Capital Bancorp (CBNK) investor relations material

Executive summary

• Achieved strong loan growth of $137.5 million (19.3% annualized) and deposit growth of $180.9 million (24.6% annualized) in Q4 2025.

• Net income for Q4 2025 was $15.0 million; full-year 2025 net income reached $57.2 million.

• Diluted EPS for Q4 2025 was $0.91, more than double the $0.45 in Q4 2024 and up $0.02 from Q3 2025.

• Book value per share rose to $24.54, up $0.74 from Q3 2025 and $3.23 from Q4 2024; tangible book value per share increased 15.5% year-over-year.

• Successfully completed the integration of IFH, enhancing operational scale and supporting business diversification.

Financial highlights

• Net interest margin (NIM) for Q4 2025 was 5.94%; commercial bank NIM was 4.18%.

• Net interest income for Q4 2025 was $50.3 million, down $1.7 million from Q3 2025 but up $6.0 million year-over-year.

• Fee revenue was $12.5 million, 19.9% of total revenue, up $1.4 million from Q3 2025, mainly from SBIC income.

• Efficiency ratio improved to 62.3% in Q4 2025 from 66.7% in Q4 2024.

• Noninterest expense was $39.1 million, up $0.7 million sequentially and $1.6 million year-over-year, driven by professional fees and technology investments.

Outlook and guidance

• Positioned for continued profitable organic growth, supported by investments in technology and human capital.

• Management plans to pursue bolt-on and other acquisitions and continue the stock buyback program.

• Well-capitalized to support future expansion and withstand market volatility.