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Capital Bancorp, Inc. Announces Acquisition of Integrated Financial Holdings, Inc.

Benzinga

("IFH") (OTCQX: IFHI ) today announced that they have entered into a definitive merger agreement under which CBNK will acquire IFH in a cash and stock transaction valued at $66 million, exclusive of the value of a dividend to be received by IFH shareholders at or immediately prior to closing. and Capital Bank.

Banking 40
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Market Resilience or Investors In Denial? A Mid-year Assessment for 2023!

Musings on Markets

In 2022, old-time value investors felt vindicated, as the damage that year was inflicted on the highest growth companies, especially in technology. After the run up in stock prices in the first six months, stocks look fairly valued, given estimated earnings and cash flows, and assuming that long term rates have found their steady state.