Capital Bancorp Inc CBNK
We are Capital Bancorp, Inc., a bank holding company and a Maryland corporation incorporated in 1998, operating primarily through our wholly-owned subsidiary, Capital Bank, N.A., a commercial-focused community bank based in the Washington, D.C. and Baltimore metropolitan areas. The Bank is headquartered in Rockville, Maryland, received its charter in 1999 and began operations the same year. We serve businesses, not-for-profit associations, entrepreneurs and others throughout the Washington, D.C., Baltimore, other Maryland markets, Delaware, Florida, Illinois, and North Carolina through seven commercial bank branches, one mortgage banking office, three loan production offices, three government loan servicing offices, and one credit card operations office.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $260.9M | $213.3M | $183.2M | $150.6M | $123.2M | $97.3M | $82.2M | $69.1M | $56.7M | — |
| Operating income | — | -$3.7M | -$4.6M | -$4.5M | — | — | — | — | — | — |
| Interest expense | $196.0M | $154.7M | $141.5M | $10.0M | $6.5M | $13.2M | $15.8M | $11.2M | $7.8M | — |
| Pre-tax income | $74.9M | $41.8M | $46.2M | $54.2M | $53.9M | $35.1M | $22.7M | $17.7M | $14.1M | — |
| Income tax | $17.8M | $10.9M | $10.4M | $12.4M | $13.9M | $9.3M | $5.8M | $5.0M | $7.0M | — |
| Net income | $57.2M | $31.0M | $35.9M | $41.8M | $40.0M | $25.8M | $16.9M | $12.8M | $7.1M | — |
| EPS, basic | 3.45 | 2.12 | 2.56 | 2.98 | 2.90 | 1.87 | 1.23 | 1.05 | 0.63 | — |
| EPS, diluted | 3.41 | 2.12 | 2.55 | 2.91 | 2.84 | 1.87 | 1.21 | 1.02 | 0.62 | — |
| Shares, diluted (wtd. avg.) | $16.8M | $14.6M | $14.1M | $14.4M | $14.1M | $13.8M | $14.0M | $12.5M | $11.4M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $255.6M | $205.3M | $54.0M | $80.4M | $183.4M | $146.9M | $114.8M | $34.7M | $52.3M | $38.1M |
| Property, plant and equipment | $15.1M | $15.5M | $5.1M | $3.4M | $3.3M | $4.5M | $6.1M | $3.0M | $2.6M | — |
| Goodwill | $26.0M | $21.1M | $0 | $0 | — | — | — | — | — | — |
| Other intangibles | $14.8M | $15.8M | — | — | — | — | — | — | — | — |
| Total assets | $3.61B | $3.21B | $2.23B | $2.12B | $2.06B | $1.88B | $1.43B | $1.11B | $1.03B | — |
| Total liabilities | $3.20B | $2.85B | $1.97B | $1.90B | $1.86B | $1.72B | $1.29B | $990.5M | $945.9M | — |
| Retained earnings | $292.7M | $242.9M | $213.3M | $182.4M | $144.5M | $106.9M | $81.6M | $65.7M | $53.2M | — |
| Total equity | $401.8M | $355.1M | $254.9M | $224.0M | $197.9M | $159.3M | $133.3M | $114.6M | $80.1M | $70.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $69.7M | $34.9M | $47.4M | $51.4M | $132.1M | $5.5M | -$27.2M | $28.3M | $34.8M | — |
| Stock-based compensation | $1.6M | $1.9M | $1.8M | $1.7M | $1.3M | $983.0K | $795.0K | $570.0K | $506.0K | — |
| Capital expenditure | — | — | — | — | — | — | — | $1.7M | $1.4M | — |
| Investing cash flow | -$350.9M | -$270.0M | -$130.8M | -$198.5M | -$238.2M | -$385.5M | -$188.0M | -$109.3M | -$133.4M | — |
| Financing cash flow | $331.4M | $386.4M | $57.0M | $44.1M | $142.6M | $412.1M | $295.3M | $63.4M | $112.7M | — |
| Dividends paid | $7.3M | $5.3M | $3.9M | $3.1M | $1.4M | $0 | — | — | — | — |
| Buybacks | $11.7M | $1.4M | $8.8M | $0 | $0 | $3.7M | $371.0K | $45.0K | $512.0K | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001419536-26-000091.
Others in SIC 6021
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| JPM | JPMORGAN CHASE & CO | $953.33B | 17.9x | 2.8% |
| BAC | BANK OF AMERICA CORP /DE/ | $438.31B | 16.5x | 6.8% |
| WFC | WELLS FARGO & COMPANY/MN | $272.07B | 14.4x | -3.8% |
| C | CITIGROUP INC | $240.92B | 19.7x | 5.6% |
| COF | CAPITAL ONE FINANCIAL CORP | $136.66B | 54.5x | 36.3% |
| USB | US BANCORP \DE\ | $98.73B | 13.7x | 4.4% |
| PNC | PNC FINANCIAL SERVICES GROUP, INC. | $97.98B | 14.8x | 7.2% |
| TFC | TRUIST FINANCIAL CORP | $63.10B | 13.5x | -2.1% |