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

Capital Bancorp

22/04/2021 19:20

* Capital Bancorp Inc  CBNK.OQ  reported quarterly adjusted
earnings of 65 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 56 cents per share.
* Revenue rose 58.2% to $38.40 million from a year ago​; 
analysts expected $41.47 million.
* Capital Bancorp Inc's reported EPS for the quarter was 65
cents​.
* The mean earnings estimate of analysts had risen by
about 41.3% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Capital Bancorp Inc shares had risen by 9.8% this quarter and
gained 52.0% so far this year.
* The company reported quarterly net income of $8.98 million.
* Wall Street's median 12-month price target for Capital Bancorp
Inc is $22.75 
* 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 April 22 at 06:20 p.m. GMT.
​All figures in US Dollars.​