Capital Bancorp: Q2 Earnings Snapshot
In this article:
ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Capital Bancorp, Inc. (CBNK) on Thursday reported second-quarter earnings of $7.3 million.
The bank, based in Rockville, Maryland, said it had earnings of 52 cents per share.
The company posted revenue of $51.8 million in the period. Its revenue net of interest expense was $42 million, which missed Street forecasts.
Capital Bancorp shares have fallen 12% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $20.71, a decrease of 14% in the last 12 months.
_____
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
