Chain Bridge Bancorp, Inc.
Description
Chain Bridge Bancorp, Inc. operates as a bank holding company for Chain Bridge Bank, N.A., that provides commercial and personal banking services in the United States. The company offers deposits, treasury management, payments, loans, commercial lending, residential mortgage financing, consumer loans, trusts and estate administration, wealth management, and asset custody services. Its deposit products include non-interest-bearing and interest-bearing checking accounts, savings accounts, and money market accounts. The company's loan portfolio comprises of residential and commercial real estate loans, commercial loans, and consumer loans. Chain Bridge Bancorp, Inc. was incorporated in 2006 and is headquartered in McLean, Virginia.
About
CEO
Mr. John J. Brough II, M.B.A.
Employees
84
Instrument type
Common Stock
Sector
Financial Services
Industry
Banks - Regional
MIC code
XNYS
Address
1445-A Laughlin Avenue, McLean, VA 22101, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Jan 29, 2025 | 0.55 | 0.59 | 0.04 | 7.27% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Dec 2025)
|
Next Year
(Dec 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 2 | 2 | 2 | 3 |
| Average estimate | 0.48 | 0.50 | 2.22 | 3.63 |
| Low estimate | 0.41 | 0.44 | 1.84 | 2.71 |
| High estimate | 0.55 | 0.55 | 2.60 | 5.40 |
| Last year EPS | — | — | 4.17 | 2.22 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
—
Next qtr. (Jun 2025)
—
Current year (Dec 2025)
-46.760%
Next year (Dec 2026)
63.360%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Analyst Ratings
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| Jan 30, 2025 |
Raymond James
Steve Moss
|
Reiterates | Strong Buy | ▲ Raises $29 → $34 |
| Jan 29, 2025 |
Piper Sandler
Mark Fitzgibbon
|
Maintains | Overweight | ▲ Raises $30 → $31 |
| Nov 20, 2024 |
Hovde Group
David Bishop
|
Initiates | Market Perform | Announces $26 |
| Oct 30, 2024 |
Piper Sandler
Mark Fitzgibbon
|
Maintains | Overweight | ▲ Raises $27 → $28 |
| Oct 29, 2024 |
Piper Sandler
Mark Fitzgibbon
|
Initiates | Overweight | Announces $27 |
| Oct 29, 2024 |
Raymond James
Steve Moss
|
Initiates | Strong Buy | Announces $29 |
Income statement
| 2023 | |
|---|---|
| Fiscal date | 2023-12-31 |
| Total reported revenue | 31.02M |
| Cost of revenue | — |
| Gross profit | — |
| Operating expense | |
| Research & development | — |
| Selling general and admin | 13.78M |
| Other operating expenses | — |
| Operating income | — |
| Non operating interest income | |
| Income | — |
| Expense | — |
| Other income expense | — |
| Pretax income | 10.91M |
| Tax provision | 2.08M |
| Net income | 8.83M |
| Basic EPS | 1.38 |
| Diluted EPS | 1.38 |
| Basic average shares | 6.42M |
| Diluted average shares | 6.42M |
| EBITDA | — |
| Net income from continuing op. | 8.83M |
| Minority interests | — |
| Preferred stock dividends | — |
Balance sheet
| 2023 | 2022 | |
|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 |
| Total assets | — | — |
| Current assets | ||
| Cash | 6.04M | 6.77M |
| Cash equivalents | — | — |
| Cash and cash equivalents | 316.77M | 98.66M |
| Other short term investments | 97.30M | 279.60M |
| Accounts receivable | 4.35M | 4.31M |
| Other receivables | — | — |
| Inventory | — | — |
| Prepaid assets | — | — |
| Restricted cash | — | — |
| Assets held for sale | — | — |
| Hedging assets | — | — |
| Other current assets | — | — |
| Non current assets | ||
| Properties | — | — |
| Land and improvements | 2.26M | 2.26M |
| Machinery furniture equipment | 2.28M | 2.10M |
| Construction in progress | 464,000 | 394,000 |
| Leases | — | — |
| Accumulated depreciation | -6.79M | -6.30M |
| Goodwill | — | — |
| Investment properties | — | — |
| Financial assets | — | — |
| Intangible assets | — | — |
| Investments and advances | 566.68M | 592.65M |
| Other non current assets | — | — |
| Total liabilities | — | — |
| Current liabilities | ||
| Accounts payable | 61,000 | 20,000 |
| Accrued expenses | — | — |
| Short term debt | 5.00M | 5.00M |
| Deferred revenue | — | — |
| Tax payable | — | — |
| Pensions | — | — |
| Other current liabilities | — | — |
| Non current liabilities | ||
| Long term debt | — | — |
| Provision for risks and charges | — | — |
| Deferred liabilities | — | — |
| Derivative product liabilities | — | — |
| Other non current liabilities | — | — |
| Shareholders equity | ||
| Common stock | 27,000 | 27,000 |
| Retained earnings | 56.69M | 48.12M |
| Other shareholders equity | -11.57M | -17.65M |
| Total shareholders equity | 83.44M | 68.78M |
| Additional paid in capital | 38.28M | 38.28M |
| Treasury stock | — | — |
| Minority interest | — | — |
Cash flow statement
| 2023 | |
|---|---|
| Operating Activities | |
| Net Income | 8.83M |
| Depreciation | 491,000 |
| Deferred Taxes | -99,000 |
| Stock-Based Compensation | — |
| Other Non-Cash Items | 12,000 |
| Accounts Receivable | 170,000 |
| Accounts Payable | 793,000 |
| Other Assets & Liabilities | — |
| Operating Cash Flow | 10.20M |
| Investing Activities | |
| Capital Expenditures | -269,000 |
| Net Intangibles | — |
| Net Acquisitions | — |
| Purchase of Investments | -23.40M |
| Sale of Investments | 53.97M |
| Investing Cash Flow | 30.17M |
| Financing Activities | |
| Long-Term Debt Issuance | — |
| Long-Term Debt Payments | — |
| Other Financing Charges | — |
| Financing Cash Flow | — |
| Other Cash Details | |
| End Cash Position | 316.77M |
| Income Tax Paid | 2.05M |
| Interest Paid | 4.01M |
| Free Cash Flow | 12.54M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Nuveen Investment Trust-Nuveen Small Cap Value Opportunities Fund | Nov 30, 2024 | 121,189 | 2.98M | 4.49% |
| Caldwell & Orkin Gator Capital Long/Short Fund | Dec 31, 2024 | 24,800 | 609,087 | 0.92% |
Article
Chain Bridge Bancorp, Inc. Reports Fourth Quarter 2024 and Full Year 2024 Financial Results
MCLEAN, Va.--(BUSINESS WIRE)--Chain Bridge Bancorp, Inc. (NYSE: CBNA) (the “Company”), the holding company for Chain Bridge Bank, N.A. (the “Bank”), today announced financial results for the fourth quarter of 2024 and the twelve months ended December 31, 2024. Peter G. Fitzgerald, Chairman of Chain Bridge Bancorp, Inc., commented: “The fourth quarter of 2024 included our initial public offering in October 2024, the first by a U.S. banking institution in over two years. This milestone reflects o.
Business Wire
Neutral
Jan 28, 2025
Article
Chain Bridge Bancorp, Inc. Commemorates Initial Public Offering with NYSE Bell Ringing
Founder-Led Bank Holding Company Completes First Banking Institution IPO in Over Two Years NEW YORK , Dec. 6, 2024 /PRNewswire/ -- Chain Bridge Bancorp, Inc. (NYSE: CBNA) (the "Company"), the registered bank holding company for Chain Bridge Bank, N.A., will commemorate its listing on the New York Stock Exchange by ringing The Closing Bell® today.
PRNewsWire
Neutral
Dec 6, 2024
Article
Chain Bridge Bancorp, Inc. Reports Third Quarter 2024 and Year-to-Date Financial Results
MCLEAN, Va. , Oct. 29, 2024 /PRNewswire/ -- Chain Bridge Bancorp, Inc. (NYSE: CBNA) (the "Company"), the holding company for Chain Bridge Bank, N.A.
PRNewsWire
Neutral
Oct 29, 2024