Capital Bancorp Inc

Capital Bancorp, Inc. is a holding company, which engages in the provision of commercial and consumer banking services through its subsidiary Capital Bank, NA. It operates through the following segments: Commercial Banking, Capital Bank Home Loans, OpenSky, and Corporate. The Commercial Banking segment provides personalized service to commercial clients throughout the Washington, D.C. and Baltimore metropolitan areas. The Capital Bank Home Loans segment represents the company's mortgage loan division. The OpenSky segment refers to the credit card division. The company was founded in 1988 and is headquartered in Rockville, MD.

Earnings data Q1 2024

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Capital Bancorp (CBNK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Capital Bancorp (CBNK) This Earnings Season?

Capital Bancorp (CBNK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Capital Bancorp (CBNK) is Poised to Beat Earnings Estimates Again

Capital Bancorp (CBNK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Capital Bancorp (CBNK) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

ROCKVILLE, Md., April 05, 2024 (GLOBE NEWSWIRE) -- Capital Bank (NASDAQ: CBNK), a leading commercial bank in the DC Metro Region, is pleased to announce the appointment of Anguel Lindarev as Executive Vice President and Chief Information Officer (CIO), effective immediately. With more than 25 years of experience in leading technology and innovation strategies, Mr. Lindarev brings a wealth of knowledge and expertise to Capital Bank's executive team.

Capital Bank Welcomes Anguel Lindarev as Chief Information Officer

NEW YORK , April 1, 2024 /PRNewswire/ --  Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Capital Bancorp, Inc. (Nasdaq: CBNK), relating to its proposed merger with Integrated Financial Holdings, Inc. Under the terms of the agreement, CBNK shareholders are estimated to receive $5.36 in cash and 1.115 shares of Capital common stock per share they own.

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Capital Bancorp, Inc. - CBNK

Capital Bancorp (CBNK) announces a deal to buy Integrated Financial. This deal is set to help CBNK fortify its loan balance and boost its EPS, along with potential geographical expansion.

Capital Bancorp (CBNK) to Buy Integrated Financial for $66M

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Capital Bancorp, Inc. (NASDAQ: CBNK) and Integrated Financial Holdings, Inc. is fair to Capital shareholders. Per the terms of the proposed transaction, Integrated shareholders will, subject to certain adjustments, receive $5.36 in cash and 1.115 shares of Capital common stock for each share of Integrated common stock. Upon closing of the proposed transaction, Capital shareholders wi.

CBNK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Capital Bancorp, Inc. Is Fair to Shareholders

Further Diversifies CBNK with a Niche C&I Business that is Capital Efficient, High-Return and Generates Meaningful Fee Income Further Diversifies CBNK with a Niche C&I Business that is Capital Efficient, High-Return and Generates Meaningful Fee Income

Capital Bancorp, Inc. Announces Acquisition of Integrated Financial Holdings, Inc.

ROCKVILLE, Md., Feb. 12, 2024 (GLOBE NEWSWIRE) -- OpenSky®, a division of Capital Bank, N.A., is thrilled to announce their upcoming segment on beloved morning show The Balancing Act®, airing on Lifetime TV February 12th at 7:30am EST + PST. The Balancing Act, hosted by Montel Williams and Olga Villaverde, offers practical solutions to enhance the everyday life of women navigating the everyday challenges of balancing it all. As part of the OpenSky® mission of empowering individuals through access to credit, the segment will educate the audience on ways to rebuild their credit to alleviate financial stress.

OpenSky® Partners with The Balancing Act® on Lifetime TV to Empower Women Through Financial Wellness

Capital Bancorp (CBNK) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.62 per share a year ago.

Capital Bancorp (CBNK) Q4 Earnings Beat Estimates

ROCKVILLE, Md., Jan. 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 $9.0 million, or $0.65 per diluted share, for the fourth quarter 2023, compared to net income of $9.8 million, or $0.70 per diluted share, for the third quarter 2023 and $9.0 million, or $0.62 per diluted share, for the fourth quarter 2022.

Capital Bancorp, Inc. Reports Fourth Quarter 2023 Net Income of $9.0 million, or $0.65 per share

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Capital Bancorp (CBNK) Stock?

Capital Bancorp (CBNK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Capital Bancorp (CBNK): Can Its 6.5% Jump Turn into More Strength?

Are Investors Undervaluing Capital Bancorp (CBNK) Right Now?

Capital Bancorp (CBNK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Capital Bancorp (CBNK): Time to Buy?

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EUREKA, Calif.--(BUSINESS WIRE)--On November 1, 2023, REDWOOD CAPITAL BANCORP (the company), (OTCQB:RWCB), the only locally owned and operated community bank holding company in Humboldt County, announced unaudited financial results for the three and nine month period ended September 30, 2023. Redwood Capital Bank (the bank), the company's wholly owned subsidiary, reported consistent earnings. John Dalby, President and CEO commented, “Unlike the industry trend for community banks, Redwood Capita.

Earnings Release – Redwood Capital Bancorp – Third Quarter, 2023

ROCKVILLE, Md., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Capital Bank, acknowledged in American Banker's top performing banks for 2023, is pleased to announce the appointment of Mr. Jacob “Jake” Dalaya as its new Chief Strategy Officer (CSO). With substantial expertise in financial services, particularly in bank M&A and capital markets, Mr. Dalaya is well positioned to advance the bank's strategic growth and expansion.

Capital Bank Appoints Jacob Dalaya as Chief Strategy Officer

Capital Bancorp (CBNK) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.77 per share a year ago.

Capital Bancorp (CBNK) Beats Q3 Earnings and Revenue Estimates

ROCKVILLE, Md., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $9.8 million, or $0.70 per diluted share, for the third quarter 2023, compared to net income of $7.3 million, or $0.52 per diluted share, for the second quarter 2023 and $11.1 million, or $0.77 per diluted share, for the third quarter 2022. For the quarter, total average deposits increased $37.1 million and the average loan portfolio grew $42.9 million. In addition, the net interest margin of 6.71% for the third quarter 2023 improved when compared to 6.63% for the second quarter 2023. Adjusted net interest margin(1) (excluding credit card and SBA-PPP loans) of 4.05% for the third quarter 2023 remained stable when compared to adjusted net interest margin(1) of 4.06% for the second quarter 2023.

Capital Bancorp, Inc. Reports Third Quarter 2023 Net Income of $9.8 million, or $0.70 per share

WASHINGTON, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Capital Bank, a prominent commercial bank in the DC Metro Region, proudly announces the creation of its new Lender Finance Group. This addition is an opportunity to provide enhanced term loan and credit facilities opportunities across a variety of sectors and asset classes.

UPDATE - Capital Bank Launches New Lender Finance Group

Capital Bank Launches New Lender Finance Group

Capital Bancorp (CBNK) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.80 per share a year ago.

Capital Bancorp (CBNK) Misses Q2 Earnings and Revenue Estimates

ROCKVILLE, Md., July 27, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $7.3 million, or $0.52 per diluted share, for the second quarter 2023, compared to net income of $9.7 million, or $0.68 per diluted share, for the first quarter 2023 and $11.5 million, or $0.80 per diluted share, for the second quarter 2022. Total average deposits increased $110.4 million, or 25.0% annualized, the average loan portfolio grew $50.3 million and the net interest margin of 6.63% for the second quarter 2023 remained stable when compared to 6.65% for the first quarter 2023.

News for Capital Bancorp Inc Stock (CBNK)