Capital Bancorp, Inc. operates as the bank holding company for Capital Bank, N.A. that provides various banking products and services to businesses, not-for-profit associations, and entrepreneurs in Maryland, Virginia, and the District of Columbia. It operates through four divisions: Commercial Banking, Capital Bank Home Loans, OpenSky, Windsor Advantage. The company offers a range of deposit products, including checking and savings, time, interest bearing and noninterest-bearing demand, and money market accounts, as well as certificates of deposit; and secured, partially secured, and unsecured credit cards. It also originates residential mortgages; issues trust preferred securities; and provides residential and commercial real estate, construction, and commercial and industrial loans; servicing, processing, and packaging of Small Business Administration and U.S. Department of Agriculture loans; as well as other consumer loans, such as term loans, car loans, and boat loans to small to medium-sized businesses, professionals, real estate investors, small residential builders and individuals, and financial institution clients, including Capital Bank. Capital Bancorp, Inc. was founded in 1974 and is headquartered in Rockville, Maryland.
Strategic Acquisition | Capital Bancorp's acquisition of IFHI aims to diversify revenue streams and strengthen its commercial and industrial business segment, potentially enhancing profitability. |
Financial Projections | Analysts forecast a 1.5% ROA and 14% ROTCE for Capital Bancorp in 2025, with upward revisions to EPS estimates for 2024 and 2025 following Q1 2024 results. |
Valuation Insights | CBNK trades at 1.1x tangible book value and 7-8.8x estimated 2024 EPS, with an average price target of $25, suggesting potential upside for investors. |
Integration Challenges | Explore the complexities of merging CBNK and IFHI's distinct business models, and how successful integration could drive future growth and market position. |
Metrics to compare | CBNK | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipCBNKPeersSector | |
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P/E Ratio | 12.1x | 10.7x | 9.5x | |
PEG Ratio | 1.07 | 0.12 | 0.03 | |
Price/Book | 1.4x | 0.9x | 1.0x | |
Price / LTM Sales | 2.5x | 2.5x | 2.8x | |
Upside (Analyst Target) | 22.1% | 27.5% | 13.1% | |
Fair Value Upside | Unlock | −1.2% | 2.3% | Unlock |