Capital Bancorp Inc
ir.capitalbankmd.comWhat Do They Do?
Provides loans and deposit services to businesses and nonprofits, and offers credit cards to consumers seeking to rebuild credit.
10-K for FY2025, filed Mar 16, 2026Our Commercial Banking division primarily operates within a corridor extending from Raleigh, North Carolina to Delaware, with significant…View ↗
OpenSky™ and CBHL both leverage Capital Bank’s national banking charter to operate national consumer business lines. OpenSky™ provides…View ↗
The secured credit cards require a minimum initial deposit of $100 and permit maximum initial deposits of $3,000 per card and $10,000 per…View ↗
How Do They Make Money?
Earns interest on loans and fees from banking services; for government-guaranteed loans, it sells the guaranteed portion for a one-time gain and keeps servicing and interest income. Transaction fees are generally received when transactions occur, while service fees are received as services are performed over monthly or quarterly periods.
10-K for FY2025, filed Mar 16, 2026Government guaranteed lending serves customers throughout the country in need of, and qualifying for, USDA and SBA loans. We generally sell…View ↗
In addition to lending and related activities, the Company offers various services to customers that generate revenue, certain of which are…View ↗
The chief operating decision maker uses revenue streams and other relevant market data to evaluate product pricing and significant expenses…View ↗
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10-K for FY2025, filed Mar 16, 2026
FY2025 revenue by reportable segment ↗
$260.9M
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10-K for FY2025, filed Mar 16, 2026
$260.9M ↗
| Segment | Share | Revenue |
|---|---|---|
|
Commercial Bank
|
76%
FY2022: 55%
|
Commercial Bank, FY2025
$199.1M Sources
|
|
Open Sky
|
23%
FY2022: 43%
|
Open Sky, FY2025
$60.9M Sources
|
|
Windsor AdvantageTM
|
0.0% |
Windsor AdvantageTM, FY2025
$0 Sources
|
|
CBHL
|
0.3%
FY2022: 0.3%
|
CBHL, FY2025
$806K Sources
|
Who Are Their Customers?
Businesses and nonprofits use Capital Bank's branches, loan offices and commercial banking services; consumers can apply for OpenSky cards through its digital platform. Community banks and credit unions are clients of Windsor Advantage's outsourced lending services.
10-K for FY2025, filed Mar 16, 2026Our Commercial Banking division primarily operates within a corridor extending from Raleigh, North Carolina to Delaware, with significant…View ↗
The Commercial Banking division operates out of seven full service banking locations, three of which are in the Washington, D.C.…View ↗
The OpenSky™ Division provides secured, partially secured and unsecured credit cards on a nationwide basis.View ↗
Windsor Advantage™ is a loan service provider that offers community banks and credit unions a comprehensive outsourced SBA and USDA lending…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 22 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Mar 16, 2026
10-K for FY2025, filed Mar 16, 2026
$57.2MView ↗
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 7, 2026
Open tableView ↗
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Aug 14, 2026
Company changed its independent accounting firm
Crowe LLP was selected as the independent accounting firm for the fiscal year ending December 31, 2026.
Sources
8-K, filed Aug 14, 2026
On August 14, 2026, Capital Bancorp, Inc., a Maryland corporation (the “Company”) dismissed Elliott Davis, PLLC as the Company’s…View ↗
Growing. Revenue grew 2.1x in 4 years, from $123.2M in FY2021 to $260.9M in FY2025, about 21% a year.
Added a loan-services platform
The latest report describes Windsor Advantage as a platform that services, processes and packages government-backed small-business and agricultural loans for financial institutions; the older report lists three divisions and does not describe this platform.
10-K for FY2022, filed Mar 15, 2023 10-K for FY2025, filed Mar 16, 2026Capital Bank currently operates three divisions: Commercial Banking, Capital Bank Home Loans, and OpenSky®. Our Commercial Banking division…View ↗
Broadened commercial banking channels
The older report describes commercial banking mainly in the Washington, D.C. and Baltimore areas. The latest report also describes nationwide government-guaranteed lending and specialized deposit services.
10-K for FY2022, filed Mar 15, 2023 10-K for FY2025, filed Mar 16, 2026Our Commercial Banking division primarily operates within a corridor extending from Raleigh, North Carolina to Delaware, with significant…View ↗
Government guaranteed lending serves customers throughout the country in need of, and qualifying for, USDA and SBA loans. We generally sell…View ↗
In addition to its loan officers, who have incentives and goals to drive core deposit growth, our Commercial Banking division currently has…View ↗
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