Capital Bancorp Q1 FY26 net income falls 13.7% to $12.02 million

• Capital Bancorp posted net income of $12.02 million for quarter ended March 31, 2026, down 13.7% from year earlier.
• Net interest income rose 7.3% to $49.4 million, while net interest margin narrowed 34 basis points to 5.71%.
• Noninterest income increased 6.6% to $13.37 million, led by credit card fees up 26.1% to $4.69 million.
• Noninterest expense climbed 14.8% to $43.68 million, driven by higher professional fees and salaries and employee benefits.
• Provision for credit losses increased 34.2% to $3.01 million as net charge-offs rose to $2.99 million, or 0.4% of average portfolio loans on an annualized basis.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capital Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001419536-26-000100), on May 08, 2026, and is solely responsible for the information contained therein.