NasdaqGS:CBNK

Stock Analysis Report

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Executive Summary

Capital Bancorp, Inc. operates as the bank holding company for Capital Bank, N.A. More Details


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has Capital Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CBNK has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.9%

CBNK

-5.4%

US Banks

-4.1%

US Market


1 Year Return

-29.2%

CBNK

-30.9%

US Banks

12.0%

US Market

Return vs Industry: CBNK exceeded the US Banks industry which returned -30.9% over the past year.

Return vs Market: CBNK underperformed the US Market which returned 12% over the past year.


Shareholder returns

CBNKIndustryMarket
7 Day-4.9%-5.4%-4.1%
30 Day6.2%3.4%-0.2%
90 Day-5.4%-0.4%2.8%
1 Year-29.2%-29.2%-28.3%-30.9%14.6%12.0%
3 Yearn/a-20.9%-27.5%35.8%26.8%
5 Yearn/a10.3%-3.4%75.2%55.6%

Price Volatility Vs. Market

How volatile is Capital Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Capital Bancorp undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CBNK ($10.05) is trading below our estimate of fair value ($25.01)

Significantly Below Fair Value: CBNK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CBNK is good value based on its PE Ratio (6.5x) compared to the US Banks industry average (9.9x).

PE vs Market: CBNK is good value based on its PE Ratio (6.5x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: CBNK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CBNK is overvalued based on its PB Ratio (0.9x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Capital Bancorp forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-5.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBNK's earnings are forecast to decline over the next 3 years (-5.4% per year).

Earnings vs Market: CBNK's earnings are forecast to decline over the next 3 years (-5.4% per year).

High Growth Earnings: CBNK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CBNK's revenue (3.2% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: CBNK's revenue (3.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CBNK's Return on Equity is forecast to be low in 3 years time (9.8%).


Next Steps

Past Performance

How has Capital Bancorp performed over the past 5 years?

22.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBNK has high quality earnings.

Growing Profit Margin: CBNK's current net profit margins (18.4%) are lower than last year (18.5%).


Past Earnings Growth Analysis

Earnings Trend: CBNK's earnings have grown significantly by 22.9% per year over the past 5 years.

Accelerating Growth: CBNK's earnings growth over the past year (38.4%) exceeds its 5-year average (22.9% per year).

Earnings vs Industry: CBNK earnings growth over the past year (38.4%) exceeded the Banks industry -3.6%.


Return on Equity

High ROE: CBNK's Return on Equity (14.2%) is considered low.


Next Steps

Financial Health

How is Capital Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CBNK's Assets to Equity ratio (12.6x) is moderate.

Allowance for Bad Loans: CBNK has a sufficient allowance for bad loans (192%).

Low Risk Liabilities: 96% of CBNK's liabilities are made up of primarily low risk sources of funding.

Loan Level: CBNK has an appropriate level of Loans to Assets ratio (77%).

Low Risk Deposits: CBNK's Loans to Deposits ratio (88%) is appropriate.

Level of Bad Loans: CBNK has an appropriate level of bad loans (0.8%).


Next Steps

Dividend

What is Capital Bancorp current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CBNK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CBNK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CBNK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CBNK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CBNK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Ed Barry (50 yo)

8.08yrs

Tenure

US$1,064,252

Compensation

Mr. Edward F. Barry, also known as Ed, is Chief Executive Officer of Capital Bancorp, Inc. and Capital Bank, National Association since September 2012 and serves as Director of Capital Bancorp, Inc. since ...


CEO Compensation Analysis

Compensation vs Market: Ed's total compensation ($USD1.06M) is above average for companies of similar size in the US market ($USD593.13K).

Compensation vs Earnings: Ed's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Edward Barry
CEO & Director8.08yrsUS$1.06m2.12%
$ 2.9m
Karl Dicker
Executive VP & COO - Capital Bank2.75yrsUS$553.50k0.14%
$ 189.0k
Alan Jackson
Executive VP & CFO3.75yrsUS$476.37kno data

3.8yrs

Average Tenure

50yo

Average Age

Experienced Management: CBNK's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Edward Barry
CEO & Director8.08yrsUS$1.06m2.12%
$ 2.9m
Deborah Salzberg
Independent Director4.75yrsUS$48.83k0.29%
$ 401.6k
Stephen Ashman
Independent Directorno dataUS$180.03k5.16%
$ 7.1m
Joshua Bernstein
Independent Director8.75yrsUS$61.95k6.76%
$ 9.3m
Michael Burke
Independent Director3.75yrsUS$66.62k2%
$ 2.7m
C. Brannan
Independent Director1.83yrsUS$41.39k0.0042%
$ 5.8k
Scot Browning
Director18.75yrsUS$528.89k3.44%
$ 4.7m
Randall Levitt
Independent Director8.75yrsUS$68.82k6.77%
$ 9.3m
Steven Schwartz
Independent Chairman of the Board0.75yrUS$91.75k4.85%
$ 6.7m
James Whalen
Independent Director19.75yrsUS$115.95k6.89%
$ 9.5m

5.8yrs

Average Tenure

64yo

Average Age

Experienced Board: CBNK's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Capital Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Capital Bancorp, Inc.
  • Ticker: CBNK
  • Exchange: NasdaqGS
  • Founded: 1998
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$137.504m
  • Shares outstanding: 13.68m
  • Website: https://capitalbankmd.com

Number of Employees


Location

  • Capital Bancorp, Inc.
  • 2275 Research Boulevard
  • Suite 600
  • Rockville
  • Maryland
  • 20850
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBNKNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDSep 2018

Biography

Capital Bancorp, Inc. operates as the bank holding company for Capital Bank, N.A. that provides various commercial banking products and services to businesses, not-for-profit associations, and entrepreneur ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 03:54
End of Day Share Price2020/10/29 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.