Chain Bridge Bancorp (CBNA) Projected to Post Earnings on Tuesday

Chain Bridge Bancorp (NYSE:CBNA - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Tuesday, April 22nd. Analysts expect Chain Bridge Bancorp to post earnings of $0.54 per share for the quarter.

Chain Bridge Bancorp (NYSE:CBNA - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.15. On average, analysts expect Chain Bridge Bancorp to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Chain Bridge Bancorp Stock Performance

Shares of Chain Bridge Bancorp stock traded up $0.30 during mid-day trading on Friday, hitting $24.52. The stock had a trading volume of 33,739 shares, compared to its average volume of 28,447. The firm has a 50-day moving average of $23.42 and a two-hundred day moving average of $23.71. Chain Bridge Bancorp has a 12-month low of $20.01 and a 12-month high of $27.56.

Analysts Set New Price Targets

Several brokerages recently weighed in on CBNA. Piper Sandler lowered their price objective on Chain Bridge Bancorp from $31.00 to $29.00 and set an "overweight" rating for the company in a research report on Thursday, March 20th. Raymond James reiterated a "strong-buy" rating and set a $34.00 price target (up from $29.00) on shares of Chain Bridge Bancorp in a report on Thursday, January 30th.

Insider Transactions at Chain Bridge Bancorp

In other news, major shareholder Martin S. Friedman acquired 16,194 shares of the business's stock in a transaction that occurred on Monday, February 24th. The shares were purchased at an average price of $24.46 per share, for a total transaction of $396,105.24. Following the acquisition, the insider now owns 328,722 shares of the company's stock, valued at $8,040,540.12. This represents a 5.18 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Chain Bridge Bancorp Company Profile

Chain Bridge Bancorp, Inc operates as a Delaware-chartered bank holding company for Chain Bridge Bank, National Association that provides commercial and personal banking, and trust services in the United States. Its deposit products include non-interest-bearing and interest-bearing checking accounts, savings accounts, and money market accounts.