Capital Bancorp and Integrated Financial Holdings Announce Receipt of All Required Approvals for Merger
Capital Bancorp, Inc. (CBNK)
Last capital bancorp, inc. earnings: 4/30 07:59 am
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US:NASDAQ Investor Relations:
westfieldbank.com/about/news-community-events/merger-press-release
Company Research
Source: GlobeNewswire
ROCKVILLE, Md., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK), the holding company for Capital Bank N.A., and Integrated Financial Holdings, Inc. (“IFH”), the holding company for West Town Bank & Trust and Windsor Advantage, announced today the receipt of regulatory approval from the Office of the Comptroller of the Currency (OCC) for the proposed merger of IFH with and into CBNK. CBNK previously announced that it has also received approval from the Federal Reserve Bank of Richmond, acting on delegated authority from the Board of Governors of the Federal Reserve System, for the merger. The merger, which was announced March 28, 2024, was also approved by the shareholders of both CBNK and IFH on August 15, 2024. The parties have now received all required approvals necessary to consummate the merger, which remains subject to other customary closing conditions. Assuming the conditions are satisfied, CBNK and IFH are expected to complete the merger early in th
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News
- This Capital Bancorp Insider Increased Their Holding By 17% Last Year [Yahoo! Finance]Yahoo! Finance
- Integrated Financial Holdings, Inc. Second Quarter Financial Results [Yahoo! Finance]Yahoo! Finance
- 1st Capital Bancorp Announces Second Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Capital Bancorp (NASDAQ:CBNK) Is Paying Out A Larger Dividend Than Last Year [Yahoo! Finance]Yahoo! Finance
- Capital Bancorp, Inc. (NASDAQ: CBNK) had its price target raised by analysts at Hovde Group from $26.00 to $28.00. They now have an "outperform" rating on the stock.MarketBeat
CBNK
Earnings
- 7/22/24 - Miss
CBNK
Sec Filings
- 9/9/24 - Form 4
- 9/5/24 - Form 8-K
- 8/16/24 - Form 8-K
- CBNK's page on the SEC website