Capital Bancorp replaces Elliott Davis with Crowe as independent auditor for 2026 fiscal year

CBNK•2026-08-14

Capital Bancorp replaced auditor Elliott Davis with Crowe for the fiscal year ending Dec. 31, 2026.
The audit committee cited a move to a larger firm with more resources and banking specialization to support growth.
Prior audit opinions for 2025 and 2024 were clean, with no adverse opinion, disclaimer, or scope or accounting qualification.
No reported accounting disputes with Elliott Davis through Aug. 14, 2026.
A material weakness in internal control over financial reporting was disclosed in the 2025 annual report.

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