Capital Bancorp (NASDAQ:CBNK)'s stock soared to an all-time high this week, reaching a price level of $30.35. The impressive milestone reflects a significant growth trajectory for the company, which has seen its stock value climb by 34% over the past year. With a market capitalization of $500 million and a P/E ratio of 12.8, the bank shows strong fundamentals. According to InvestingPro, the stock appears slightly undervalued based on its Fair Value analysis. Investors have shown increasing confidence in Capital Bancorp's business model and future prospects, as evidenced by the stock's robust performance and the company's ability to consistently push the boundaries of its 52-week high. This all-time high serves as a testament to Capital Bancorp's strong financial health, earning a "GOOD" overall health score from InvestingPro, which also highlights eight additional key insights about the company's performance and outlook. The positive sentiment is further supported by the company's impressive 25% dividend growth and favorable analyst consensus.
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