Capital Bancorp, Inc. · NASDAQ:CBNK
Capital Bancorp — Q3 2025 Earnings Presentation
21 slides from Capital Bancorp's earnings presentation, 2025
Slide 1: 3Q 2025 Investor Overview
© CAPITAL BANCORP, INC. 3Q 2025 Investor Overview
Slide 2: Forward Looking Statements
Forward Looking Statements This earnings release contains forward-looking statements. These forward-looking statements reflect our current views with respect to, among other things, future events and our financial performance. Any statements about our management’s expectations, beliefs, plans, predi
Slide 3: Financial Highlights and Corporate Timeline
Capital Bancorp, Inc. (NASDAQ-CBNK) Financial Highlights (in millions except per share data) Balance Sheet 3Q25 2Q25 Annualized 3Q24 YoY Assets $ 3,389 $ 3,389 0.00% $ 2,561 32.30% Portfolio Loans 2,822 2,740 12.00% 2,108 33.90% Deposits 2,912 2,941 -3.90% 2,186 33.20% (1) Quarterly Financial Perfor
Slide 4: CBNK Business Model is Uniquely Diversified
CBNK Business Model is Uniquely Diversified Commercial Banking OpenSky $2.7Bn $2.5Bn $35.8mm $137mm $167mm $20.1mm Portfolio Gross Loans, ex. OpenSky Deposits Q3 '25 Revenue1 Loans, net3 Deposits Q3 '25 Revenue • Focused on our core markets and filling out our national deposit vertical strategy • Na
Slide 5: Financial Information
© CAPITAL BANCORP, INC. Financial Information
Slide 6: Financial Performance Highlights
Financial Performance Highlights Loan Yield and Deposit Rate Trends Net Interest Income and Net Interest Margin $ in thousands Cumulative Downcycle Betas Commentary • Excluding the $1.3 million one-time impact associated with the reversal of Commercial Bank income related to previously recognized in
Slide 7: Core Fee Revenue
Core Fee Revenue $ in thousands 7 (1) Other includes a $2.6mm non-recurring legacy IFH equity and debt investment write-down during 4Q24, excluded in core revenue.
Slide 8: Noninterest Expense
Noninterest Expense $ in thousands 8 Note: Other expense includes loan processing expense, outside service providers expense, regulatory expense, office expense and other operational losses Refer to Appendix for reconciliation of Core, non-GAAP measures.
Slide 9: Profitability
Profitability(1) 9 (1) Annualized Note: Refer to Appendix for reconciliation of Core, non-GAAP measures.
Slide 10: Balance Sheet Composition
Balance Sheet Composition C&I + OO-CRE represents 38% of total Portfolio Loans Commentary • Gross loan growth of $82.2 million, or 11.9% (annualized), during 3Q25. • Compared to June 30, 2025, growth was primarily driven by $29.3 million from residential real estate, $25.9 million from commercial an
Slide 11: Composition of Deposits
Composition of Deposits As of or For the Three Months Ended (in thousands) September 30, 2025 % of Total Average (1) Deposits: Balance Deposits Rate Noninterest-bearing $ 857,542 29.4% 0.00% Interest-bearing demand 275,767 9.5% 0.54% Savings 12,835 0.4% 0.47% Money markets 989,160 34.0% 3.48% Time d
Slide 12: Investment Portfolio and Liquidity
Investment Portfolio and Liquidity High Quality, Low Risk Investment Portfolio Significant Liquidity Capacity $ in millions Investment Securities Portfolio Sources of Liquidity at September 30, 2025: • Classified as available for sale with a fair market value of $233 million, or • $768 million of co
Slide 13: Credit Metrics
Credit Metrics 13 (1) Refer to Appendix for reconciliation of non-GAAP measures.
Slide 14: Robust Capital Ratios
Robust Capital Ratios 14 Note: Ratios presented are for Capital Bank unless otherwise noted
Slide 15: Share Appreciation Outperforms Industry
Share Appreciation Outperforms Industry TBVPS + Dividend Growth Since 2018Q3 Share Price Change Since CBNK IPO on 9/26/20181 180% 80%+ Outperformance 180% 130%+ Outperformance vs. both groups vs. both groups 160% 160% 140% 140% 120% 58.48% 120% 100% 80% 100% 60% 80% 40% 60% 20% 0% 40% (20%) 20% (40%
Slide 16: Ed Barry, Chief Executive Officer
Ed Barry Chief Executive Officer (240) 283-1912 NASDAQ: CBNK
Slide 17: Non-U.S. GAAP Financial Measures
Non-U.S. GAAP Financial Measures
Slide 18: Reconciliation of Non-GAAP Information
Reconciliation of Non-GAAP Information Tangible Book Value Per Share Quarters Ended (in thousands, except per share amount) September 30, 2025 June 30, 2025 September 30, 2024 Total Stockholders' Equity $ 394,770 $ 380,035 $ 280,111 Less: Preferred equity - - - Less: Intangible assets 41,839 37,773
Slide 19: Reconciliation of Non-GAAP Information
Reconciliation of Non-GAAP Information (1) Net Charge-offs to Average Portfolio Loans Quarters Ended September 30, June 30, March 31, December 31, September 30, (in thousands) 2025 2025 2025 2024 2024 Total Net Charge-offs $ 5,088 $ 5,088 $ 2,444 $ 2,427 $ 2,655 Total Average Portfolio Loans 2,733,8
Slide 20: Reconciliation of Non-GAAP Information
Reconciliation of Non-GAAP Information Core Earnings Metrics Quarters Ended (in thousands, except per share data) September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 Net Income $ 15,065 $ 13,136 $ 13,932 $ 7,533 $ 8,672 Add: Brokered Time Deposit Call, Net of Tax (3,
Slide 21: Reconciliation of Non-GAAP Information
Reconciliation of Non-GAAP Information Return on Average Tangible Common Equity Quarters Ended September 30, June 30, March 31, December 31, September 30, (in thousands) 2025 2025 2025 2024 2024 Net Income $ 15,065 $ 13,136 $ 13,932 $ 7,533 $ 8,672 Add: Intangible Amortization, net of tax 199 200 19