|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||189.40 - 189.40|
|52-week range||140.00 - 195.00|
|Beta (5Y monthly)||-0.09|
|PE ratio (TTM)||16.10|
|Forward dividend & yield||2.20 (1.16%)|
|Ex-dividend date||12 Aug 2021|
|1y target est||N/A|
WASHINGTON, July 28, 2021--National Capital Bancorp, Inc. (the "Company") (OTC Pink: NACB), the holding company for The National Capital Bank of Washington ("NCB" or the "Bank") reported net income of $1,164,000, or $4.06 per common share, for the three months ended June 30, 2021, compared to net income of $357,000 or $1.25 per common share, for the quarter ended June 30, 2020. For the six months ended June 30, 2021, the Company reported net income of $2,119,000, or $7.40 per share, compared to
National Capital Bancorp, Inc. (the "Company") (OTC Pink: NACB), the holding company for The National Capital Bank of Washington ("NCB" or the "Bank"), announced today that it has completed the private placement of $14 million aggregate principal amount of its 3.75% Fixed-to-Floating Rate Subordinated Notes due 2031 (the "Notes") to certain qualified institutional buyers and accredited investors. The Notes have an initial fixed interest rate of 3.75%, payable semi-annually in arrears. From and including May 15, 2026, the Notes will bear interest at a floating rate per annum equal to a benchmark rate, which is expected to be three-month term SOFR plus 305 basis points for each quarterly interest period during the floating rate period, payable quarterly in arrears.
The National Capital Bank of Washington (NCB) reported net income of $955,000, or $3.34 per common share, for the three months ended March 31, 2021, compared to net income of $238,000 or $0.83 per common share, for the quarter ended March 31, 2020. The prior year quarter included a $584,000 build-up in the Bank’s allowance for loan losses in an aggressive response to the uncertain economic and other factors relating to the COVID-19 pandemic. In addition, the Bank has been an active lender in support of the SBA-guaranteed Paycheck Protection Program (PPP) which has resulted in strong balance sheet growth and improved operating leverage.