Detailed financial statements for Chain Bridge Bancorp, Inc. (CBNA): income statement, balance sheet and cash-flow summary. Track margins, debt, liquidity and profitability trends year over year with up to 20 years of history.
Chain Bridge Bancorp, Inc., a bank holding company chartered in Delaware and established in 2006, is headquartered in McLean, Virginia. This entity serves as the parent company for Chain Bridge Bank, National Association, which provides a comprehensive range of commercial, personal, and trust banking services across the United States.
Analysis Summary
Chain Bridge Bancorp, Inc. reported revenue of $59.4M in the most recent fiscal year, growing at a 5-year CAGR of 27.2%. Net income reached $20.2M, with a 31.9% 5-year CAGR.
Trailing-twelve-month margins: gross margin 95.0%, operating margin 46.3%, net margin 40.4%.
At the current price of $46.03, CBNA trades at a P/E of 11.61 and an ROE of 15.42%. Market capitalisation stands at $302M.
Balance sheet quality for CBNA: current ratio of 0.6. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Cash flow quality is below average: free cash flow of $11.5M represents 57% conversion of reported net income. High conversion (above 90%) suggests earnings translate cleanly into cash; lower conversion may indicate working capital tightness or accounting timing differences.
Income Statement (10y)
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.5M | $13.4M | $14.8M | $17.8M | $18.4M | $30.5M | $34.3M | $57.0M | $59.4M |
| Cost of Revenue | 0 | 0 | 0 | 0 | 0 | $2.1M | $3.9M | $3.9M | $3.9M |
| Gross Profit | $11.5M | $13.4M | $14.8M | $17.8M | $18.4M | $28.4M | $30.4M | $53.1M | $55.5M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $6.8M | $7.7M | $8.7M | $10.0M | $11.0M | $12.7M | $13.8M | $18.0M | $20.9M |
| Operating Expenses | $6.8M | $7.7M | $8.7M | $10.0M | $11.0M | $18.2M | $19.5M | $26.8M | $30.1M |
| Operating Income | $4.8M | $5.7M | $6.0M | $7.8M | $7.4M | $10.2M | $10.9M | $26.3M | $25.4M |
| EBITDA | 0 | 0 | 0 | 0 | 0 | $10.7M | $11.4M | $26.8M | $25.8M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | $1.3M | $4.0M | $3.7M | $4.3M |
| Pre-tax Income | $3.1M | $3.9M | $4.5M | $6.2M | $6.0M | $10.2M | $10.9M | $26.3M | $25.4M |
| Income Tax | $704921 | $934869 | $1.9M | $1.1M | $1.1M | $1.9M | $2.1M | $5.3M | $5.2M |
| Net Income | $2.4M | $3.0M | $2.6M | $5.1M | $4.9M | $8.3M | $8.8M | $20.9M | $20.2M |
| EPS | $0.70 | $0.87 | $0.75 | $1.27 | $1.23 | $1.29 | $1.38 | $4.17 | $3.08 |
| EPS (Diluted) | $0.70 | $0.87 | $0.75 | $1.27 | $1.23 | $1.29 | $1.38 | $4.17 | $3.08 |
| Shares Outstanding (Diluted) | $3.5M | $3.5M | $3.5M | $4.0M | $4.0M | $6.4M | $6.4M | $5.0M | $6.6M |
Balance Sheet (10y)
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.5M | $67.2M | $133.1M | $32.0M | $99.1M | $98.7M | $316.8M | $410.7M | $586.6M |
| Short-term Investments | 0 | 0 | 0 | 0 | 0 | $279.6M | $258.1M | $358.3M | $332.4M |
| Receivables | 0 | 0 | 0 | 0 | 0 | $4.3M | $4.4M | $4.2M | $7.1M |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 0 | 0 | 0 | 0 | 0 | $382.6M | $579.2M | $773.3M | $926.1M |
| Property, Plant & Equipment | $7.7M | $7.4M | $8.3M | $11.4M | $11.3M | $10.1M | $9.9M | $9.6M | $13.2M |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | $420.7M | $483.6M | $603.6M | $547.1M | $829.8M | $1.03B | $1.21B | $1.40B | $1.75B |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | $20000 | $61000 | $46000 | $32000 |
| Short-term Debt | 0 | 0 | 0 | 0 | 0 | $5.0M | $5.0M | 0 | 0 |
| Total Current Liabilities | 0 | 0 | 0 | 0 | 0 | $958.0M | $1.12B | $1.25B | $1.57B |
| Long-term Debt | 0 | 0 | 0 | $39.3M | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | $387.6M | $449.1M | $559.9M | $500.5M | $772.9M | $961.9M | $1.12B | $1.26B | $1.58B |
| Retained Earnings | $12.3M | $15.0M | $17.6M | $22.3M | $26.8M | $48.1M | $56.7M | $77.6M | $97.9M |
| Total Equity | $33.1M | $34.5M | $43.8M | $46.6M | $56.9M | $68.8M | $83.4M | $144.2M | $169.2M |
| Total Debt | 0 | 0 | 0 | $39.3M | 0 | $5.0M | $5.0M | 0 | 0 |
| Net Debt | -$11.5M | -$67.2M | -$133.1M | $7.3M | -$99.1M | -$373.3M | -$569.9M | -$769.1M | -$919.0M |
| Working Capital | 0 | 0 | 0 | 0 | 0 | -$575.4M | -$537.9M | -$476.7M | -$647.2M |
Cash Flow (10y)
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | $2.4M | $3.0M | $2.6M | $5.1M | $4.9M | $8.3M | $8.8M | $20.9M | $20.2M |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | $501000 | $491000 | $494000 | $470000 |
| Stock-based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0 | 0 | 0 | 0 | 0 | $5.1M | $963000 | $1.4M | -$1.4M |
| Operating Cash Flow | 0 | 0 | 0 | 0 | 0 | $17.3M | $12.8M | $21.8M | $15.6M |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | -$88000 | -$269000 | -$223000 | -$4.1M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | $17.3M | $12.5M | $21.6M | $11.5M |
Growth & Margins (10y)
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue Growth (YoY) | +16.2% | +10.2% | +20.4% | +3.3% | +65.8% | +12.4% | +66.4% | +4.2% | |
| Net Income Growth (YoY) | +23.3% | -13.4% | +95.4% | -3.5% | +69.5% | +6.6% | +137.2% | -3.4% | |
| EPS Growth (YoY) | +24.3% | -13.8% | +69.3% | -3.1% | +4.9% | +7.0% | +202.2% | -26.1% | |
| Shares Change (YoY) | +0.1% | +0.1% | +14.9% | +0.0% | +61.6% | +0.0% | -21.8% | +30.7% | |
| FCF Growth (YoY) | -27.3% | +72.0% | -46.8% | ||||||
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 93.1% | 88.7% | 93.2% | 93.4% |
| Operating Margin | 41.3% | 42.6% | 40.9% | 43.9% | 40.2% | 33.3% | 31.8% | 46.1% | 42.8% |
| EBITDA Margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 35.0% | 33.3% | 46.9% | 43.4% |
| Net Margin | 21.0% | 22.3% | 17.5% | 28.5% | 26.6% | 27.2% | 25.8% | 36.7% | 34.1% |
| FCF Margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 56.6% | 36.6% | 37.8% | 19.3% |
| Effective Tax Rate | 22.5% | 23.8% | 41.8% | 17.9% | 18.1% | 18.5% | 19.0% | 20.2% | 20.4% |
Per-Share Data (10y)
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| FCF Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.69 | $1.95 | $4.30 | $1.75 |
| Dividends Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | $3.5M | $3.5M | $3.5M | $4.0M | $4.0M | $6.4M | $6.4M | $5.0M | $6.6M |
What to look at in Banking companies
- Efficiency Ratio (<=55%) — Operating expenses / revenue. Top banks below 55%.
- ROA (>=1%) — How much they earn per dollar of assets. ROE misleads in banks due to leverage.
- ROTCE (>=12%) — Return on Tangible Common Equity. Strips goodwill and intangibles.
- Equity / Assets (Tier 1 proxy) (>=8%) — Capital ratio proxy. FMP does not expose regulatory Tier 1 directly.
- P/B (1.0-1.5x) — Classic banking metric. <1x can be opportunity or distress.
- Sustainable dividend yield (>=2%, <8%) — EU banks pay 5-7% normally. >8% is distress signal.
Profitability
| Return on Equity | 15.42% |
| Return on Invested Capital | -2.15% |
| Return on Assets | 1.21% |
| Gross Margin | 95.05% |
| Operating Margin | 46.27% |
| Net Margin | 40.36% |
Financial Health
| Debt / Equity | 0.00 |
| Current Ratio | 0.43 |
Key Ratios (10y)
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| P/E | 30.29 | 24.37 | 28.27 | 16.69 | 17.24 | 16.43 | 15.36 | 6.01 | 11.25 |
| P/B | 2.21 | 2.13 | 1.68 | 1.81 | 1.48 | 1.98 | 1.63 | 0.87 | 1.34 |
| P/S | 6.34 | 5.46 | 4.96 | 4.73 | 4.58 | 4.46 | 3.97 | 2.21 | 3.83 |
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 93.1% | 88.7% | 93.2% | 93.4% |
| Operating Margin | 41.3% | 42.6% | 40.9% | 43.9% | 40.2% | 33.3% | 31.8% | 46.1% | 42.8% |
| Net Margin | 21.0% | 22.3% | 17.5% | 28.5% | 26.6% | 27.2% | 25.8% | 36.7% | 34.1% |
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Explore sector: Financial Services · Banks - Regional
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