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Date | Price Target | Rating | Analyst |
---|---|---|---|
7/24/2024 | $26.00 → $28.00 | Outperform | Hovde Group |
4/23/2024 | $27.00 → $26.00 | Outperform | Hovde Group |
4/1/2024 | $25.00 → $28.00 | Equal-Weight → Overweight | Stephens |
6/13/2023 | $22.00 | Overweight | Piper Sandler |
4/4/2023 | $19.00 | Equal-Weight | Stephens |
12/13/2022 | $30.00 → $26.00 | Outperform → Mkt Perform | Keefe Bruyette |
9/15/2022 | Buy | Janney |
ROCKVILLE, Md., July 12, 2024 (GLOBE NEWSWIRE) -- Capital Bank is pleased to announce the appointment of Dominic C. Canuso, CFA, as the new Chief Financial Officer (CFO) for Capital Bancorp, Inc. and Capital Bank, N.A. A seasoned public company executive with a robust background in finance and operations, Mr. Canuso will officially join the organization on July 15, 2024, reporting directly to CEO Ed Barry. Dominic brings a wealth of experience to Capital Bank, having most recently served as EVP and CFO at WSFS Bank while also serving as the Executive Leader of the Cash Connect line of business. Over seven years, he was instrumental in driving the strategic direction of the bank including
ROCKVILLE, Md., May 07, 2024 (GLOBE NEWSWIRE) -- Capital Bank (NASDAQ:CBNK), a prominent financial institution serving the DC Metro area, is proud to announce the appointment of Jim Witty as Senior Vice President - Director of Contractor Banking. With a commercial banking career spanning over 30 years, many spent in leadership roles, Jim has a strong track record of helping businesses grow, driving strategic objectives, and fostering long-lasting relationships with his clients. "We are excited to welcome Jim to the Capital Bank team," said Steve Poynot, President and Chief Operating Officer. "We are confident in his ability to strategically lead and deliver innovative solutions and ex
ROCKVILLE, Md., May 01, 2024 (GLOBE NEWSWIRE) -- Capital Bank (NASDAQ:CBNK) is pleased to announce the appointment of Todd Warren as Senior Vice President and Market Executive for the Greater Chesapeake and Baltimore regions. With over 26 years in banking, Mr. Warren brings invaluable expertise and insights to the bank. Mr. Warren will play a key role in Capital Bank's C&I growth strategy by leading two C&I teams in Baltimore and Columbia, MD. "Todd's extensive industry knowledge and deep community connections are vital as we advance our growth initiatives," said Steve Poynot, President and COO of Capital Bank. Brad Rodier, Capital Bank's Chief Lending Officer, added, "Todd's proven trac
8-K - Capital Bancorp Inc (0001419536) (Filer)
S-8 - Capital Bancorp Inc (0001419536) (Filer)
8-K - Capital Bancorp Inc (0001419536) (Filer)
4 - Capital Bancorp Inc (0001419536) (Issuer)
4 - Capital Bancorp Inc (0001419536) (Issuer)
4 - Capital Bancorp Inc (0001419536) (Issuer)
SC 13G/A - Capital Bancorp Inc (0001419536) (Subject)
SC 13G/A - Capital Bancorp Inc (0001419536) (Subject)
SC 13G/A - Capital Bancorp Inc (0001419536) (Subject)
Third Quarter 2024 Results Net Income of $8.7 million, or $0.62 per share Net Income, as adjusted to exclude the impact of merger-related expenses (non-GAAP)(1), of $9.2 million, or $0.66 per share Tangible Book Value Per Share(1) of $20.13, increased 4.5%, or $0.87 as compared to $19.26 (2Q 2024).Net Interest Income increased $1.3 million, or 3.5% (not annualized), from 2Q 2024Net Interest Margin ("NIM") decreased to 6.41% as compared to 6.46% (2Q 2024) Core NIM, as adjusted to exclude the impact of credit card loans (non-GAAP)(1) increased to 4.08% as compared to 4.00% (2Q 2024) Loan Growth of $85.9 million, or 16.9% annualized for 3Q 2024Deposit Growth of $85.8 million, or 16.2% annualiz
ROCKVILLE, Md. , Oct. 01, 2024 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. ("CBNK" or "Capital") (NASDAQ:CBNK) today announced the completion of its previously announced merger with Integrated Financial Holdings, Inc. ("IFHI") (OTCQX:IFHI). At the effective time of the merger, IFHI merged with and into Capital, with Capital continuing as the surviving corporation. The transaction is expected to create a best-in-class nationwide leader in government guaranteed lending across both U.S. Department of Agriculture ("USDA") and U.S. Small Business Administration ("SBA") lending. The transaction will also create opportunities to scale Windsor Advantage, one of the nation's largest SBA Lender Servic
ROCKVILLE, Md., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ:CBNK), the holding company for Capital Bank N.A., and Integrated Financial Holdings, Inc. ("IFH"), the holding company for West Town Bank & Trust and Windsor Advantage, announced today the receipt of regulatory approval from the Office of the Comptroller of the Currency (OCC) for the proposed merger of IFH with and into CBNK. CBNK previously announced that it has also received approval from the Federal Reserve Bank of Richmond, acting on delegated authority from the Board of Governors of the Federal Reserve System, for the merger. The merger, which was announced March 28, 2024, was also approved by the share
Hovde Group reiterated coverage of Capital Bancorp with a rating of Outperform and set a new price target of $28.00 from $26.00 previously
Hovde Group reiterated coverage of Capital Bancorp with a rating of Outperform and set a new price target of $26.00 from $27.00 previously
Stephens upgraded Capital Bancorp from Equal-Weight to Overweight and set a new price target of $28.00 from $25.00 previously
4 - Capital Bancorp Inc (0001419536) (Issuer)
4 - Capital Bancorp Inc (0001419536) (Issuer)
4 - Capital Bancorp Inc (0001419536) (Issuer)
Keefe, Bruyette & Woods analyst Catherine Mealor maintains Capital Bancorp (NASDAQ:CBNK) with a Market Perform and raises the price target from $25 to $27.
Capital Bancorp (NASDAQ:CBNK) reported quarterly earnings of $0.59 per share which met the analyst consensus estimate. This is a 13.46 percent increase over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $43.95 million which beat the analyst consensus estimate of $43.41 million by 1.24 percent. This is a 4.57 percent increase over sales of $42.03 million the same period last year.
Third Quarter 2024 Results Net Income of $8.7 million, or $0.62 per share Net Income, as adjusted to exclude the impact of merger-related expenses (non-GAAP)(1), of $9.2 million, or $0.66 per share Tangible Book Value Per Share(1) of $20.13, increased 4.5%, or $0.87 as compared to $19.26 (2Q 2024).Net Interest Income increased $1.3 million, or 3.5% (not annualized), from 2Q 2024Net Interest Margin ("NIM") decreased to 6.41% as compared to 6.46% (2Q 2024) Core NIM, as adjusted to exclude the impact of credit card loans (non-GAAP)(1) increased to 4.08% as compared to 4.00% (2Q 2024) Loan Growth of $85.9 million, or 16.9% annualized for 3Q 2024Deposit Growth of $85.8 million, or 16.2% annualiz
Second Quarter 2024 Results Net Income of $8.2 million, or $0.59 per share Net Income, as adjusted to exclude the impact of merger-related expenses (non-GAAP)(1), of $8.3 million, or $0.59 per share Net Interest Income increased $2.1 million, or 5.9%, from 1Q 2024Net Interest Margin ("NIM") increased to 6.46% as compared to 6.24% (1Q 2024) Core NIM, as adjusted to exclude the impact of credit card loans (non-GAAP)(1) increased to 4.00% as compared to 3.85% (1Q 2024) Loan Growth of $57.1 million, or 11.7% annualized for 2Q 2024Deposit Growth of $94.7 million, or 19.0% annualized for 2Q 2024; Noninterest bearing deposits increased $18.8 million, or 11.3% annualized from 1Q 2024Cash dividend o
Net Income of $6.6 million, or $0.47 per share. Net Income, as adjusted(1) of $7.1 million, or $0.51 per shareROAA of 1.15% and ROAE of 10.19% for 1Q 2024Adjusted Metrics(1) excluding Merger-Related Expenses: ROAA of 1.24% and ROAE of 11.03% for 1Q 2024 Loan Growth of $61.2 million, or 12.9% annualized for 1Q 2024Deposit Growth of $109.7 million; Noninterest bearing deposits increased $48.4 million, or 7.8% from 4Q 2023Cash dividend of $0.08 per share declared ROCKVILLE, Md., April 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 $6.6 million, or $0.47 per diluted share,