Capital Bancorp(CBNK) - 2024 Q3 - Quarterly Results

Capital Bancorp, Inc. Posts Broad Based Growth Leading to a Sharp Profitability Increase 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) , of $9.2 million, or $0.66 per share (1) (1) • Tangible Book Value Per Share 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 2024 • Net Interest Margin ("NIM") ...