Capital Bancorp (CBNK) Reports Q1

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/5/2026

1. NVDA
2. PCVX
3. SPY
4. PTC
5. ATH
6. TSLA
7. CME
8. USO
9. AMD
10. EVTL

Go back to Capital Bancorp (CBNK) Reports Q1

Capital Bancorp, Inc. Stable Margin and Profitable Growth Drives Strong Profitability

April 20, 2023 8:55 PM EDT

ROCKVILLE, Md., April 20, 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 $9.7 million, or $0.68 per diluted share, for the first quarter of 2023, compared to net income of $10.2 million, or $0.71 per diluted share, for the first quarter of 2022. Tangible book value per common share grew 15.7% to $16.65 at March 31, 2023 when compared to the same quarter in 2022. The Company maintains a strong liquidity position and remains well-capitalized as our Risk Based Capital was 16.15% as of March 31, 2023.

... More