Capital City Bank Group, Inc. operates as the financial holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services. It also provides commercial and residential real estate lending products, as well as fixed-rate and adjustable rate residential mortgage loans; personal, automobile, boat/RV, and home equity loans; and credit card programs. In addition, the company offers institutional banking services, including customized checking and savings accounts, cash management systems, tax-exempt loans, lines of credit, and term loans to meet the needs of state and local governments, public schools and colleges, charities, membership, and not-for-profit associations. Further, it provides consumer banking services comprising checking accounts, savings programs, automated teller machines, debit/credit cards, night deposit services, safe deposit facilities, and online and mobile banking services. Additionally, the company provides asset management for individuals through agency, personal trust, IRA, and personal investment management accounts; and various retail securities products, such as the U.S. government bonds, tax-free municipal bonds, stocks, mutual funds, unit investment trusts, annuities, life insurance, and long-term health care. As of January 26, 2021, it had 57 banking offices and 86 ATMs/ITMs in Florida, Georgia, and Alabama. Capital City Bank Group, Inc. was founded in 1895 and is headquartered in Tallahassee, Florida.
IPO Year:
Exchange: NASDAQ
Website: ccbg.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/29/2024 | $30.00 → $34.00 | Overweight → Neutral | Piper Sandler |
| 7/24/2024 | $30.00 → $37.00 | Market Perform | Hovde Group |
| 1/24/2024 | $37.50 | Neutral → Buy | Janney |
| 1/5/2024 | $34.00 | Overweight | Piper Sandler |
| 11/15/2023 | $33.50 → $32.50 | Buy → Neutral | DA Davidson |
| 4/26/2022 | $29.00 → $31.50 | Neutral → Overweight | Piper Sandler |
| 1/26/2022 | $31.00 → $33.00 | Market Perform → Outperform | Keefe, Bruyette & Woods |
TALLAHASSEE, Fla., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NASDAQ:CCBG) today reported net income attributable to common shareowners of $13.1 million, or $0.78 per diluted share, for the third quarter of 2024 compared to $14.2 million, or $0.83 per diluted share, for the second quarter of 2024, and $12.7 million, or $0.74 per diluted share, for the third quarter of 2023. QUARTER HIGHLIGHTS (3rd Quarter 2024 versus 2nd Quarter 2024) Income Statement Tax-equivalent net interest income totaled $40.3 million compared to $39.3 million for the prior quarter Net interest margin increased 10 basis points to 4.12% (earning asset yield up 7 basis points and
TALLAHASSEE, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Capital City Bank today announced the promotion of Matthew Henderson to chief information security officer, effective October 1, 2024. He will succeed LeAnne Staalenburg McCorvey, who will retire on December 31, 2024. In this role, Henderson will lead the Corporate Security & Risk Department, overseeing both the information and physical security teams. His responsibilities include developing, overseeing, monitoring, managing and reporting on the security program in accordance with policy. Henderson began his career with Capital City Bank in September 2022 as an information security officer. In this role, he focused on information secur
TALLAHASSEE, Fla., Aug. 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ:CCBG) declared a quarterly cash dividend on its common stock of $0.23 per share. It represents a 9.5% increase over the prior quarter dividend of $0.21 per share. The dividend produces an annualized rate of $0.92 per common share and is payable on September 23, 2024 to shareowners of record as of September 9, 2024. The annualized dividend yield is 2.67% based on a closing stock price of $34. 40 on August 28, 2024. About Capital City Bank Group, Inc.Capital City Bank Group, Inc. (NASDAQ:CCBG) is one of the largest publicly traded financial holding companies headquartered in
TALLAHASSEE, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Capital City Bank is proud to announce Lynne Jensen has been promoted to Chief Technology Officer. As Chief Technology Officer, Jensen will spearhead the development and execution of our comprehensive technology strategy, ensuring alignment with our organizational mission and strategic goals. She will provide strategic and technical direction across product development, cybersecurity, application architecture, artificial intelligence platforms, infrastructure management, budgeting, operational efficiency, associate growth, and future processes and system alterations. "Lynne's promotion reinforces our continuing commitment to tech
TALLAHASSEE, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Capital City Bank has again been named to Florida Trend's annual "Best Companies To Work For In Florida" list, ranking 19th in the "Large Companies" category and achieving a significant rise from its previous position of 24. The 2024 issue is the sixteenth annual "Best Companies" edition and marks the thirteenth consecutive year Capital City Bank has been selected. "At Capital City Bank, we strive to enrich the work experience by listening to feedback, making improvements and fostering a supportive environment for growth and success," said Bill Smith, chairman, president, and CEO of Capital City Bank Group. "Initiatives aimed at enhanci
TALLAHASSEE, Fla., July 23, 2024 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NASDAQ:CCBG) today reported net income attributable to common shareowners of $14.2 million, or $0.83 per diluted share, for the second quarter of 2024 compared to $12.6 million, or $0.74 per diluted share, for the first quarter of 2024, and $14.2 million, or $0.83 per diluted share, for the second quarter of 2023. QUARTER HIGHLIGHTS (2nd Quarter 2024 versus 1st Quarter 2024) Income Statement Tax-equivalent net interest income totaled $39.3 million compared to $38.4 million for the prior quarter - total deposit cost increased 10 basis points to 95 basis points – net interest margin increased one basis poi
TALLAHASSEE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ:CCBG) declared a quarterly cash dividend on its common stock of $0.21 per share. The dividend produces an annualized rate of $0.84 per common share and is payable on June 24, 2024 to shareowners of record as of June 10, 2024. The annualized dividend yield is 3.14% based on a closing stock price of $26.74 on May 29, 2024. About Capital City Bank Group, Inc.Capital City Bank Group, Inc. (NASDAQ:CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately $4.3 billion in assets. We provide a full range of banking service
TALLAHASSEE, Fla., May 24, 2024 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (the "Company") today announced that it received on May 21, 2024 a notice from the Nasdaq Stock Market LLC ("Nasdaq") stating that, as a result of not having timely filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 (the "Form 10-Q"), the Company is no longer in compliance with the continued listing requirements of Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the "SEC"). The notice from Nasdaq has no immediate effect on the listing or trading of our common stock on
TALLAHASSEE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NASDAQ:CCBG) today reported net income attributable to common shareowners of $12.6 million, or $0.74 per diluted share, for the first quarter of 2024 compared to $11.7 million, or $0.70 per diluted share, for the fourth quarter of 2023, and $13.7 million, or $0.80 per diluted share, for the first quarter of 2023. QUARTER HIGHLIGHTS (1st Quarter 2024 versus 4th Quarter 2023) Income Statement Tax-equivalent net interest income totaled $38.4 million compared to $39.3 million for the prior quarter reflective of one less calendar day and higher deposit cost – total deposit cost increased 19 basis point
TALLAHASSEE, Fla., Feb. 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ:CCBG) declared a quarterly cash dividend on its common stock of $0.21 per share. It represents a 5% increase over the prior quarter of $0.20. The dividend produces an annualized rate of $0.84 per common share and is payable on March 25, 2024 to shareowners of record as of March 11, 2024. The annualized dividend yield is 3.04% based on a closing stock price of $27.61 on February 28, 2024. About Capital City Bank Group, Inc. Capital City Bank Group, Inc. (NASDAQ:CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximat
8-K - CAPITAL CITY BANK GROUP INC (0000726601) (Filer)
10-Q - CAPITAL CITY BANK GROUP INC (0000726601) (Filer)
8-K - CAPITAL CITY BANK GROUP INC (0000726601) (Filer)
10-K/A - CAPITAL CITY BANK GROUP INC (0000726601) (Filer)
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8-K - CAPITAL CITY BANK GROUP INC (0000726601) (Filer)
8-K - CAPITAL CITY BANK GROUP INC (0000726601) (Filer)
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10-K/A - CAPITAL CITY BANK GROUP INC (0000726601) (Filer)
11-K - CAPITAL CITY BANK GROUP INC (0000726601) (Filer)
Piper Sandler downgraded Capital City Bank from Overweight to Neutral and set a new price target of $34.00 from $30.00 previously
Hovde Group reiterated coverage of Capital City Bank with a rating of Market Perform and set a new price target of $37.00 from $30.00 previously
Janney upgraded Capital City Bank from Neutral to Buy and set a new price target of $37.50
Piper Sandler initiated coverage of Capital City Bank with a rating of Overweight and set a new price target of $34.00
DA Davidson downgraded Capital City Bank from Buy to Neutral and set a new price target of $32.50 from $33.50 previously
Piper Sandler upgraded Capital City Bank from Neutral to Overweight and set a new price target of $31.50 from $29.00 previously
Keefe, Bruyette & Woods upgraded Capital City Bank Group from Market Perform to Outperform and set a new price target of $33.00 from $31.00 previously
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TALLAHASSEE, Fla., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NASDAQ:CCBG) today announced that, effective January 1, 2023, Jep Larkin will be named Executive Vice President and Chief Financial Officer to succeed J. Kimbrough Davis, who has elected to retire after a distinguished 41 years with the company. Mr. Davis will continue his existing duties until December 31, 2022, while ensuring a smooth transition of responsibilities to Mr. Larkin. Mr. Larkin, 58, joined Capital City in 1986 and has worked closely with our CFO throughout his career. He is currently the Senior Vice President and Controller of CCBG and a member of the Senior Management Committee. After se
Keefe, Bruyette & Woods analyst Wood Lay maintains Capital City Bank Group (NASDAQ:CCBG) with a Outperform and raises the price target from $37 to $38.
Piper Sandler analyst Stephen Scouten maintains Capital City Bank Group (NASDAQ:CCBG) with a Overweight and lowers the price target from $34 to $30.
Keefe, Bruyette & Woods analyst Wood Lay maintains Capital City Bank Group (NASDAQ:CCBG) with a Outperform and lowers the price target from $38 to $37.
Understanding Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the financial services sector: Esquire Financial Hldgs (NASDAQ:ESQ) - P/E: 9.67 First Merchants (NASDAQ:FRME) - P/E: 9.02 Timberland Bancorp (NASDAQ:TSBK) - P/E: 8.48 Capital City Bank Group (NASDAQ:CCBG) - P/
Janney Montgomery Scott analyst Feddie Strickland upgrades Capital City Bank Group (NASDAQ:CCBG) from Neutral to Buy.
Capital City Bank Group (NASDAQ:CCBG) reported its Q4 earnings results on Tuesday, January 23, 2024 at 07:00 AM. Here's what investors need to know about the announcement. Earnings Capital City Bank Group missed estimated earnings by 4.11%, reporting an EPS of $0.7 versus an estimate of $0.73. Revenue was down $2.75 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.06 which was followed by a 2.11% drop in the share price the next day. Here's a look at Capital City Bank Group's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.84 0.85 0.75 0.74 EPS Actual 0.78 0.85 0.88 0.68 Revenue Estimate 62.81M
TALLAHASSEE, Fla., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NASDAQ:CCBG) today reported net income attributable to common shareowners of $13.1 million, or $0.78 per diluted share, for the third quarter of 2024 compared to $14.2 million, or $0.83 per diluted share, for the second quarter of 2024, and $12.7 million, or $0.74 per diluted share, for the third quarter of 2023. QUARTER HIGHLIGHTS (3rd Quarter 2024 versus 2nd Quarter 2024) Income Statement Tax-equivalent net interest income totaled $40.3 million compared to $39.3 million for the prior quarter Net interest margin increased 10 basis points to 4.12% (earning asset yield up 7 basis points and
TALLAHASSEE, Fla., Aug. 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ:CCBG) declared a quarterly cash dividend on its common stock of $0.23 per share. It represents a 9.5% increase over the prior quarter dividend of $0.21 per share. The dividend produces an annualized rate of $0.92 per common share and is payable on September 23, 2024 to shareowners of record as of September 9, 2024. The annualized dividend yield is 2.67% based on a closing stock price of $34. 40 on August 28, 2024. About Capital City Bank Group, Inc.Capital City Bank Group, Inc. (NASDAQ:CCBG) is one of the largest publicly traded financial holding companies headquartered in
TALLAHASSEE, Fla., July 23, 2024 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NASDAQ:CCBG) today reported net income attributable to common shareowners of $14.2 million, or $0.83 per diluted share, for the second quarter of 2024 compared to $12.6 million, or $0.74 per diluted share, for the first quarter of 2024, and $14.2 million, or $0.83 per diluted share, for the second quarter of 2023. QUARTER HIGHLIGHTS (2nd Quarter 2024 versus 1st Quarter 2024) Income Statement Tax-equivalent net interest income totaled $39.3 million compared to $38.4 million for the prior quarter - total deposit cost increased 10 basis points to 95 basis points – net interest margin increased one basis poi
TALLAHASSEE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ:CCBG) declared a quarterly cash dividend on its common stock of $0.21 per share. The dividend produces an annualized rate of $0.84 per common share and is payable on June 24, 2024 to shareowners of record as of June 10, 2024. The annualized dividend yield is 3.14% based on a closing stock price of $26.74 on May 29, 2024. About Capital City Bank Group, Inc.Capital City Bank Group, Inc. (NASDAQ:CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately $4.3 billion in assets. We provide a full range of banking service
TALLAHASSEE, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NASDAQ:CCBG) today reported net income attributable to common shareowners of $12.6 million, or $0.74 per diluted share, for the first quarter of 2024 compared to $11.7 million, or $0.70 per diluted share, for the fourth quarter of 2023, and $13.7 million, or $0.80 per diluted share, for the first quarter of 2023. QUARTER HIGHLIGHTS (1st Quarter 2024 versus 4th Quarter 2023) Income Statement Tax-equivalent net interest income totaled $38.4 million compared to $39.3 million for the prior quarter reflective of one less calendar day and higher deposit cost – total deposit cost increased 19 basis point
TALLAHASSEE, Fla., Feb. 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ:CCBG) declared a quarterly cash dividend on its common stock of $0.21 per share. It represents a 5% increase over the prior quarter of $0.20. The dividend produces an annualized rate of $0.84 per common share and is payable on March 25, 2024 to shareowners of record as of March 11, 2024. The annualized dividend yield is 3.04% based on a closing stock price of $27.61 on February 28, 2024. About Capital City Bank Group, Inc. Capital City Bank Group, Inc. (NASDAQ:CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximat
TALLAHASSEE, Fla., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NASDAQ:CCBG) announced today that its Board of Directors approved a new stock repurchase program on January 25, 2024. Under the newly approved stock repurchase program, the company is authorized to repurchase up to 750,000 shares of its common stock over the next five years, from time to time, in the open market or through private transactions, as market conditions warrant. However, the new stock repurchase program does not obligate the company to repurchase any specified number of shares of its common stock. Currently, the company has approximately 16,990,240 shares of common stock issued and outstanding a
TALLAHASSEE, Fla., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NASDAQ:CCBG) today reported net income attributable to common shareowners of $11.7 million, or $0.70 per diluted share, for the fourth quarter of 2023 compared to $12.7 million, or $0.74 per diluted share, for the third quarter of 2023, and $9.6 million, or $0.56 per diluted share, for the fourth quarter of 2022. For the full year of 2023, net income attributable to common shareowners totaled $52.3 million, or $3.07 per diluted share, compared to net income of $33.4 million, or $1.97 per diluted share, for the same period of 2022. QUARTER HIGHLIGHTS (4th Quarter 2023 versus 3rd Quarter 2023) Income State
TALLAHASSEE, Fla., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ:CCBG) declared a quarterly cash dividend on its common stock of $0.20 per share. The dividend produces an annualized rate of $0.80 per common share and is payable on December 18, 2023 to shareowners of record as of December 4, 2023. The annualized dividend yield is 2.76% based on a closing stock price of $29.02 on November 15, 2023. About Capital City Bank Group, Inc.Capital City Bank Group, Inc. (NASDAQ:CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately $4.1 billion in assets. We provide a full range of ba
TALLAHASSEE, Fla., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Capital City Bank Group, Inc. (NASDAQ:CCBG) today reported net income attributable to common shareowners of $13.2 million, or $0.78 per diluted share, for the third quarter of 2023 compared to $14.6 million, or $0.85 per diluted share, for the second quarter of 2023, and $11.3 million, or $0.67 per diluted share, for the third quarter of 2022. For the first nine months of 2023, net income attributable to common shareowners totaled $42.7 million, or $2.51 per diluted share, compared to net income of $28.5 million, or $1.68 per diluted share, for the same period of 2022. QUARTER HIGHLIGHTS