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Capital Bancorp Declares Quarterly Cash Dividend of $0.06 Per Share

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ROCKVILLE, Md., Jan. 26, 2023 (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 $0.06 per share. The dividend is payable on February 22, 2023 to shareholders of record as of February 6, 2023.

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 December 31, 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 $2.1 billion at December 31, 2022 and its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.” More information can be found at the Company's website www.CapitalBankMD.com under its investor relations page.

FINANCIAL CONTACT: Alan Jackson (240) 283-0402

MEDIA CONTACT: Ed Barry (240) 283-1912


Capital Bancorp, Inc.

NASDAQ:CBNK

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277.51M
9.04M
32.17%
32.51%
0.3%
Commercial Banking
Finance and Insurance
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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