Exhibit 99.1

CAPE BANCORP, INC. REPORTS

FOURTH QUARTER and ANNUAL 2013 RESULTS

Cape May Court House, New Jersey, January 31, 2014—Cape Bancorp, Inc. (“Cape Bancorp” or the “Company”) (NASDAQ: “CBNJ”), the parent company of Cape Bank, announces its operating results for the fourth quarter and year ended December 31, 2013.

Cape Bancorp reported net income of $552,000, or $0.06 per common share and $0.05 per fully diluted share for the quarter ended December 31, 2013, and $5.6 million, or $0.47 per common share and $0.46 per fully diluted share for the year ended December 31, 2013. This compares to net income of $460,000, or $0.04 per common and fully diluted share for the fourth quarter of 2012, and net income of $4.6 million, or $0.37 per common and fully diluted share for the year ended December 31, 2012.

On January 20, 2014, the Board of Directors declared a cash dividend of $0.06 per common share to shareholders of record as of the close of business February 3, 2014. The dividend is expected to be paid on February 17, 2014.

Michael D. Devlin, President and Chief Executive Officer of Cape Bancorp and Cape Bank, provided the following statement:

“The year 2013 was a very successful transitional year for Cape Bank. Net income increased by $1.0 million to $5.6 million, a 22% increase over the previous twelve month period. Income was not the only area of improvement. Total assets grew by 5% and total loans grew by 9%—the result of the strong pipeline reported throughout the year. The net interest margin held steady at 3.76%.

“There were additional positive developments. The Bank successfully introduced and consummated two stock repurchase programs of 5%, fulfilling goals to more effectively manage the Bank’s capital. This led to an improvement in both earnings per share and tangible book value, which ended the year at $9.75. Prompted by the “’Volcker Rule,’” Cape also opted to sell its remaining Trust Preferred securities. While a loss of $851,000 was incurred, management believed the timing was right to exit this asset class.

“The balance sheet also reflects improving trends in troubled credits. Non-performing loans to total gross loans fell below one percent to end the year at 0.93%. The broader gauge of non-performing assets to total assets also improved to 1.35%, down from 2.61% at year-end 2012.

“Management also made the difficult decision to exit the residential mortgage loan origination business. This had been an important business segment for most of our 90 year history, but management believed changes within the industry required a scale of operations that we would not be able to profitably deliver. Further, we believe that exiting this business segment will serve to improve Interest Rate Risk management and we expect to realize a reduction in operating expenses in 2014.

“It appears that the improvements at the Bank did not go unnoticed. The stock price ended the year at $10.16, a 17% improvement over 2012. As we enter 2014, we anticipate benefiting from this stronger base and continuing with our improving trends.”

Cape Bancorp’s total assets at December 31, 2013 totaled $1.093 billion, an increase of $52.0 million from the December 31, 2012 level of $1.041 million.

Total net loans increased $65.7 million, or 9.2%, to $780.1 million at December 31, 2013, from $714.4 million at December 31, 2012. This change resulted primarily from increases in commercial loans of $44.6 million and mortgage loans of $22.7 million. Consumer loans declined $2.1 million. The allowance for loan losses totaled 1.18% of gross loans and 127.05% of non-performing loans at December 31, 2013. The Company’s adversely classified asset coverage ratio (defined as adversely classified assets divided by tier one capital plus allowance for loan losses) at December 31, 2013 was 27% compared to 30% at December 31, 2012.

At December 31, 2013, the Company had $7.3 million in non-performing loans, or 0.93% of total gross loans, a significant decrease from 2.67% of total gross loans at December 31, 2012. Included in non-performing loans are troubled debt restructurings totaling $881,000 at December 31, 2013 and $3.5 million at December 31, 2012, respectively.

OREO increased $228,000 from $7.2 million at December 31, 2012 to $7.4 million at December 31, 2013, and consisted at December 31, 2013 of eleven commercial properties and twenty-three residential properties (including fifteen building lots). During the quarter ended December 31, 2013, the Company added one commercial property and three residential properties to OREO with aggregate carrying values of $380,000 and $587,000, respectively. Two commercial OREO properties and five residential OREO properties (including three building lots) with aggregate carrying values totaling $895,000 were sold during the quarter ended December 31, 2013 with recognized net gains of $24,000. For the year ended December 31, 2013, the Company sold twenty-one residential OREO properties (including twelve building lots) and ten commercial OREO properties with aggregate carrying values totaling $5.7 million with recognized net gains totaling $81,000. Currently, the Company has agreements of sale for fourteen OREO properties (including eight building lots) with an aggregate carrying value totaling $2.6 million. In addition, in the first quarter of 2014, the Company has sold two residential OREO properties with a carrying value of $179,000.

At December 31, 2013, Cape Bancorp’s core deposits totaled $526.5 million which represented a decrease of $15.9 million from the December 31, 2012 level of $542.4 million. Interest-bearing checking accounts increased $24.5 million, while non-interest bearing checking accounts decreased $3.0 million, money market deposit accounts decreased $37.3 million and savings accounts decreased $131,000. Certificates of deposit totaled $269.2 million at December 31, 2013, an increase of $30.6 million from December 31, 2012 reflecting an increase in brokered deposits of $13.5 million. At December 31, 2013, deposits totaled $798.4 million compared to $784.6 million at December 31, 2012, an increase of $13.8 million.

Cape Bancorp’s total equity decreased $10.4 million to $140.4 million at December 31, 2013 from $150.8 million at December 31, 2012 primarily resulting from a $12.0 million decrease related to the Company’s stock repurchase programs and an increase of $2.3 million in the accumulated other comprehensive loss, partially offset by a net increase of $3.1 million (earnings less dividends declared) in retained earnings. Tangible equity to tangible assets decreased to 10.99% at December 31, 2013 compared to 12.57% at December 31, 2012. At December 31, 2013, Cape Bank’s regulatory capital ratios for Tier I Leverage Ratio, Tier I Risk-Based Capital and Total Risk-Based Capital were 9.53%, 13.07% and 14.29%, respectively, all of which exceed well capitalized status.

The following are significant factors which contributed to the operating results of the comparative quarters and year-to-date:

CAPE BANCORP CONSOLIDATED

SELECTED FINANCIAL DATA

(unaudited)

Cape Bancorp, Inc.

Delinquency Summary

NOTE: Excluded from the table above are $1.6 million of commercial loans classified as Loans Held for Sale all of which are over 90 days delinquent.

For further information contact Michael D. Devlin, President and Chief Executive Officer or Guy Hackney, Chief Financial Officer, Cape Bancorp: (609) 465-5600.

Forward Looking Statements

This press release discusses primarily historical information. However, certain statements contained herein are “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward looking statements may be identified by reference to a future period or periods, or by the use of forward looking terminology, such as “may,” “will,” “believe,” “expect,” “estimate,” “anticipate,” “continue,” or similar terms or variations on those terms, or the negative of those terms. Forward looking statements are subject to numerous risks, as described in our SEC filings, and uncertainties, including, but not limited to, those related to the economic environment, particularly in the market areas in which the Company operated, competitive products and pricing, fiscal and monetary policies of the U.S. Government, changes in government regulations affecting financial institutions, including regulatory fees and capital requirements, changes in prevailing interest rates, acquisitions and the integration of acquired businesses, credit risk management, asset-liability management, the financial and securities markets and the availability of and costs associated with sources of liquidity.

The Company wishes to caution readers not to place undue reliance on any such forward looking statements, which speak only as of the date made. The Company wishes to advise readers that the factors listed above could affect the Company’s financial performance and could cause the Company’s actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. The Company does not undertake and specifically declines any obligation to publicly release the results of any revisions, which may be made to any forward looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

Further information on factors that could affect Cape Bancorp’s financial results can be found in the filings listed below with the Securities and Exchange Commission.