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Capital Bancorp: Q1 Earnings Snapshot

By AP News - Apr 28, 2025, 05:30 PM ET
Last Updated - Apr 28, 2025, 05:30 PM EDT
Capital Bancorp: Q1 Earnings Snapshot

ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Capital Bancorp, Inc. (CBNK) on Monday reported first-quarter earnings of $13.9 million.

The Rockville, Maryland-based bank said it had earnings of 82 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 88 cents per share.

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The company posted revenue of $75.3 million in the period. Its revenue net of interest expense was $58.6 million, exceeding Street forecasts.

Capital Bancorp shares have dropped nearly 1% since the beginning of the year. In the final minutes of trading on Monday, shares hit $28.28, an increase of 44% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBNK at https://www.zacks.com/ap/CBNK

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