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Capital Bancorp (CBNK) Tops Q1 Earnings and Revenue Estimates
Capital BancorpCapital Bancorp(US:CBNK) ZACKSยท2025-04-28 23:35

Group 1: Earnings Performance - Capital Bancorp reported quarterly earnings of $0.88 per share, exceeding the Zacks Consensus Estimate of $0.67 per share, and up from $0.51 per share a year ago, representing an earnings surprise of 31.34% [1] - The company posted revenues of $58.6 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.96%, compared to year-ago revenues of $40.98 million [2] - Over the last four quarters, Capital Bancorp has surpassed consensus EPS estimates two times and topped consensus revenue estimates twice [2] Group 2: Stock Performance and Outlook - Capital Bancorp shares have declined approximately 1.4% since the beginning of the year, while the S&P 500 has decreased by 6.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.77 on $57 million in revenues, and for the current fiscal year, it is $3.18 on $229.8 million in revenues [7] Group 3: Industry Context - The Banks - Northeast industry, to which Capital Bancorp belongs, is currently in the top 23% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Capital Bancorp's stock performance [5] - Another company in the same industry, Arrow Financial, is expected to report quarterly earnings of $0.44 per share, reflecting a year-over-year change of -2.2% [9]