The business behind the dividend
| Measure | CBNK | Median | Formula |
|---|---|---|---|
| Return on equity | 14.2% | 10.6% | Net income ÷ shareholders’ equity |
| Return on capital employed | — | — | Operating income ÷ (equity + total debt) |
| Owner earnings | — | — | Net income + depreciation & amortisation − capital expenditure |
| Free cash flow | $67.35m | $155.08m | Operating cash flow − capital expenditure |
| Operating margin | 28.7% | 14.3% | Operating income ÷ revenue |
| Net margin | 21.9% | 10.1% | Net income ÷ revenue |
| Debt to equity | — | — | Total debt ÷ shareholders’ equity |
| Interest cover | — | — | Operating income ÷ interest expense |
| Current ratio | — | — | Current assets ÷ current liabilities |
| Long-term debt to working capital | — | — | Long-term debt ÷ (current assets − current liabilities) |
| Cash conversion | — | — | Operating cash flow ÷ net income |
| Accruals | -0.3% | -3.1% | (Net income − operating cash flow) ÷ total assets |
Not computed here: Cash conversion, Current ratio, Debt to equity, Long-term debt to working capital, Interest cover, Owner earnings, Return on capital employed — why a blank is not a zero.
Ten years of it
The same measures, for every year the filings support. One year is a fact; a row is a business.
| Measure | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | Median |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on equity | 14.2% | 8.7% | 14.1% | 18.7% | 20.2% | 16.2% | 12.7% | 11.1% | 8.9% | 14.1% |
| Operating margin | 28.7% | -1.7% | -2.5% | -3.0% | 43.7% | 36.1% | — | — | — | -1.7% |
| Net margin | 21.9% | 14.5% | 19.6% | 27.7% | 32.4% | 26.6% | 20.6% | 18.5% | 12.5% | 20.6% |
How it compares in banks & insurers
Among the 377 banks & insurers companies here measured on GAAP earnings, Capital Bancorp pays out less than 336 of them. The median for that group is 30.6%, against this company’s 12.9%.
Closest on GAAP earnings
- Nicolet Bankshares (NIC) 12.7%
- PennyMac Financial Services (PFSI) 12.9%
- Mercury General (MCY) 13.0%
- WSFS Financial (WSFS) 13.0%
Same sector and same denominator, so the figures are comparable. All 377 in banks & insurers →