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CBNK — Capital Bancorp News Story

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Capital Bancorp Inc reports results for the quarter ended in June - Earnings Summary

* Capital Bancorp Inc  CBNK.OQ  reported quarterly adjusted
earnings of 68 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 49 cents per share.
* Revenue rose 26.3% to $40.99 million from a year ago; 
analysts expected $36.40 million. 
* Capital Bancorp Inc's reported EPS for the quarter was 68
cents​.
* The mean earnings estimate of analysts had risen by about 7.8%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Capital Bancorp Inc shares had fallen by 0.5% this quarter and
gained 46.1% so far this year.
* The company reported quarterly net income of $9.65 million.
* Wall Street's median 12-month price target for Capital Bancorp
Inc is $25.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 22 at 01:44 p.m.  ​All
figures in US dollars unless otherwise stated

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