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ROCKVILLE, Md. (AP) _ Capital Bancorp, Inc. (CBNK) on Wednesday reported fourth-quarter profit of $9.7 million.
The bank, based in Rockville, Maryland, said it had earnings of 71 cents per share.
The company posted revenue of $47.8 million in the period. Its revenue net of interest expense was $45.2 million, exceeding Street forecasts.
For the year, the company reported profit of $25.8 million, or $1.87 per share. Revenue was reported as $145.1 million.
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Capital Bancorp shares have climbed 1.5% since the beginning of the year. The stock has increased nearly 2% 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
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