Capital Bank Is a 2015 Best-Performing Bank
Maryland-headquartered bank remains a top performer in the DC metro region and the nation
ROCKVILLE, Md., May 3, 2016 /PRNewswire/ -- Capital Bank, NA, is again recognized as one of the best performing community banks in the nation in their asset class, according to annual rankings by S&P Global Market Intelligence (formerly SNL Financial).
In rankings released at the end of March 2016, Capital Bank performed in the top four percent of all banks in 2015 with assets less than $1 billion (ranking #170 out of 4258 in that category). Performance was ranked using six core financial performance metrics that focused on profitability, asset quality and growth for a 12-month period ending Dec. 31, 2015. With Midwest banks dominating the top rankings, Capital Bank – headquartered in Maryland – remains one of the top-performing banks in the Washington, DC metropolitan region.
"We're a growing financial institution, acting on a philosophy of smart growth," says Ed Barry, CEO of Capital Bank. "This recognition is a nice reward for sound decision-making across the organization."
Commercial banking and diverse non-interest income divisions, alongside a well-capitalized portfolio have allowed for steady growth. Capital Bank has seen a return-on-asset growth of at, or nearly, two times its peer-group averages. Balance sheet and earnings have realized a compounded annual growth rate of 30 percent in the last five years. And, in December 2015, Capital Bancorp, Inc. completed a capital raise of $13.5 million through a private placement with institutional investors. The capital raise was completed in a matter of days, reflecting marketplace validation of Capital Bank's management and performance.
"Capital Bank has created stability for our clients, employees and investors," says Scot Browning, President. "Just as important, we have a forward-thinking approach to finding solutions that create success for all our stakeholders. That's what really drives our growth."
About Capital Bank
Capital Bank, N.A., is a leading private commercial bank in the Washington, D.C. metropolitan area that offers a range of services encompassing cash management, commercial lending, consumer credit and residential mortgage/Veterans Administration home loans. With double-digit asset growth over the past three years, Capital Bank has more than $770 million in assets and is well positioned to fulfill its culture of collaborative partnerships and solutions for area businesses and consumers nationwide. For more information, visit https://capitalbankmd.com
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Media Contact:
Ksenia Valentine
301-468-8848 ext. 1272
SOURCE Capital Bank N.A.
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