Capital Bancorp, Inc. (CBNK)

Capital Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	189.42	174.76	144.41	120.78	95.37	80.13
Interest Income on Investments	9.14	8.45	6.24	2.46	1.88	2.05
Total Interest Income	198.56	183.21	150.65	123.24	97.25	82.18
Interest Paid on Deposits	51.54	39.63	7.61	5.81	11.52	13.69
Interest Paid on Borrowings	1.71	2.06	2.43	0.74	1.66	2.15
Total Interest Expense	53.26	41.68	10.04	6.55	13.18	15.84
Net Interest Income	145.31	141.53	140.61	116.69	84.07	66.34
Net Interest Income Growth (YoY)	2.45%	0.65%	20.49%	38.81%	26.73%	14.60%
Mortgage Banking Activities	6.49	4.9	4.87	20.84	32.27	15.96
Gain (Loss) on Sale of Investments	-	-	-	0.15	0.02	0.03
Other Non-Interest Income	1.82	1.84	1.77	1.15	0.37	1.57
Total Non-Interest Income	25.43	24.98	29.37	50.64	50.14	25.69
Non-Interest Income Growth (YoY)	3.39%	-14.97%	-41.99%	0.98%	95.17%	59.34%
Revenues Before Loan Losses	170.74	166.5	169.98	167.33	134.21	92.03
Provision for Loan Losses	12.86	9.51	6.63	3.36	11.24	2.79
Revenue	157.88	156.99	163.35	163.97	122.97	89.24
Revenue Growth (YoY)	0.41%	-3.89%	-0.38%	33.34%	37.80%	24.16%
Salaries and Employee Benefits	48.77	46.45	41.07	35.98	32.19	31.49
Occupancy Expenses	5.54	4.37	3.57	3.13	3.57	3.06
Selling, General & Administrative	44.69	44.72	49.78	54.1	37.2	22.85
Other Non-Interest Expense	15.3	15.22	14.88	16.52	14.81	9.01
Total Non-Interest Expense	114.3	110.77	109.11	110.09	87.83	66.53
EBT Excluding Unusual Items	43.59	46.23	54.23	53.88	35.14	22.71
Pretax Income	42.27	46.23	54.23	53.88	35.14	22.71
Income Tax Expense	9.8	10.35	12.43	13.9	9.31	5.82
Net Income	32.47	35.87	41.8	39.98	25.82	16.9
Net Income to Common	32.47	35.87	41.8	39.98	25.82	16.9
Net Income Growth	-9.38%	-14.19%	4.57%	54.82%	52.84%	32.33%
Basic Shares Outstanding	14	14	14	14	14	14
Diluted Shares Outstanding	14	14	14	14	14	14
Shares Change (YoY)	-1.91%	-1.96%	1.99%	2.04%	-1.21%	12.09%
EPS (Basic)	2.33	2.56	2.98	2.90	1.87	1.23
EPS (Diluted)	2.33	2.55	2.91	2.84	1.87	1.21
EPS Growth	-7.37%	-12.37%	2.46%	51.87%	54.55%	18.63%
Dividend Per Share	0.360	0.300	0.230	0.150	-	-
Dividend Growth	28.57%	30.43%	53.33%	-	-	-
Effective Tax Rate	23.19%	22.40%	22.92%	25.80%	26.51%	25.62%

Source: S&P Capital IQ. Banks template. Financial Sources.