Capital Bancorp(CBNK)

Search documents
Surging Earnings Estimates Signal Upside for Capital Bancorp (CBNK) Stock
ZACKS· 2025-05-05 17:25
Capital Bancorp (CBNK) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earn ...
Best Momentum Stocks to Buy for May 5th
ZACKS· 2025-05-05 15:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 5th:GeneDx Holdings Corp. (WGS) : This genomics-related diagnostic and information services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.4% over the last 60 days.GeneDx’s shares gained 8.2% over the last three months compared with the S&P 500’s decline of 6.5%. The company possesses a Momentum Score of A.Eagle Bancorp Montana, Inc ...
Capital Bancorp (CBNK) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-28 23:35
Capital Bancorp (CBNK) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 31.34%. A quarter ago, it was expected that this company would post earnings of $0.66 per share when it actually produced earnings of $0.92, delivering a surprise of 39.39%.Over the last four quarters, the company ...
Capital Bancorp, Inc. Announces Strong First Quarter Results and Successful IFH Conversion; Continued Strong Organic Loan and Deposit Growth; NIM and Fee Income Drives Robust Returns
GlobeNewswire· 2025-04-28 21:21
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 Ret ...
Capital Bancorp(CBNK) - 2025 Q1 - Quarterly Results
2025-04-28 20:21
Announces Strong First Quarter Results and Successful IFH Conversion; Continued Strong Organic Loan and Deposit Growth; NIM and Fee Income Drives Robust Returns First Quarter 2025 Highlights As used in this press release, core net income, core ROA, core ROE, ROTCE, core ROTCE, Commercial Bank NIM, Commercial Bank ACL Coverage Ratio, and Tangible Book Value are non–U.S. generally accepted accounting principles ("GAAP") financial measures. These non-GAAP financial metrics exclude merger-related and other cert ...
Mulvihill Canadian Bank Enhanced Yield ETF Announces Year End Results
GlobeNewswire· 2025-03-28 21:34
TORONTO, March 28, 2025 (GLOBE NEWSWIRE) -- (TSX: CBNK) Mulvihill Canadian Bank Enhanced Yield ETF (the “Fund”) announces results of operations for the year ended December 31, 2024. Increase in net assets attributable to holders of units amounted to $27.25 million or $2.00 per unit. As at December 31, 2024, net assets attributable to holders of units were $122.66 million or $8.43 per unit. Cash distributions to unitholders totaling $9.65 million or $0.70 per unit were paid during the year. The Fund is a mut ...
Capital Bancorp(CBNK) - 2024 Q4 - Annual Report
2025-03-17 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission file number 001-38671 CAPITAL BANCORP, INC. (Exact name of registrant as specified in its charter) Maryland 52-2083046 (State or other jurisdiction of incorpor ...
Capital Bancorp, Inc. Completes Operational Conversion of Integrated Financial Holdings, Inc.
Newsfilter· 2025-02-24 14:30
Core Insights - Capital Bancorp, Inc. has successfully completed the integration of Integrated Financial Holdings, Inc. into its operations and systems, allowing IFH customer accounts to access CBNK's products and services [1][3] - The merger, which was finalized on October 1, 2024, involved West Town Bank & Trust merging into Capital Bank, N.A., while Windsor Advantage became a subsidiary of Capital Bancorp [2] - The conversion was executed over the weekend from February 21 to February 24, 2025, enabling IFH customers to utilize CBNK's extensive offerings and access banking services at any CBNK location [3][4] Company Overview - Capital Bancorp, Inc. is a registered bank holding company based in Rockville, Maryland, providing financial services since 1999, with assets totaling approximately $3.2 billion as of December 31, 2024 [5] - The company operates bank branches in six locations, including Washington D.C., Reston, VA, Ft. Lauderdale, FL, Rockville, MD, Columbia, MD, and North Riverside, IL [5] - CBNK's common stock is traded on the NASDAQ Global Market under the symbol "CBNK" [5]
Capital Bancorp, Inc. Completes Operational Conversion of Integrated Financial Holdings, Inc.
GlobeNewswire· 2025-02-24 14:30
Core Viewpoint - Capital Bancorp, Inc. has successfully completed the integration of Integrated Financial Holdings, Inc. into its operations, enhancing service offerings for customers [1][3]. Group 1: Conversion and Integration - The conversion of Integrated Financial Holdings, Inc. into Capital Bancorp's systems was finalized between February 21 and February 24, 2025 [3]. - Customers of IFH, including those from the North Riverside, IL branch, now have access to a broader range of Capital Bancorp products and services, as well as the ability to bank at any CBNK location, through digital banking or ATMs [3]. - Ongoing communications were maintained with customers since the merger announcement on October 1, 2024, to ensure a smooth transition [4]. Group 2: Merger Details - West Town Bank & Trust and Windsor Advantage were previously subsidiaries of IFH, with West Town Bank merging into Capital Bank, N.A. and Windsor Advantage becoming a subsidiary of Capital Bancorp [2]. - A new branch is anticipated to open in Raleigh, NC on March 3, 2025, as part of the expansion following the merger [3]. Group 3: Company Overview - Capital Bancorp, Inc. is a registered bank holding company based in Rockville, Maryland, with assets of approximately $3.2 billion as of December 31, 2024 [5]. - The company operates bank branches in six locations, including Washington D.C., Reston, VA, Ft. Lauderdale, FL, Rockville, MD, Columbia, MD, and North Riverside, IL [5].
Capital Bancorp, Inc. Announces 4Q and Full Year 2024 Results; Successful Close of the IFH Acquisition; Robust Organic Loan and Deposit Growth; Diversified Business Model Drives Strong Performance
GlobeNewswire· 2025-01-27 21:26
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 $1.3 ...