Key Points
- Director Leigh-Alexandra Basha bought 400 shares on March 6 at an average price of $35.04 for a total of $14,016, raising her ownership to 1,200 shares (a 50% increase), as disclosed in an SEC filing.
- Chain Bridge Bancorp reported a quarterly EPS of $0.81 (vs. $0.79 est.) and revenue of $14.7M (vs. $13.66M est.), with the stock trading up about 1.5%, a market cap of $230.9M, and a 12‑month range of $20.01–$38.42.
- Analysts have pared back expectations—Raymond James cut to "market perform" and Weiss reiterated a "sell"—leaving the stock with an average MarketBeat rating of "Reduce" and an average target price of $33.00.
Chain Bridge Bancorp, Inc. (NYSE:CBNA - Get Free Report) Director Leigh-Alexandra Basha bought 400 shares of the stock in a transaction dated Friday, March 6th. The stock was purchased at an average price of $35.04 per share, with a total value of $14,016.00. Following the purchase, the director owned 1,200 shares in the company, valued at $42,048. This trade represents a 50.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Chain Bridge Bancorp Trading Up 1.5%
Shares of NYSE:CBNA opened at $35.19 on Wednesday. Chain Bridge Bancorp, Inc. has a 12-month low of $20.01 and a 12-month high of $38.42. The stock has a market capitalization of $230.88 million, a price-to-earnings ratio of 11.42 and a beta of 0.54. The stock has a fifty day simple moving average of $34.82 and a two-hundred day simple moving average of $32.97.
Chain Bridge Bancorp (NYSE:CBNA - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.02. The firm had revenue of $14.70 million during the quarter, compared to the consensus estimate of $13.66 million. Chain Bridge Bancorp had a return on equity of 12.88% and a net margin of 34.11%. As a group, equities research analysts predict that Chain Bridge Bancorp, Inc. will post 2.22 EPS for the current year.
Analyst Ratings Changes
CBNA has been the topic of several analyst reports. Raymond James Financial downgraded shares of Chain Bridge Bancorp from a "strong-buy" rating to a "market perform" rating in a research note on Wednesday, January 7th. Weiss Ratings reiterated a "sell (d)" rating on shares of Chain Bridge Bancorp in a research note on Monday, December 29th. Finally, Zacks Research upgraded Chain Bridge Bancorp from a "strong sell" rating to a "hold" rating in a research note on Wednesday, January 28th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and an average target price of $33.00.
View Our Latest Analysis on Chain Bridge Bancorp
Hedge Funds Weigh In On Chain Bridge Bancorp
Several hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp increased its position in Chain Bridge Bancorp by 2.2% during the fourth quarter. State Street Corp now owns 18,889 shares of the company's stock valued at $654,000 after acquiring an additional 400 shares during the last quarter. Barclays PLC lifted its stake in shares of Chain Bridge Bancorp by 9.1% in the 4th quarter. Barclays PLC now owns 6,303 shares of the company's stock worth $218,000 after purchasing an additional 525 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Chain Bridge Bancorp by 49.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,449 shares of the company's stock worth $85,000 after buying an additional 815 shares during the last quarter. JPMorgan Chase & Co. bought a new position in Chain Bridge Bancorp in the 2nd quarter worth $29,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Chain Bridge Bancorp during the second quarter valued at $33,000.
About Chain Bridge Bancorp
(
Get Free Report)
Chain Bridge Bancorp, Inc (NYSE: CBNA) is the bank holding company for Chain Bridge Bank, a full-service community commercial bank headquartered in Oakton, Virginia. Founded in 1999, the company is focused on serving small- and middle-market businesses, professional firms and individual clients throughout the Washington, DC metropolitan area.
Through its subsidiary, Chain Bridge Bank provides a comprehensive suite of deposit products, including checking, savings and money market accounts, as well as time deposits.
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