $0.32 (1.64%) |
| Ex-Dividend Date | May 3, 2024 |
| Volume | 315 |
| Open | 19.75 |
| Previous Close | 19.64 |
| Day's Range | 19.55 - 19.75 |
| 52-Week Range | 15.00 - 25.00 |
| Beta | 0.42 |
| Analysts | Buy |
| Price Target | 25.00 (+27.88%) |
| Earnings Date | Apr 22, 2024 |
About CBNK
Capital Bancorp, Inc. operates as the bank holding company for Capital Bank, N.A. that provides various banking products and services to businesses, not-for-profit associations, and entrepreneurs in Maryland, Virginia, and the District of Columbia. It operates through Commercial Banking, Capital Bank Home Loans, and OpenSky segments. The company offers a range of deposit products, including checking and savings, time, interest bearing and noninterest-bearing demand, and money market accounts, as well as certificates of deposit; and credit cards... [Read more]
Financial Performance
In 2023, CBNK's revenue was $156.99 million, a decrease of -3.89% compared to the previous year's $163.35 million. Earnings were $35.87 million, a decrease of -14.19%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CBNK stock is "Buy." The 12-month stock price forecast is $25.0, which is an increase of 27.88% from the latest price.
News
Capital Bancorp, Inc. Reports First Quarter 2024 Results
Net Income of $6.6 million, or $0.47 per share. Net Income, as adjusted(1) of $7.1 million, or $0.51 per share ROAA of 1.15% and ROAE of 10.19% for 1Q 2024 Adjusted Metrics(1) excluding Merger-Related...
Capital Bank Welcomes Anguel Lindarev as Chief Information Officer
ROCKVILLE, Md., April 05, 2024 (GLOBE NEWSWIRE) -- Capital Bank (NASDAQ: CBNK), a leading commercial bank in the DC Metro Region, is pleased to announce the appointment of Anguel Lindarev as Executive...
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Capital Bancorp, Inc. - CBNK
NEW YORK , April 1, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securit...
CBNK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Capital Bancorp, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Capital Bancorp, Inc. (NASDAQ: CBNK) and Integrated Financial Holdings, Inc. is fair to...
Capital Bancorp, Inc. Announces Acquisition of Integrated Financial Holdings, Inc.
Further Diversifies CBNK with a Niche C&I Business that is Capital Efficient, High-Return and Generates Meaningful Fee Income Further Diversifies CBNK with a Niche C&I Business that is Capital Efficie...
OpenSky® Partners with The Balancing Act® on Lifetime TV to Empower Women Through Financial Wellness
ROCKVILLE, Md., Feb. 12, 2024 (GLOBE NEWSWIRE) -- OpenSky®, a division of Capital Bank, N.A., is thrilled to announce their upcoming segment on beloved morning show The Balancing Act®, airing on Lifet...
Capital Bancorp, Inc. Reports Fourth Quarter 2023 Net Income of $9.0 million, or $0.65 per share
ROCKVILLE, Md., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $9.0 milli...
Earnings Release – Redwood Capital Bancorp – Third Quarter, 2023
EUREKA, Calif.--(BUSINESS WIRE)--On November 1, 2023, REDWOOD CAPITAL BANCORP (the company), (OTCQB:RWCB), the only locally owned and operated community bank holding company in Humboldt County, announ...
Capital Bank Appoints Jacob Dalaya as Chief Strategy Officer
ROCKVILLE, Md., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Capital Bank, acknowledged in American Banker's top performing banks for 2023, is pleased to announce the appointment of Mr. Jacob “Jake” Dalaya as it...
Capital Bancorp, Inc. Reports Third Quarter 2023 Net Income of $9.8 million, or $0.70 per share
ROCKVILLE, Md., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $9.8 milli...
UPDATE - Capital Bank Launches New Lender Finance Group
WASHINGTON, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Capital Bank, a prominent commercial bank in the DC Metro Region, proudly announces the creation of its new Lender Finance Group. This addition is an oppo...
Capital Bank Launches New Lender Finance Group
WASHINGTON, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Capital Bank, a prominent commercial bank in the DC Metro Region, proudly announces the creation of its new Lender Finance Group. This addition is an oppo...
Capital Bancorp, Inc. Continued Deposit and Loan Growth Leads to Strong Net Interest Margin, Declares Quarterly Dividend of $0.08
ROCKVILLE, Md., July 27, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $7.3 milli...
Prominent Banking Figure, Mary Ann Scully, Joins Capital Bank's Board of Directors
WASHINGTON, July 14, 2023 (GLOBE NEWSWIRE) -- Capital Bank, a leading commercial bank in the DC Metro Region, is pleased to announce the appointment of Mary Ann Scully, Dean of the Joseph A. Sellinger...
Capital Bank Rises to #5 in American Banker's Top 20 High-Performing Banks
ROCKVILLE, Md., June 30, 2023 (GLOBE NEWSWIRE) -- Capital Bank is proud to announce its position as the No. 5 bank in American Banker's 2023 annual ranking of the Top 20 High-Performing Banks in the U...
This Analyst With 83% Accuracy Rate Sees Around 23% Upside In Amazon.com - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
U.S. stocks closed lower on Friday, with the S&P 500 breaking its six-session win streak. However, the benchmark index still recorded weekly gain, also notching the fifth positive week in a row.
Capital Bank Welcomes Jay Walker as CFO, Elevating Strategy and Capital Management Expertise
ROCKVILLE, Md., June 13, 2023 (GLOBE NEWSWIRE) -- Capital Bank is delighted to announce the appointment of Jennings “Jay” Walker as the new Chief Financial Officer (CFO) for Capital Bancorp, Inc. and ...
Capital Bancorp Declares Quarterly Cash Dividend of $0.06 per Share
ROCKVILLE, Md., May 03, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK) (“Company”), the holding company of Capital Bank (“Bank”), announced today that its Board of Directors has declare...
Capital Bank Names Steve Poynot President, Brad Rodier Joins as EVP, Chief Lending Officer
Scot R. Browning, will transition to President of Specialty & CRE Lending of the Bank Scot R. Browning, will transition to President of Specialty & CRE Lending of the Bank
Capital Bancorp, Inc. Stable Margin and Profitable Growth Drives Strong Profitability
ROCKVILLE, Md., April 20, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $9.7 mill...
Capital Bancorp Declares Quarterly Cash Dividend of $0.06 Per Share
ROCKVILLE, Md., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK) (“Company”), the holding company of Capital Bank (“Bank”), announced today that its Board of Directors has declar...
CBNK Reports Fourth Quarter 2022 Results and Record Annual Earnings
Diluted EPS of $0.62, ROAA of 1.67%, and ROAE of 16.18% for 4Q 2022 Diluted EPS of $0.62, ROAA of 1.67%, and ROAE of 16.18% for 4Q 2022
Capital Bank, N.A., Selected Again by American Banker as One of the “Best Banks to Work For”
It's the fourth year in a row Capital Bank, N.A., has received the prestigious accolade, highlighting the Bank's distinctive workplace culture. It's the fourth year in a row Capital Bank, N.A., has re...
CBNK Continues Strong Quarterly Earnings Trend
Diluted EPS of $0.77, ROAA of 2.15%, and ROAE of 20.32% for 3Q 2022 Diluted EPS of $0.77, ROAA of 2.15%, and ROAE of 20.32% for 3Q 2022
Capital Bank Names Steven M. Poynot as Chief Operating Officer; Karl Dicker to become President of OpenSky® & Fintech
ROCKVILLE, Md., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Capital Bank, N.A. (the "Bank"), has named Steven M. Poynot as Chief Operating Officer, effective immediately.