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CBNK News and Press, Capital Bancorp Inc. From 08/10/20

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Company Name: Capital Bancorp Inc.
Stock Symbol: CBNK
Market: NASDAQ
Website: capitalbankmd.com

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CBNK - Capital Bank, N.A., Announces Enhanced Online & Mobile Banking Convenience for Small-to-Medium Businesses

ROCKVILLE, Md. , Aug. 10, 2020 /PRNewswire/ -- Leveraging its award-winning in-house technology development team, Rockville, Maryland -based Capital Bank, N.A. , has upgraded their digital banking platform which integrates mobile convenience and cash management functionality that helps ...

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

Record 64% growth in OpenSky ® Credit Cards accounts drove a $47.2 million increase in noninterest bearing secured credit card deposits Record Mortgage Loan Originations of $315.2 million and record Mortgage Banking Revenue of $10.1 million Increase in Net Income Suppo...

CBNK - 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...

CBNK - It's A Good Time To Be A Local Bank

The recently passed Paycheck Protection Program along with other SBA loans are turning out to be a boon for small banks. With a massive need for them and loan forgiveness available, many banks are issuing loans at a faster rate than at any period in their history. Community banks are best posi...

CBNK - Capital Bancorp EPS misses by $0.06, beats on revenue

Capital Bancorp (NASDAQ: CBNK ): Q1 GAAP EPS of $0.21 misses by $0.06 . More news on: Capital Bancorp, Inc., Earnings news and commentary, Financial stocks news, , Read more ...

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

Net Interest Margin of 5.16% with stable commercial loan yields Increased Noninterest Bearing Deposits by $71.6 million from prior quarter to 27.9% of total deposits Record 43 thousand OpenSky ® Credit Cards opened Robust capital with a Common Equity Tier 1 ratio ...

CBNK - 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...

CBNK - Capital Bancorp Announces Executive Changes at Capital Bank, N.A.

ROCKVILLE, Md. , Feb. 25, 2020 /PRNewswire/ -- Capital Bancorp, Inc. (NASDAQ: CBNK) announced executive changes at Capital Bank, N.A. Two long-time Capital Bank executives are departing the Bank, one for retirement, the other to pursue an exciting entrepreneurial opportunity outside of th...

CBNK - Capital Bancorp EPS beats by $0.05, beats on revenue

Capital Bancorp (NASDAQ: CBNK ): Q4 GAAP EPS of $0.36 beats by $0.05 . More news on: Capital Bancorp, Inc., Earnings news and commentary, Financial stocks news, , Read more ...

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

ROCKVILLE, Md., Jan. 23, 2020 (GLOBE NEWSWIRE) -- 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 in...

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