Welcome to our dedicated page for Capital City Bk news (Ticker: CCBG), a resource for investors and traders seeking the latest updates and insights on Capital City Bk stock.
Capital City Bank Group, Inc. (NASDAQ: CCBG) is a financial holding company in the commercial banking industry, with operations concentrated in Florida, Georgia and Alabama through its subsidiary Capital City Bank. This news page aggregates company-issued updates and market-moving announcements so readers can review how the bank communicates its financial performance, capital actions and corporate developments over time.
Recent news releases from Capital City Bank Group cover topics such as quarterly earnings results, dividend declarations and leadership appointments. The company reports net income attributable to common shareowners, trends in net interest income and net interest margin, provision for credit losses, noninterest income and noninterest expense. These earnings communications offer insight into loan and deposit balances, earning asset mix and allowance for credit losses, helping observers understand the bank’s operating profile.
Capital City Bank Group also uses news releases to announce quarterly cash dividends on its common stock, including the declared per-share amount and record and payment dates. Other announcements highlight appointments to senior roles, such as chief retail officer or chief lending officer, and describe responsibilities for managing retail sales, service and operations or lending strategies. In addition, the bank has shared recognition it has received from publications and industry groups for workplace culture and banking performance.
Investors and followers of CCBG can use this news stream to monitor scheduled earnings release dates, review detailed quarterly results and track changes in leadership or strategic focus as described by the company. Bookmarking this page provides a single location to review Capital City Bank Group’s official news flow and assess how its communications evolve across reporting periods.
The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) has declared a quarterly cash dividend of $.15 per share, producing an annualized rate of $.60. This dividend will be payable on March 22, 2021, to shareholders on record as of March 8, 2021. The annualized dividend yield stands at 2.31%, based on a closing stock price of $26.01 as of February 24, 2021. With approximately $3.8 billion in assets, Capital City Bank Group provides a full range of banking services across Florida, Georgia, and Alabama.
Capital City Bank Group (CCBG) reported a net income of $7.7 million, or $0.46 per diluted share, for Q4 2020, down from $10.4 million in Q3 2020. For the full year, net income rose to $31.6 million compared to $30.8 million in 2019. Key highlights include a 1.8% increase in operating revenues, a firm net interest income, and a 7% rise in other fee revenues. Loan balances were boosted by $190 million in SBA PPP loan originations. Credit quality remains solid, with 97% of pandemic-related extensions resuming payments, though a $6.6 million reserve build was noted for potential credit losses.
The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) has declared a quarterly cash dividend of $0.15 per share, marking a 7.1% increase from the previous quarter's $0.14. This dividend yields an annualized rate of $0.60 per share and will be payable on December 21, 2020, to shareholders of record as of December 7, 2020. Based on the stock's closing price of $23.20 on November 18, 2020, this equates to an annualized dividend yield of 2.59%. The company has approximately $3.6 billion in assets and operates 57 banking offices across Florida, Georgia, and Alabama.
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Capital City Bank Group (NASDAQ: CCBG) reported a net income of $10.4 million ($0.62 per share) for Q3 2020, up from $9.1 million in Q2 2020 and $8.5 million in Q3 2019. Year-to-date net income reached $23.8 million ($1.42 per share), an increase from $22.2 million in the same period of 2019. Highlights include a return on assets of 1.17% and a return on equity of 12.16%. The company benefited from strong performance in its mortgage banking segment and increased noninterest income, despite a lower net interest income due to reduced interest rates. Loan quality remains stable with no significant problem loan migration.
Capital City Bank Group, Inc. (NASDAQ: CCBG) announced a quarterly cash dividend of $0.14 per share, translating to an annualized rate of $0.56 per share. This dividend, yielding 2.75%, is payable on September 28, 2020, to shareholders of record as of September 14, 2020. With approximately $3.5 billion in assets, Capital City Bank provides a comprehensive range of banking services across Florida, Georgia, and Alabama, supported by 57 banking offices and 85 ATMs.
Capital City Bank Group (NASDAQ: CCBG) reported a net income of $9.1 million ($0.55 per diluted share) for Q2 2020, up from $4.3 million ($0.25) in Q1 2020. Year-to-date net income stands at $13.4 million ($0.80), slightly down from $13.8 million ($0.82) in the same period last year. Key highlights include a return on assets (ROA) of 1.10%, loan growth of $190 million due to the Paycheck Protection Program, and a significant contribution of $0.20 per share from Capital City Home Loans. Noninterest income rose to $30.2 million, driven by mortgage banking fees.
The Board of Directors of Capital City Bank Group declared a quarterly cash dividend of $.14 per share, with an annualized rate of $.56. This dividend, yielding 3.04% based on a stock price of $18.40 on May 20, 2020, will be paid on June 22, 2020 to shareholders of record as of June 8, 2020. Capital City Bank Group, headquartered in Florida, manages approximately $3.1 billion in assets and offers a wide range of banking services across 57 locations in Florida, Georgia, and Alabama.