Capital Bancorp: Q2 Earnings Snapshot
ROCKVILLE, Md. (AP) _ Capital Bancorp, Inc. (CBNK) on Wednesday reported second-quarter earnings of $11.5 million.
The Rockville, Maryland-based bank said it had earnings of 80 cents per share.
The company posted revenue of $44.9 million in the period. Its revenue net of interest expense was $43.8 million, topping Street forecasts.
Capital Bancorp shares have dropped 16% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $21.93, a rise of nearly 10% in the last 12 months.