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Capital City Bank Group Inc   (CCBG)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $26.9100 $0.19 0.711%
Day's High: $27.09 Week Perf: -3.72 %
Day's Low: $ 26.65 30 Day Perf: -7.08 %
Volume (M): 29 52 Wk High: $ 34.16
Volume (M$): $ 786 52 Wk Avg: $29.67
Open: $27.00 52 Wk Low: $26.12



 Market Capitalization (Millions $) 458
 Shares Outstanding (Millions) 17
 Employees 894
 Revenues (TTM) (Millions $) 221
 Net Income (TTM) (Millions $) 54
 Cash Flow (TTM) (Millions $) -289
 Capital Exp. (TTM) (Millions $) 7

Capital City Bank Group Inc
Capital City Bank Group, Inc. (“CCBG”) is a financial holding company headquartered in Tallahassee, Florida. CCBG was incorporated under Florida law on December 13, 1982, to acquire five national banks and one state bank that all subsequently became part of CCBG’s bank subsidiary, Capital City Bank (“CCB” or the “Bank”).

We provide traditional deposit and credit services, asset management, trust, mortgage banking, merchant services, bank cards, data processing, and securities brokerage services through 61 banking offices in Florida, Georgia, and Alabama operated by CCB. The majority of our revenue, approximately 84%, is derived from our Florida market areas while approximately 15% and 1% of our revenue is derived from our Georgia and Alabama market areas, respectively.

The Bank originates 1-4 family, owner-occupied residential real estate loans in its Residential Real Estate line of business. The Bank’s policy is to underwrite these loans in accordance with secondary market guidelines in effect at the time of origination, including loan-to-value (“LTV”) and documentation requirements. The Bank originates fixed-rate, adjustable-rate and variable- rate residential real estate loans. Over the past five years, the vast majority of residential loan originations have been fixed-rate loans which are sold in the secondary market on a non-recourse basis with related servicing rights (i.e., the Bank generally does not service sold loans). Adjustable rate mortgage (“ARM”) loans with an initial fixed interest rate period greater than five years are sold in the secondary market on a non-recourse basis.

The Bank also originates certain residential real estate loans throughout its banking office network that are generally not eligible for sale into the secondary market due to not meeting a specific secondary market underwriting requirement. This includes our variable rate 3/1 and 5/1 ARM loans which typically have a maximum term of 30 years and maximum LTV of 80%.

Residential real estate loans also include home equity lines of credit and home equity loans (“HELOCs”). The Bank’s home equity portfolio includes revolving open-ended equity loans with interest-only or minimal monthly principal payments and closed-end amortizing loans. Open-ended equity loans typically have an interest only ten year draw period followed by a five year repayment period of 0.75% of principal balance monthly and balloon payment at maturity.

The Bank’s policy sets forth guidelines for debt service coverage ratios, LTV ratios and documentation standards. Commercial loans are primarily made based on identified cash flows of the borrower with consideration given to underlying collateral and personal or other guarantees. The Bank’s policy establishes debt service coverage ratio limits that require a borrower’s cash flow to be sufficient to cover principal and interest payments on all new and existing debt. The majority of the Bank’s commercial loans are secured by the assets being financed or other business assets such as accounts receivable or inventory. Many of the loans in the commercial portfolio have variable interest rates tied to the Prime Rate or U.S. Treasury indices.

The Bank’s policy sets forth guidelines for debt service coverage ratios, LTV ratios and documentation standards. Commercial real estate loans are primarily made based on identified cash flows of the borrower with consideration given to underlying real estate collateral and personal guarantees. The Bank’s policy establishes a maximum LTV specific to property type and minimum debt service coverage ratio limits that require a borrower’s cash flow to be sufficient to cover principal and interest payments on all new and existing debt. Commercial real estate loans may be fixed or variable-rate loans with interest rates tied to the Prime Rate or U.S. Treasury indices. Bank policy requires appraisals for loans in excess of $250,000 that are secured by real property.

The Bank’s consumer loan portfolio includes personal installment loans, direct and indirect automobile financing, and overdraft lines of credit. The majority of the consumer loan portfolio consists of indirect and direct automobile loans. The majority of the Bank’s consumer loans are short-term and have fixed rates of interest that are priced based on current market interest rates and the financial strength of the borrower. The Bank’s policy establishes maximum debt-to-income ratios, minimum credit scores, and includes guidelines for verification of applicants’ income and receipt of credit reports.

Our philosophy is to build long-term client relationships based on quality service, high ethical standards, and safe and sound banking practices. We maintain a locally oriented, community-based focus, which is augmented by experienced, centralized support in select specialized areas. Our local market orientation is reflected in our network of banking office locations, experienced community executives with a dedicated President for each market, and community boards which support our focus on responding to local banking needs. We strive to offer a broad array of sophisticated products and to provide quality service by empowering associates to make decisions in their local markets.

We have sought to build a franchise in small- to medium-sized markets, located on the outskirts of the larger metropolitan markets where we are positioned as a market leader. Many of our markets are on the outskirts of these larger markets in close proximity to major interstate thoroughfares such as Interstates I-10 and I-75. Our three largest markets are Tallahassee (Leon, Florida), Gainesville (Alachua, Florida), and Macon (Bibb, Georgia). The larger employers in many of our markets are state and local governments, healthcare providers, educational institutions, and small businesses. While we realize that the markets in our footprint do not provide for a level of potential growth that the larger metropolitan markets may provide, our markets do provide good growth dynamics and have historically grown in excess of the national average. We strive to provide value added services to our clients by being their banker, not just a bank. This element of our strategy distinguishes Capital City Bank from our competitors.

Our long-term vision remains to profitably expand our franchise through a combination of organic growth in existing markets and acquisitions. We have long understood that our core deposit funding base is a predominant driver of our profitability and overall franchise value, and have focused extensively on this component of our organic growth efforts in recent years. While we have not been an active acquirer of banks since 2005, this component of our strategy is still in place. When evaluating potential acquisition opportunities, we will continue to weigh the value of organic growth initiatives versus potential acquisition returns and pursue the strategies that we believe provide the best overall return to our shareowners.

 



   Company Address: 217 North Monroe Street Tallahassee 32301 FL
   Company Phone Number: 402-7821   Stock Exchange / Ticker: NASDAQ CCBG
    Next quarterly dividend pay out on March 25, 2024.


Customers Net Income fell by CCBG's Customers Net Profit Margin fell to

-4.36 %

11.29 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BANR   -2.89%    
BK   -0.33%    
BPOP   -2.49%    
CFG   -1%    
FITB   -2.51%    
NTRS        1.27% 
• View Complete Report
   



Capital City Bank Group Inc

Capital City Bank Group Inc Demonstrates Strong Financial Performance in Recent Fiscal Period

Capital City Bank Group Inc is a financial institution that has recently shown significant improvement in its financial performance. In its most recent fiscal period, the company's earnings per share (EPS) increased by an impressive 139.15% to $0.69 per share compared to the previous year. This growth can be attributed to a substantial increase in revenue of 49.434% to $54.30 million.
The company's positive results are particularly notable when compared to the average performance of regional banks. While the regional banks sector experienced an average decline of -8.02% in business, Capital City Bank Group Inc managed to achieve revenue growth. In the previous financial reporting period, the company reported revenue of $53.62 million and EPS of $0.74 per share.

Dividend

Capital City Bank Group Shares the Wealth with Dividend Increase

Published Thu, Feb 29 2024 9:26 PM UTC

Capital City Bank Group Increases Dividend, Demonstrating Steady Growth
Capital City Bank Group, Inc. has recently announced an increase in its cash dividend, signaling positive growth for the company. The Board of Directors declared a quarterly cash dividend of $0.21 per share on its common stock, representing a 5% increase from the previous quarter. This brings the ann...

Stock Market Announcement

Capital City Bank Group Initiates New Stock Repurchase Program, Demonstrating Commitment to Shareholders' Interests

Published Fri, Feb 2 2024 7:00 PM UTC

Capital City Bank Group, Inc. Approves New Stock Repurchase Program
TALLAHASSEE, Fla., Feb. 02, 2024 - In a recent press release, Capital City Bank Group, Inc. (NASDAQ: CCBG) announced the approval of a new stock repurchase program by its Board of Directors. This program allows the company to repurchase up to 750,000 shares of its common stock over the next five years, e...

Capital City Bank Group Inc

Regional Banks Achieve Record-breaking 10.45% Income Surge During September 2023 Financial Interval



In the financial interval ending September 30, 2023, Capital City Bank Group Inc (NASDAQ: CCBG) witnessed a reduction in revenue. However, the company managed to increase its earnings per share, indicating successful internal operations. Despite the challenges faced by the Regional Banks industry, Capital City Bank Group Inc achieved notable growth in net profit per share, highlighting its resilience in a competitive market.
Financial Performance:
In the third quarter of 2023, Capital City Bank Group Inc's net profit per share grew by 10.45% to $0.74 per share. Meanwhile, revenue declined by -1.01% to $53.62 million when compared to the same period last year. Although revenue sunk, the company's focus on profitability resulted in improved earnings per share.

Dividend

Capital City Bank Group, Inc. Prioritizes Shareholders with Quarterly Dividend Announcement

Published Thu, Nov 16 2023 10:00 PM UTC

Capital City Bank Group, Inc. Announces Cash Dividend
TALLAHASSEE, Fla., Nov. 16, 2023 - Capital City Bank Group, Inc. (NASDAQ: CCBG) has recently declared a quarterly cash dividend on its common stock of $0.20 per share. This dividend equates to an annualized rate of $0.80 per common share and will be paid to shareholders on December 18, 2023. Shareholders of record as ...






 

Capital City Bank Group Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Capital City Bank Group Inc does not provide revenue guidance.

Earnings Outlook
Capital City Bank Group Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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