Piper Sandler resumed coverage of Capital Bancorp with a rating of Overweight and set a new price target of $22.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/17/2025 | $36.00 → $34.00 | Outperform | Hovde Group |
| 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 |
First Quarter 2025 Highlights Net Income of $13.9 million, or $0.82 per share, and return on average assets ("ROA") of 1.75% Core net income(1) of $14.9 million, or $0.88 per share, and core ROA(1) of 1.87% Book value per common share of $22.19 at March 31, 2025, increased $0.87 compared to 4Q 2024, and increased $3.51 when compared to 1Q 2024. Tangible Book Value Per Share(1) of $19.81, increased 3.7% (not annualized), or $0.71(2) as compared to 4Q 2024, and increased 6.0%, or $1.13 compared to 1Q 2024 Return on average equity ("ROE") of 15.56%, and return on average tangible common equity ("ROTCE")(1) of 17.57% Core ROE(1) of 16.64%, and core ROTCE(1) of 18.77% Gross Loans grew $48.2 mill
ROCKVILLE, Md., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. ("CBNK") announced that it had completed the conversion of Integrated Financial Holdings, Inc. ("IFH") into its operations and systems. This conversion integrates IFH customer accounts into CBNK's products and services. West Town Bank & Trust and Windsor Advantage previously operated as subsidiaries of IFH. In connection with the merger completed on October 1, 2024, West Town Bank & Trust merged with and into Capital Bank, N.A. and Windsor Advantage became a subsidiary of Capital Bancorp, Inc. "While Capital and IFH have already been effectively operating as one company, this conversion marks a major milestone," said
Fourth Quarter 2024 Results Net Income of $7.5 million, or $0.45 per share, and return on average assets of 0.96% Net Income of $15.5 million, or $0.92 per share, and return on average assets of 1.97% as adjusted to exclude the impact of merger-related expenses, initial Integrated Financial Holdings, Inc. ("IFH") Allowance for Credit Losses ("ACL") provision, and a non-recurring legacy IFH equity and debt investment write-down (non-GAAP)(1) Tangible Book Value Per Share(1) of $18.77, decreased 6.8%, or $1.36 as compared to $20.13 (3Q 2024), resulting from the acquisition of IFH and related purchase accounting impactsReturn on average equity of 8.50%, and return on average tangible commo
8-K - Capital Bancorp Inc (0001419536) (Filer)
10-Q - Capital Bancorp Inc (0001419536) (Filer)
8-K - Capital Bancorp Inc (0001419536) (Filer)
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
4 - Capital Bancorp Inc (0001419536) (Issuer)
4 - Capital Bancorp Inc (0001419536) (Issuer)
4 - Capital Bancorp Inc (0001419536) (Issuer)
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)
Hovde Group reiterated coverage of Capital Bancorp with a rating of Outperform and set a new price target of $34.00 from $36.00 previously
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
First Quarter 2025 Highlights Net Income of $13.9 million, or $0.82 per share, and return on average assets ("ROA") of 1.75% Core net income(1) of $14.9 million, or $0.88 per share, and core ROA(1) of 1.87% Book value per common share of $22.19 at March 31, 2025, increased $0.87 compared to 4Q 2024, and increased $3.51 when compared to 1Q 2024. Tangible Book Value Per Share(1) of $19.81, increased 3.7% (not annualized), or $0.71(2) as compared to 4Q 2024, and increased 6.0%, or $1.13 compared to 1Q 2024 Return on average equity ("ROE") of 15.56%, and return on average tangible common equity ("ROTCE")(1) of 17.57% Core ROE(1) of 16.64%, and core ROTCE(1) of 18.77% Gross Loans grew $48.2 mill
Fourth Quarter 2024 Results Net Income of $7.5 million, or $0.45 per share, and return on average assets of 0.96% Net Income of $15.5 million, or $0.92 per share, and return on average assets of 1.97% as adjusted to exclude the impact of merger-related expenses, initial Integrated Financial Holdings, Inc. ("IFH") Allowance for Credit Losses ("ACL") provision, and a non-recurring legacy IFH equity and debt investment write-down (non-GAAP)(1) Tangible Book Value Per Share(1) of $18.77, decreased 6.8%, or $1.36 as compared to $20.13 (3Q 2024), resulting from the acquisition of IFH and related purchase accounting impactsReturn on average equity of 8.50%, and return on average tangible commo
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