Net interest income grew 13.4% year-over-year as of 2025Q4, though net interest margin compression to 1.3% in 2026Q1 suggests rising funding costs are pressuring profitability.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'06 | Dec'05 | Dec'04 |
|---|
| Net Interest Income | 199.34M | 195.99M | 154.75M | 141.53M | 140.61M | 116.69M | 84.07M | 66.34M | 57.89M | 48.91M | 42.76M | 33.68M | -3.12M | -2.56M | -1.22M |
| NII Growth % | 84.91% | 26.65% | 9.34% | 0.65% | 20.49% | 38.81% | 26.73% | 14.6% | 18.35% | 14.39% | 26.97% | 1177.98% | -22.17% | -109.59% | - |
| Net Interest Margin % | 5.23% | 5.43% | 4.83% | 6.36% | 6.62% | 5.68% | 4.48% | 4.65% | 5.24% | 4.77% | 4.72% | 4.53% | -0.55% | -0.54% | -0.33% |
| Interest Income | 266.08M | 260.87M | 213.3M | 183.21M | 150.65M | 123.24M | 97.25M | 82.18M | 69.13M | 56.67M | 49.24M | 38.25M | 0 | 0 | 0 |
| Interest Expense | 66.74M | 64.88M | 58.55M | 41.68M | 10.04M | 6.55M | 13.18M | 15.84M | 11.24M | 7.75M | 6.48M | 4.58M | 3.12M | 2.56M | 1.22M |
| Loan Loss Provision | 12.91M | 15.18M | 18.11M | 9.51M | 6.63M | 3.36M | 11.24M | 2.79M | 2.14M | 2.65M | 4.29M | 1.61M | 36.82M | 26.43M | 18.66M |
| Non-Interest Income | 33.39M | 42.76M | 28.98M | 23.34M | 29.37M | 50.64M | 50.14M | 25.69M | 16.4M | 15.23M | 20.47M | 14.96M | 39.95M | 28.99M | 19.88M |
| Non-Interest Income % | 11.15% | 14.08% | 11.96% | 11.3% | 16.32% | 29.12% | 34.02% | 23.82% | 19.18% | 21.18% | 29.37% | 28.11% | 100% | 100% | 100% |
| Total Revenue | 299.47M | 303.63M | 242.28M | 206.55M | 180.02M | 173.88M | 147.4M | 107.87M | 85.53M | 71.89M | 69.72M | 53.21M | 39.95M | 28.99M | 19.88M |
| Revenue Growth % | 63.4% | 25.32% | 17.3% | 14.74% | 3.53% | 17.97% | 36.64% | 26.13% | 18.97% | 3.12% | 31.01% | 33.21% | 37.79% | 45.86% | - |
| Non-Interest Expense | 160.68M | 152.99M | 123.79M | 109.13M | 109.11M | 110.09M | 87.83M | 66.53M | 54.4M | 47.38M | 43.38M | 34.85M | 2.11M | 2.7M | 2.41M |
| Efficiency Ratio | 53.66% | 50.39% | 51.09% | 52.84% | 60.61% | 63.32% | 59.59% | 61.67% | 63.6% | 65.91% | 62.22% | 65.49% | 5.28% | 9.31% | 12.13% |
| Operating Income | 59.15M | 70.61M | 41.83M | 46.23M | 54.23M | 53.88M | 35.14M | 22.71M | 17.75M | 14.1M | 15.56M | 12.18M | 6.53M | 4.98M | 3.91M |
| Operating Margin % | 19.75% | 23.26% | 17.27% | 22.38% | 30.13% | 30.98% | 23.84% | 21.06% | 20.75% | 19.61% | 22.32% | 22.89% | 16.34% | 17.19% | 19.66% |
| Operating Income Growth % | - | 68.8% | -9.5% | -14.77% | 0.66% | 53.33% | 54.69% | 27.97% | 25.89% | -9.4% | 27.77% | 86.59% | 30.96% | 27.57% | - |
| Pretax Income | 72.52M | 74.94M | 41.83M | 46.23M | 54.23M | 53.88M | 35.14M | 22.71M | 17.75M | 14.1M | 15.56M | 12.18M | 6.53M | 4.98M | 3.91M |
| Pretax Margin % | 24.22% | 24.68% | 17.27% | 22.38% | 30.13% | 30.98% | 23.84% | 21.06% | 20.75% | 19.61% | 22.32% | 22.89% | 16.34% | 17.19% | 19.66% |
| Income Tax | 17.26M | 17.77M | 10.86M | 10.35M | 12.43M | 13.9M | 9.31M | 5.82M | 4.98M | 6.99M | 6.12M | 4.69M | 2.35M | 1.76M | 534K |
| Effective Tax Rate % | 23.8% | 23.72% | 25.96% | 22.4% | 22.92% | 25.8% | 26.51% | 25.62% | 28.07% | 49.58% | 39.33% | 38.49% | 35.94% | 35.31% | 13.67% |
| Net Income | 55.26M | 57.17M | 30.97M | 35.87M | 41.8M | 39.98M | 25.82M | 16.89M | 12.77M | 7.11M | 9.44M | 7.49M | 4.18M | 3.22M | 3.37M |
| Net Margin % | 18.45% | 18.83% | 12.78% | 17.37% | 23.22% | 22.99% | 17.52% | 15.66% | 14.93% | 9.89% | 13.54% | 14.08% | 10.47% | 11.12% | 16.97% |
| Net Income Growth % | 44.11% | 84.59% | -13.66% | -14.19% | 4.57% | 54.82% | 52.84% | 32.33% | 79.59% | -24.7% | 26.02% | 79.18% | 29.68% | -4.42% | - |
| Net Income (Continuing) | 55.26M | 57.17M | 30.97M | 35.87M | 41.8M | 39.98M | 25.82M | 16.89M | 12.77M | 7.11M | 9.44M | 7.49M | 4.18M | 3.22M | 3.37M |
| EPS (Diluted) | 3.36 | 3.40 | 2.12 | 2.55 | 2.91 | 2.84 | 1.87 | 1.21 | 1.02 | 0.54 | 0.72 | 0.57 | 0.31 | 0.24 | 0.25 |
| EPS Growth % | 33.47% | 60.38% | -16.86% | -12.37% | 2.46% | 51.87% | 54.55% | 18.63% | 88.89% | -25% | 26.32% | 83.87% | 29.17% | -4% | - |
| EPS (Basic) | - | 3.45 | 2.12 | 2.56 | 2.98 | 2.90 | 1.87 | 1.23 | 1.05 | 0.54 | 0.72 | 0.57 | 0.31 | 0.24 | 0.25 |
| Diluted Shares Outstanding | 16.44M | 16.49M | 14.64M | 14.08M | 14.36M | 14.08M | 13.8M | 13.97M | 12.46M | 13.16M | 13.16M | 13.16M | 13.5M | 13.5M | 13.5M |
Regulatory Fee Cap Exposure
According to recent financial disclosures, CBNK's net interest income reached $50.3 million in 2025Q4, reflecting a notable 13.4% year-over-year expansion that appears driven by the structural integration of the OpenSky platform rather than purely favorable interest rate tailwinds across the broader commercial loan portfolio.
The trajectory of NII suggests that the bank has successfully leveraged its secured card segment to generate interest-earning assets that are less sensitive to local D.C. market volatility. Investors should monitor whether this growth can be sustained as funding costs across the regional banking sector continue to face upward pressure.
As reported in quarterly filings, CBNK's net interest margin has compressed to 1.3% in 2026Q1 from a peak of 1.6% in 2023Q4, indicating that rising deposit costs are beginning to outpace the yield improvements realized from the bank's specialized high-margin consumer credit card and commercial lending segments.
This margin contraction warrants further investigation into the bank's deposit beta and the competitive pricing environment for its secured card collateral. The decline suggests that while the OpenSky platform provides a unique revenue stream, it is not entirely immune to the broader industry trend of tightening net interest margins.
Based on the company's reported figures, the efficiency ratio fluctuated significantly from 47.5% in 2025Q4 to 69.0% in 2026Q1, highlighting the operational challenges inherent in managing a hybrid model that combines traditional commercial banking with a high-volume, technology-dependent national credit card platform.
The sharp spike in the efficiency ratio in the most recent quarter may indicate increased compliance or personnel costs associated with the recent integration of Integrated Financial Holdings. This volatility suggests that the bank's operating leverage is currently constrained by the fixed-cost requirements of its multi-segment business structure.
As indicated in the latest income statement data, the provision for credit losses reached $4.9 million in 2025Q3, a figure that appears to reflect the upfront lifetime loss recognition required under CECL accounting as the bank scales its subprime-adjacent OpenSky credit card account base.
The variability in provision expense suggests that investors should distinguish between actual credit deterioration and the accounting-driven volatility associated with rapid portfolio growth. Future periods will require close observation to determine if the current provision levels are sufficient to cover potential losses in the event of a broader economic downturn.
Based on recent regulatory filings, non-interest fee income contributed 14.1% to total revenue in 2025Q4, underscoring the bank's reliance on transactional and card-related fees to supplement its interest-based earnings and maintain a competitive return profile relative to its regional commercial banking peers.
The composition of this fee income is critical, as it is heavily tied to the OpenSky platform's performance and mortgage gain-on-sale margins. Any regulatory changes impacting credit card late fees or a sustained slump in residential housing turnover may pose a material risk to this high-margin revenue stream.
Quick answers to the most common questions about buying CBNK stock.
Capital Bancorp, Inc. (CBNK) is profitable, generating $57.2M in net income for the fiscal year ending 2025 with a net profit margin of 18.8%.
Capital Bancorp, Inc. (CBNK) reported an operating income of $70.6M, resulting in an operating profit margin of 23.3%. This margin reflects the operational efficiency of the business before interest and taxes.
Capital Bancorp, Inc. (CBNK) generated $223.6M in gross profit for the year, representing a gross profit margin of 73.6%. This demonstrates the company's core pricing power and production efficiency.