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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	184.76	174.76	144.41	120.78	95.37	80.13
Interest Income on Investments	8.93	8.45	6.24	2.46	1.88	2.05
Total Interest Income	193.69	183.21	150.65	123.24	97.25	82.18
Interest Paid on Deposits	48.35	39.63	7.61	5.81	11.52	13.69
Interest Paid on Borrowings	1.59	2.06	2.43	0.74	1.66	2.15
Total Interest Expense	49.93	41.68	10.04	6.55	13.18	15.84
Net Interest Income	143.76	141.53	140.61	116.69	84.07	66.34
Net Interest Income Growth (YoY)	1.45%	0.65%	20.49%	38.81%	26.73%	14.60%
Mortgage Banking Activities	5.85	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	1.81	1.84	1.77	1.15	0.37	1.57
Total Non-Interest Income	25.12	24.98	29.37	50.64	50.14	25.69
Non-Interest Income Growth (YoY)	-1.22%	-14.97%	-41.99%	0.98%	95.17%	59.34%
Revenues Before Loan Losses	168.89	166.5	169.98	167.33	134.21	92.03
Provision for Loan Losses	11.4	9.51	6.63	3.36	11.24	2.79
Revenue	157.49	156.99	163.35	163.97	122.97	89.24
Revenue Growth (YoY)	-0.94%	-3.89%	-0.38%	33.34%	37.80%	24.16%
Salaries and Employee Benefits	47.87	46.45	41.07	35.98	32.19	31.49
Occupancy Expenses	5.1	4.37	3.57	3.13	3.57	3.06
Selling, General & Administrative	44.92	44.72	49.78	54.1	37.2	22.85
Other Non-Interest Expense	15.25	15.22	14.88	16.52	14.81	9.01
Total Non-Interest Expense	113.14	110.77	109.11	110.09	87.83	66.53
EBT Excluding Unusual Items	44.35	46.23	54.23	53.88	35.14	22.71
Pretax Income	43.56	46.23	54.23	53.88	35.14	22.71
Income Tax Expense	9.97	10.35	12.43	13.9	9.31	5.82
Net Income	33.59	35.87	41.8	39.98	25.82	16.9
Net Income to Common	33.59	35.87	41.8	39.98	25.82	16.9
Net Income Growth	-9.57%	-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)	-2.63%	-1.96%	1.99%	2.04%	-1.21%	12.09%
EPS (Basic)	2.41	2.56	2.98	2.90	1.87	1.23
EPS (Diluted)	2.41	2.55	2.91	2.84	1.87	1.21
EPS Growth	-6.94%	-12.37%	2.46%	51.87%	54.55%	18.63%
Dividend Per Share	0.340	0.300	0.230	0.150	-	-
Dividend Growth	30.77%	30.43%	53.33%	-	-	-
Effective Tax Rate	22.90%	22.40%	22.92%	25.80%	26.51%	25.62%

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