EXHIBIT 23.4

                                  May 30, 2003



Capitol Bancorp Limited
200 Washington Square North, 4th Floor
Lansing, Michigan  48933

     RE: DESERT COMMUNITY BANK

Ladies and Gentlemen:

     JMP  Financial,  Inc.  hereby  consents  to  your  including  a copy of the
fairness  opinion  in the  proxy  statement/prospectus  with  regards  to Desert
Community   Bank   and  to  the   reference   to   this   firm   in  the   proxy
statement/prospectus as financial advisor to Desert Community Bank and under the
caption "Opinion of Financial Adviser".

                                             Very truly yours,

                                             /s/ John Palffy
                                             John Palffy
                                             President