---
schema_version: "secwatch.filing_event.v1"
accession: "0001419536-23-000108"
form_type: "8-K"
ticker: "CBNK"
cik: "0001419536"
company_name: "Capital Bancorp Inc"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:15:28.150462+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Capital Bancorp Q2 EPS $0.52, down 36% YoY; dividend raised 33% to $0.08

## Summary
- Net income $7.3M ($0.52 diluted EPS) vs $9.7M ($0.68) in Q1 2023 and $11.5M ($0.80) in Q2 2022.
- Dividend declared $0.08 per share, 33.3% increase from prior quarter; payable Aug 23, record Aug 7.
- Average deposits grew $110.4M (25% annualized); average portfolio loans up $50.3M in Q2.
- Net interest margin 6.63%, stable vs 6.65% prior quarter; adjusted NIM (ex-credit card/PPP) improved to 4.06%.
- Noninterest expense $29.6M rose 12.9% QoQ driven by $2.1M marketing spend for OpenSky acquisition.

## SEC filing metadata
- accession: 0001419536-23-000108
- form_type: 8-K
- ticker: CBNK
- cik: 0001419536
- company_name: Capital Bancorp Inc
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419536/000141953623000108/0001419536-23-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419536/000141953623000108/cbnk-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001419536-23-000108
- JSON: https://secwatch.observer/filing/0001419536-23-000108.json
- Plain text: https://secwatch.observer/filing/0001419536-23-000108.txt

## Key facts
- Earnings Releases
  Capital Bancorp Inc reported second quarter 2023 results: net income $7.3 million, EPS $0.52 per diluted share.
  - Period: second quarter 2023
  - Net income: $7.3 million
  - EPS: $0.52 per diluted share
  - Result: reported results
  source text: Capital Bancorp, Inc. (the "Company") (NASDAQ: CBNK), the holding company for Capital Bank, N.A. (the "Bank"), today reported net income of $7.3 million, or $0.52 per diluted share, for the second quarter 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1419536/000141953623000108/0001419536-23-000108-index.htm

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