Capital Bancorp Inc (OQ:CBNK)

Business Focus: Banks

May 11, 2024 01:12 pm ET

CAPITAL BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Capital Bancorp, Inc. - CBNK

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Capital Bancorp, Inc. (NasdaqGS: CBNK) (“the Company”) and Integrated Financial Holdings, Inc. Under the terms of the proposed transaction, Integrated shareholders will receive, subject to certain adjustments, $5.36 in cash and 1.115 shares of Capital common stock for each share of Integrated common stock. KSF is seeking to determine whether the merger and the process that led to it are adequate and fair to the Company’s shareholders.

May 07, 2024 10:59 am ET

Capital Bank Welcomes Jim Witty as Senior Vice President - Director of Contractor Banking

Capital Bank (NASDAQ: CBNK), a prominent financial institution serving the DC Metro area, is proud to announce the appointment of Jim Witty as Senior Vice President - Director of Contractor Banking. With a commercial banking career spanning over 30...

May 01, 2024 12:30 pm ET

Capital Bank Welcomes Todd Warren as Market Executive for the Greater Chesapeake and Baltimore Regions

Capital Bank (NASDAQ: CBNK) is pleased to announce the appointment of Todd Warren as Senior Vice President and Market Executive for the Greater Chesapeake and Baltimore regions. With over 26 years in banking, Mr. Warren brings invaluable expertise...

Apr 22, 2024 04:10 pm ET

Capital Bancorp, Inc. Reports First Quarter 2024 Results

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $6.6 million, or $0.47 per diluted share, for the first quarter 2024, compared to net income of...

Apr 09, 2024 10:59 pm ET

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CBNK, DOMA, ADTH

NEW YORK, April 9, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Apr 09, 2024 04:58 pm ET

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – DOMA, LABP, FUSN, CBNK

Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New...

Apr 05, 2024 01:00 pm ET

Capital Bank Welcomes Anguel Lindarev as Chief Information Officer

Capital Bank (NASDAQ: CBNK), a leading commercial bank in the DC Metro Region, is pleased to announce the appointment of Anguel Lindarev as Executive Vice President and Chief Information Officer (CIO), effective immediately. With more than 25 years...

Apr 04, 2024 07:22 am ET

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FXNC, CBNK

Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: First National Corporation (NASDAQ:...

Apr 01, 2024 11:08 pm ET

SHAREHOLDER ALERT: Halper Sadeh LLC Continues to Investigate HRT, FXNC, CBNK, DOMA

NEW YORK, April 1, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Apr 01, 2024 10:21 pm ET

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Capital Bancorp, Inc. - CBNK

NEW YORK, April 1, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Capital Bancorp, Inc. (Nasdaq: CBNK), relating to its proposed merger with Integrated Financial Holdings, Inc. Under the terms of the agreement, CBNK shareholders are estimated to receive $5.36 in cash and 1.115 shares of Capital common stock per share they own.

Apr 01, 2024 04:41 pm ET

Kuehn Law Encourages HRT, FXNC, CBNK, and DOMA Investors to Contact Law Firm

NEW YORK, April 1, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies.

Mar 31, 2024 03:00 pm ET

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates DOMA, CBNK, HRT, TAST

Mar 29, 2024 05:31 pm ET

CAPITAL BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Capital Bancorp, Inc. - CBNK

Mar 28, 2024 09:21 am ET

CBNK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Capital Bancorp, Inc. Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Capital Bancorp, Inc. (NASDAQ: CBNK) and Integrated Financial Holdings, Inc. is fair to Capital shareholders. Per the terms of the proposed transaction, Integrated shareholders will, subject to certain adjustments, receive $5.36 in cash and 1.115 shares of Capital common stock for each share of Integrated common stock. Upon closing of the proposed transaction, Capital shareholders will own approximately 84% of the combined company.

Mar 28, 2024 06:45 am ET

Capital Bancorp, Inc. Announces Acquisition of Integrated Financial Holdings, Inc.

Capital Bancorp, Inc. ("CBNK” or “Capital") (NASDAQ: CBNK) and Integrated Financial Holdings, Inc. (“IFH”) (OTCQX: IFHI) today announced that they have entered into a definitive merger agreement under which CBNK will acquire IFH in a cash and stock...

Feb 12, 2024 11:19 am ET

OpenSky® Partners with The Balancing Act® on Lifetime TV to Empower Women Through Financial Wellness

OpenSky®, a division of Capital Bank, N.A., is thrilled to announce their upcoming segment on beloved morning show The Balancing Act®, airing on Lifetime TV February 12th at 7:30am EST + PST. The Balancing Act, hosted by Montel Williams and Olga...

Jan 22, 2024 04:10 pm ET

Capital Bancorp, Inc. Reports Fourth Quarter 2023 Net Income of $9.0 million, or $0.65 per share

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $9.0 million, or $0.65 per diluted share, for the fourth quarter 2023, compared to net income of...

Oct 27, 2023 10:14 am ET

Capital Bank Appoints Jacob Dalaya as Chief Strategy Officer

Capital Bank, acknowledged in American Banker's top performing banks for 2023, is pleased to announce the appointment of Mr. Jacob “Jake” Dalaya as its new Chief Strategy Officer (CSO). With substantial expertise in financial services, particularly...

Oct 23, 2023 04:15 pm ET

Capital Bancorp, Inc. Reports Third Quarter 2023 Net Income of $9.8 million, or $0.70 per share

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $9.8 million, or $0.70 per diluted share, for the third quarter 2023, compared to net income of $7.3...

Aug 29, 2023 01:09 pm ET

UPDATE - Capital Bank Launches New Lender Finance Group

Capital Bank, a prominent commercial bank in the DC Metro Region, proudly announces the creation of its new Lender Finance Group. This addition is an opportunity to provide enhanced term loan and credit facilities opportunities across a variety of...

Aug 29, 2023 09:44 am ET

Capital Bank Launches New Lender Finance Group

Jul 27, 2023 06:00 pm ET

Capital Bancorp, Inc. Continued Deposit and Loan Growth Leads to Strong Net Interest Margin, Declares Quarterly Dividend of $0.08

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $7.3 million, or $0.52 per diluted share, for the second quarter 2023, compared to net income of $9.7...

Jul 14, 2023 05:59 pm ET

Prominent Banking Figure, Mary Ann Scully, Joins Capital Bank’s Board of Directors

Capital Bank, a leading commercial bank in the DC Metro Region, is pleased to announce the appointment of Mary Ann Scully, Dean of the Joseph A. Sellinger, S.J., School of Business and Management at Loyola University Maryland, as the newest member...

Jun 30, 2023 03:00 pm ET

Capital Bank Rises to #5 in American Banker’s Top 20 High-Performing Banks

Capital Bank is proud to announce its position as the No. 5 bank in American Banker’s 2023 annual ranking of the Top 20 High-Performing Banks in the US. This notable ranking is specifically amongst banks with assets ranging from $2 billion to $10...

Jun 13, 2023 04:30 pm ET

Capital Bank Welcomes Jay Walker as CFO, Elevating Strategy and Capital Management Expertise

Capital Bank is delighted to announce the appointment of Jennings “Jay” Walker as the new Chief Financial Officer (CFO) for Capital Bancorp, Inc. and Capital Bank, N.A. With an impressive background in accounting, corporate finance and strategy,...

May 03, 2023 04:43 pm ET

Capital Bancorp Declares Quarterly Cash Dividend of $0.06 per Share

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 May 31, 2023...

Apr 25, 2023 01:33 pm ET

Capital Bank Names Steve Poynot President, Brad Rodier Joins as EVP, Chief Lending Officer

Capital Bank is pleased to announce that Steve Poynot, the Bank’s current Executive Vice President and Chief Operating Officer, has been promoted to the position of President of the Bank. In his new role, Mr. Poynot will have overarching...

Apr 20, 2023 08:54 pm ET

Capital Bancorp, Inc. Stable Margin and Profitable Growth Drives Strong Profitability

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $9.7 million, or $0.68 per diluted share, for the first quarter of 2023, compared to net income of...

Jan 26, 2023 04:28 pm ET

Capital Bancorp Declares Quarterly Cash Dividend of $0.06 Per Share

Jan 25, 2023 05:10 pm ET

CBNK Reports Fourth Quarter 2022 Results and Record Annual Earnings

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $9.0 million, or $0.62 per diluted share, for the fourth quarter of 2022, compared to net income of $10.2...

Nov 15, 2022 03:38 pm ET

Capital Bank, N.A., Selected Again by American Banker as One of the “Best Banks to Work For”

For the fourth year in a row, American Banker named Capital Bank, N.A., one of the “Best Banks to Work For” in the U.S. Capital Bank especially values this honor because of American Banker’s rigorous selection process. The organization conducts...

Oct 26, 2022 04:05 pm ET

Capital Bancorp Declares Quarterly Cash Dividend of $0.06 Per Share

Oct 20, 2022 05:00 pm ET

CBNK Continues Strong Quarterly Earnings Trend

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $11.1 million, or $0.77 per diluted share, for the third quarter of 2022 in-line with the net income of...

Oct 11, 2022 04:45 pm ET

Capital Bank Names Steven M. Poynot as Chief Operating Officer; Karl Dicker to become President of OpenSky® & Fintech

Capital Bank, N.A. (the "Bank"), has named Steven M. Poynot as Chief Operating Officer, effective immediately. “We are thrilled to have Steve join our senior management team,” said Ed Barry, the Bank’s CEO. “His background and experience add to...

Sep 20, 2022 08:45 am ET

Capital Bank Lending Manager Wins American Bankers Association “George Bailey Award”

Capital Bank, N.A., is pleased to announce that Community Lending Branch Manager Lola Pol has won one of the highest awards in the banking industry—the ABA Foundation’s 2022 George Bailey Distinguished Service Award. Named after the community...

Jul 25, 2022 03:02 pm ET

Capital Bancorp Declares Quarterly Cash Dividend of $0.06 per Share and Announces New Stock Repurchase Program

Jul 20, 2022 04:45 pm ET

CBNK Announces Record Quarterly Earnings

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $11.5 million, or $0.80 per diluted share, for the second quarter of 2022 representing 19.3% growth when...

Jun 21, 2022 10:05 am ET

Capital Bank Launches ZRent in Partnership with ZSuite Technologies

Capital Bank, N.A., announced today the addition of ZRent to its already robust portfolio of tech forward solutions in partnership with ZSuite Technologies, Inc. ZRent is a digital platform created by ZSuite Technologies, a leading provider of...

Apr 25, 2022 07:45 am ET

Capital Bancorp Declares Quarterly Cash Dividend of $0.05 per Share

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 $0.05 per share. The dividend is payable on May 25, 2022...

Apr 20, 2022 04:45 pm ET

CBNK Quarterly Earnings Grow 13.7 Percent Year Over Year

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $10.2 million, or $0.71 per diluted share, for the first quarter of 2022. By comparison, net income was $9.0...

Mar 16, 2022 04:23 pm ET

Capital Bank Announces New EVP/CIO to Further Advance its Strategic Digital Goals

Capital Bank, N.A., is pleased to announce the appointment of Sandeep Uthra as the Bank’s Executive Vice President, Chief Information Officer (CIO). The addition of Uthra to the executive team helps further advance Capital Bank’s commitment to...

Mar 03, 2022 08:04 am ET

Capital Bank Drives Clean Energy Initiatives with Montgomery County Green Bank Partnership

Capital Bank, N.A. has a long tradition of supporting the community in Montgomery County, Maryland. Its partnership with Montgomery County Green Bank is no exception. Today, Capital Bank announced a new relationship with Montgomery County Green...

Jan 26, 2022 05:00 pm ET

Capital Bancorp Declares Quarterly Cash Dividend of $0.05 per Share

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 $0.05 per share. The dividend is payable on February 23,...

Jan 26, 2022 04:45 pm ET

CBNK Accelerating Loan Growth Drives Steady Profits and Returns

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $10.2 million, or $0.71 per diluted share, for the fourth quarter of 2021. By comparison, net income was...

Dec 27, 2021 07:45 am ET

Capital Bancorp Announces Board of Director Changes

Capital Bancorp, Inc., (NASDAQ: CBNK) ("Capital" or "Company") the holding company of Capital Bank, N.A. (the "Bank"), continues its proud tradition of strong leadership with the announcement of new board member Jerome Bailey. Bailey is a member of...

Nov 30, 2021 07:55 am ET

Capital Bank, N.A. Expands OpenSky® Card Offering to Consumers

OpenSky®, the digital banking division of Capital Bank, N.A., is pleased to announce the expansion of its product offering with the addition of the OpenSky Visa® Gold Card. The OpenSky Gold Card is an unsecured credit card that complements the...

Nov 12, 2021 08:15 am ET

American Banker Recognizes Capital Bank, N.A., as One of the “Best Banks to Work For” — for Third Consecutive Year

Each year, American Banker surveys employees in financial institutions across the country about their work/employer experience, and considers employer reports on benefits and policies. For the third year in a row, Capital Bank, N.A., earned a spot...

Nov 04, 2021 05:36 pm ET

Capital Bancorp Initiates Cash Dividend of $0.05 per Share

Capital Bancorp, Inc. (NASDAQ: CBNK) (“Company”), the holding company of Capital Bank (“Bank”), announced today that following its third quarter diluted earnings per share of $0.79, the Board of Directors has declared a cash dividend on its common...

Oct 25, 2021 04:24 pm ET

CBNK Robust Loan Growth Drives Record Profits and Returns

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $11.2 million, or $0.79 per diluted share, for the third quarter of 2021. By comparison, net income was $8.4...

Oct 04, 2021 07:42 am ET

Capital Bancorp Named 2021 Bank & Thrift Sm-All Star by Piper Sandler

Capital Bancorp, Inc. (NASDAQ: CBNK), the holding company for Capital Bank, N.A., is pleased to announce that it has been named to the Piper Sandler Bank & Thrift Sm-All Stars for the third consecutive year, being recognized in the Class of 2021....

Jul 27, 2021 05:58 pm ET

Capital Bancorp Initiates Cash Dividend of $0.05 per Share

Capital Bancorp, Inc. (NASDAQ: CBNK) (“Company”), the holding company of Capital Bank (“Bank”) announced today that following its second quarter diluted earnings per share of $0.68, the Board of Directors has declared a cash dividend on its common...

Jul 22, 2021 07:45 am ET

CBNK Reports Diluted EPS of $0.68, ROAA of 1.90%, and ROAE of 22.36% for 2Q2021

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $9.6 million, or $0.68 per diluted share, for the second quarter of 2021. By comparison, net income was $4.8...

Jun 23, 2021 07:15 am ET

Capital Bank, N.A., Honored with 2021 Nintex Solution Innovation Award

Capital Bank, N.A., has been named a 2021 winner of the Nintex Solution Innovation Award in the “Business Continuity” category. Nintex selected Capital Bank for its innovative response in digitally transforming its SBA application process,...

May 20, 2021 11:33 am ET

Capital Bank, N.A., Advancing Its Digital Closing Process for Home Loans

Capital Bank, N.A., is advancing its high-tech human-touch approach with the introduction of an end-to-end digital mortgage application and e-closing experience for its customers of Capital Bank Home Loans. The Bank continues to invest in...

Apr 22, 2021 06:30 am ET

Capital Bancorp Reports First Quarter 2021 Net Income of $9.0 million, or $0.65 per diluted share

Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $9.0 million, or $0.65 per diluted share, for the first quarter of 2021. By comparison, net income was $2.9...

Feb 02, 2021 08:45 am ET

Capital Bancorp Announces Approval of New Stock Repurchase Program

Capital Bancorp, Inc. (the “Company”) (NASDAQ - CBNK), the holding company for Capital Bank, NA, today announced that its Board of Directors has approved a new stock repurchase program, which authorizes the Company to repurchase up to $7.5...

Jan 27, 2021 08:45 am ET

Capital Bancorp Reports Record Quarter and Year to Date Earnings

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $9.7 million, or $0.71 per diluted share, for the fourth quarter of 2020. By comparison, net income was $5.1...

Jan 25, 2021 08:47 am ET

Kathy Curtis Joins Capital Bank Board of Directors

Capital Bank, N.A. Today, Capital Bank is pleased to announce that Kathy Curtis is joining the Capital Bank Board of Directors. Curtis oversaw the development of audit and compliance functions for Capital Bank during a period of extraordinary...

Jan 25, 2021 07:56 am ET

Capital Bancorp Appoints New Board Member

Capital Bancorp, Inc., (NASDAQ: CBNK) (“Bancorp”) the holding company of Capital Bank, N.A., today announced the appointment of Joseph (Jody) A. Greene to its Board of Directors effective January 1, 2021. Following his appointment, the Board’s 11...

Dec 04, 2020 04:05 pm ET

Capital Bancorp Issues $10 Million in Subordinated Notes

Capital Bancorp, Inc. (the “Company”) (NASDAQ - CBNK), the holding company for Capital Bank, NA, today announced the completion of its private placement of $10.0 million of 5.00% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”) to...

Oct 29, 2020 07:55 am ET

Capital Bank, N.A., Named as One of the “Best Banks to Work For” by American Banker — Again

For the second year in a row, American Banker named Capital Bank, N.A., one of the “Best Banks to Work For” in the U.S. Commercial and retail banks are considered for the American Banker accolade after extensive employee surveys and employer...

Oct 28, 2020 07:55 am ET

Capital Bank, N.A. Names Bob Kottler and Casey Berman to Board of Directors

Maryland-based Capital Bank, N.A. is pleased to announce the appointment of Robert M. Kottler and Casey Berman to its Board of Directors. “Bob Kottler is an exceptional complement to our Board as he brings a wealth of experience in the retail and...

Oct 26, 2020 09:00 pm ET

Capital Bancorp Reports Record Quarter and Year to Date Earnings

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $8.4 million, or $0.61 per diluted share, for the third quarter of 2020. By comparison, net income was $4.5...

Oct 02, 2020 07:59 am ET

Capital Bancorp Named 2020 Bank & Thrift Sm-All Star by Piper Sandler

Capital Bancorp, Inc. (NASDAQ: CBNK), the holding company for Capital Bank, N.A. is pleased to announce it has been named to the Piper Sandler Bank & Thrift Sm-All Class of 2020. The Sm-All Stars identifies the top performing small-cap banks and...

Jul 23, 2020 08:35 am ET

Capital Bancorp Reports Second Quarter 2020 Net Income of $4.8 million

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $4.8 million, or $0.34 per diluted share, for the second quarter of 2020. By comparison, net income was...

Jun 03, 2020 11:06 am ET

Capital Bank, N.A., Delivers for Small Businesses, Securing $234 Million in PPP Loans for 1,156 Businesses Around Washington D.C. Metropolitan Area

ROCKVILLE, Md., June 3, 2020 /PRNewswire/ -- In an incredible display of agility, round-the-clock hard work, and dedication to small businesses, Maryland-based Capital Bank, N.A., successfully secured $234 million in federal Paycheck Protection Program (PPP) loans for 1,156 applicants, all but a few of which are in the DMV area.

Apr 30, 2020 07:59 am ET

Capital Bancorp Reports First Quarter 2020 Net Income of $2.9 million

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $2.9 million, or $0.21 per diluted share, for the first quarter of 2020. By comparison, net income was $3.3...

Apr 20, 2020 08:00 am ET

Capital Bank, N.A., Helped Hundreds of DMV Small Businesses Secure $173 Million in PPP Loans

ROCKVILLE, Md., April 20, 2020 /PRNewswire/ -- By the time the federal Paycheck Protection Program (PPP) ran out of money this week, Maryland-based Capital Bank, N.A., had been able to help 597 small-business PPP applicants get Small Business Administration (SBA) authorization for federal aid totaling over $173 million. All but a few of those small businesses are here in the DMV region. The Bank anticipates having the required loan closing and booking details to fund the loans wrapped up in about a week.

Jan 23, 2020 05:11 pm ET

Capital Bancorp Reports Fourth Quarter 2019 Net Income of $5.1 million

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $5.1 million, or $0.36 per diluted share, for the fourth quarter of 2019. By comparison, net income was...

Oct 22, 2019 07:55 am ET

Capital Bancorp Reports Record Third Quarter 2019 Earnings

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $4.5 million, or $0.32 per diluted share, for the third quarter of 2019. By comparison, net income was $3.1...

Sep 26, 2019 08:06 pm ET

Capital Bancorp, Inc. Named in Sandler O'Neill Sm-All Stars Class of 2019

ROCKVILLE, Md., Sept. 26, 2019 /PRNewswire/ -- Capital Bancorp, Inc. (NASDAQ: CBNK), the holding company for Capital Bank, N.A., today announced it has been named one of the top performing small-cap banks and thrifts in the country in the Sandler O'Neill Sm-All Stars Class of 2019.

Sep 05, 2019 07:55 pm ET

Capital Bank Named One of the "Best Banks to Work For" by American Banker.

ROCKVILLE, Md., Sept. 5, 2019 /PRNewswire/ -- Capital Bank, N.A. is pleased to announce that American Banker has named it a top employer in 2019 for the seventh annual survey of the "Best Banks to Work For." Commercial and retail banks are considered for the American Banker accolade after extensive employee surveys and employer reports on benefits and policies.

Jul 24, 2019 07:05 am ET

Capital Bancorp Reports 20% Growth in Earnings for the Second Quarter of 2019

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $4.0 million, or $0.29 per diluted share, for the second quarter of 2019. By comparison, net income was $3.3...

Apr 25, 2019 04:30 pm ET

Capital Bancorp, Inc. Announces Stock Repurchase Program

ROCKVILLE, Md., April 25, 2019 /PRNewswire/ -- Capital Bancorp, Inc. ("CBNK" or the "Company") (NASDAQ: CBNK) today announced that its Board of Directors has authorized a stock repurchase program that enables the Company to repurchase up to $5 million of its outstanding common stock. This program expires on December 31, 2020.

Apr 24, 2019 08:00 am ET

Capital Bancorp Reports Results for the First Quarter of 2019

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $3.3 million, or $0.24 per diluted share, for the first quarter of 2019. By comparison, net income was $3.0...

Apr 22, 2019 05:01 pm ET

Capital Bank Launches New Mortgage Brand; Changing Division Name to Capital Bank Home Loans

ROCKVILLE, Md., April 22, 2019 /PRNewswire/ -- Capital Bank, N.A., the banking subsidiary of Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), today announced it has changed the name of its mortgage business, Church Street Mortgage, to Capital Bank Home Loans. The name change unifies the Company's operations under a set of common corporate values, goals and commitments.

Feb 08, 2019 05:28 pm ET

Capital Bancorp Reports Results for 2018

Capital Bancorp, Inc. (the “Company”) (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the “Bank”), today reported net income of $3.5 million, or $0.25 per diluted share, for the fourth quarter of 2018. In comparison, for the fourth...

Dec 18, 2018 05:00 am ET

Capital Bancorp, Inc. Joins Russell 2000® Index

ROCKVILL, Md., Dec. 18, 2018 /PRNewswire/ -- Capital Bancorp, Inc. (the"Company") (NASDAQ:CBNK), the bank holding company for Capital Bank, National Association (the "Bank"), the eighth largest bank headquartered in Maryland, announced that the company has been added to the Russell 2000® index as a part of their quarterly initial public offering (IPO) additions.

Dec 12, 2018 06:00 am ET

Capital Bank Announces New Board Member

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), holding company for Capital Bank, N.A. (the "Bank"), today announced the appointment of Scott Brannan to its Board of Directors. “We are pleased to welcome Scott Brannan to our Board of...

Oct 25, 2018 04:10 pm ET

Capital Bancorp Reports Results for Third Quarter of 2018

Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $3.1 million, or $0.26 per diluted share, for the third quarter of 2018. In comparison, net income was $2.9...

Sep 28, 2018 10:16 pm ET

Capital Bancorp, Inc. Announces Closing of Initial Public Offering of Common Stock

ROCKVILLE, Md., Sept. 28, 2018 /PRNewswire/ -- Capital Bancorp, Inc. ("Capital" or the "Company"), the bank holding company for Capital Bank, National Association, today announced that it has completed its initial public offering of 2,228,736 shares of its common stock at a price to the public of $12.50 per share, 1,500,000 shares of which were offered by the Company and 728,736 shares of which were offered by certain selling shareholders. Capital's common stock began trading on the Nasdaq Global Select Market on September 26, 2018 under the trading symbol "CBNK."

Sep 26, 2018 08:11 am ET

Capital Bancorp, Inc. Announces Pricing of Initial Public Offering of Common Stock

ROCKVILLE, Md., Sept. 26, 2018 /PRNewswire/ -- Capital Bancorp, Inc. ("Capital" or the "Company"), the bank holding company for Capital Bank, National Association, today announced the pricing of its initial public offering of 2,228,736 shares of its common stock at a public offering price of $12.50 per share. Of the offered shares, 1,500,000 shares are being offered by Capital and 728,736 shares are being offered by selling shareholders. Capital has granted the underwriters a 30-day option to purchase up to an additional 334,310 shares of its common stock. Capital's common stock is expect

Sep 29, 2016 12:30 pm ET

Westfield Financial, Inc. and Chicopee Bancorp, Inc. Shareholders Approve Merger Transaction

WESTFIELD, Mass. and CHICOPEE, Mass., Sept. 29, 2016 (GLOBE NEWSWIRE) -- Westfield Financial, Inc. (“Westfield”) (NasdaqGS: WFD), the holding company for Westfield Bank, and Chicopee Bancorp, Inc. (“Chicopee”) (NASDAQ:CBNK), the holding company for Chicopee Savings Bank, today jointly announced that the shareholders of Chicopee, at its special meeting held on September 28, 2016, and the shareholders of Westfield, at its annual meeting held on September 29, 2016, approved the previously announced merger transaction whereby Chicopee will merge with and into Westfield. Closing of the transac...

Sep 19, 2016 05:00 pm ET

Westfield Financial, Inc. and Chicopee Bancorp, Inc. Receive Federal Reserve and OCC Approval for Merger Transaction

WESTFIELD, Mass. and CHICOPEE, Mass., Sept. 19, 2016 (GLOBE NEWSWIRE) -- Westfield Financial, Inc. (the “Company” or “Westfield”) (Nasdaq:WFD), the holding company for Westfield Bank (the “Bank”) and Chicopee Bancorp, Inc. (“Chicopee”) (NASDAQ:CBNK), the holding company for Chicopee Savings Bank, today jointly announced the Company’s receipt of final regulatory approval from the Board of Governors of the Federal Reserve System and the Bank’s receipt of approval from the Office of the Comptroller of the Currency in connection with the previously announced merger transaction with Chicopee. ...

Jul 22, 2016 03:00 pm ET

Chicopee Bancorp, Inc. Reports Second Quarter Results and Announces Quarterly Cash Dividend of $0.09 per Share

CHICOPEE, Mass., July 22, 2016 (GLOBE NEWSWIRE) -- Chicopee Bancorp, Inc. (the “Company”) (NASDAQ:CBNK), the holding company for Chicopee Savings Bank (the “Bank”), announced the unaudited results of operations for the three and six months ended June 30, 2016....

Apr 12, 2016 01:58 pm ET

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Chicopee Bancorp, Inc. of an Investigation Concerning the Fairness of the Sale of the Company in Exchange for Shares of Westfield -- CBNK

NEW YORK, April 12, 2016 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:

Apr 12, 2016 12:19 pm ET

Ryan & Maniskas, LLP Announces Investigation of Chicopee Bancorp, Inc.

WAYNE, Pa., April 12, 2016 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Chicopee Bancorp, Inc. ("Chicopee" or the "Company") (NASDAQ: CBNK) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Westfield Financial, Inc. in a transaction valued at approximately $110 million.

Apr 06, 2016 03:41 pm ET

Harwood Feffer LLP Announces Investigation of Chicopee Bancorp, Inc.

NEW YORK, April 6, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Chicopee Bancorp, Inc. ("Chicopee" or the "Company") (NASDAQ: CBNK) concerning the proposed acquisition of the Company by Westfield Financial, Inc. ("Westfield").

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Capital Bancorp Inc (OQ:CBNK)

Business Focus: Banks