EX-23.5 7 ex235.txt CONSENT OF STIFEL, NICOLAUS & COMPANY Exhibit 23.5 December 27, 2001 Capitol Bancorp Limited 200 Washington Square North, Fourth Floor Lansing, Michigan 48933 RE: SUN COMMUNITY BANCORP LIMITED Ladies and Gentlemen: Stifel Nicolaus & Company, Incorporated hereby consents to your including a copy of the fairness opinion in the proxy statement/prospectus with regards to Sun Community Bancorp Limited and to the reference to this firm in the proxy statement/prospectus as financial advisor to Sun Community Bancorp Limited and under the caption "Opinion of Financial Advisor". Very truly yours, /s/ Stifel Nicolaus & Company, Incorporated