Quarterly ResultApr 27, 2026, 04:17 PM
CBNK Q1 Net Income $12.0M (-20% QoQ); Diluted EPS $0.73 (-19.8% QoQ)
AI Summary
Capital Bancorp, Inc. reported Q1 2026 net income of $12.0 million, a 20.1% decrease quarter-over-quarter, with diluted earnings per share of $0.73, down 19.8% from 4Q 2025. Despite the decline in earnings, the company demonstrated strong balance sheet growth, with gross loans increasing 9.2% annualized and total deposits growing 26.1% annualized. Capital Bancorp is accelerating strategic investments in technology and new OpenSky™ products, while also returning capital to shareholders through $3.5 million in share repurchases and a $0.12 per share cash dividend.
Key Highlights
- Net income was $12.0 million, a 20.1% decrease from $15.0 million in 4Q 2025.
- Diluted EPS was $0.73, down 19.8% from $0.91 in 4Q 2025.
- Gross loans increased 9.2% annualized to $3.026 billion from 4Q 2025.
- Total deposits grew 26.1% annualized to $3.292 billion from 4Q 2025.
- Tangible book value per share increased 10.5% annualized to $22.62 from 4Q 2025.
- Fee revenue increased 29.6% annualized, driven by SBA loan sales and USDA volume.
- Repurchased $3.5 million of common stock and declared a $0.12 per share dividend.
- Noninterest expense increased $4.6 million QoQ, primarily due to personnel and technology investments.
Price Impact
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