earnings
confidence high
sentiment positive
materiality 0.70
Capital Bancorp Q3 net income $8.7M ($0.62 EPS); adjusted EPS $0.66; dividend $0.10
Capital Bancorp Inc
2024-Q3 EPS reported
$1.69
- Net income of $8.7M, up 5.7% QoQ from $8.2M; diluted EPS $0.62 vs $0.59 prior quarter.
- Adjusted net income (excl. merger costs) $9.2M, or $0.66 diluted EPS.
- Net interest income $38.4M, +3.5% QoQ; NIM 6.41%; core NIM (ex-credit card) 4.08%.
- Loans +$85.9M (16.9% annualized); deposits +$85.8M (16.2% annualized); TBV $20.13, +4.5%.
- Completed IFHI merger on Oct 1; Q3 pre-tax merger costs $0.5M; declared $0.10 dividend (payable Nov 20, record Nov 4).