Chain Bridge Bancorp, Inc.
🔔 Watch stock
Assessment
Our Rating
A journalistic assessment by our editorial team at the time of the deep dive — it rates the company, not the entry point. Not investment advice and not a solicitation to buy or sell.
The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.
Why this colour
We find no substance risk in the narrow sense: the bank is over-capitalized, highly liquid, has gone years without a credit loss, and survived the largest stress test so far — a $506.5 million outflow in a single day — without one forced sale. What stays open is the operational question of whether funding holds that is 80.8 percent uninsured, hangs on three accounts above 5 percent each, and springs from a single political niche. April 2025 is evidence, not proof: management was forewarned and had deliberately parked the money in maturing Treasuries. If you wait, check three lines in every quarterly report: how many clients hold more than 5 percent of deposits, how large the uninsured share is, and how big the ICS buffer is that can absorb an outflow. The decision is yours.
What the thesis turns on
Assessment: Opportunities & Risks
Chain Bridge Bancorp is the straight-A fallacy in pure form: on the asset side the bank passes every test — no non-performing assets since June 2012, 49.46 percent Tier 1 risk-based capital and a 94.03 percent liquidity ratio as of June 30, 2026. The risk sits on the liability side: 80.8 percent of deposits are uninsured, three clients each hold more than 5 percent, and substantially all political organization deposits come from Republican-affiliated entities. On April 15, 2025, $506.5 million vanished in a day — without a fire sale, because management had planned for exactly that. Investing here means buying exceptionally cheap funding and betting that its political source endures. Not investment advice.
Credit quality & capital
No non-performing assets since June 2012, no loan charge-off since the third quarter of 2017, $265,000 of net charge-offs in total since inception in 2007. As of June 30, 2026: Tier 1 risk-based capital 49.46 percent, total risk-based capital 50.45 percent, liquidity ratio 94.03 percent. That is the asset side of a vault, not of a normal regional bank.
Funding & earning power
As of December 31, 2025, 79.8 percent of deposits sat in noninterest-bearing accounts; the cost of funds fell to 0.14 percent in the second quarter of 2026 (year-ago quarter 0.31). That produced a 3.45 percent net interest margin, a 40.25 percent efficiency ratio and an annualized 21.20 percent return on average equity.
Deposit concentration
Substantially all political organization deposits come from Republican-affiliated entities (10-K 2025). On April 15, 2025, $506.5 million left across six accounts in one day. As of June 30, 2026 three clients again each hold more than 5 percent of deposits ($401.2 million, 20.0 percent), and 80.8 percent of all deposits are uninsured — with no internal limit.
Rate dependence & securities book
At a 13.70 percent loan-to-deposit ratio (June 30, 2026) income hangs almost entirely on short-term rates; the company names falling policy rates as a drag itself. A quiet mark sits in the securities book: $224.2 million carrying value against $212.4 million fair value on held-to-maturity paper — manageable measured against Tier 1 capital.
Governance & shareholder rights
Class B shares with ten votes held roughly 90.8 percent of voting power as of December 31, 2025, the Fitzgerald Family alone 64.4 percent. No dividend is planned, there is no buyback programme, and trading was very thin at roughly 16,000 shares on a typical day in August 2026.
Valuation
At the closing price of $45.30 on August 26, 2026 the market capitalization was roughly $297 million: about 1.6 times tangible book value of $27.99 per share and roughly eleven times the last four quarterly earnings ($4.06 per share). That sits in the upper third of the usual band for U.S. regional banks — and the first half of 2026 is an election-cycle high-water mark, not a run rate.
Worth Noting
Chain Bridge Bancorp reached our research list through two public calendar events: the IPO on October 4, 2024 at $22.00 — per the chairman the first by a U.S. banking institution in over two years — and the addition to the Russell 3000 on June 30, 2025. Both are reasons to look, not reasons to buy.
No earnings-call transcripts exist for this company because Chain Bridge Bancorp holds no earnings calls. We evaluated eight earnings releases since the third quarter of 2024, two investor presentations dated September 3 and November 5, 2025, and the mandatory filings instead. Notable: since the fourth-quarter 2025 release of January 28, 2026, three consecutive quarters have carried no management comment at all.
The figures for 2021 through 2023 come from the IPO prospectus (Form 424B4) filed October 7, 2024 — there were no quarterly reports before the listing. Earnings per share for those years are restated to today's share count (each old share was reclassified into 170 Class B shares). Not to be confused: the listed class is Class A; the vote-heavy Class B does not trade.
Stock Watch
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 29.10 $ to 48.50 $ · Last price: 46.90 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
This stock currently pays no dividend.
Quality & Screener
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Banks - Regional
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| Chain Bridge Bancorp, Inc. CBNA | 0.3 | – | 0.0 | 100.0 | – | 4.2 | 48.8 |
| Mizuho Financial Group Inc. MFG | 135.7 | 17.4 | 0.0 | 100.0 | 46.7 | 10.4 | 70.5 |
| HDFC Bank Limited HDB | 116.5 | 15.8 | 0.0 | 100.0 | 33.3 | 24.3 | -33.2 |
| ICICI Bank Limited IBN | 101.0 | 17.5 | 0.0 | 100.0 | 38.5 | 6.0 | -12.0 |
| U.S. Bancorp USB | 92.6 | 12.8 | 0.0 | 100.0 | 37.8 | 0.4 | 26.3 |
| PNC Financial Services Group Inc PNC | 92.4 | 13.6 | 0.0 | 100.0 | 36.7 | -7.0 | 17.6 |
| Itau Unibanco Banco Holding SA ITUB | 91.5 | 10.0 | 0.0 | 100.0 | 39.1 | 18.0 | 29.3 |
| Deutsche Bank AG DB | 73.5 | 10.3 | 0.0 | 100.0 | 33.4 | -8.3 | 11.7 |
| Nu Holdings Ltd NU | 67.3 | 21.7 | 0.0 | 100.0 | 48.2 | 43.0 | -13.1 |
| Median of companies shown | 92.4 | 14.7 | 0.0 | 100.0 | 38.2 | 6.0 | 17.6 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2015 | 12 | 5 | 2 | 0.70 | – | 33 | 421 |
| 2016 | 13 | 6 | 3 | 0.87 | – | 34 | 484 |
| 2017 | 15 | 6 | 3 | 0.75 | – | 44 | 604 |
| 2018 | 18 | 8 | 5 | 1.27 | – | 47 | 547 |
| 2019 | 18 | 7 | 5 | 1.23 | – | 57 | 830 |
| 2022 | 30 | 10 | 8 | 1.29 | 17 | 69 | 1,031 |
| 2023 | 34 | 11 | 9 | 1.38 | 13 | 83 | 1,205 |
| 2024 | 57 | 26 | 21 | 4.17 | 22 | 144 | 1,401 |
| 2025 | 59 | 25 | 20 | 3.08 | 16 | 169 | 1,750 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
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The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 1.11 | 12.90 | 14 | 34.30 | 27.70 | 4 | 4 |
| 2025: Q1 | 1.67 | 43.10 | 16 | 33.90 | 36.30 | 3 | 1 |
| 2025: Q2 | 1.36 | -21.00 | 14 | -4.30 | 33.60 | 3 | 3 |
| 2025: Q3 | 1.40 | -37.20 | 14 | -19.40 | 32.90 | 3 | 3 |
| 2025: Q4 | 0.81 | -27.00 | 16 | 18.60 | 33.40 | 6 | 5 |
| 2026: Q1 | 2.10 | 26.10 | 18 | 16.20 | 39.40 | 4 | 3 |
| 2026: Q2 | 1.45 | 6.60 | – | – | – | 9 | 6 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 9 of our scanner strategies — each hit links to the scanner.
Growth
Quality & Balance Sheet
Momentum & Trend
Research
Risk & Weakness
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. Scanners marked in red are red-flag signals (risk/short scanners) — appearing there is not a seal of approval. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 5.12 | 4.96 – 5.30 | 76 | 66.2% | 3 |
| 12/31/2027 | 4.07 | 3.50 – 5.01 | 70 | -20.4% | 3 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly 4.3% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $20.1M |
|---|---|
| Market cap | $313.0M |
| Free cash flow in year ten | $30.6M |
| Terminal value as a share of market value | 51.5% |
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Chain Bridge Bancorp setzt KI ausschließlich intern und über Fremdanbieter ein — zum Entwerfen von Dokumenten, für Recherche und Effizienz; eigene KI-Modelle werden nicht entwickelt, KI-Umsatz gibt es nicht.
View the full file — quotes, sources, reviewed filings
„We have incorporated, and may in the future further incorporate, AI technology in certain business processes, services, and products, including technologies that process sensitive financial and/or personal data. We currently rely on AI tools and models provided by third-party vendors, including through enterprise platforms that allow the creation of custom configurations, prompts, or projects (such as custom GPTS or similar tools), and we do not currently develop proprietary foundational AI models for deployment in our operations, although we may configure or use approved tools in accordance with internal policies and controls. These AI technologies assist in drafting documents and communications, conducting research, and enhancing operational efficiency."
Wir haben KI-Technologie in bestimmte Geschäftsprozesse, Dienstleistungen und Produkte eingebunden und werden das möglicherweise weiter ausbauen — auch dort, wo sensible Finanz- und/oder Personendaten verarbeitet werden. Derzeit stützen wir uns auf KI-Werkzeuge und -Modelle von Fremdanbietern, unter anderem über Unternehmensplattformen, auf denen eigene Konfigurationen, Eingabevorlagen oder Projekte angelegt werden können (etwa maßgeschneiderte GPTs oder vergleichbare Werkzeuge); eigene KI-Grundlagenmodelle für den Einsatz in unserem Betrieb entwickeln wir derzeit nicht, auch wenn wir freigegebene Werkzeuge nach internen Richtlinien und Kontrollen konfigurieren oder nutzen dürfen. Diese KI-Technologien helfen beim Entwerfen von Dokumenten und Mitteilungen, bei der Recherche und dabei, den Betrieb effizienter zu machen.
10-K · 2026-03-20 · View SEC filing
„We rely exclusively on third-party AI models developed by external providers and do not develop, modify, or train proprietary AI models in-house. These AI technologies assist in drafting documents and communications, conducting research, and enhancing operational efficiency."
Wir stützen uns ausschließlich auf KI-Modelle von externen Anbietern und entwickeln, verändern oder trainieren keine eigenen KI-Modelle im Haus. Diese KI-Technologien helfen beim Entwerfen von Dokumenten und Mitteilungen, bei der Recherche und dabei, den Betrieb effizienter zu machen.
10-K · 2025-03-21 · View SEC filing
Filings Reviewed: 10-Q 2026-08-11 · 10-Q 2026-05-12 · 10-K 2026-03-20 · 10-Q 2025-11-07 · 10-Q 2025-08-12 · 10-K 2025-03-21
Rated on August 28, 2026 · How the Rating Is Built
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years 24.9%
- More than 10% revenue growth is expected for the coming year -5.3%
- Share count grows by less than 3% a year 0.7%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 23.5%
- Gross margin at 40% or higher and without meaningful erosion 93.4%
- Goodwill from acquisitions does not grow faster than revenue 0.0%
- Net debt below twice EBITDA 919 m net cash
- Operating cash flow covers the profits of the last three years 0 m
- Return on capital at 15% or higher, or up versus two years ago 14.3%
- Insiders hold at least 10% or are net buyers 24.1%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
6/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 17.8%
- Exp. sales growth 3Y > 5% 8.9%
- EBIT growth 10Y > 5% 18.2%
- Exp. EBIT growth 3Y > 5% 14.9%
- Net debt < 4x EBIT -36.2x
- EBIT positive, 10Y straight –
- Max. EBIT decline < 50% –
- Return on equity > 15% 12.0%
- ROCE > 15% 14.3%
- Expected return > 10% 19.1%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Jul 29, 2026 | Martinelli Mark | Director | Buy | 400 | 44.00 | 17,600 |
The company
About the Company
Chain Bridge Bancorp, Inc. ist eine Bankholding der Chain Bridge Bank, N.
- Employees
- 92
- Headquarters
- McLean, VA
- Address
- 1445-A Laughlin Avenue, 22101-5737 McLean, United States
- Phone
- 703 748 2005
- Website
- chainbridgebank.com
- IPO Date
- 10/04/2024
- ISIN
- US15746L1008
Management
| Name | Title | Birth Year |
|---|---|---|
| John J. Brough II, M.B.A. | CEO & Director | 1964 |
| David M. Evinger M.B.A. | President, Chief Risk Officer & Director | 1973 |
| Joanna R. Williamson CPA | Executive VP & CFO | 1985 |
| Hilary E. Albrecht | Senior VP, Corporate Secretary & Counsel | 1991 |
| James R. Pollock M.B.A. | Senior VP & Corporate Development Officer | 1988 |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
- 08/31/2026 CHAIN BRIDGE BANCORP INC (CBNA): Regulation FD Disclosure; Financial Statements and Exhibits SEC ↗
- 07/28/2026 CHAIN BRIDGE BANCORP INC (CBNA): Results of Operations and Financial Condition; Financial Statements and Exhibits SEC ↗
- 07/20/2026 CHAIN BRIDGE BANCORP INC (CBNA): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits SEC ↗
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.