Chain Bridge Bancorp (NYSE:CBNA) Issues Quarterly Earnings Results

Chain Bridge Bancorp (NYSE:CBNA) issued its quarterly earnings data on Tuesday. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.15, Zacks reports.

Chain Bridge Bancorp Trading Up 0.1 %

Shares of CBNA opened at $24.54 on Thursday. The firm has a fifty day moving average price of $24.88. Chain Bridge Bancorp has a twelve month low of $20.10 and a twelve month high of $27.56.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Piper Sandler upped their price target on Chain Bridge Bancorp from $30.00 to $31.00 and gave the stock an “overweight” rating in a report on Wednesday, January 29th. Raymond James reissued a “strong-buy” rating and issued a $34.00 price target (up previously from $29.00) on shares of Chain Bridge Bancorp in a research note on Thursday, January 30th. Finally, Hovde Group started coverage on shares of Chain Bridge Bancorp in a research report on Wednesday, November 20th. They set a “market perform” rating and a $26.00 price objective for the company.

About Chain Bridge Bancorp

Chain Bridge Bancorp, Inc operates as a Delaware-chartered bank holding company for Chain Bridge Bank, National Association that provides commercial and personal banking, and trust services in the United States. Its deposit products include non-interest-bearing and interest-bearing checking accounts, savings accounts, and money market accounts.