Annual Income Statements for Capital Bancorp
This table shows Capital Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Capital Bancorp
This table shows Capital Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
11 |
8.99 |
9.74 |
7.32 |
9.79 |
9.03 |
6.56 |
8.21 |
8.67 |
7.53 |
Consolidated Net Income / (Loss) |
|
11 |
8.99 |
9.74 |
7.32 |
9.79 |
9.03 |
6.56 |
8.21 |
8.67 |
7.53 |
Net Income / (Loss) Continuing Operations |
|
11 |
8.99 |
9.74 |
7.32 |
9.79 |
9.03 |
6.56 |
8.21 |
8.67 |
7.53 |
Total Pre-Tax Income |
|
14 |
12 |
13 |
9.57 |
13 |
11 |
8.62 |
11 |
11 |
11 |
Total Revenue |
|
44 |
41 |
41 |
42 |
43 |
41 |
41 |
44 |
45 |
56 |
Net Interest Income / (Expense) |
|
37 |
35 |
34 |
35 |
37 |
35 |
35 |
37 |
38 |
44 |
Total Interest Income |
|
38 |
41 |
43 |
45 |
48 |
47 |
48 |
51 |
53 |
62 |
Loans and Leases Interest Income |
|
36 |
39 |
41 |
43 |
45 |
45 |
46 |
48 |
50 |
59 |
Investment Securities Interest Income |
|
1.36 |
1.40 |
1.38 |
1.27 |
1.09 |
1.08 |
1.25 |
1.31 |
1.34 |
1.54 |
Federal Funds Sold and Securities Borrowed Interest Income |
|
0.53 |
1.18 |
0.76 |
0.82 |
1.27 |
0.78 |
1.13 |
1.03 |
1.22 |
1.57 |
Total Interest Expense |
|
1.66 |
6.15 |
8.93 |
9.74 |
11 |
12 |
13 |
14 |
14 |
17 |
Deposits Interest Expense |
|
1.39 |
4.38 |
7.75 |
9.41 |
11 |
12 |
13 |
13 |
14 |
16 |
Long-Term Debt Interest Expense |
|
0.28 |
1.77 |
1.18 |
0.33 |
0.23 |
0.32 |
0.53 |
0.51 |
0.35 |
1.00 |
Total Non-Interest Income |
|
7.11 |
5.61 |
6.03 |
6.69 |
6.33 |
5.94 |
5.97 |
6.89 |
6.64 |
12 |
Other Service Charges |
|
0.42 |
28 |
0.43 |
0.40 |
0.45 |
24 |
5.97 |
0.37 |
0.46 |
27 |
Provision for Credit Losses |
|
1.26 |
2.38 |
1.66 |
2.86 |
2.28 |
2.71 |
2.87 |
3.42 |
3.75 |
8.07 |
Total Non-Interest Expense |
|
28 |
27 |
26 |
30 |
28 |
27 |
29 |
29 |
30 |
38 |
Salaries and Employee Benefits |
|
11 |
12 |
13 |
12 |
12 |
12 |
13 |
13 |
13 |
17 |
Net Occupancy & Equipment Expense |
|
8.32 |
8.09 |
7.74 |
8.10 |
7.82 |
7.70 |
8.37 |
8.65 |
8.72 |
10 |
Marketing Expense |
|
1.63 |
0.73 |
0.52 |
2.65 |
1.57 |
1.43 |
2.03 |
2.07 |
1.22 |
1.03 |
Other Operating Expenses |
|
7.40 |
6.21 |
5.41 |
6.71 |
6.24 |
6.14 |
5.46 |
5.41 |
5.92 |
7.17 |
Restructuring Charge |
|
- |
- |
0.00 |
0.00 |
0.00 |
- |
0.71 |
0.08 |
0.52 |
2.62 |
Income Tax Expense |
|
3.34 |
2.65 |
2.92 |
2.26 |
3.00 |
2.19 |
2.06 |
2.73 |
2.83 |
3.24 |
Basic Earnings per Share |
|
$0.79 |
$0.64 |
$0.69 |
$0.52 |
$0.70 |
$0.65 |
$0.47 |
$0.59 |
$0.62 |
$0.44 |
Weighted Average Basic Shares Outstanding |
|
14.03M |
14.02M |
14.16M |
14.02M |
13.93M |
14.00M |
13.92M |
13.89M |
13.91M |
14.58M |
Diluted Earnings per Share |
|
$0.77 |
$0.63 |
$0.68 |
$0.52 |
$0.70 |
$0.65 |
$0.47 |
$0.59 |
$0.62 |
$0.44 |
Weighted Average Diluted Shares Outstanding |
|
14.37M |
14.36M |
14.27M |
14.06M |
14.02M |
14.08M |
13.92M |
13.89M |
13.95M |
14.64M |
Weighted Average Basic & Diluted Shares Outstanding |
|
14.06M |
14.15M |
14.04M |
13.94M |
13.89M |
13.90M |
13.89M |
13.91M |
16.56M |
16.65M |
Annual Cash Flow Statements for Capital Bancorp
This table details how cash moves in and out of Capital Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
-103 |
-26 |
151 |
Net Cash From Operating Activities |
51 |
47 |
35 |
Net Cash From Continuing Operating Activities |
51 |
47 |
35 |
Net Income / (Loss) Continuing Operations |
42 |
36 |
31 |
Consolidated Net Income / (Loss) |
42 |
36 |
31 |
Provision For Loan Losses |
6.59 |
9.51 |
18 |
Depreciation Expense |
0.36 |
0.32 |
0.74 |
Amortization Expense |
0.54 |
0.19 |
0.36 |
Non-Cash Adjustments to Reconcile Net Income |
12 |
1.16 |
-17 |
Changes in Operating Assets and Liabilities, net |
-9.60 |
0.36 |
2.11 |
Net Cash From Investing Activities |
-198 |
-131 |
-270 |
Net Cash From Continuing Investing Activities |
-198 |
-131 |
-270 |
Purchase of Investment Securities |
-325 |
-190 |
-388 |
Sale and/or Maturity of Investments |
24 |
56 |
118 |
Other Investing Activities, net |
102 |
3.01 |
-0.13 |
Net Cash From Financing Activities |
44 |
57 |
386 |
Net Cash From Continuing Financing Activities |
44 |
57 |
386 |
Net Change in Deposits |
-39 |
138 |
407 |
Issuance of Debt |
0.00 |
15 |
-15 |
Repayment of Debt |
85 |
-85 |
0.00 |
Repurchase of Common Equity |
0.00 |
-8.83 |
-1.40 |
Payment of Dividends |
-3.09 |
-3.92 |
-5.28 |
Other Financing Activities, Net |
1.24 |
1.79 |
1.08 |
Cash Interest Paid |
9.48 |
37 |
55 |
Cash Income Taxes Paid |
12 |
7.70 |
9.10 |
Quarterly Cash Flow Statements for Capital Bancorp
This table details how cash moves in and out of Capital Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
-214 |
43 |
60 |
-21 |
27 |
-92 |
31 |
51 |
20 |
49 |
Net Cash From Operating Activities |
|
16 |
6.04 |
10 |
8.40 |
22 |
6.19 |
-3.41 |
13 |
-0.46 |
26 |
Net Cash From Continuing Operating Activities |
|
16 |
6.04 |
10 |
8.40 |
22 |
6.19 |
-3.41 |
13 |
-0.46 |
26 |
Net Income / (Loss) Continuing Operations |
|
11 |
8.99 |
9.74 |
7.32 |
9.79 |
9.03 |
6.56 |
8.21 |
8.67 |
7.53 |
Consolidated Net Income / (Loss) |
|
11 |
8.99 |
9.74 |
7.32 |
9.79 |
9.03 |
6.56 |
8.21 |
8.67 |
7.53 |
Provision For Loan Losses |
|
1.37 |
2.33 |
1.65 |
2.87 |
2.31 |
2.69 |
2.88 |
3.44 |
3.79 |
8.00 |
Depreciation Expense |
|
0.08 |
0.08 |
0.07 |
0.07 |
0.10 |
0.09 |
0.09 |
0.08 |
0.08 |
0.49 |
Amortization Expense |
|
0.25 |
-0.79 |
-0.03 |
0.01 |
0.10 |
0.11 |
0.06 |
0.01 |
-0.02 |
0.31 |
Non-Cash Adjustments to Reconcile Net Income |
|
5.29 |
0.64 |
-1.27 |
-0.53 |
5.76 |
-2.80 |
-1.96 |
-8.91 |
-1.35 |
-5.14 |
Changes in Operating Assets and Liabilities, net |
|
-2.26 |
-5.22 |
0.20 |
-1.33 |
4.41 |
-2.92 |
-11 |
10 |
-12 |
15 |
Net Cash From Investing Activities |
|
-78 |
-68 |
-59 |
-6.70 |
-26 |
-39 |
-58 |
-66 |
-84 |
-63 |
Net Cash From Continuing Investing Activities |
|
-78 |
-68 |
-59 |
-6.70 |
-26 |
-39 |
-58 |
-66 |
-84 |
-63 |
Purchase of Investment Securities |
|
-93 |
-83 |
-60 |
-54 |
-26 |
-50 |
-79 |
-67 |
-98 |
-144 |
Sale and/or Maturity of Investments |
|
1.75 |
18 |
-1.83 |
47 |
0.49 |
11 |
21 |
2.40 |
15 |
80 |
Other Investing Activities, net |
|
13 |
-3.37 |
3.15 |
0.41 |
-0.54 |
-0.01 |
-0.09 |
-0.49 |
-0.97 |
1.42 |
Net Cash From Financing Activities |
|
-152 |
105 |
108 |
-23 |
31 |
-59 |
92 |
104 |
104 |
86 |
Net Cash From Continuing Financing Activities |
|
-152 |
105 |
108 |
-23 |
31 |
-59 |
92 |
104 |
104 |
86 |
Net Change in Deposits |
|
-151 |
20 |
186 |
-10 |
34 |
-72 |
110 |
95 |
86 |
117 |
Repayment of Debt |
|
- |
85 |
-75 |
-10 |
- |
- |
0.00 |
10 |
20 |
-30 |
Payment of Dividends |
|
-0.84 |
-0.84 |
-0.85 |
-0.84 |
-1.12 |
-1.11 |
-1.12 |
-1.11 |
-1.39 |
-1.66 |
Other Financing Activities, Net |
|
0.27 |
0.65 |
0.59 |
0.42 |
0.02 |
0.76 |
0.11 |
0.29 |
-0.01 |
0.68 |
Cash Interest Paid |
|
1.48 |
5.60 |
5.92 |
11 |
8.76 |
12 |
13 |
13 |
12 |
16 |
Cash Income Taxes Paid |
|
3.62 |
2.93 |
0.04 |
5.55 |
2.12 |
- |
0.04 |
0.02 |
0.02 |
9.03 |
Annual Balance Sheets for Capital Bancorp
This table presents Capital Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Total Assets |
2,124 |
2,226 |
3,207 |
Cash and Due from Banks |
20 |
15 |
25 |
Federal Funds Sold |
21 |
0.41 |
0.06 |
Interest Bearing Deposits at Other Banks |
40 |
39 |
180 |
Trading Account Securities |
252 |
208 |
224 |
Loans and Leases, Net of Allowance |
1,702 |
1,875 |
2,582 |
Loans and Leases |
1,729 |
1,903 |
2,630 |
Allowance for Loan and Lease Losses |
26 |
29 |
49 |
Loans Held for Sale |
7.42 |
7.48 |
21 |
Accrued Investment Income |
9.49 |
11 |
17 |
Premises and Equipment, Net |
3.39 |
5.07 |
16 |
Goodwill |
- |
0.00 |
21 |
Intangible Assets |
- |
0.00 |
16 |
Other Assets |
68 |
65 |
106 |
Total Liabilities & Shareholders' Equity |
2,124 |
2,226 |
3,207 |
Total Liabilities |
1,900 |
1,971 |
2,852 |
Non-Interest Bearing Deposits |
674 |
617 |
811 |
Interest Bearing Deposits |
1,084 |
1,279 |
1,951 |
Short-Term Debt |
12 |
27 |
12 |
Accrued Interest Payable |
1.03 |
5.58 |
9.39 |
Long-Term Debt |
107 |
22 |
22 |
Other Long-Term Liabilities |
21 |
21 |
46 |
Total Equity & Noncontrolling Interests |
224 |
255 |
355 |
Total Preferred & Common Equity |
224 |
255 |
355 |
Total Common Equity |
224 |
255 |
355 |
Common Stock |
58 |
55 |
129 |
Retained Earnings |
182 |
213 |
238 |
Accumulated Other Comprehensive Income / (Loss) |
-17 |
-13 |
-11 |
Quarterly Balance Sheets for Capital Bancorp
This table presents Capital Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
2,009 |
2,245 |
2,228 |
2,272 |
2,324 |
2,439 |
2,561 |
Cash and Due from Banks |
|
15 |
14 |
19 |
14 |
12 |
19 |
23 |
Federal Funds Sold |
|
1.42 |
0.46 |
0.38 |
1.96 |
0.06 |
0.06 |
0.06 |
Interest Bearing Deposits at Other Banks |
|
21 |
125 |
100 |
130 |
73 |
117 |
133 |
Trading Account Securities |
|
270 |
256 |
208 |
206 |
202 |
208 |
209 |
Loans and Leases, Net of Allowance |
|
1,622 |
1,760 |
1,810 |
1,834 |
1,935 |
1,991 |
2,076 |
Loans and Leases |
|
1,648 |
1,786 |
1,837 |
1,862 |
1,965 |
2,022 |
2,108 |
Allowance for Loan and Lease Losses |
|
26 |
26 |
27 |
28 |
29 |
31 |
32 |
Loans Held for Sale |
|
6.88 |
9.62 |
10 |
4.84 |
10 |
19 |
20 |
Accrued Investment Income |
|
7.89 |
9.99 |
10 |
11 |
12 |
12 |
12 |
Premises and Equipment, Net |
|
3.21 |
5.37 |
5.49 |
5.30 |
4.50 |
5.55 |
5.96 |
Other Assets |
|
63 |
64 |
65 |
65 |
63 |
65 |
82 |
Total Liabilities & Shareholders' Equity |
|
2,009 |
2,245 |
2,228 |
2,272 |
2,324 |
2,439 |
2,561 |
Total Liabilities |
|
1,795 |
2,011 |
1,990 |
2,030 |
2,065 |
2,171 |
2,281 |
Non-Interest Bearing Deposits |
|
806 |
706 |
693 |
681 |
666 |
685 |
718 |
Interest Bearing Deposits |
|
932 |
1,239 |
1,241 |
1,287 |
1,340 |
1,416 |
1,468 |
Accrued Interest Payable |
|
0.48 |
1.98 |
3.03 |
5.20 |
6.01 |
6.57 |
8.50 |
Long-Term Debt |
|
22 |
32 |
22 |
22 |
22 |
32 |
64 |
Other Long-Term Liabilities |
|
23 |
20 |
19 |
22 |
19 |
20 |
22 |
Total Equity & Noncontrolling Interests |
|
214 |
235 |
237 |
243 |
259 |
268 |
280 |
Total Preferred & Common Equity |
|
214 |
235 |
237 |
243 |
259 |
268 |
280 |
Total Common Equity |
|
214 |
235 |
237 |
243 |
259 |
268 |
280 |
Common Stock |
|
57 |
57 |
56 |
55 |
54 |
55 |
56 |
Retained Earnings |
|
175 |
191 |
197 |
206 |
219 |
226 |
233 |
Accumulated Other Comprehensive Income / (Loss) |
|
-18 |
-14 |
-16 |
-18 |
-14 |
-13 |
-8.61 |
Annual Metrics And Ratios for Capital Bancorp
This table displays calculated financial ratios and metrics derived from Capital Bancorp's official financial filings.
Metric |
2022 |
2023 |
2024 |
Growth Metrics |
- |
- |
- |
Revenue Growth |
1.58% |
-2.05% |
11.80% |
EBITDA Growth |
0.11% |
-15.24% |
-8.14% |
EBIT Growth |
0.66% |
-14.77% |
-9.50% |
NOPAT Growth |
4.57% |
-14.19% |
-13.66% |
Net Income Growth |
4.57% |
-14.19% |
-13.66% |
EPS Growth |
2.46% |
-12.37% |
-16.86% |
Operating Cash Flow Growth |
-61.09% |
-7.73% |
-26.34% |
Free Cash Flow Firm Growth |
-2,175.09% |
208.25% |
-172.38% |
Invested Capital Growth |
47.90% |
-11.41% |
28.06% |
Revenue Q/Q Growth |
-1.43% |
0.01% |
9.03% |
EBITDA Q/Q Growth |
-4.48% |
1.02% |
0.35% |
EBIT Q/Q Growth |
-3.64% |
-0.92% |
-1.08% |
NOPAT Q/Q Growth |
-2.75% |
0.11% |
-4.61% |
Net Income Q/Q Growth |
-2.75% |
0.11% |
-4.61% |
EPS Q/Q Growth |
-3.00% |
0.79% |
-9.01% |
Operating Cash Flow Q/Q Growth |
-31.38% |
0.33% |
129.55% |
Free Cash Flow Firm Q/Q Growth |
-483.77% |
978.27% |
-56.22% |
Invested Capital Q/Q Growth |
38.30% |
9.74% |
13.08% |
Profitability Metrics |
- |
- |
- |
EBITDA Margin |
32.44% |
28.07% |
23.06% |
EBIT Margin |
31.91% |
27.76% |
22.47% |
Profit (Net Income) Margin |
24.59% |
21.54% |
16.64% |
Tax Burden Percent |
77.08% |
77.60% |
74.04% |
Interest Burden Percent |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
22.92% |
22.40% |
25.96% |
Return on Invested Capital (ROIC) |
14.54% |
11.09% |
8.94% |
ROIC Less NNEP Spread (ROIC-NNEP) |
14.54% |
11.09% |
8.94% |
Return on Net Nonoperating Assets (RNNOA) |
5.28% |
3.89% |
1.22% |
Return on Equity (ROE) |
19.82% |
14.98% |
10.15% |
Cash Return on Invested Capital (CROIC) |
-24.11% |
23.19% |
-15.67% |
Operating Return on Assets (OROA) |
2.60% |
2.13% |
1.54% |
Return on Assets (ROA) |
2.00% |
1.65% |
1.14% |
Return on Common Equity (ROCE) |
19.82% |
14.98% |
10.15% |
Return on Equity Simple (ROE_SIMPLE) |
18.66% |
14.07% |
8.72% |
Net Operating Profit after Tax (NOPAT) |
42 |
36 |
31 |
NOPAT Margin |
24.59% |
21.54% |
16.64% |
Net Nonoperating Expense Percent (NNEP) |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
49.07% |
51.82% |
52.82% |
Operating Expenses to Revenue |
64.19% |
66.53% |
67.80% |
Earnings before Interest and Taxes (EBIT) |
54 |
46 |
42 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
55 |
47 |
43 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.44 |
1.29 |
1.32 |
Price to Tangible Book Value (P/TBV) |
1.44 |
1.29 |
1.48 |
Price to Revenue (P/Rev) |
1.90 |
1.98 |
2.53 |
Price to Earnings (P/E) |
7.71 |
9.20 |
15.19 |
Dividend Yield |
1.18% |
1.18% |
1.27% |
Earnings Yield |
12.97% |
10.87% |
6.58% |
Enterprise Value to Invested Capital (EV/IC) |
1.05 |
1.07 |
0.77 |
Enterprise Value to Revenue (EV/Rev) |
2.12 |
1.95 |
1.61 |
Enterprise Value to EBITDA (EV/EBITDA) |
6.54 |
6.95 |
6.97 |
Enterprise Value to EBIT (EV/EBIT) |
6.65 |
7.03 |
7.15 |
Enterprise Value to NOPAT (EV/NOPAT) |
8.63 |
9.06 |
9.66 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
7.02 |
6.85 |
8.57 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
0.00 |
4.33 |
0.00 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.53 |
0.19 |
0.10 |
Long-Term Debt to Equity |
0.48 |
0.09 |
0.06 |
Financial Leverage |
0.36 |
0.35 |
0.14 |
Leverage Ratio |
9.90 |
9.08 |
8.91 |
Compound Leverage Factor |
9.90 |
9.08 |
8.91 |
Debt to Total Capital |
34.70% |
16.14% |
8.75% |
Short-Term Debt to Total Capital |
3.52% |
8.90% |
3.10% |
Long-Term Debt to Total Capital |
31.19% |
7.24% |
5.65% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
65.30% |
83.86% |
91.25% |
Debt to EBITDA |
2.16 |
1.05 |
0.79 |
Net Debt to EBITDA |
0.70 |
-0.10 |
-3.99 |
Long-Term Debt to EBITDA |
1.94 |
0.47 |
0.51 |
Debt to NOPAT |
2.85 |
1.37 |
1.10 |
Net Debt to NOPAT |
0.92 |
-0.14 |
-5.53 |
Long-Term Debt to NOPAT |
2.56 |
0.61 |
0.71 |
Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
- |
- |
- |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
-69 |
75 |
-54 |
Operating Cash Flow to CapEx |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
-6.90 |
1.80 |
-0.93 |
Operating Cash Flow to Interest Expense |
5.12 |
1.14 |
0.60 |
Operating Cash Flow Less CapEx to Interest Expense |
5.12 |
1.14 |
0.60 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
0.08 |
0.08 |
0.07 |
Fixed Asset Turnover |
50.98 |
39.39 |
18.08 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
343 |
304 |
389 |
Invested Capital Turnover |
0.59 |
0.51 |
0.54 |
Increase / (Decrease) in Invested Capital |
111 |
-39 |
85 |
Enterprise Value (EV) |
361 |
325 |
299 |
Market Capitalization |
322 |
330 |
470 |
Book Value per Share |
$15.94 |
$18.34 |
$21.45 |
Tangible Book Value per Share |
$15.94 |
$18.34 |
$19.22 |
Total Capital |
343 |
304 |
389 |
Total Debt |
119 |
49 |
34 |
Total Long-Term Debt |
107 |
22 |
22 |
Net Debt |
39 |
-4.90 |
-171 |
Capital Expenditures (CapEx) |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
119 |
49 |
34 |
Total Depreciation and Amortization (D&A) |
0.90 |
0.51 |
1.10 |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$2.98 |
$2.56 |
$2.12 |
Adjusted Weighted Average Basic Shares Outstanding |
14.02M |
14.00M |
14.58M |
Adjusted Diluted Earnings per Share |
$2.91 |
$2.55 |
$2.12 |
Adjusted Weighted Average Diluted Shares Outstanding |
14.36M |
14.08M |
14.64M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
14.15M |
13.90M |
16.65M |
Normalized Net Operating Profit after Tax (NOPAT) |
42 |
36 |
34 |
Normalized NOPAT Margin |
24.59% |
21.54% |
18.20% |
Pre Tax Income Margin |
31.91% |
27.76% |
22.47% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
5.40 |
1.11 |
0.71 |
NOPAT to Interest Expense |
4.16 |
0.86 |
0.53 |
EBIT Less CapEx to Interest Expense |
5.40 |
1.11 |
0.71 |
NOPAT Less CapEx to Interest Expense |
4.16 |
0.86 |
0.53 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
7.38% |
10.93% |
17.03% |
Augmented Payout Ratio |
7.38% |
35.53% |
21.55% |
Quarterly Metrics And Ratios for Capital Bancorp
This table displays calculated financial ratios and metrics derived from Capital Bancorp's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-1.95% |
-5.72% |
-2.66% |
-3.96% |
-1.48% |
0.03% |
1.15% |
4.57% |
4.30% |
37.76% |
EBITDA Growth |
|
-3.04% |
-19.14% |
-11.34% |
-36.30% |
-11.86% |
4.31% |
-30.79% |
15.30% |
-11.00% |
0.43% |
EBIT Growth |
|
-4.14% |
-14.98% |
-6.89% |
-34.42% |
-11.23% |
-3.69% |
-31.72% |
15.29% |
-10.10% |
-4.96% |
NOPAT Growth |
|
-0.73% |
-11.61% |
-4.66% |
-36.41% |
-11.78% |
0.44% |
-32.59% |
12.12% |
-11.40% |
-16.58% |
Net Income Growth |
|
-0.73% |
-11.61% |
-4.66% |
-36.41% |
-11.78% |
0.44% |
-32.59% |
12.12% |
-11.40% |
-16.58% |
EPS Growth |
|
-2.53% |
-12.50% |
-4.23% |
-35.00% |
-9.09% |
3.17% |
-30.88% |
13.46% |
-11.43% |
-32.31% |
Operating Cash Flow Growth |
|
-40.08% |
-79.57% |
12.80% |
-58.70% |
41.97% |
2.58% |
-132.95% |
53.49% |
-102.07% |
318.28% |
Free Cash Flow Firm Growth |
|
93.48% |
-285.85% |
-37.12% |
-22.56% |
-38.00% |
147.18% |
74.81% |
-41.28% |
-206.84% |
-261.35% |
Invested Capital Growth |
|
11.17% |
47.90% |
18.27% |
12.48% |
11.64% |
-11.41% |
5.37% |
14.89% |
24.28% |
28.06% |
Revenue Q/Q Growth |
|
0.05% |
-6.79% |
-0.74% |
3.74% |
2.64% |
-5.36% |
0.38% |
7.24% |
2.37% |
25.01% |
EBITDA Q/Q Growth |
|
-2.59% |
-25.91% |
15.87% |
-23.82% |
34.78% |
-12.32% |
-19.62% |
26.91% |
4.03% |
-1.06% |
EBIT Q/Q Growth |
|
-1.14% |
-19.33% |
8.50% |
-24.21% |
33.81% |
-12.48% |
-22.38% |
27.98% |
4.34% |
-7.48% |
NOPAT Q/Q Growth |
|
-3.59% |
-18.97% |
8.29% |
-24.83% |
33.75% |
-7.74% |
-27.33% |
25.04% |
5.69% |
-13.13% |
Net Income Q/Q Growth |
|
-3.59% |
-18.97% |
8.29% |
-24.83% |
33.75% |
-7.74% |
-27.33% |
25.04% |
5.69% |
-13.13% |
EPS Q/Q Growth |
|
-3.75% |
-18.18% |
7.94% |
-23.53% |
34.62% |
-7.14% |
-27.69% |
25.53% |
5.08% |
-29.03% |
Operating Cash Flow Q/Q Growth |
|
-22.22% |
-61.85% |
71.54% |
-18.86% |
167.36% |
-72.43% |
-155.09% |
478.02% |
-103.60% |
5,682.76% |
Free Cash Flow Firm Q/Q Growth |
|
25.66% |
-638.41% |
67.40% |
31.51% |
16.30% |
352.48% |
-117.40% |
-284.14% |
-81.79% |
-32.76% |
Invested Capital Q/Q Growth |
|
2.77% |
38.30% |
-18.80% |
-2.54% |
2.00% |
9.74% |
-3.42% |
6.26% |
10.34% |
13.08% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
33.71% |
26.79% |
31.27% |
22.97% |
30.16% |
27.94% |
21.40% |
25.32% |
25.74% |
20.37% |
EBIT Margin |
|
32.96% |
28.52% |
31.18% |
22.78% |
29.70% |
27.46% |
21.04% |
25.11% |
25.60% |
18.95% |
Profit (Net Income) Margin |
|
25.34% |
22.03% |
24.03% |
17.41% |
22.69% |
22.12% |
16.01% |
18.67% |
19.28% |
13.39% |
Tax Burden Percent |
|
76.88% |
77.23% |
76.96% |
76.44% |
76.55% |
80.51% |
76.09% |
75.05% |
75.42% |
69.91% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.15% |
100.00% |
99.81% |
100.04% |
100.00% |
99.06% |
99.85% |
101.14% |
Effective Tax Rate |
|
23.12% |
22.77% |
23.04% |
23.56% |
23.45% |
19.49% |
23.91% |
24.95% |
24.58% |
30.09% |
Return on Invested Capital (ROIC) |
|
18.55% |
13.02% |
15.79% |
11.35% |
14.39% |
11.38% |
9.35% |
10.81% |
10.60% |
7.19% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
18.55% |
13.02% |
15.79% |
11.35% |
14.39% |
11.38% |
9.35% |
10.81% |
10.60% |
7.19% |
Return on Net Nonoperating Assets (RNNOA) |
|
3.13% |
4.73% |
2.83% |
1.74% |
2.15% |
4.00% |
1.48% |
1.67% |
1.99% |
0.98% |
Return on Equity (ROE) |
|
21.68% |
17.75% |
18.61% |
13.09% |
16.54% |
15.38% |
10.82% |
12.48% |
12.59% |
8.18% |
Cash Return on Invested Capital (CROIC) |
|
7.67% |
-24.11% |
-0.66% |
2.74% |
2.65% |
23.19% |
6.21% |
-2.34% |
-11.19% |
-15.67% |
Operating Return on Assets (OROA) |
|
2.72% |
2.32% |
2.41% |
1.74% |
2.31% |
2.10% |
1.54% |
1.82% |
1.81% |
1.30% |
Return on Assets (ROA) |
|
2.09% |
1.79% |
1.86% |
1.33% |
1.76% |
1.69% |
1.17% |
1.35% |
1.36% |
0.92% |
Return on Common Equity (ROCE) |
|
21.68% |
17.75% |
18.61% |
13.09% |
16.54% |
15.38% |
10.82% |
12.48% |
12.59% |
8.18% |
Return on Equity Simple (ROE_SIMPLE) |
|
20.09% |
0.00% |
17.62% |
15.64% |
14.75% |
0.00% |
12.60% |
12.54% |
11.59% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
11 |
8.99 |
9.74 |
7.32 |
9.79 |
9.03 |
6.56 |
8.21 |
8.67 |
7.53 |
NOPAT Margin |
|
25.34% |
22.03% |
24.03% |
17.41% |
22.69% |
22.12% |
16.01% |
18.67% |
19.28% |
13.39% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
47.27% |
50.43% |
51.38% |
54.45% |
50.55% |
50.88% |
56.89% |
54.60% |
51.77% |
49.31% |
Operating Expenses to Revenue |
|
64.16% |
65.64% |
64.72% |
70.41% |
65.02% |
65.91% |
71.95% |
67.11% |
66.07% |
66.70% |
Earnings before Interest and Taxes (EBIT) |
|
14 |
12 |
13 |
9.57 |
13 |
11 |
8.62 |
11 |
12 |
11 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
15 |
11 |
13 |
9.65 |
13 |
11 |
8.77 |
11 |
12 |
11 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.47 |
1.44 |
0.98 |
1.05 |
1.08 |
1.29 |
1.11 |
1.06 |
1.27 |
1.32 |
Price to Tangible Book Value (P/TBV) |
|
1.47 |
1.44 |
0.98 |
1.05 |
1.08 |
1.29 |
1.11 |
1.06 |
1.27 |
1.48 |
Price to Revenue (P/Rev) |
|
1.83 |
1.90 |
1.36 |
1.49 |
1.57 |
1.98 |
1.72 |
1.68 |
2.09 |
2.53 |
Price to Earnings (P/E) |
|
7.33 |
7.71 |
5.56 |
6.70 |
7.30 |
9.20 |
8.79 |
8.44 |
10.97 |
15.19 |
Dividend Yield |
|
0.94% |
1.18% |
1.42% |
1.35% |
1.39% |
1.18% |
1.45% |
1.86% |
1.33% |
1.27% |
Earnings Yield |
|
13.65% |
12.97% |
17.97% |
14.92% |
13.71% |
10.87% |
11.38% |
11.84% |
9.11% |
6.58% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.26 |
1.05 |
0.48 |
0.60 |
0.54 |
1.07 |
0.80 |
0.61 |
0.77 |
0.77 |
Enterprise Value to Revenue (EV/Rev) |
|
1.81 |
2.12 |
0.79 |
0.98 |
0.90 |
1.95 |
1.41 |
1.13 |
1.54 |
1.61 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
5.40 |
6.54 |
2.50 |
3.41 |
3.23 |
6.95 |
5.53 |
4.32 |
6.16 |
6.97 |
Enterprise Value to EBIT (EV/EBIT) |
|
5.54 |
6.65 |
2.51 |
3.39 |
3.20 |
7.03 |
5.61 |
4.39 |
6.24 |
7.15 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
7.26 |
8.63 |
3.23 |
4.41 |
4.17 |
9.06 |
7.22 |
5.69 |
8.12 |
9.66 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
4.16 |
7.02 |
2.54 |
4.03 |
3.16 |
6.85 |
7.02 |
5.01 |
17.33 |
8.57 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
17.27 |
0.00 |
0.00 |
23.33 |
21.46 |
4.33 |
13.30 |
0.00 |
0.00 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.16 |
0.53 |
0.19 |
0.14 |
0.14 |
0.19 |
0.13 |
0.16 |
0.23 |
0.10 |
Long-Term Debt to Equity |
|
0.10 |
0.48 |
0.14 |
0.09 |
0.09 |
0.09 |
0.08 |
0.12 |
0.23 |
0.06 |
Financial Leverage |
|
0.17 |
0.36 |
0.18 |
0.15 |
0.15 |
0.35 |
0.16 |
0.15 |
0.19 |
0.14 |
Leverage Ratio |
|
10.37 |
9.90 |
10.02 |
9.85 |
9.37 |
9.08 |
9.25 |
9.24 |
9.24 |
8.91 |
Compound Leverage Factor |
|
10.37 |
9.90 |
10.03 |
9.85 |
9.35 |
9.09 |
9.25 |
9.15 |
9.23 |
9.01 |
Debt to Total Capital |
|
13.73% |
34.70% |
15.82% |
12.55% |
12.30% |
16.14% |
11.60% |
14.13% |
18.61% |
8.75% |
Short-Term Debt to Total Capital |
|
4.86% |
3.52% |
4.33% |
4.44% |
4.36% |
8.90% |
4.11% |
3.87% |
0.00% |
3.10% |
Long-Term Debt to Total Capital |
|
8.87% |
31.19% |
11.49% |
8.10% |
7.94% |
7.24% |
7.50% |
10.26% |
18.61% |
5.65% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
86.27% |
65.30% |
84.18% |
87.45% |
87.70% |
83.86% |
88.40% |
85.87% |
81.39% |
91.25% |
Debt to EBITDA |
|
0.59 |
2.16 |
0.82 |
0.71 |
0.74 |
1.05 |
0.80 |
1.00 |
1.50 |
0.79 |
Net Debt to EBITDA |
|
-0.05 |
0.70 |
-1.80 |
-1.78 |
-2.42 |
-0.10 |
-1.20 |
-2.09 |
-2.17 |
-3.99 |
Long-Term Debt to EBITDA |
|
0.38 |
1.94 |
0.60 |
0.46 |
0.48 |
0.47 |
0.51 |
0.72 |
1.50 |
0.51 |
Debt to NOPAT |
|
0.79 |
2.85 |
1.07 |
0.92 |
0.95 |
1.37 |
1.04 |
1.31 |
1.97 |
1.10 |
Net Debt to NOPAT |
|
-0.07 |
0.92 |
-2.33 |
-2.30 |
-3.13 |
-0.14 |
-1.56 |
-2.75 |
-2.85 |
-5.53 |
Long-Term Debt to NOPAT |
|
0.51 |
2.56 |
0.77 |
0.59 |
0.61 |
0.61 |
0.67 |
0.95 |
1.97 |
0.71 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-14 |
-102 |
-33 |
-23 |
-19 |
48 |
-8.39 |
-32 |
-59 |
-78 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
-8.32 |
-16.61 |
-3.73 |
-2.34 |
-1.75 |
3.99 |
-0.63 |
-2.38 |
-4.11 |
-4.47 |
Operating Cash Flow to Interest Expense |
|
9.52 |
0.98 |
1.16 |
0.86 |
2.06 |
0.51 |
-0.26 |
0.95 |
-0.03 |
1.49 |
Operating Cash Flow Less CapEx to Interest Expense |
|
9.52 |
0.98 |
1.16 |
0.86 |
2.06 |
0.51 |
-0.26 |
0.95 |
-0.03 |
1.49 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.08 |
0.08 |
0.08 |
0.08 |
0.08 |
0.08 |
0.07 |
0.07 |
0.07 |
0.07 |
Fixed Asset Turnover |
|
49.97 |
50.98 |
40.48 |
37.95 |
39.13 |
39.39 |
33.84 |
30.58 |
30.34 |
18.08 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
248 |
343 |
279 |
271 |
277 |
304 |
294 |
312 |
344 |
389 |
Invested Capital Turnover |
|
0.73 |
0.59 |
0.66 |
0.65 |
0.63 |
0.51 |
0.58 |
0.58 |
0.55 |
0.54 |
Increase / (Decrease) in Invested Capital |
|
25 |
111 |
43 |
30 |
29 |
-39 |
15 |
40 |
67 |
85 |
Enterprise Value (EV) |
|
312 |
361 |
134 |
164 |
149 |
325 |
236 |
191 |
264 |
299 |
Market Capitalization |
|
315 |
322 |
230 |
249 |
261 |
330 |
287 |
284 |
356 |
470 |
Book Value per Share |
|
$15.25 |
$15.94 |
$16.57 |
$16.92 |
$17.42 |
$18.34 |
$18.66 |
$19.28 |
$20.13 |
$21.45 |
Tangible Book Value per Share |
|
$15.25 |
$15.94 |
$16.57 |
$16.92 |
$17.42 |
$18.34 |
$18.66 |
$19.28 |
$20.13 |
$19.22 |
Total Capital |
|
248 |
343 |
279 |
271 |
277 |
304 |
294 |
312 |
344 |
389 |
Total Debt |
|
34 |
119 |
44 |
34 |
34 |
49 |
34 |
44 |
64 |
34 |
Total Long-Term Debt |
|
22 |
107 |
32 |
22 |
22 |
22 |
22 |
32 |
64 |
22 |
Net Debt |
|
-3.00 |
39 |
-96 |
-85 |
-112 |
-4.90 |
-51 |
-92 |
-93 |
-171 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
34 |
119 |
44 |
34 |
34 |
49 |
34 |
44 |
64 |
34 |
Total Depreciation and Amortization (D&A) |
|
0.33 |
-0.71 |
0.04 |
0.08 |
0.20 |
0.20 |
0.15 |
0.09 |
0.06 |
0.80 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.79 |
$0.64 |
$0.69 |
$0.52 |
$0.70 |
$0.65 |
$0.47 |
$0.59 |
$0.62 |
$0.44 |
Adjusted Weighted Average Basic Shares Outstanding |
|
14.03M |
14.02M |
14.16M |
14.02M |
13.93M |
14.00M |
13.92M |
13.89M |
13.91M |
14.58M |
Adjusted Diluted Earnings per Share |
|
$0.77 |
$0.63 |
$0.68 |
$0.52 |
$0.70 |
$0.65 |
$0.47 |
$0.59 |
$0.62 |
$0.44 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
14.37M |
14.36M |
14.27M |
14.06M |
14.02M |
14.08M |
13.92M |
13.89M |
13.95M |
14.64M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
14.06M |
14.15M |
14.04M |
13.94M |
13.89M |
13.90M |
13.89M |
13.91M |
16.56M |
16.65M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
11 |
8.99 |
9.74 |
7.32 |
9.79 |
9.03 |
7.10 |
8.27 |
9.06 |
9.36 |
Normalized NOPAT Margin |
|
25.34% |
22.03% |
24.03% |
17.41% |
22.69% |
22.12% |
17.33% |
18.81% |
20.15% |
16.64% |
Pre Tax Income Margin |
|
32.96% |
28.52% |
31.22% |
22.78% |
29.64% |
27.47% |
21.04% |
24.88% |
25.56% |
19.16% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
8.68 |
1.89 |
1.41 |
0.98 |
1.17 |
0.93 |
0.65 |
0.81 |
0.81 |
0.61 |
NOPAT to Interest Expense |
|
6.67 |
1.46 |
1.09 |
0.75 |
0.90 |
0.75 |
0.49 |
0.61 |
0.61 |
0.43 |
EBIT Less CapEx to Interest Expense |
|
8.68 |
1.89 |
1.41 |
0.98 |
1.17 |
0.93 |
0.65 |
0.81 |
0.81 |
0.61 |
NOPAT Less CapEx to Interest Expense |
|
6.67 |
1.46 |
1.09 |
0.75 |
0.90 |
0.75 |
0.49 |
0.61 |
0.61 |
0.43 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
6.83% |
7.38% |
7.83% |
9.10% |
10.19% |
10.93% |
12.80% |
13.26% |
14.57% |
17.03% |
Augmented Payout Ratio |
|
6.83% |
7.38% |
14.41% |
22.65% |
29.55% |
35.53% |
35.75% |
28.72% |
24.70% |
21.55% |
Key Financial Trends
Capital Bancorp (NASDAQ:CBNK) has demonstrated steady financial growth over the last four years, with several notable trends in its income statements, balance sheets, and cash flow statements. Here are the key insights for retail investors:
- Net interest income has increased consistently from about $34.5 million in Q1 2023 to $44.3 million in Q4 2024, reflecting growth in interest income from loans, leases, and investment securities.
- Loans and leases, a major asset component, have steadily increased from approximately $1.79 billion at Q1 2023 to over $2.1 billion by Q3 2024, indicating loan portfolio growth.
- Deposits, both non-interest bearing and interest bearing, have significantly risen, with total deposits increasing by roughly $200 million year over year by Q3 2024, supporting funding stability.
- Net income attributable to common shareholders has shown positive growth, increasing from $9.7 million in Q1 2023 to $7.5 million in Q4 2024 with some quarterly fluctuations, supporting consistent profitability.
- Capital Bancorp has maintained a healthy equity base, with total common equity rising from about $234.5 million in Q1 2023 to $280.1 million by Q3 2024, providing a solid capital cushion.
- Cash and equivalents position increased from $12.4 million in Q1 2023 to $23.5 million in Q3 2024, indicating improved liquidity.
- Provision for credit losses fluctuated quarterly but has generally increased, from $1.66 million in Q1 2023 to over $8 million by Q4 2024, signaling cautious risk management amid loan growth.
- Non-interest expenses have risen steadily, including higher salaries, occupancy, and marketing expenses as the company grows; total non-interest expense increased from around $26.2 million in Q1 2023 to approximately $37.5 million in Q4 2024.
- Capital Bancorp increased its investments in securities, with fluctuating purchases and sales affecting cash flows but maintaining an actively managed portfolio.
- Cash flow from operating activities was negative in some quarters (e.g., Q3 2024) but positive in others, indicating variability in core cash generation, partly influenced by changes in operating assets and liabilities.
Overall, Capital Bancorp exhibits sustainable growth in loans, deposits, and net interest income, accompanied by prudent capital and liquidity management. Rising credit loss provisions and increasing non-interest expenses reflect the company's growth and risk monitoring. Investors may find the company's improving net income and equity base encouraging, while the fluctuations in cash flow warrant attention.
09/15/25 10:22 PM ETAI Generated. May Contain Errors.