Capital Bancorp Inc reports results for the quarter ended December 31 - Earnings Summary

Capital Bancorp

27/01/2025 22:28

* Capital Bancorp Inc  CBNK.OQ  reported quarterly adjusted
earnings of 92 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 65 cents.  The mean expectation of four analysts
for the quarter was for earnings of 65 cents per share. Wall
Street expected results to range from 51 cents to 80 cents per
share.
    * Revenue rose 37.8% to $56.24 million from a year ago;
analysts
expected $54.78 million. 
    * Capital Bancorp Inc's reported EPS for the quarter was 45
cents​.
    * The company reported quarterly net income of $7.53
million.
    * Capital Bancorp Inc shares had risen by 1.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 14.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for Capital Bancorp
Inc is $32.00 
This summary was machine generated from LSEG data January 27 at
10:28 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.65           0.92           Beat
 Sep. 30 2024      0.68           0.66           Missed
 Jun. 30 2024      0.60           0.59           Missed
 Mar. 31 2024      0.50           0.47           Missed