Estados financieros detallados de Capital Bancorp, Inc. (CBNK): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Capital Bancorp, Inc. registró ingresos de $303.6M en el último ejercicio fiscal, con un CAGR de 5 años del 15.6%. El beneficio neto alcanzó $57.2M, con un CAGR a 5 años del 17.2%.
Márgenes de los últimos 12 meses: margen bruto 73.5%, margen operativo 15.8%, margen neto 19.3%. El flujo de caja libre creció a un CAGR del 67.0% en 5 años.
Al precio actual de $36.33, CBNK cotiza a un P/E de 10.59 y un ROE del 13.85%. La capitalización bursátil es de $592M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $69.7M | $71.9M | $85.5M | $107.9M | $147.4M | $173.9M | $180.0M | $206.5M | $242.3M | $303.6M |
| Coste de Ventas | $10.8M | $10.4M | $13.4M | $18.6M | $24.4M | $9.9M | $16.7M | $51.2M | $76.7M | $80.1M |
| Beneficio Bruto | $58.9M | $61.5M | $72.1M | $89.2M | $123.0M | $164.0M | $163.3M | $155.4M | $165.6M | $223.6M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $32.5M | $35.4M | $40.8M | $50.2M | $62.9M | $42.6M | $49.1M | $54.9M | $62.4M | $86.1M |
| Gastos Operativos | $43.4M | $47.4M | $54.4M | $66.5M | $87.8M | $110.1M | $109.1M | $109.1M | $123.8M | $153.0M |
| Beneficio Operativo | $15.6M | $14.1M | $17.7M | $22.7M | $35.1M | $53.9M | $54.2M | $46.2M | $41.8M | $70.6M |
| EBITDA | $16.5M | $15.1M | $18.8M | $25.1M | $37.0M | $55.1M | $55.7M | $46.7M | $44.0M | $73.6M |
| Gastos por Intereses | $6.5M | $7.8M | $11.2M | $15.8M | $13.2M | $6.5M | $10.0M | $41.7M | $58.6M | $64.9M |
| Beneficio Antes de Impuestos | $15.6M | $14.1M | $17.7M | $22.7M | $35.1M | $53.9M | $54.2M | $46.2M | $41.8M | $74.9M |
| Impuestos | $6.1M | $7.0M | $5.0M | $5.8M | $9.3M | $13.9M | $12.4M | $10.4M | $10.9M | $17.8M |
| Beneficio Neto | $9.4M | $7.1M | $12.8M | $16.9M | $25.8M | $40.0M | $41.8M | $35.9M | $31.0M | $57.2M |
| BPA | $0.72 | $0.54 | $1.05 | $1.23 | $1.87 | $2.90 | $2.98 | $2.56 | $2.12 | $3.45 |
| BPA Diluido | $0.72 | $0.54 | $1.02 | $1.21 | $1.87 | $2.84 | $2.91 | $2.55 | $2.12 | $3.40 |
| Acciones en Circulación (Diluidas) | $13.2M | $13.2M | $12.5M | $14.0M | $13.8M | $14.1M | $14.4M | $14.1M | $14.6M | $16.5M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $74.8M | $79.9M | $68.0M | $70.0M |
| Beneficio Bruto | $57.1M | $57.6M | $49.4M | $50.9M |
| Beneficio Operativo | $19.9M | $19.7M | $2.5M | $4.1M |
| EBITDA | $20.9M | $20.6M | $3.4M | $4.1M |
| Beneficio Neto | $15.1M | $15.0M | $12.0M | $14.2M |
| BPA | $0.91 | $0.91 | $0.74 | $0.87 |
| BPA Diluido | $0.89 | $0.91 | $0.73 | $0.87 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $34.0M | $48.5M | $32.4M | $113.0M | $144.5M | $179.7M | $59.7M | $53.6M | $205.3M | $30.9M |
| Inversiones a Corto | $48.0M | $54.0M | $46.9M | $60.8M | $99.8M | $184.5M | $252.5M | $84.6M | $102.7M | $230.1M |
| Cuentas por Cobrar | $3.2M | $3.9M | $4.5M | $4.8M | $8.1M | $7.9M | $9.5M | $11.5M | $16.7M | $25.8M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $85.2M | $108.0M | $83.9M | $178.6M | $252.5M | $372.1M | $321.7M | $149.7M | $324.6M | $286.8M |
| Inmovilizado Material | $2.2M | $2.6M | $3.0M | $6.1M | $4.5M | $3.3M | $3.4M | $5.1M | $15.5M | $15.1M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $21.1M | $26.0M |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $15.8M | $13.2M |
| Activos Totales | $905.6M | $1.03B | $1.11B | $1.43B | $1.88B | $2.06B | $2.12B | $2.23B | $3.21B | $3.61B |
| Cuentas por Pagar | $776346 | $1.1M | $1.6M | $1.8M | $1.1M | $473000 | $1.0M | $5.6M | $9.4M | $8.7M |
| Deuda a Corto | $11.4M | $13.1M | $5.2M | 0 | $10.0M | $10.0M | $10.0M | 0 | 0 | 0 |
| Pasivos Corrientes | $803.1M | $919.0M | $962.0M | $1.23B | $1.66B | $1.81B | $1.77B | $1.90B | $2.77B | $2.25B |
| Deuda a Largo | $21.6M | $17.6M | $17.4M | $47.6M | $26.0M | $24.1M | $119.1M | $49.1M | $34.1M | $52.1M |
| Pasivos Totales | $834.9M | $945.9M | $990.5M | $1.29B | $1.72B | $1.86B | $1.90B | $1.97B | $2.85B | $3.20B |
| Reservas | $46.1M | $53.2M | $65.7M | $81.6M | $106.9M | $144.5M | $182.4M | $213.3M | $237.8M | $286.7M |
| Patrimonio Neto | $70.7M | $80.1M | $114.6M | $133.3M | $159.3M | $197.9M | $224.0M | $254.9M | $355.1M | $402.0M |
| Deuda Total | $33.0M | $30.6M | $22.6M | $47.6M | $36.0M | $34.1M | $129.1M | $49.1M | $34.1M | $52.1M |
| Deuda Neta | -$49.0M | -$72.0M | -$56.8M | -$126.2M | -$208.3M | -$330.1M | -$183.1M | -$89.1M | -$273.9M | -$208.9M |
| Capital Circulante | -$718.0M | -$811.1M | -$878.0M | -$1.05B | -$1.41B | -$1.44B | -$1.45B | -$1.75B | -$2.45B | -$1.96B |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $188.8M | $30.9M | $20.2M | $24.8M |
| Activos Totales | $3.39B | $3.61B | $3.81B | $3.89B |
| Pasivos Totales | $2.99B | $3.20B | $3.40B | $3.47B |
| Patrimonio Neto | $394.8M | $402.0M | $408.9M | $422.2M |
| Deuda Total | $34.1M | $52.1M | $59.6M | $52.1M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $9.4M | $7.1M | $12.8M | $16.9M | $25.8M | $40.0M | $41.8M | $35.9M | $31.0M | $57.2M |
| Amortizaciones | $966076 | $983000 | $1.1M | $2.4M | $1.9M | $1.2M | $1.4M | $473000 | $2.2M | $3.9M |
| Compensación en Acciones | $638722 | $506000 | $570000 | $795000 | $983000 | $1.3M | $1.7M | $1.8M | $1.9M | $1.6M |
| Cambio en Capital Circulante | -$7.6M | -$663000 | $2.8M | $2.5M | $3.0M | -$4.9M | -$10.2M | $215000 | $1.6M | -$2.5M |
| Flujo de Caja Operativo | $7.5M | $34.8M | $28.3M | -$27.2M | $5.5M | $132.1M | $51.4M | $47.4M | $34.9M | $69.7M |
| Inversiones (CapEx) | -$670425 | -$1.4M | -$1.7M | -$303000 | -$267000 | -$24000 | -$1.6M | -$2.2M | -$2.2M | -$2.4M |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $65.2M | 0 |
| Recompra de Acciones | -$3.4M | -$512000 | -$45000 | -$371000 | -$3.7M | 0 | 0 | -$8.8M | -$1.4M | -$11.7M |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | -$1.4M | -$3.1M | -$3.9M | -$5.3M | -$7.3M |
| Flujo de Caja Libre | $6.9M | $33.4M | $26.6M | -$27.5M | $5.2M | $132.1M | $49.8M | $45.3M | $32.8M | $67.3M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $32.9M | $18.5M | $21.8M | -$5.0M |
| Inversiones (CapEx) | -$1.2M | -$421000 | -$643000 | -$552000 |
| Flujo de Caja Libre | $31.7M | $18.0M | $21.1M | -$5.6M |
| Dividendos Pagados | -$2.0M | -$2.0M | -$2.0M | -$2.0M |
| Compensación en Acciones | $227000 | $378000 | $512000 | $1.5M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +3.1% | +19.0% | +26.1% | +36.6% | +18.0% | +3.5% | +14.7% | +17.3% | +25.3% |
| Crecimiento Beneficio Neto (anual) | | -24.7% | +79.6% | +32.3% | +52.8% | +54.8% | +4.6% | -14.2% | -13.7% | +84.6% |
| Crecimiento BPA (anual) | | -25.0% | +94.4% | +17.1% | +52.0% | +55.1% | +2.8% | -14.1% | -17.2% | +62.7% |
| Cambio en Acciones (anual) | | +0.0% | -5.3% | +12.1% | -1.2% | +2.0% | +2.0% | -2.0% | +4.0% | +12.7% |
| Crecimiento FCF (anual) | | +386.4% | -20.4% | -203.6% | +118.9% | +2444.4% | -62.3% | -9.2% | -27.6% | +105.5% |
| Margen Bruto | 84.5% | 85.5% | 84.4% | 82.7% | 83.4% | 94.3% | 90.7% | 75.2% | 68.4% | 73.6% |
| Margen Operativo | 22.3% | 19.6% | 20.8% | 21.1% | 23.8% | 31.0% | 30.1% | 22.4% | 17.3% | 23.3% |
| Margen EBITDA | 23.7% | 21.0% | 22.0% | 23.2% | 25.1% | 31.7% | 30.9% | 22.6% | 18.2% | 24.2% |
| Margen Neto | 13.5% | 9.9% | 14.9% | 15.7% | 17.5% | 23.0% | 23.2% | 17.4% | 12.8% | 18.8% |
| Margen FCF | 9.8% | 46.4% | 31.1% | -25.5% | 3.5% | 75.9% | 27.7% | 21.9% | 13.5% | 22.2% |
| Tasa Impositiva Efectiva | 39.3% | 49.6% | 28.1% | 25.6% | 26.5% | 25.8% | 22.9% | 22.4% | 26.0% | 23.7% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.52 | $2.54 | $2.13 | $-1.97 | $0.38 | $9.38 | $3.47 | $3.21 | $2.24 | $4.08 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.21 | $0.28 | $0.36 | $0.44 |
| Acciones en Circulación (Básicas) | $13.2M | $13.2M | $12.1M | $13.7M | $13.8M | $13.8M | $14.0M | $14.0M | $14.6M | $16.5M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | 13.85% |
| Rentabilidad sobre capital invertido | 0.92% |
| Rentabilidad sobre activos | 1.45% |
| Margen bruto | 73.47% |
| Margen operativo | 15.76% |
| Margen neto | 19.26% |
Salud financiera
| Deuda / Patrimonio | 0.12 |
| Ratio corriente | 0.86 |
| Piotroski F-Score | 7 |
| Altman Z-Score | -0.31 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 17.78 | 23.70 | 10.87 | 12.11 | 7.45 | 9.03 | 7.90 | 9.45 | 13.44 | 8.17 |
| P/VC | 2.38 | 2.10 | 1.21 | 1.53 | 1.21 | 1.83 | 1.47 | 1.33 | 1.17 | 1.16 |
| P/V | 2.42 | 2.34 | 1.62 | 1.90 | 1.30 | 2.08 | 1.83 | 1.64 | 1.72 | 1.53 |
| Margen Bruto | 84.5% | 85.5% | 84.4% | 82.7% | 83.4% | 94.3% | 90.7% | 75.2% | 68.4% | 73.6% |
| Margen Operativo | 22.3% | 19.6% | 20.8% | 21.1% | 23.8% | 31.0% | 30.1% | 22.4% | 17.3% | 23.3% |
| Margen Neto | 13.5% | 9.9% | 14.9% | 15.7% | 17.5% | 23.0% | 23.2% | 17.4% | 12.8% | 18.8% |