Capital City Bank: Q1 Earnings Snapshot

Posted 4/22/24

TALLAHASSEE, Fla. (AP) — TALLAHASSEE, Fla. (AP) — Capital City Bank Group (CCBG) on Monday reported first-quarter profit of $12.6 million.

The bank, based in Tallahassee, Florida, said it had …

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Capital City Bank: Q1 Earnings Snapshot

Posted

TALLAHASSEE, Fla. (AP) — TALLAHASSEE, Fla. (AP) — Capital City Bank Group (CCBG) on Monday reported first-quarter profit of $12.6 million.

The bank, based in Tallahassee, Florida, said it had earnings of 74 cents per share.

The bank holding company posted revenue of $64.9 million in the period. Its revenue net of interest expense was $56.5 million, which missed Street forecasts.

Capital City Bank shares have declined 8% since the beginning of the year. The stock has decreased 6% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCBG at https://www.zacks.com/ap/CCBG

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