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Chain Bridge Bancorp (Ticker: CBNA) is a bank holding company that provides online banking services, primarily serving political organizations such as PACs, campaign committees, and other related entities. As of June 30, 2024, the company reported total assets of $1.4 billion.
Chain Bridge Bancorp will list on October 4, 2024, on the NYSE. The firm is offering 1.9 million shares at a price range of $24.00 to $26.00. The expected market capitalization at the offer is $160.0 million. The offering is managed by Piper Sandler, Raymond James, and Hovde Group.