---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-013438"
form_type: "8-K"
ticker: "CBNK"
cik: "0001419536"
company_name: "Capital Bancorp Inc"
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T05:58:34.882317+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Capital Bancorp to acquire Integrated Financial Holdings for $66M in cash and stock, expects 17% EPS accretion

## Summary
- Deal valued at $66M; IFH shareholders receive $5.36 cash + 1.115 CBNK shares per share; implied $27.66/sh.
- Expected 17% EPS accretion in 2025; TBV dilution ~5% earned back in ~1.8 years.
- Pro forma fee income to exceed 20% of total revenue; combined loan book ~38% C&I/owner-occupied CRE.
- IFH to distribute minority interest in Dogwood State Bank ($7.69/sh value) to its shareholders pre-close.
- Marc McConnell (IFH CEO) to join CBNK board; other IFH executives in leadership roles.

## SEC filing metadata
- accession: 0001628280-24-013438
- form_type: 8-K
- ticker: CBNK
- cik: 0001419536
- company_name: Capital Bancorp Inc
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419536/000162828024013438/0001628280-24-013438-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419536/000162828024013438/cbnk-20240327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-013438
- JSON: https://secwatch.observer/filing/0001628280-24-013438.json
- Plain text: https://secwatch.observer/filing/0001628280-24-013438.txt

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