Chain Bridge Bancorp (CBNA) Q1 2026 earnings summary

Executive summary

• Net income for Q1 2026 was $7.1 million, up 26.1% year-over-year and from $5.3 million in Q4 2025, with EPS of $1.08 versus $0.85 in Q1 2025 and $0.81 in Q4 2025.

• Return on average equity rose to 16.56% and return on average assets to 1.59% for the quarter.

• Political organization deposit inflows ahead of the federal election significantly boosted deposit balances and One-Way Sell® deposits.

• No non-performing assets or OREO were reported.

Financial highlights

• Net interest income after recapture of credit losses increased 10.2% to $15.3 million year-over-year; net interest income was $14.9 million, up from $13.6 million in Q4 2025.

• Noninterest income surged 247.9% to $2.4 million, driven by deposit placement services income from higher One-Way Sell® balances.

• Book value per share increased to $26.65 from $25.79 at year-end 2025 and $23.09 a year ago.

• Total assets reached $1.9 billion, and deposits were $1.7 billion as of March 31, 2026.

• Noninterest expense rose 16.9% to $8.8 million, mainly due to higher salaries and professional services.

Outlook and guidance

• Management expects continued sensitivity to short-term interest rates due to high liquidity and low loan-to-deposit ratios.

• Deposit levels and transaction activity are expected to fluctuate with federal election cycles and government spending trends.

• Forward-looking statements caution about risks from interest rates, deposit flows, regulatory changes, and economic conditions.

• The company remains focused on maintaining high liquidity, asset quality, and capital strength.