Capital City Bank Group Reports Strong Q4 Earnings
TALLAHASSEE, Fla. (AP) — Capital City Bank Group (CCBG) reported fourth-quarter earnings of $13.1 million on Tuesday. The Tallahassee-based bank had earnings of 77 cents per share.
Revenue for the period reached $68.5 million, with net interest income of $59.9 million, exceeding analysts' expectations.
For the year, CCBG reported a profit of $52.9 million or $3.12 per share. Total revenue amounted to $234.9 million.
CCBG's stock performance has been positive, rising 1% year-to-date and 20% over the past year.