Workflow
Capital City Bank Group(CCBG)
icon
Search documents
Capital City Bank (CCBG) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-02-27 18:00
Group 1 - Capital City Bank (CCBG) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][2] - The Zacks rating system is based on changes in earnings estimates, making it a useful tool for investors to gauge stock performance [2][5] - Rising earnings estimates indicate an improvement in Capital City Bank's underlying business, which is expected to positively affect its stock price [4][9] Group 2 - The Zacks Consensus Estimate for Capital City Bank has increased by 2.6% over the past three months, with an expected earnings per share of $3.14 for the fiscal year ending December 2025, reflecting a year-over-year change of 0.6% [7] - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [6][8] - The upgrade to Zacks Rank 2 places Capital City Bank in the top 20% of Zacks-covered stocks, indicating its strong potential for market-beating returns in the near term [9]
Capital City Bank (CCBG) Could Be a Great Choice
ZACKS· 2025-02-27 17:45
Company Overview - Capital City Bank (CCBG) is based in Tallahassee and operates in the Finance sector, with a year-to-date share price change of -0.57% [3] - The company currently pays a dividend of $0.23 per share, resulting in a dividend yield of 2.52%, which is higher than the Banks - Southeast industry's yield of 2.26% and the S&P 500's yield of 1.54% [3] Dividend Performance - The current annualized dividend of $0.92 represents a 4.5% increase from the previous year [4] - Over the last five years, CCBG has increased its dividend five times, achieving an average annual increase of 11.35% [4] - The company's current payout ratio is 29%, indicating that it paid out 29% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, CCBG anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $3.14 per share, reflecting a year-over-year earnings growth rate of 0.64% [5] Investment Appeal - CCBG is viewed as a compelling investment opportunity due to its attractive dividend and a strong Zacks Rank of 2 (Buy) [7] - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6]
Capital City Bank Establishes Chief Banking Officer; Names New Chief Lending Officer
Globenewswire· 2025-02-24 12:00
Core Insights - Capital City Bank has created a new executive role of chief banking officer to enhance strategic growth and operational cohesion across lending and deposit functions [1][2][7] - Ramsay Sims has been appointed to this role, bringing extensive experience in financial services and leadership [1][3] - William Smith has been promoted to chief lending officer, succeeding Sims and will focus on driving the bank's lending strategies [2][4] Leadership Changes - Ramsay Sims, previously chief lending officer, has been promoted to chief banking officer, overseeing both lending and deposit functions [1][7] - William Smith, with a diverse background in banking, has been appointed as chief lending officer, emphasizing his expertise in various banking specialties [4][8] Strategic Focus - The new leadership structure aims to streamline the strategic direction of lending and deposit areas, enhancing efficiency and alignment with growth objectives [2][3] - The changes are expected to provide a solid foundation for continued progress and future growth for Capital City Bank [3] Company Overview - Capital City Bank Group, Inc. is a publicly traded financial holding company headquartered in Florida, with approximately $4.3 billion in assets [5] - The bank offers a full range of services, including traditional deposit and credit services, mortgage banking, asset management, and financial advisory services [5]
Capital City Bank Group(CCBG) - 2024 Q4 - Annual Results
2025-01-28 16:35
Capital City Bank Group, Inc. Reports Fourth Quarter 2024 Results TALLAHASSEE, Fla. (January 28, 2025) – Capital City Bank Group, Inc. (NASDAQ: CCBG) today reported net income attributable to common shareowners of $13.1 million, or $0.77 per diluted share, for the fourth quarter of 2024 compared to $13.1 million, or $0.77 per diluted share, for the third quarter of 2024, and $11.7 million, or $0.70 per diluted share, for the fourth quarter of 2023. For the full year of 2024, net income attributable to commo ...
Should Value Investors Buy Capital City Bank Group (CCBG) Stock?
ZACKS· 2025-01-13 15:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underva ...
Are Investors Undervaluing Capital City Bank Group (CCBG) Right Now?
ZACKS· 2024-12-26 15:40
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. ...
Capital City Bank Group(CCBG) - 2024 Q3 - Quarterly Report
2024-11-04 22:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 0-13358 Capital City Bank Group, Inc. (Exact name of Registrant as specified in its charter) Florida 59-2273542 ...
Capital City Bank Group(CCBG) - 2024 Q3 - Quarterly Results
2024-10-22 13:58
Capital City Bank Group, Inc. Reports Third Quarter 2024 Results TALLAHASSEE, Fla. (October 22, 2024) – 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 (3 rd Quarter 2024 versus 2 nd Quarter 202 ...
Best Value Stocks to Buy for August 5th
ZACKS· 2024-08-05 12:25
Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 5: M/I Homes, Inc. (MHO) : This residential construction company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days. M/I Homes has a price-to-earnings ratio (P/E) of 8.02 compared with 10.30 for the industry. The company possesses a Value Score of A. Kinross Gold Corporation (KGC) : This gold mining company carri ...
Capital City Bank Group(CCBG) - 2024 Q2 - Quarterly Report
2024-08-01 21:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 0-13358 Capital City Bank Group, Inc. (Exact name of Registrant as specified in its charter) Florida 59-2273542 (Stat ...