---
schema_version: "secwatch.filing_event.v1"
accession: "0001419536-23-000024"
form_type: "8-K"
ticker: "CBNK"
cik: "0001419536"
company_name: "Capital Bancorp Inc"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:24:10.090149+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CBNK reports Q4 net income down 11.6% YoY to $9.0M; record full-year earnings of $41.8M

## Summary
- Q4 2022 diluted EPS of $0.62 vs $0.71 in Q4 2021; net income $9.0M, down 11.6% YoY.
- Full-year 2022 net income rose 4.6% to $41.8M; diluted EPS $2.91 vs $2.84 in 2021.
- Portfolio loans grew 13.4% YoY to $1.7B; tangible book value per share up 11.8% to $15.84.
- OpenSky revenue declined 8.2% to $20.3M; mortgage banking revenue fell $2.8M in Q4.
- CEO cites challenging deposit environment; expects Commercial Bank growth and Mortgage recovery in 2023.

## SEC filing metadata
- accession: 0001419536-23-000024
- form_type: 8-K
- ticker: CBNK
- cik: 0001419536
- company_name: Capital Bancorp Inc
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419536/000141953623000024/0001419536-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419536/000141953623000024/cbnk-20230125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001419536-23-000024
- JSON: https://secwatch.observer/filing/0001419536-23-000024.json
- Plain text: https://secwatch.observer/filing/0001419536-23-000024.txt

## Key facts
- Earnings Releases
  Capital Bancorp Inc reported financial results for for the three and twelve months ended December 31, 2022.
  - Period: for the three and twelve months ended December 31, 2022
  - Result: reported results
  source text: On January 25, 2023 , Capital Bancorp, Inc. (the “Company”) issued a press release announcing the Company’s unaudited financial results for the three and twelve months ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1419536/000141953623000024/0001419536-23-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.