Group 1 - The Federal Reserve Board approved Cornerstone Capital Bancorp, Inc.'s application to acquire Peoples Bancorp, Inc. [1] - This acquisition will allow Cornerstone Capital Bancorp to indirectly acquire Peoples Bank, located in Lubbock, Texas [1]

分组1 - Capital Bancorp (CBNK) reported quarterly earnings of $0.91 per share, exceeding the Zacks Consensus Estimate of $0.83 per share, but slightly down from $0.92 per share a year ago, resulting in an earnings surprise of +9.64% [1] - The company achieved revenues of $62.74 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.69% and increasing from $56.24 million year-over-year [2] - Over the last four quarters, Capital Bancorp has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] 分组2 - The stock has gained approximately 4.2% since the beginning of the year, outperforming the S&P 500's gain of 1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.78 on revenues of $60.2 million, and for the current fiscal year, it is $3.25 on revenues of $251.3 million [7] - The Zacks Industry Rank for Banks - Northeast, to which Capital Bancorp belongs, is currently in the top 27% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]

Core Insights - Capital Bancorp, Inc. reported a net income of $15.0 million for 4Q 2025, which is flat compared to 3Q 2025 and represents a significant increase of 99.6% from $7.5 million in 4Q 2024 [2][8] - The company declared a cash dividend of $0.12 per share, payable on February 28, 2026 [3] - The diversified business model of the company has been a source of consistency and strength, enabling high performance across different market conditions [4] Financial Performance - Core net income for 4Q 2025 was $15.0 million, or $0.91 per diluted share, an increase of 18.1% from $12.2 million in 3Q 2025, but a decrease of 2.8% from $15.5 million in 4Q 2024 [8][5] - Net interest income decreased by $1.7 million, or 3.3% from 3Q 2025, but increased by $6.0 million, or 13.4% year-over-year [8][19] - The net interest margin (NIM) for 4Q 2025 was 5.94%, a decrease of 42 basis points from the prior quarter, but an increase of 7 basis points year-over-year [11] Balance Sheet Highlights - Total assets increased to $3.6 billion at December 31, 2025, up $216.8 million from September 30, 2025, and up $399.3 million, or 12.5%, year-over-year [10] - Gross loans grew by $137.5 million, or 19.3% (annualized), from September 30, 2025, and increased by $329.3 million, or 12.5%, year-over-year [10] - Total deposits reached $3.09 billion, an increase of $180.9 million, or 24.6% (annualized), from September 30, 2025, and up $331.0 million, or 12.0%, year-over-year [10] Credit Quality Metrics - The allowance for credit losses (ACL) coverage ratio was 1.85% at December 31, 2025, a decrease of 3 basis points from September 30, 2025, and flat year-over-year [12] - Nonperforming assets increased to $58.3 million, or 1.62% of total assets, an increase of $6.0 million from September 30, 2025 [13] - Substandard loans totaled $58.5 million, or 2.0% of total portfolio loans, consistent with the previous quarter [21] Efficiency and Return Ratios - The efficiency ratio was 62.3% for 4Q 2025, compared to 60.8% for 3Q 2025 and 66.7% for 4Q 2024 [14] - Return on average assets (ROA) was 1.71% for 4Q 2025, compared to 1.77% for 3Q 2025 and 0.96% for 4Q 2024 [16] - Return on equity (ROE) was 15.23% for 4Q 2025, compared to 15.57% for 3Q 2025 and 8.50% for 4Q 2024 [25]

Financial Performance - 4Q 2025 net income was $15.0 million, flat compared to 3Q 2025, with earnings per share of $0.91, an increase of $0.02 per share [3]. - Core net income for 4Q 2025 was $15.0 million, or $0.91 per diluted share, up $2.9 million, or 18.1%, from 3Q 2025 [9]. - Net income for Q4 2025 was $15,037,000, a slight decrease of 0.2% from Q3 2025 but a significant increase of 99.6% from Q4 2024 [34]. - Net income for the year ended December 31, 2025, was $57,170,000, compared to $30,972,000 in 2024, reflecting an increase of 84.6% [38]. - Core Net Income for the year ended December 31, 2025, was $56,290,000, compared to $40,069,000 for the year ended December 31, 2024, representing a 40.5% year-over-year increase [61]. Revenue and Income Sources - Total Revenue for Q4 2025 was $62,743,000, slightly down from $63,088,000 in Q3 2025, but up from $56,240,000 in Q4 2024 [59]. - Noninterest income increased by 56.6% year-over-year, totaling $49,187,000 for 2025 compared to $31,410,000 in 2024 [35]. - Total noninterest income for the year ended December 31, 2025, was $49,187,000, significantly higher than $31,410,000 for the previous year, marking a 56.5% increase [38]. - Total fee revenue of $4.8 million increased $0.3 million from the prior quarter, driven by credit-card related fees [29]. Asset and Loan Growth - Total assets reached $3.6 billion at December 31, 2025, an increase of $216.8 million from September 30, 2025, and $399.3 million, or 12.5% year-over-year [14]. - Gross loans grew by $137.5 million, or 19.3% (annualized), during 4Q 2025, and increased by $329.3 million, or 12.5% from 4Q 2024 [3]. - Total portfolio loans receivable, net, rose to $2,959,457,000 in Q4 2025, up from $2,821,983,000 in Q3 2025 and $2,630,163,000 in Q4 2024 [52]. Deposits and Funding - Total deposits increased by $180.9 million, or 24.6% (annualized), from 3Q 2025, and grew by $331.0 million, or 12.0% from 4Q 2024 [3]. - Total deposits were $3.09 billion, up $180.9 million, or 24.6% (annualized) from September 30, 2025, and $331.0 million, or 12.0% year-over-year [15]. - Noninterest-bearing deposits increased to $811,798 thousand as of December 31, 2025, compared to $675,360 thousand a year earlier [43]. Interest Income and Margin - Net interest income for 4Q 2025 was $50.3 million, a decrease of $1.7 million, or 3.3% from 3Q 2025, but an increase of $6.0 million, or 13.4% year-over-year [11]. - Interest income for Q4 2025 reached $68,634,000, an increase of 5.8% from Q3 2025 and 11.2% from Q4 2024 [34]. - The net interest margin (NIM) for 4Q 2025 was 5.94%, a decrease of 42 basis points from the prior quarter, but an increase of 7 basis points year-over-year [17]. Credit Quality and Losses - The allowance for credit losses to total loans (ACL Coverage Ratio) was 1.85% at December 31, 2025, a decrease of 3 basis points from September 30, 2025 [3]. - The provision for credit losses in 4Q 2025 was $4.0 million, a decrease of $0.7 million from 3Q 2025, with net charge-offs totaling $2.4 million, or 0.32% of portfolio loans [11]. - Nonperforming assets were $58.3 million or 1.62% of total assets at December 31, 2025, an increase of $6.0 million or 7 bps compared to September 30, 2025 [20]. Efficiency and Ratios - Efficiency ratio was 62.3% for 4Q 2025, compared to 60.8% for 3Q 2025 and 66.7% for 4Q 2024 [21]. - The Common Equity Tier-1 capital ratio was 12.98% as of December 31, 2025, down from 13.54% at September 30, 2025, while maintaining regulatory capital ratios above requirements [16]. - The total risk-based capital ratio stood at 12.60% in Q4 2025, down from 12.95% in Q3 2025, reflecting a decrease in capital adequacy [52]. Strategic Focus and Future Outlook - The company is focused on executing its strategic plan and investing in technology and human capital for future growth [5]. - The company has indicated that future performance may be affected by various factors, including economic conditions and regulatory changes, as outlined in their forward-looking statements [79][80]. - The company has made strategic acquisitions, including the IFH acquisition, which is expected to contribute to revenue growth and operational integration [80].

Forward Looking Statements 4Q 2025 Investor Overview | do de | | --- | | ��� | | do de | | во се подата се подата се се се од се во се во се во се во се во с | | 2007 года по седония од составите од полности од политиона по седони | | do de | This earnings release contains forward-looking statements. These forward-looking statements reflect our current views with respect to, among other things, future events and our financial performance. Any statements about our management's expectations, beliefs, plans, p ...

Core Viewpoint - Mulvihill Canadian Bank Enhanced Yield ETF has announced an increase in its monthly cash distribution to $0.09 per unit due to strong performance over the past year [1]. Group 1: Financial Performance - The ETF's monthly cash distribution will be $0.09 per unit, payable on February 6, 2026 [1]. - The record date for unitholders to receive the distribution is January 30, 2026 [1].

Core Viewpoint - Capital Bancorp, Inc. has renewed Ed Barry's employment agreement through December 2027 and is evolving its executive leadership structure to support its long-term vision as a diversified financial services enterprise [1][2]. Leadership Changes - Ed Barry will continue as Chief Executive Officer, focusing on enterprise-level strategy and key strategic initiatives [2]. - Steve Poynot, currently President and Chief Operating Officer, will be elevated to Chief Executive Officer of Capital Bank, N.A., while retaining oversight of Windsor Advantage [3]. Strategic Vision - The company's long-term growth strategy aims to create a diversified financial services enterprise, combining a core commercial bank with differentiated, high-performing businesses [4]. - The leadership alignment is designed to manage the complexity of the enterprise and maximize growth across various lines of business [4]. Financial Overview - As of September 30, 2025, Capital Bancorp, Inc. has $3.4 billion in assets and operates a diversified portfolio of regional banking and national specialty platforms [5].

Core Viewpoint - Capital Bancorp, Inc. has renewed Ed Barry's employment agreement through December 2027 and is evolving its executive leadership structure to support its long-term vision as a diversified financial services enterprise [1][2]. Leadership Changes - Ed Barry will continue as Chief Executive Officer, focusing on enterprise-level strategy and key strategic initiatives [2]. - Steve Poynot, currently President and Chief Operating Officer, will be elevated to Chief Executive Officer of Capital Bank, N.A., while retaining oversight of Windsor Advantage [3]. Strategic Vision - The company's long-term growth strategy aims to create a diversified financial services enterprise, combining a core commercial bank with differentiated, high-performing businesses [4]. - The leadership alignment is designed to manage the complexity of the enterprise and maximize growth across various lines of business [4]. Financial Overview - As of September 30, 2025, Capital Bancorp, Inc. has $3.4 billion in assets and operates a diversified portfolio of regional banking and national specialty platforms [5].

Core Insights - Capital Bank, N.A. is expanding its Small Business Administration (SBA) team to enhance its capabilities in small business lending and grow its national presence [1] Group 1: Leadership and Team Expansion - Kirk Beason has been appointed as the Head of SBA, bringing over 20 years of experience in managing government-guaranteed lending programs and known for improving credit discipline and portfolio performance [2] - Heidi Whitesell joins as SBA Sales Executive, recognized for her extensive experience in building national sales teams and previously serving as President and COO of a national SBA lender [3] - Ninel Struzska, with over 25 years of SBA and commercial credit experience, has been appointed as Senior Credit Officer to strengthen lending decision-making [4] - Raquel Zippilli is joining as SBA Relationship Liaison to support due diligence and coordination across SBA loan programs [4] Group 2: Strategic Intent and Company Background - The expansion is described as a deliberate investment in the future of Capital Bank's SBA business, aiming to better serve entrepreneurs with enhanced speed and insight [5] - Capital Bancorp, Inc. operates bank branches in seven locations and had assets of approximately $3.4 billion as of September 30, 2025 [5]

Core Insights - Capital Bank has been recognized as one of American Banker's Best Banks to Work For in 2025, marking the sixth time the bank has received this accolade, reflecting its commitment to a positive workplace culture [1][2] Group 1: Recognition and Ranking - A total of 90 banks were recognized nationwide, with Capital Bank ranked 85 based on an anonymous employee survey and a review of benefits, policies, and practices [2] - The recognition highlights Capital Bank's ongoing efforts to create an environment where employees feel valued and supported [2] Group 2: Company Culture and Employee Engagement - The culture at Capital Bank is centered around genuinely caring for employees, with investments in programs that promote growth, reward excellence, and enhance collaboration [3] - Initiatives focused on employee well-being include rewards and recognition, wellness programming, and community involvement, providing opportunities for learning and contribution [3] Group 3: Leadership and Onboarding - The CEO of Capital Bank emphasized that employee support in the right environment is crucial for growth, and the recognition reflects the strength of the bank's culture [4] - The Capital Bank Immersion program introduces new employees to senior leaders and key areas of the organization, ensuring consistency across markets following the acquisition of Integrated Financial Holdings, Inc. [4] Group 4: Assessment and Qualification - The Best Banks to Work For program involves a two-part assessment, with 25% of the score based on workplace policies and 75% based on anonymous employee surveys [5] - To qualify for the ranking, banks must have at least 50 U.S. employees and be in operation for a minimum of one year [6] Group 5: Company Overview - Capital Bancorp, Inc. operates in seven locations and had assets of approximately $3.4 billion as of September 30, 2025 [7] - The bank's approach to business banking emphasizes personalized service and innovative technology, adhering to the principle of "Think Big, Act Local" [8]