Capital Bancorp Inc (OQ:CBNK)

Sector:  Financials Industry:  Banks
See Regulatory Filings on SEC
Company Contact
Address: 1 Church St Ste 300
ROCKVILLE MD 20850-4190
Tel: N/A
Website: N/A
Key People
Business Overview
Capital Bancorp, Inc. is a bank holding company. The Company operates through its wholly owned subsidiary, Capital Bank, N.A., a commercial-focused community bank. The Company serves financial solutions to businesses, not-for-profit associations and entrepreneurs. The Company operates through three divisions: Commercial Banking; Church Street Mortgage, its residential mortgage banking platform, and OpenSky, credit card platform. Its Commercial Banking division provides advices and solutions to commercial clients. The Church Street Mortgage division originates residential mortgage loans for sale into the secondary market. The OpenSky division provides credit cards to under-banked populations. OpenSky's cards operate on a digital and mobile enabled platform with all marketing and application procedures conducted through its Website and mobile applications.
Financial Overview
For the fiscal year ended 31 December 2019, Capital Bancorp Inc interest income increased 21% to $83.4M. Net interest income after loan loss provision increased 16% to $64.7M. Net income increased 32% to $16.9M. Net interest income after loan loss provision reflects Net Interest Margin - Total - % increase of less than 1% to 5.6%, Loans, including fees increase of 21% to $81.3M, Federal funds sold and other increase of 31% to $1.1M.
Employees: 204 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $202.76M as of Dec 31, 2019
Annual revenue (TTM): $83.35M as of Dec 31, 2019
EBITDA (TTM): $18.52M as of Dec 31, 2019
Net annual income (TTM): $16.90M as of Dec 31, 2019
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: $4.89M as of Dec 31, 2019
Shares outstanding: 13,894,842 as of Dec 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization