Capital Bancorp (CBNK) Projected to Post Quarterly Earnings on Monday

Capital Bancorp (NASDAQ:CBNK) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Monday, April 28th. Analysts expect the company to announce earnings of $0.67 per share and revenue of $57.54 million for the quarter.

Capital Bancorp (NASDAQ:CBNK) last announced its quarterly earnings data on Monday, January 27th. The financial services provider reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.26. Capital Bancorp had a net margin of 12.66% and a return on equity of 14.89%. During the same quarter in the prior year, the company posted $0.65 earnings per share. On average, analysts expect Capital Bancorp to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Capital Bancorp Stock Down 1.1 %

CBNK opened at $28.11 on Friday. Capital Bancorp has a 12 month low of $19.26 and a 12 month high of $32.88. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 1.02. The business has a 50 day simple moving average of $28.41 and a 200-day simple moving average of $28.48. The stock has a market capitalization of $468.23 million, a P/E ratio of 13.20 and a beta of 0.52.

Capital Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Monday, February 10th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date of this dividend was Monday, February 10th. Capital Bancorp’s dividend payout ratio is currently 18.78%.

Analyst Upgrades and Downgrades

CBNK has been the subject of a number of research reports. Hovde Group cut their target price on shares of Capital Bancorp from $36.00 to $34.00 and set an “outperform” rating for the company in a research report on Monday, March 17th. Keefe, Bruyette & Woods boosted their price target on Capital Bancorp from $32.00 to $35.00 and gave the stock a “market perform” rating in a report on Friday, February 7th.

Insider Activity

In other Capital Bancorp news, Director Randall James Levitt sold 14,500 shares of Capital Bancorp stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $32.30, for a total transaction of $468,350.00. Following the sale, the director now directly owns 100,000 shares in the company, valued at $3,230,000. The trade was a 12.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 32.50% of the company’s stock.

About Capital Bancorp

Capital Bancorp, Inc operates as the bank holding company for Capital Bank, N.A. that provides various banking products and services to businesses, not-for-profit associations, and entrepreneurs in Maryland, Virginia, and the District of Columbia. It operates through Commercial Banking, Capital Bank Home Loans, and OpenSky segments.