Quarterly ResultApr 27, 2026, 04:11 PM
CBNK Q1 Net Income $12.0M, EPS $0.73; Loans +9.2% Ann.
AI Summary
Capital Bancorp, Inc. reported a net income of $12.0 million, or $0.73 diluted EPS, for Q1 2026, representing a decrease of 20.0% and 19.8% respectively from the previous quarter. 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 from 4Q 2025. The company also continued strategic investments in technology and new products, repurchased $3.5 million of common stock, and declared a $0.12 per share cash dividend.
Key Highlights
- Net income was $12.0 million, a 20.0% decrease from 4Q 2025 and 13.7% decrease from 1Q 2025.
- Diluted earnings per share was $0.73, down 19.8% QoQ and 11.2% YoY.
- Gross loans increased 9.2% (annualized) from 4Q 2025 to $3.026 billion.
- Total deposits grew 26.1% (annualized) from 4Q 2025 to $3.292 billion.
- Customer deposits increased 40.7% (annualized) from 4Q 2025 to $2.989 billion.
- Tangible book value per share rose 10.5% (annualized) from 4Q 2025 to $22.62.
- The company repurchased $3.5 million of common stock.
- A cash dividend of $0.12 per share was declared.