earnings
confidence high
sentiment positive
materiality 0.85
Chain Bridge Bancorp Q4 net income $3.7M, EPS $0.59; full-year EPS $4.17 up 116% YoY
CHAIN BRIDGE BANCORP INC
2024-FY EPS reported
$4.17
- Full year 2024 net income $20.9M vs $8.8M in 2023; EPS $4.17 vs $1.93.
- Q4 net income $3.7M ($0.59 EPS) vs $7.5M in Q3 2024 and $3.3M in Q4 2023.
- Completed IPO in Q4, issuing 1,992,897 shares with net proceeds of $36.5M.
- Total deposits $1.2B at Dec 31, down from $1.4B at Sep 30 due to post-election political outflows.
- Non-performing assets remained at 0.00%; Tier 1 leverage ratio improved to 11.48%.