Capital Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary
Capital Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary
Capital Bancorp Inc CBNK.OQ reported quarterly adjusted earnings of 87 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 85 cents. The mean expectation of four analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 82 cents to 83 cents per share.
Revenue rose 7.5% to $65.29 million from a year ago; analysts expected $66.54 million.
Capital Bancorp Inc's reported EPS for the quarter was 87 cents.
The company reported quarterly net income of $14.25 million.
Capital Bancorp Inc shares had risen by 2.9% this quarter and gained 28.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.9% 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 "hold."
Wall Street's median 12-month price target for Capital Bancorp Inc is $35.00, about 3.2% below its last closing price of $36.13
This summary was machine generated from LSEG data July 27 at 10:04 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 |
Jun. 30 2026 | 0.82 | 0.87 | Beat |
Mar. 31 2026 | 0.78 | 0.73 | Missed |
Dec. 31 2025 | 0.79 | 0.91 | Beat |
Sep. 30 2025 | 0.84 | 0.72 | Missed |
Recent news on Capital Bancorp
See all newsPeoples Bancorp slips on all-stock Capital Bancorp merger deal
Brief: Peoples Bancorp Inc - Capital Will Be Required To Pay Peoples Termination Fee Of $30.66 Million If Deal Terminated Under Certain Conditions
Brief: Peoples Bancorp Inc. And Capital Bancorp, Inc. Announce Merger Agreement
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