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

Capital Bancorp

20/04/2022 23:40

* Capital Bancorp Inc  CBNK.OQ  reported quarterly adjusted
earnings of 71 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 59 cents per share.
    * Revenue rose 8.4% to $41.62 million from a year ago; 
analysts
expected $41.97 million. 
    * Capital Bancorp Inc's reported EPS for the quarter was 71
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Capital Bancorp Inc shares had fallen by 2.7% this
quarter and
lost 15.1% so far this year.
    * The company reported quarterly net income of $10.21
million.
    * Wall Street's median 12-month price target for Capital
Bancorp
Inc is $29.75 
    * 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 20 at 10:40 p.m.  ​All
figures in US dollars unless otherwise stated