Capital Bancorp Q1 2024 Earnings Report

Capital Bancorp EPS Results

• Actual EPS: $0.51
• Consensus EPS: $0.52
• Beat/Miss: Missed by -$0.01
• One Year Ago EPS: N/A

Capital Bancorp Revenue Results

• Actual Revenue: $40.98 million
• Expected Revenue: $40.02 million
• Beat/Miss: Beat by +$960.00 thousand
• YoY Revenue Growth: N/A

Capital Bancorp Announcement Details

• Quarter: Q1 2024
• Date: 4/22/2024
• Time: N/A

Capital Bancorp (NASDAQ:CBNK) 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. The company offers a range of deposit products, including checking and savings, time, interest bearing and noninterest-bearing demand, and money market accounts, as well as certificates of deposit; and credit cards. It also originates residential mortgages; issues trust preferred securities; and provides residential and commercial real estate, construction, and commercial and industrial loans, as well as other consumer loans, such as term loans, car loans, and boat loans to small to medium-sized businesses, professionals, real estate investors, and small residential builders and individuals. Capital Bancorp, Inc. was founded in 1974 and is headquartered in Rockville, Maryland.