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

Capital Bancorp

24/10/2022 13:00

* Capital Bancorp Inc  CBNK.OQ  reported quarterly adjusted
earnings of 77 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 73 cents per share.
    * Revenue fell 2% to $43.79 million from a year ago;
analysts
expected $45.50 million. 
    * Capital Bancorp Inc's reported EPS for the quarter was 77
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Capital Bancorp Inc shares had risen by 4.5% this
quarter and
lost 7.9% so far this year.
    * The company reported quarterly net income of $11.1
million.
    * Wall Street's median 12-month price target for Capital
Bancorp
Inc is $30.00 
    * 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 from Refinitiv data October
24 at 12:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.73           0.77           Beat
 Jun. 30 2022      0.61           0.80           Beat
 Mar. 31 2022      0.59           0.71           Beat
 Dec. 31 2021      0.68           0.71           Beat