STOCK TITAN
  1. Home
  2. News
  3. CCBG

Capital City Bank Group, Inc. - CCBG STOCK NEWS

Welcome to our dedicated news page for Capital City Bank Group (Ticker: CCBG), a resource for investors and traders seeking the latest updates and insights on Capital City Bank Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Capital City Bank Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Capital City Bank Group's position in the market.

News
Capital City Bank Group, Inc. Reports First Quarter 2024 Results
Rhea-AI Summary
Capital City Bank Group, Inc. reported net income of $12.6 million for Q1 2024, up from $11.7 million in Q4 2023. Tax-equivalent net interest income decreased to $38.4 million, with a net interest margin of 4.01%. Noninterest income increased to $18.1 million, while noninterest expense was $40.2 million. Loan balances grew by $17.4 million, and deposit balances increased by $28.0 million. Overall, credit quality remained stable.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
earnings
-
News
Capital City Bank Group, Inc. Increases Cash Dividend
Rhea-AI Summary
Capital City Bank Group, Inc. (CCBG) announced a 5% increase in its quarterly cash dividend to $0.21 per share, with an annualized rate of $0.84 per share. The dividend yield stands at 3.04% based on a closing stock price of $27.61 on February 28, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
dividends
-
News
Capital City Bank Group, Inc. Announces Replacement Stock Repurchase Program
Rhea-AI Summary
Capital City Bank Group, Inc. (CCBG) has approved a new stock repurchase program, authorizing the repurchase of up to 750,000 shares of its common stock over the next five years. The program represents approximately 4.4% of the company's issued and outstanding shares of common stock. The Board of Directors also terminated the existing stock repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
buyback
News
Capital City Bank Group, Inc. Reports Fourth Quarter 2023 Results
Rhea-AI Summary
Capital City Bank Group, Inc. (NASDAQ: CCBG) reported net income of $11.7 million for Q4 2023, compared to $12.7 million for Q3 2023, and $9.6 million for Q4 2022. Full year 2023 saw net income of $52.3 million, compared to $33.4 million for 2022. Loan balances grew by $38.6 million, while deposit balances declined by $46.8 million. The tangible book value per share increased by $1.23, reflecting a 6.4% increase. Tax-equivalent net interest income totaled $159.4 million for 2023, with a net interest margin of 4.05%. Noninterest income decreased by $3.6 million, and noninterest expense increased by $5.4 million. The effective tax rate for 2023 was 20.4%. Nonperforming assets totaled $6.2 million at December 31, 2023, and average total deposits were $3.549 billion for Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.22%
Tags
earnings
-
News
Capital City Bank Named Among “Best Banks to Work For” By American Banker For 11 Years In A Row
Rhea-AI Summary
Capital City Bank (CCBG) has been named one of the 'Best Banks to Work For' by American Banker magazine for the eleventh consecutive year. With an overall rank of #40 out of 90 banks nationwide and #9 within the category of banks with assets more than $3 billion and less than $10 billion, Capital City Bank has been recognized for its commitment to fostering a positive and supportive work environment for its associates. The company offers an excellent benefits package, ongoing training programs, and incentives for associates learning new skills and utilizing technology to streamline processes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
Tags
none
-
News
Related to Delayed Filing of Quarterly Report on Form 10-Q
Rhea-AI Summary
Capital City Bank Group, Inc. (CCBG) has received a notice from Nasdaq stating that it is not in compliance with the continued listing requirements due to the untimely filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023. This does not immediately affect the listing or trading of CCBG's common stock on the Nasdaq Global Select Market. The company has 60 calendar days to submit a plan to regain compliance, with a possible extension of up to 180 days if the plan is accepted. CCBG expects to submit a plan or file the Form 10-Q within the prescribed timeline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.84%
Tags
none
News
Capital City Bank Group, Inc. Announces Cash Dividend
Rhea-AI Summary
Capital City Bank Group, Inc. (NASDAQ: CCBG) declares a quarterly cash dividend of $0.20 per share, resulting in an annualized rate of $0.80 per common share. The dividend, with an annualized yield of 2.76% based on a closing stock price of $29.02 on November 15, 2023, is payable on December 18, 2023, to shareowners of record as of December 4, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
dividends
-
News
Capital City Bank Group, Inc. Announces Late Filing of Third Quarter 2023 10-Q and Planned Restatements
Rhea-AI Summary
Capital City Bank Group, Inc. (CCBG) announced the identification of inter-company transactions between its subsidiaries, impacting its earnings release and financial statements. This discovery led to the delay in filing its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, and the need to restate certain historical financial information. The company is reassessing its internal controls and expects to report a material weakness in its internal controls. Management is committed to rectifying affected prior period financials and implementing new controls. The company intends to file amendments to its Annual Report on Form 10-K for the year ended December 31, 2022, and its Quarterly Reports on Form 10-Q for the three months ended March 31, 2023, and the three and six months ended June 30, 2023, including restated financial statements and related disclosures as promptly as practicable.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.33%
Tags
earnings
-
News
Capital City Bank Group, Inc. Reports Third Quarter 2023 Results
Rhea-AI Summary
Capital City Bank Group reports net income of $13.2 million for Q3 2023, compared to $14.6 million in Q2 2023 and $11.3 million in Q3 2022. Net income for the first nine months of 2023 is $42.7 million, compared to $28.5 million for the same period in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.34%
Tags
earnings
News
Capital City Bank Group, Inc. Increases Cash Dividend
Rhea-AI Summary
Capital City Bank Group, Inc. declares quarterly cash dividend of $0.20 per share, an 11.1% increase over the prior quarter. Annualized dividend yield is 2.66% based on closing stock price of $30.06 on August 23, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
dividends
Stock CCBG logo
Capital City Bank Group, Inc.

Nasdaq:CCBG

CCBG Rankings

#3040 Ranked by Market Cap
#3405 Ranked by Stock Gains
#1097 Ranked by Dividends

CCBG Stock Data

441.37M
13.63M
19.5%
45.9%
0.27%
Commercial Banking
Finance and Insurance
Link
US
Tallahassee

About CCBG

about capital city bank group, inc. capital city bank group, inc. (nasdaq:ccbg) is one of the largest publicly traded financial holding companies headquartered in florida and has approximately $2.8 billion in assets. we provide a full range of banking services, including traditional deposit and credit services, mortgage banking, asset management, trust, merchant services, bankcards, data processing and securities brokerage services. our bank subsidiary, capital city bank, was founded in 1895 and now has 60 banking offices and 71 atms in florida, georgia and alabama. for more information about capital city bank group, inc., visit www.ccbg.com. member fdic equal housing lender equal opportunity employer