CBNK

MKT CAP:$514M

Capital Bancorp, Inc.

Market Cap

$514M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$31.59+$3.55 (+12.66%)

Apr 24, 2026

Company Details

Capital Bancorp, Inc. operates as the bank holding company for Capital Bank, N.A. that provides various banking products and services to businesses, not-for-profit associations, and entrepreneurs in the United States. It operates through Co...

CEO

Edward F. Barry

IPO Date

Sep 26, 2018

Website

capitalbankmd.com

Key Metrics TTM

Revenue

$304M

+25.6% YoY

Net Income

$57M

EPS (Diluted)

$3.40

Free Cash Flow

$67M

Revenue / Share

$18.41

Gross Margin

75.1%

Operating Margin

24.7%

Net Margin

18.8%

FCF Margin

22.2%

P/S

1.7x

P/E

9.0x

Earnings Reports

Q1 2026

Apr 27, 2026

PENDING

FY 2025

Mar 16, 2026

$304M+25.3%EPS $3.40

Q4 2025

Mar 16, 2026

$77M+7.8%EPS $0.91

Q3 2025

Nov 10, 2025

$75M+26.3%EPS $0.89

Q2 2025

Aug 8, 2025

$77M+34.5%EPS $0.78

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$43M	$41M	$14M
Q2 22	$45M	$42M	$15M
Q3 22	$45M	$43M	$14M
Q4 22	$47M	$38M	$12M
Q1 23	$49M	$39M	$13M
Q2 23	$52M	$39M	$10M
Q3 23	$54M	$41M	$13M
Q4 23	$53M	$38M	$11M
Q1 24	$54M	$38M	$9M
Q2 24	$57M	$40M	$11M
Q3 24	$59M	$41M	$11M
Q4 24	$71M	$46M	$11M
Q1 25	$75M	$56M	$18M
Q2 25	$77M	$56M	$17M
Q3 25	$75M	$57M	$20M
Q4 25	$77M	$59M	$20M

Valuation

Quarter	P/S	P/E
Q1 22	1.8x	7.7x
Q2 22	1.7x	7.2x
Q3 22	1.9x	7.8x
Q4 22	1.8x	7.8x
Q1 23	1.3x	5.7x
Q2 23	1.3x	6.9x
Q3 23	1.3x	7.3x
Q4 23	1.6x	9.4x
Q1 24	1.4x	8.9x
Q2 24	1.3x	8.5x
Q3 24	1.6x	11.0x
Q4 24	1.6x	12.8x
Q1 25	1.6x	10.8x
Q2 25	2.0x	12.9x
Q3 25	1.8x	10.6x
Q4 25	1.6x	8.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$9M	$9M
Q2 22	$20M	$20M
Q3 22	$16M	$16M
Q4 22	$6M	$6M
Q1 23	$10M	$8M
Q2 23	$8M	$8M
Q3 23	$22M	$22M
Q4 23	$6M	$7M
Q1 24	-$3M	-$3M
Q2 24	$13M	$12M
Q3 24	-$464.0K	$180.0K
Q4 24	$26M	$24M
Q1 25	$23M	$22M
Q2 25	-$4M	-$5M
Q3 25	$33M	$32M
Q4 25	$18M	$18M

Capital Expenditures

Quarter	CapEx
Q1 22	$89.0K
Q2 22	$693.0K
Q3 22	$238.0K
Q4 22	$530.0K
Q1 23	$2M
Q2 23	$32.0K
Q3 23	$190.0K
Q4 23	$386.0K
Q1 24	$246.0K
Q2 24	$783.0K
Q3 24	$644.0K
Q4 24	$2M
Q1 25	$194.0K
Q2 25	$511.0K
Q3 25	$1M
Q4 25	$421.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+5.2%	+2.3%
Q2 22	+5.0%	+1.9%
Q3 22	-1.5%	-0.2%
Q4 22	+5.6%	+14.8%
Q1 23	+15.8%	+26.3%
Q2 23	+15.2%	+39.2%
Q3 23	+19.0%	+33.1%
Q4 23	+12.8%	+18.2%
Q1 24	+9.9%	+24.3%
Q2 24	+10.2%	+9.2%
Q3 24	+9.6%	+15.7%
Q4 24	+34.6%	+44.9%
Q1 25	+38.6%	+24.7%
Q2 25	+34.5%	+29.3%
Q3 25	+26.3%	+15.1%
Q4 25	+7.8%	-5.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$417.0K	1.0%
Q2 22	$616.0K	1.4%
Q3 22	$214.0K	0.5%
Q4 22	$214.0K	0.5%
Q1 23	$438.0K	0.9%
Q2 23	$973.0K	1.9%
Q3 23	-$94.0K	-0.2%
Q4 23	$440.0K	0.8%
Q1 24	$472.0K	0.9%
Q2 24	$998.0K	1.7%
Q3 24	-$48.0K	-0.1%
Q4 24	$473.0K	0.7%
Q1 25	$407.0K	0.5%
Q2 25	$596.0K	0.8%
Q3 25	$227.0K	0.3%
Q4 25	$974.0K	1.3%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$10M	$2M
Q2 22	$10M	$2M
Q3 22	$18M	$2M
Q4 22	—	$726.0K
Q1 23	$13M	$517.0K
Q2 23	$12M	$3M
Q3 23	$19M	$2M
Q4 23	—	$1M
Q1 24	$13M	$2M
Q2 24	$13M	$2M
Q3 24	$34M	$1M
Q4 24	—	$1M
Q1 25	$18M	$2M
Q2 25	$18M	$1M
Q3 25	$25M	$2M
Q4 25	$18M	$1M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$313M	$173M	$486M
Q2 22	$250M	$227M	$476M
Q3 22	$36M	$270M	$305M
Q4 22	$60M	$252M	$312M
Q1 23	$140M	$256M	$396M
Q2 23	$119M	$208M	$327M
Q3 23	$144M	$206M	$350M
Q4 23	$54M	$85M	$138M
Q1 24	$85M	$202M	$287M
Q2 24	$136M	$208M	$344M
Q3 24	$157M	$209M	$365M
Q4 24	$205M	$103M	$308M
Q1 25	$294M	$90M	$384M
Q2 25	$275M	$128M	$403M
Q3 25	$189M	$232M	$420M
Q4 25	$31M	$230M	$261M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	14M	+0.3%	+3.2%
Q2 22	14M	-0.2%	+1.0%
Q3 22	14M	+0.4%	+1.0%
Q4 22	14M	+0.2%	+0.8%
Q1 23	14M	-0.9%	-0.5%
Q2 23	14M	-1.5%	-1.8%
Q3 23	14M	-0.2%	-2.4%
Q4 23	14M	-0.2%	-2.9%
Q1 24	14M	-0.5%	-2.5%
Q2 24	14M	-0.2%	-1.2%
Q3 24	14M	+0.4%	-0.5%
Q4 24	17M	+19.9%	+19.6%
Q1 25	17M	+1.2%	+21.6%
Q2 25	17M	-0.7%	+20.9%
Q3 25	17M	+0.2%	+20.7%
Q4 25	16M	-2.1%	-1.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$166.1K	257
Q2 22	$174.8K	257
Q3 22	$176.8K	257
Q4 22	$173.7K	270
Q1 23	$183.1K	270
Q2 23	$191.7K	270
Q3 23	$200.2K	270
Q4 23	$191.0K	277
Q1 24	$196.2K	277
Q2 24	$205.9K	277
Q3 24	$213.9K	277
Q4 24	$183.0K	389
Q1 25	$193.6K	389
Q2 25	$197.2K	389
Q3 25	$192.4K	389
Q4 25	$197.3K	389

Revenue / Employee