Capital Bancorp Declares Quarterly Cash Dividend of $0.06 Per Share
Capital Bancorp, Inc. (NASDAQ: CBNK) has declared a cash dividend of $0.06 per share on its common stock, payable on November 23, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Capital Bancorp, Inc. (NASDAQ: CBNK) has declared a cash dividend of $0.06 per share on its common stock, payable on November 23, 2022. Shareholders of record as of November 7, 2022 will receive this dividend. The company, based in Rockville, Maryland, operates Capital Bank, which is the fourth largest bank in Maryland with assets of approximately $2.0 billion as of September 30, 2022. Capital Bancorp has been delivering financial services since 1999.
Positive
- Dividend of $0.06 per share enhances shareholder income.
- Strong asset base of approximately $2.0 billion indicates financial stability.
- Company's long history since 1999 reflects established market presence.
Negative
- None.
Details
News Market Reaction – CBNK
The recorded move for CBNK in the trading session of this news was -0.53%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ROCKVILLE, Md., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK) (“Company”), the holding company of Capital Bank (“Bank”), announced today that its Board of Directors has declared a cash dividend on its common stock of
ABOUT CAPITAL BANCORP, INC.
Capital Bancorp, Inc., Rockville, Maryland is a registered bank holding company incorporated under the laws of Maryland. The Company’s wholly-owned subsidiary, Capital Bank, N.A., is the fourth largest bank headquartered in Maryland at September 30, 2022. Capital Bancorp has been providing financial services since 1999 and now operates bank branches in five locations in the greater Washington, D.C. and Baltimore, Maryland markets. Capital Bancorp had assets of approximately
FINANCIAL CONTACT: Alan Jackson (240) 283-0402
MEDIA CONTACT: Ed Barry (240) 283-1912
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