secwatch.observer — SEC 8-K summary
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Issuer:     Capital Bancorp Inc (CBNK)
CIK:        0001419536
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001419536-24-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Capital Bancorp Q3 net income $8.7M ($0.62 EPS); adjusted EPS $0.66; dividend $0.10
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- Net income of $8.7M, up 5.7% QoQ from $8.2M; diluted EPS $0.62 vs $0.59 prior quarter.
- Adjusted net income (excl. merger costs) $9.2M, or $0.66 diluted EPS.
- Net interest income $38.4M, +3.5% QoQ; NIM 6.41%; core NIM (ex-credit card) 4.08%.
- Loans +$85.9M (16.9% annualized); deposits +$85.8M (16.2% annualized); TBV $20.13, +4.5%.
- Completed IFHI merger on Oct 1; Q3 pre-tax merger costs $0.5M; declared $0.10 dividend (payable Nov 20, record Nov 4).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419536/000141953624000026/0001419536-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419536/000141953624000026/cbnk-20241028.htm
  HTML page:      https://secwatch.observer/filing/0001419536-24-000026

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