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, ma ...

Average earning assets totaled $3.935 billion for the second quarter of 2024, an increase of $85.7 million, or 2.2%, over the first quarter of 2024, and an increase of $111.3 million, or 2.9%, over the fourth quarter of 2023. The variance for both prior period comparisons was driven by an increase in deposit balances (see below – Deposits), resulting in higher levels of overnight funds sold. Compared to the fourth quarter of 2023, the change in the earning asset mix reflect ed a $162.7 million increase in o ...

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. This quarterly report represents an earnings surprise of 16.90%. A quarter ago, it was expected that this bank holding company would post earnings of $0.70 per share when it actually produced earnings of $0.74, delivering a surprise of 5.71%. This bank is expected to post quarterly earnings of $1.15 per share in ...

Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a client to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities. In general, management does not anticipate any material losses as a result of participating in these types of transactions. However, any potential losses arising from such transactions are reserved for in the same manner as management reserves for its ...

Capital City Bank (CCBG) shares ended the last trading session 7.8% higher at $29.53. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0% gain over the past four weeks. For Capital City Bank, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep a ...

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. (NASDA ...

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For the quarter ended March 2024, Capital City Bank (CCBG) reported revenue of $56.45 million, down 9.9% over the same period last year. EPS came in at $0.74, compared to $0.88 in the year-ago quarter.The reported revenue represents a surprise of -0.87% over the Zacks Consensus Estimate of $56.95 million. With the consensus EPS estimate being $0.70, the EPS surprise was +5.71%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

Capital City Bank (CCBG) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.71%. A quarter ago, it was expected that this bank holding company would post earnings of $0.74 per share when it actually produced earnings of $0.70, delivering a surprise of -5.41%.Over the last four quarters ...

The upcoming report from Capital City Bank (CCBG) is expected to reveal quarterly earnings of $0.70 per share, indicating a decline of 20.5% compared to the year-ago period. Analysts forecast revenues of $56.95 million, representing a decrease of 9.1% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a ...