Capital Bancorp, Inc.

AI-generated fair value estimate for this company.

Method: Residual income / justified price-to-book model applied to book value: $25.92 book value per share (Q2 2026); 13.80% ROE (Q2 2026); 10.2% cost of equity (CAPM: 4.2% risk-free rate + 1.2 beta x 5% equity risk premium, reflecting CBNK's higher-risk OpenSky credit-card and specialty-lending mix); 5.5% long-term sustainable growth rate; implying a justified P/B of 1.77x applied to book value per share ($25.92 x 1.77 = $45.78).

Reasoning: CBNK's ROE of about 13.8% is well above its cost of equity, driven by diversified, faster-growing fee businesses (OpenSky cards, Windsor Advantage, mortgage banking), warranting a premium justified P/B versus the other two banks; CBNK separately agreed on 2026-09-30 to be acquired by Peoples Bancorp for $43.75 per share in stock, which is close to this standalone intrinsic estimate and serves as a useful cross-check, though this valuation is an independent fundamental estimate rather than the deal price.