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Capital Bancorp, Inc. - $CBNK STOCK NEWS

Welcome to our dedicated page for Capital Bancorp news (Ticker: $CBNK), a resource for investors and traders seeking the latest updates and insights on Capital Bancorp stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Capital Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Capital Bancorp's position in the market.

Rhea-AI Summary

Capital Bank has appointed Jim Witty as the Senior Vice President - Director of Contractor Banking, bringing over 30 years of commercial banking experience to the team. His role will focus on leading strategic initiatives and fostering relationships within the contractor banking sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
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Rhea-AI Summary

Capital Bank appoints Todd Warren as Senior Vice President and Market Executive for Greater Chesapeake and Baltimore regions. Warren brings 26 years of banking experience to lead C&I teams and support growth initiatives. His community involvement and proven track record make him a valuable addition to the bank.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
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none
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Rhea-AI Summary
Capital Bancorp, Inc. reported strong first-quarter 2024 results with net income of $6.6 million, adjusted net income of $7.1 million, ROAA of 1.15%, and ROAE of 10.19%. The company declared a cash dividend of $0.08 per share. The acquisition of Integrated Financial Holdings, Inc. diversifies their business. Despite headwinds, the company remains well-positioned for value creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
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Rhea-AI Summary
Capital Bank (CBNK) appoints Anguel Lindarev as Executive Vice President and CIO to lead IT strategy. Mr. Lindarev brings 25 years of experience in technology operations and digital transformation. Capital Bank aims to enhance banking platforms, customer experiences, and drive growth through innovative IT initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
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Rhea-AI Summary
Capital Bancorp, Inc. (CBNK) to Acquire Integrated Financial Holdings, Inc. (IFH) in a $66 Million Cash and Stock Transaction, Enhancing Diversification and Fee Income Generation
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Rhea-AI Sentiment
End-of-Day
1.46%
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Rhea-AI Summary
OpenSky®, a division of Capital Bank, N.A., partners with The Balancing Act® to educate viewers on credit-building and financial empowerment. With an 88% application approval rate, OpenSky® helps individuals improve credit scores by an average of 41 points in three months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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partnership
Rhea-AI Summary
Capital Bancorp, Inc. (CBNK) reported a diluted EPS of $0.65, ROAA of 1.63%, and ROAE of 14.44% for 4Q 2023. The Tangible Book Value Per Share increased by 15.6% from 4Q 2022 to $18.31. Loan growth stood at $40.7 million, or 8.7% annualized for 4Q 2023. The company also declared a cash dividend of $0.08 per share. Despite a year-over-year net income stagnation, the company's strategy led to a 29% increase in book value, emphasizing growth and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
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Rhea-AI Summary
Capital Bank appoints Jacob Dalaya as Chief Strategy Officer to advance strategic growth and expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
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management
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Rhea-AI Summary
Capital Bancorp reports a 33.8% increase in net income for Q3 2023, with diluted EPS of $0.70. Loan and deposit growth contribute to positive operating leverage. Tangible book value per share increases by 15% compared to Q3 2022. Cash dividend of $0.08 per share declared.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.85%
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Rhea-AI Summary
Capital Bank announces creation of Lender Finance Group, providing enhanced loan and credit facilities opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
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Capital Bancorp, Inc.

Nasdaq:CBNK

CBNK Rankings

CBNK Stock Data

279.46M
9.04M
32.17%
32.51%
0.3%
Commercial Banking
Finance and Insurance
Link
United States of America
Rockville

About CBNK

capital bank, n.a., is a leading private bank in the washington, d.c. metropolitan area that offers a range of services encompassing cash management, commercial lending, consumer credit and residential mortgage/veterans administration home loans. capital bank’s core commercial banking and lending business includes two rankings by the u.s. small business administration (sba), ranked number two among community lenders and in the top ten among all lenders in the washington metropolitan district for loan volume for fiscal year 2014. capital bank was also ranked number 30 in the top 100 community banks in the u.s. for 2014 by snl financial in their annual ranking of best performing community banks between $500 million and $5 billion in assets. with double-digit asset growth over the past three years, capital bank has more than $650 million in assets and is well positioned to fulfill its culture of collaborative partnerships and solutions for area businesses and consumers nationwide. for mor