---
schema_version: "secwatch.filing_event.v1"
accession: "0001419536-23-000074"
form_type: "8-K"
ticker: "CBNK"
cik: "0001419536"
company_name: "Capital Bancorp Inc"
filed_at: "2023-04-21T23:59:59+00:00"
generated_at: "2026-06-16T21:14:08.858511+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Capital Bancorp Q1 2023 EPS $0.68, revenue up, but NPAs rise to 0.73%

## Summary
- Net income $9.7M ($0.68 diluted EPS) vs $10.2M ($0.71) in Q1 2022; ROAA 1.84% and ROAE 16.98%.
- Total assets $2.25B (+5.8% YoY); portfolio loans up 17% to $1.79B; deposits up 4.4% to $1.94B.
- Net interest margin 6.65% (ex credit cards & SBA-PPP at 3.81%, flat YoY).
- Nonperforming assets rose to 0.73% of assets from 0.28%, driven by a single $8.2M well-collateralized loan.
- OpenSky revenue fell $0.5M on declining active accounts; noninterest income down 27.3% YoY.

## SEC filing metadata
- accession: 0001419536-23-000074
- form_type: 8-K
- ticker: CBNK
- cik: 0001419536
- company_name: Capital Bancorp Inc
- filed_at: 2023-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419536/000141953623000074/0001419536-23-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419536/000141953623000074/cbnk-20230420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001419536-23-000074
- JSON: https://secwatch.observer/filing/0001419536-23-000074.json
- Plain text: https://secwatch.observer/filing/0001419536-23-000074.txt

## Key facts
- Earnings Releases
  Capital Bancorp Inc reported the three months ended March 31, 2023 results: net income $9.7 million, EPS $0.68 per diluted share.
  - Period: the three months ended March 31, 2023
  - Net income: $9.7 million
  - EPS: $0.68 per diluted share
  - Result: reported results
  source text: today reported net income of $9.7 million, or $0.68 per diluted share, for the first quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1419536/000141953623000074/0001419536-23-000074-index.htm

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