Annual Income Statements for Capital City Bank Group
This table shows Capital City Bank Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Capital City Bank Group
This table shows Capital City Bank Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
9.64 |
9.71 |
14 |
14 |
13 |
12 |
13 |
14 |
13 |
13 |
Consolidated Net Income / (Loss) |
|
9.61 |
8.71 |
14 |
14 |
12 |
11 |
12 |
14 |
13 |
13 |
Net Income / (Loss) Continuing Operations |
|
9.57 |
8.61 |
14 |
14 |
12 |
11 |
12 |
14 |
13 |
13 |
Total Pre-Tax Income |
|
12 |
11 |
17 |
18 |
15 |
14 |
15 |
17 |
16 |
17 |
Total Revenue |
|
52 |
53 |
58 |
60 |
56 |
56 |
56 |
59 |
60 |
60 |
Net Interest Income / (Expense) |
|
33 |
38 |
40 |
40 |
39 |
39 |
38 |
39 |
40 |
41 |
Total Interest Income |
|
35 |
41 |
44 |
45 |
46 |
46 |
47 |
49 |
49 |
50 |
Loans and Leases Interest Income |
|
28 |
32 |
35 |
38 |
39 |
40 |
41 |
41 |
42 |
41 |
Investment Securities Interest Income |
|
4.37 |
4.85 |
4.92 |
4.82 |
4.56 |
4.39 |
4.24 |
4.00 |
4.16 |
4.69 |
Federal Funds Sold and Securities Borrowed Interest Income |
|
3.23 |
4.46 |
4.11 |
2.78 |
1.85 |
1.39 |
1.89 |
3.62 |
3.51 |
3.60 |
Total Interest Expense |
|
2.04 |
3.12 |
3.53 |
5.07 |
6.47 |
7.01 |
8.47 |
9.50 |
9.12 |
8.64 |
Deposits Interest Expense |
|
1.05 |
1.90 |
2.49 |
4.01 |
5.21 |
5.87 |
7.59 |
8.58 |
8.22 |
7.77 |
Short-Term Borrowings Interest Expense |
|
0.54 |
0.69 |
0.46 |
0.45 |
0.63 |
0.51 |
0.24 |
0.29 |
0.27 |
0.28 |
Long-Term Debt Interest Expense |
|
0.45 |
0.53 |
0.58 |
0.61 |
0.63 |
0.63 |
0.63 |
0.63 |
0.62 |
0.59 |
Total Non-Interest Income |
|
19 |
15 |
18 |
20 |
17 |
17 |
18 |
20 |
20 |
19 |
Other Service Charges |
|
19 |
15 |
18 |
7.13 |
17 |
30 |
18 |
20 |
1.64 |
37 |
Provision for Credit Losses |
|
2.15 |
3.62 |
3.10 |
2.20 |
2.39 |
2.03 |
0.92 |
1.20 |
1.21 |
0.70 |
Total Non-Interest Expense |
|
38 |
39 |
38 |
40 |
39 |
40 |
40 |
40 |
43 |
42 |
Salaries and Employee Benefits |
|
23 |
23 |
24 |
23 |
23 |
24 |
24 |
24 |
26 |
26 |
Net Occupancy & Equipment Expense |
|
6.15 |
6.25 |
6.76 |
6.82 |
6.98 |
7.10 |
6.99 |
7.00 |
7.10 |
6.89 |
Other Operating Expenses |
|
8.58 |
9.98 |
7.39 |
10 |
9.12 |
9.04 |
8.77 |
9.04 |
10 |
8.78 |
Income Tax Expense |
|
2.49 |
1.90 |
3.71 |
3.42 |
3.00 |
2.91 |
3.54 |
3.19 |
2.98 |
4.22 |
Net Income / (Loss) Attributable to Noncontrolling Interest |
|
-0.04 |
-1.00 |
-0.04 |
0.03 |
-1.15 |
-0.28 |
-0.73 |
-0.11 |
-0.50 |
0.07 |
Basic Earnings per Share |
|
$0.57 |
$0.56 |
$0.81 |
$0.83 |
$0.75 |
$0.69 |
$0.74 |
$0.84 |
$0.77 |
$0.77 |
Weighted Average Basic Shares Outstanding |
|
16.96M |
16.95M |
17.02M |
17.00M |
16.99M |
16.99M |
16.95M |
16.93M |
16.94M |
16.94M |
Diluted Earnings per Share |
|
$0.57 |
$0.56 |
$0.80 |
$0.83 |
$0.74 |
$0.70 |
$0.74 |
$0.83 |
$0.77 |
$0.78 |
Weighted Average Diluted Shares Outstanding |
|
17.00M |
16.99M |
17.05M |
17.04M |
17.03M |
17.02M |
16.97M |
16.96M |
16.98M |
16.97M |
Weighted Average Basic & Diluted Shares Outstanding |
|
16.96M |
17.02M |
17.02M |
16.99M |
16.96M |
16.94M |
16.94M |
16.94M |
16.94M |
17.05M |
Annual Cash Flow Statements for Capital City Bank Group
This table details how cash moves in and out of Capital City Bank Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
-435 |
-289 |
80 |
Net Cash From Operating Activities |
93 |
55 |
64 |
Net Cash From Continuing Operating Activities |
93 |
55 |
64 |
Net Income / (Loss) Continuing Operations |
33 |
52 |
53 |
Consolidated Net Income / (Loss) |
33 |
52 |
53 |
Provision For Loan Losses |
7.49 |
9.71 |
4.03 |
Depreciation Expense |
7.60 |
7.92 |
7.67 |
Amortization Expense |
7.93 |
4.38 |
4.35 |
Non-Cash Adjustments to Reconcile Net Income |
40 |
-14 |
-4.49 |
Changes in Operating Assets and Liabilities, net |
-3.67 |
-5.96 |
-0.91 |
Net Cash From Investing Activities |
-766 |
-69 |
68 |
Net Cash From Continuing Investing Activities |
-766 |
-69 |
68 |
Purchase of Property, Leasehold Improvements and Equipment |
-6.32 |
-7.05 |
-8.69 |
Purchase of Investment Securities |
-1,007 |
-253 |
-162 |
Sale and/or Maturity of Investments |
247 |
191 |
239 |
Net Cash From Financing Activities |
238 |
-275 |
-52 |
Net Cash From Continuing Financing Activities |
238 |
-275 |
-52 |
Net Change in Deposits |
226 |
-237 |
-30 |
Issuance of Debt |
22 |
-21 |
-6.44 |
Issuance of Common Equity |
1.30 |
0.94 |
1.50 |
Repayment of Debt |
-0.25 |
-0.20 |
-0.12 |
Repurchase of Common Equity |
0.00 |
-3.71 |
-2.33 |
Payment of Dividends |
-11 |
-13 |
-15 |
Cash Interest Paid |
6.59 |
22 |
35 |
Cash Income Taxes Paid |
7.47 |
9.12 |
6.14 |
Quarterly Cash Flow Statements for Capital City Bank Group
This table details how cash moves in and out of Capital City Bank Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
-124 |
30 |
-213 |
-19 |
-201 |
145 |
-7.38 |
43 |
-2.77 |
47 |
Net Cash From Operating Activities |
|
5.69 |
18 |
21 |
4.23 |
25 |
4.59 |
15 |
25 |
13 |
11 |
Net Cash From Continuing Operating Activities |
|
6.36 |
18 |
21 |
4.23 |
25 |
4.59 |
15 |
25 |
13 |
11 |
Net Income / (Loss) Continuing Operations |
|
9.61 |
9.61 |
14 |
14 |
13 |
12 |
13 |
14 |
13 |
13 |
Consolidated Net Income / (Loss) |
|
9.61 |
9.61 |
14 |
14 |
13 |
12 |
13 |
14 |
13 |
13 |
Provision For Loan Losses |
|
2.15 |
3.62 |
3.10 |
2.20 |
2.39 |
2.03 |
0.92 |
1.20 |
1.21 |
0.70 |
Depreciation Expense |
|
1.89 |
1.91 |
1.97 |
1.96 |
1.99 |
2.00 |
2.05 |
2.00 |
1.75 |
1.87 |
Amortization Expense |
|
1.61 |
1.19 |
1.11 |
1.09 |
1.14 |
1.05 |
1.01 |
0.92 |
1.33 |
1.10 |
Non-Cash Adjustments to Reconcile Net Income |
|
3.10 |
8.84 |
-6.21 |
-14 |
5.90 |
0.58 |
-1.19 |
2.39 |
-8.86 |
3.16 |
Changes in Operating Assets and Liabilities, net |
|
-12 |
-7.35 |
6.95 |
-1.39 |
1.25 |
-13 |
-0.70 |
3.95 |
4.53 |
-8.69 |
Net Cash From Investing Activities |
|
-113 |
-170 |
-84 |
-8.37 |
35 |
-11 |
34 |
73 |
6.48 |
-45 |
Net Cash From Continuing Investing Activities |
|
-113 |
-170 |
-84 |
-8.37 |
35 |
-11 |
34 |
73 |
6.47 |
-45 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.69 |
-2.31 |
-1.89 |
-1.97 |
-1.61 |
-1.59 |
-2.24 |
-1.96 |
-2.24 |
-2.25 |
Purchase of Investment Securities |
|
-30 |
-418 |
-130 |
124 |
-200 |
-47 |
-9.51 |
24 |
-65 |
-111 |
Sale and/or Maturity of Investments |
|
-83 |
251 |
48 |
-131 |
237 |
37 |
46 |
51 |
73 |
68 |
Net Cash From Financing Activities |
|
-17 |
182 |
-149 |
-15 |
-262 |
151 |
-56 |
-55 |
-22 |
81 |
Net Cash From Continuing Financing Activities |
|
-17 |
182 |
-149 |
-15 |
-262 |
151 |
-56 |
-55 |
-22 |
81 |
Net Change in Deposits |
|
-27 |
180 |
-115 |
-35 |
-248 |
161 |
-47 |
-46 |
-29 |
93 |
Issuance of Debt |
|
18 |
4.52 |
0.00 |
-0.10 |
-15 |
-6.21 |
0.00 |
0.69 |
1.71 |
-8.85 |
Issuance of Common Equity |
|
0.08 |
0.72 |
0.16 |
0.32 |
0.08 |
0.38 |
0.17 |
0.36 |
0.10 |
0.87 |
Repayment of Debt |
|
-4.83 |
-0.05 |
-30 |
24 |
6.12 |
-0.20 |
-3.51 |
-6.07 |
9.57 |
-0.12 |
Payment of Dividends |
|
-2.88 |
-2.88 |
-3.06 |
-3.06 |
-3.40 |
-3.39 |
-3.56 |
-3.56 |
-3.90 |
-3.90 |
Cash Interest Paid |
|
1.97 |
3.00 |
3.72 |
5.00 |
6.31 |
6.75 |
7.88 |
9.28 |
8.99 |
8.87 |
Cash Income Taxes Paid |
|
2.65 |
1.06 |
7.47 |
-3.61 |
3.54 |
1.72 |
0.00 |
3.01 |
2.74 |
0.40 |
Annual Balance Sheets for Capital City Bank Group
This table presents Capital City Bank Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Total Assets |
4,519 |
4,304 |
4,325 |
Cash and Due from Banks |
72 |
83 |
71 |
Federal Funds Sold |
529 |
229 |
321 |
Trading Account Securities |
1,074 |
966 |
973 |
Loans and Leases, Net of Allowance |
2,523 |
-30 |
-29 |
Allowance for Loan and Lease Losses |
25 |
30 |
29 |
Loans Held for Sale |
27 |
28 |
29 |
Premises and Equipment, Net |
82 |
81 |
82 |
Intangible Assets |
93 |
93 |
93 |
Other Assets |
120 |
2,824 |
2,757 |
Total Liabilities & Shareholders' Equity |
4,519 |
4,304 |
4,325 |
Total Liabilities |
4,123 |
3,856 |
3,830 |
Non-Interest Bearing Deposits |
1,654 |
1,378 |
1,306 |
Interest Bearing Deposits |
2,286 |
2,324 |
2,366 |
Short-Term Debt |
57 |
35 |
28 |
Long-Term Debt |
53 |
53 |
54 |
Other Long-Term Liabilities |
74 |
66 |
76 |
Redeemable Noncontrolling Interest |
8.76 |
7.41 |
0.00 |
Total Equity & Noncontrolling Interests |
387 |
441 |
495 |
Total Preferred & Common Equity |
387 |
441 |
495 |
Preferred Stock |
0.00 |
0.00 |
0.00 |
Total Common Equity |
387 |
441 |
495 |
Common Stock |
38 |
36 |
38 |
Retained Earnings |
387 |
426 |
464 |
Accumulated Other Comprehensive Income / (Loss) |
-37 |
-22 |
-6.49 |
Quarterly Balance Sheets for Capital City Bank Group
This table presents Capital City Bank Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
4,333 |
4,402 |
4,391 |
4,138 |
4,260 |
4,226 |
4,225 |
Cash and Due from Banks |
|
73 |
85 |
84 |
72 |
74 |
75 |
83 |
Federal Funds Sold |
|
498 |
303 |
285 |
95 |
231 |
273 |
262 |
Trading Account Securities |
|
1,094 |
1,057 |
1,029 |
970 |
1,868 |
1,793 |
1,809 |
Loans and Leases, Net of Allowance |
|
2,324 |
2,630 |
2,655 |
2,676 |
-29 |
-29 |
-30 |
Allowance for Loan and Lease Losses |
|
23 |
27 |
28 |
29 |
29 |
29 |
30 |
Loans Held for Sale |
|
50 |
28 |
45 |
34 |
25 |
24 |
31 |
Premises and Equipment, Net |
|
82 |
82 |
82 |
82 |
81 |
81 |
82 |
Intangible Assets |
|
93 |
93 |
93 |
93 |
93 |
93 |
93 |
Other Assets |
|
119 |
123 |
118 |
116 |
2,822 |
2,783 |
2,770 |
Total Liabilities & Shareholders' Equity |
|
4,333 |
4,402 |
4,391 |
4,138 |
4,260 |
4,226 |
4,225 |
Total Liabilities |
|
3,950 |
3,990 |
3,970 |
3,711 |
3,805 |
3,758 |
3,742 |
Non-Interest Bearing Deposits |
|
1,737 |
1,601 |
1,520 |
1,472 |
1,362 |
1,344 |
1,331 |
Interest Bearing Deposits |
|
2,022 |
2,223 |
2,269 |
2,068 |
2,293 |
2,265 |
2,248 |
Short-Term Debt |
|
52 |
27 |
51 |
42 |
32 |
26 |
37 |
Long-Term Debt |
|
53 |
53 |
53 |
53 |
53 |
54 |
54 |
Other Long-Term Liabilities |
|
85 |
86 |
77 |
76 |
65 |
70 |
72 |
Redeemable Noncontrolling Interest |
|
9.75 |
8.72 |
8.75 |
7.60 |
6.59 |
6.48 |
6.82 |
Total Equity & Noncontrolling Interests |
|
373 |
403 |
412 |
420 |
448 |
461 |
476 |
Total Preferred & Common Equity |
|
373 |
403 |
412 |
420 |
448 |
461 |
476 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
373 |
403 |
412 |
420 |
448 |
461 |
476 |
Common Stock |
|
36 |
38 |
37 |
36 |
35 |
36 |
36 |
Retained Earnings |
|
385 |
398 |
409 |
418 |
435 |
446 |
454 |
Accumulated Other Comprehensive Income / (Loss) |
|
-48 |
-32 |
-33 |
-35 |
-22 |
-21 |
-14 |
Annual Metrics And Ratios for Capital City Bank Group
This table displays calculated financial ratios and metrics derived from Capital City Bank Group's official financial filings.
Metric |
2022 |
2023 |
2024 |
Growth Metrics |
- |
- |
- |
Revenue Growth |
-4.85% |
15.18% |
1.87% |
EBITDA Growth |
-20.54% |
34.55% |
1.88% |
EBIT Growth |
-16.94% |
55.47% |
2.67% |
NOPAT Growth |
-16.00% |
52.72% |
1.62% |
Net Income Growth |
-15.66% |
52.10% |
1.62% |
EPS Growth |
-0.51% |
55.84% |
1.63% |
Operating Cash Flow Growth |
-24.13% |
-40.90% |
16.05% |
Free Cash Flow Firm Growth |
-70.41% |
98.84% |
-46.69% |
Invested Capital Growth |
4.76% |
5.99% |
7.59% |
Revenue Q/Q Growth |
2.04% |
1.29% |
1.53% |
EBITDA Q/Q Growth |
-0.35% |
5.21% |
3.98% |
EBIT Q/Q Growth |
3.37% |
6.38% |
4.85% |
NOPAT Q/Q Growth |
4.65% |
5.88% |
3.46% |
Net Income Q/Q Growth |
4.95% |
5.65% |
3.24% |
EPS Q/Q Growth |
10.06% |
4.78% |
2.63% |
Operating Cash Flow Q/Q Growth |
-16.40% |
-19.45% |
11.68% |
Free Cash Flow Firm Q/Q Growth |
-15.69% |
42.42% |
622.59% |
Invested Capital Q/Q Growth |
3.60% |
2.74% |
0.53% |
Profitability Metrics |
- |
- |
- |
EBITDA Margin |
28.27% |
33.03% |
33.03% |
EBIT Margin |
20.52% |
27.69% |
27.91% |
Profit (Net Income) Margin |
16.69% |
22.04% |
21.98% |
Tax Burden Percent |
81.34% |
79.58% |
78.76% |
Interest Burden Percent |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
18.98% |
20.42% |
21.24% |
Return on Invested Capital (ROIC) |
6.73% |
9.75% |
9.27% |
ROIC Less NNEP Spread (ROIC-NNEP) |
6.86% |
9.75% |
9.27% |
Return on Net Nonoperating Assets (RNNOA) |
1.72% |
2.29% |
1.68% |
Return on Equity (ROE) |
8.45% |
12.04% |
10.95% |
Cash Return on Invested Capital (CROIC) |
2.08% |
3.93% |
1.96% |
Operating Return on Assets (OROA) |
0.94% |
1.45% |
1.52% |
Return on Assets (ROA) |
0.76% |
1.15% |
1.20% |
Return on Common Equity (ROCE) |
8.23% |
11.81% |
10.86% |
Return on Equity Simple (ROE_SIMPLE) |
8.63% |
11.53% |
10.43% |
Net Operating Profit after Tax (NOPAT) |
33 |
51 |
52 |
NOPAT Margin |
16.62% |
22.04% |
21.98% |
Net Nonoperating Expense Percent (NNEP) |
-0.14% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
57.99% |
52.67% |
54.79% |
Operating Expenses to Revenue |
75.74% |
68.09% |
70.37% |
Earnings before Interest and Taxes (EBIT) |
41 |
64 |
66 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
57 |
76 |
78 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.34 |
1.09 |
1.25 |
Price to Tangible Book Value (P/TBV) |
1.77 |
1.39 |
1.53 |
Price to Revenue (P/Rev) |
2.59 |
2.09 |
2.63 |
Price to Earnings (P/E) |
15.48 |
9.23 |
11.66 |
Dividend Yield |
2.16% |
2.67% |
2.42% |
Earnings Yield |
6.46% |
10.84% |
8.58% |
Enterprise Value to Invested Capital (EV/IC) |
0.07 |
0.50 |
0.53 |
Enterprise Value to Revenue (EV/Rev) |
0.19 |
1.15 |
1.31 |
Enterprise Value to EBITDA (EV/EBITDA) |
0.66 |
3.49 |
3.96 |
Enterprise Value to EBIT (EV/EBIT) |
0.92 |
4.17 |
4.68 |
Enterprise Value to NOPAT (EV/NOPAT) |
1.13 |
5.23 |
5.95 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
0.41 |
4.86 |
4.83 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
3.65 |
12.99 |
28.12 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.28 |
0.20 |
0.17 |
Long-Term Debt to Equity |
0.13 |
0.12 |
0.11 |
Financial Leverage |
0.25 |
0.24 |
0.18 |
Leverage Ratio |
11.10 |
10.45 |
9.15 |
Compound Leverage Factor |
11.10 |
10.45 |
9.15 |
Debt to Total Capital |
21.77% |
16.50% |
14.20% |
Short-Term Debt to Total Capital |
11.22% |
6.59% |
4.90% |
Long-Term Debt to Total Capital |
10.55% |
9.92% |
9.30% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
1.73% |
1.38% |
0.00% |
Common Equity to Total Capital |
76.50% |
82.12% |
85.80% |
Debt to EBITDA |
1.95 |
1.16 |
1.06 |
Net Debt to EBITDA |
-8.66 |
-2.93 |
-3.99 |
Long-Term Debt to EBITDA |
0.94 |
0.70 |
0.69 |
Debt to NOPAT |
3.31 |
1.74 |
1.59 |
Net Debt to NOPAT |
-14.74 |
-4.40 |
-6.00 |
Long-Term Debt to NOPAT |
1.60 |
1.05 |
1.04 |
Noncontrolling Interest Sharing Ratio |
2.59% |
1.92% |
0.79% |
Liquidity Ratios |
- |
- |
- |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
10 |
20 |
11 |
Operating Cash Flow to CapEx |
1,466.18% |
777.49% |
731.73% |
Free Cash Flow to Firm to Interest Expense |
1.50 |
0.93 |
0.31 |
Operating Cash Flow to Interest Expense |
13.46 |
2.48 |
1.78 |
Operating Cash Flow Less CapEx to Interest Expense |
12.54 |
2.16 |
1.54 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
0.05 |
0.05 |
0.05 |
Fixed Asset Turnover |
2.42 |
2.82 |
2.88 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
506 |
537 |
577 |
Invested Capital Turnover |
0.40 |
0.44 |
0.42 |
Increase / (Decrease) in Invested Capital |
23 |
30 |
41 |
Enterprise Value (EV) |
38 |
266 |
307 |
Market Capitalization |
519 |
482 |
617 |
Book Value per Share |
$22.83 |
$25.98 |
$29.23 |
Tangible Book Value per Share |
$17.34 |
$20.50 |
$23.76 |
Total Capital |
506 |
537 |
577 |
Total Debt |
110 |
89 |
82 |
Total Long-Term Debt |
53 |
53 |
54 |
Net Debt |
-490 |
-224 |
-310 |
Capital Expenditures (CapEx) |
6.32 |
7.05 |
8.69 |
Net Nonoperating Expense (NNE) |
-0.14 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
110 |
89 |
82 |
Total Depreciation and Amortization (D&A) |
16 |
12 |
12 |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$2.37 |
$0.00 |
$3.12 |
Adjusted Weighted Average Basic Shares Outstanding |
16.95M |
0.00 |
16.94M |
Adjusted Diluted Earnings per Share |
$2.36 |
$0.00 |
$3.12 |
Adjusted Weighted Average Diluted Shares Outstanding |
16.99M |
0.00 |
16.97M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
17.02M |
0.00 |
17.05M |
Normalized Net Operating Profit after Tax (NOPAT) |
33 |
51 |
52 |
Normalized NOPAT Margin |
16.62% |
22.04% |
21.98% |
Pre Tax Income Margin |
20.52% |
27.69% |
27.91% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
5.96 |
2.89 |
1.84 |
NOPAT to Interest Expense |
4.83 |
2.30 |
1.45 |
EBIT Less CapEx to Interest Expense |
5.05 |
2.57 |
1.59 |
NOPAT Less CapEx to Interest Expense |
3.91 |
1.98 |
1.20 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
33.49% |
25.39% |
28.86% |
Augmented Payout Ratio |
33.49% |
32.69% |
33.37% |
Quarterly Metrics And Ratios for Capital City Bank Group
This table displays calculated financial ratios and metrics derived from Capital City Bank Group's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-4.30% |
8.12% |
26.97% |
22.43% |
7.89% |
5.50% |
-2.93% |
-2.04% |
6.63% |
6.28% |
EBITDA Growth |
|
-29.06% |
-1.45% |
48.20% |
51.66% |
13.43% |
27.71% |
-9.98% |
-2.54% |
5.84% |
17.06% |
EBIT Growth |
|
-17.07% |
14.58% |
87.96% |
90.49% |
20.31% |
36.44% |
-11.64% |
-2.22% |
7.49% |
21.16% |
NOPAT Growth |
|
-17.48% |
20.71% |
81.62% |
87.75% |
20.26% |
32.76% |
-13.52% |
-1.15% |
9.66% |
15.08% |
Net Income Growth |
|
-17.16% |
22.09% |
82.08% |
87.34% |
19.79% |
31.22% |
-13.74% |
-0.17% |
9.66% |
14.17% |
EPS Growth |
|
-5.00% |
47.37% |
95.12% |
93.02% |
29.82% |
25.00% |
-7.50% |
0.00% |
4.05% |
11.43% |
Operating Cash Flow Growth |
|
-83.25% |
-50.51% |
-0.95% |
-91.25% |
344.91% |
-74.24% |
-29.00% |
489.53% |
-49.67% |
144.86% |
Free Cash Flow Firm Growth |
|
-120.76% |
-719.45% |
-525.47% |
-344.45% |
-120.77% |
-31.63% |
-226.42% |
78.04% |
-78.12% |
-45.79% |
Invested Capital Growth |
|
4.18% |
4.76% |
5.30% |
10.62% |
6.88% |
5.99% |
9.75% |
4.19% |
9.96% |
7.59% |
Revenue Q/Q Growth |
|
5.75% |
2.85% |
8.93% |
3.35% |
-6.81% |
0.57% |
0.22% |
4.29% |
1.44% |
0.23% |
EBITDA Q/Q Growth |
|
14.12% |
-12.46% |
50.28% |
1.03% |
-14.65% |
-1.44% |
5.92% |
9.38% |
-7.31% |
9.01% |
EBIT Q/Q Growth |
|
30.38% |
-12.83% |
65.34% |
1.37% |
-17.66% |
-1.14% |
7.08% |
12.17% |
-9.48% |
11.43% |
NOPAT Q/Q Growth |
|
26.46% |
-9.97% |
58.74% |
3.88% |
-19.00% |
-0.61% |
3.40% |
18.74% |
-10.14% |
4.31% |
Net Income Q/Q Growth |
|
26.95% |
-9.30% |
57.36% |
3.39% |
-18.82% |
-0.64% |
3.44% |
19.66% |
-10.83% |
3.45% |
EPS Q/Q Growth |
|
32.56% |
-1.75% |
42.86% |
3.75% |
-10.84% |
-5.41% |
5.71% |
12.16% |
-7.23% |
1.30% |
Operating Cash Flow Q/Q Growth |
|
-88.22% |
212.89% |
15.79% |
-79.49% |
498.89% |
-81.88% |
1,709.56% |
70.25% |
-48.87% |
-11.85% |
Free Cash Flow Firm Q/Q Growth |
|
-22.91% |
-43.41% |
22.90% |
-227.07% |
38.95% |
14.50% |
-91.19% |
78.00% |
-395.17% |
30.02% |
Invested Capital Q/Q Growth |
|
2.93% |
3.60% |
-2.82% |
6.75% |
-0.55% |
2.74% |
0.63% |
1.33% |
4.96% |
0.53% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
29.96% |
25.50% |
35.18% |
34.39% |
31.50% |
30.87% |
32.63% |
34.22% |
31.27% |
34.00% |
EBIT Margin |
|
23.23% |
19.69% |
29.89% |
29.32% |
25.91% |
25.47% |
27.21% |
29.27% |
26.12% |
29.03% |
Profit (Net Income) Margin |
|
18.50% |
16.32% |
23.57% |
23.58% |
20.54% |
20.30% |
20.95% |
24.03% |
21.13% |
21.80% |
Tax Burden Percent |
|
79.64% |
82.86% |
78.86% |
80.43% |
79.30% |
79.69% |
76.98% |
82.12% |
80.89% |
75.10% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
20.67% |
18.07% |
21.34% |
19.39% |
20.70% |
20.28% |
23.02% |
18.51% |
19.11% |
24.28% |
Return on Invested Capital (ROIC) |
|
7.55% |
6.53% |
10.42% |
10.57% |
9.25% |
8.98% |
9.29% |
10.13% |
8.92% |
9.27% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
7.59% |
6.63% |
10.46% |
10.54% |
9.25% |
8.98% |
9.29% |
10.25% |
8.92% |
9.15% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.15% |
1.66% |
2.17% |
2.58% |
2.29% |
2.11% |
1.77% |
2.12% |
1.82% |
1.65% |
Return on Equity (ROE) |
|
9.70% |
8.19% |
12.59% |
13.15% |
11.54% |
11.09% |
11.06% |
12.24% |
10.74% |
10.93% |
Cash Return on Invested Capital (CROIC) |
|
2.55% |
2.08% |
3.06% |
-0.87% |
2.84% |
3.93% |
0.19% |
5.00% |
-0.38% |
1.96% |
Operating Return on Assets (OROA) |
|
1.09% |
0.90% |
1.46% |
1.50% |
1.39% |
1.33% |
1.44% |
1.55% |
1.44% |
1.58% |
Return on Assets (ROA) |
|
0.87% |
0.74% |
1.15% |
1.21% |
1.10% |
1.06% |
1.11% |
1.27% |
1.17% |
1.19% |
Return on Common Equity (ROCE) |
|
9.39% |
7.98% |
12.28% |
12.85% |
11.30% |
10.88% |
10.87% |
12.03% |
10.57% |
10.84% |
Return on Equity Simple (ROE_SIMPLE) |
|
8.53% |
0.00% |
9.82% |
11.20% |
11.46% |
0.00% |
10.92% |
10.61% |
10.50% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
9.57 |
8.61 |
14 |
14 |
12 |
11 |
12 |
14 |
13 |
13 |
NOPAT Margin |
|
18.43% |
16.13% |
23.51% |
23.63% |
20.54% |
20.30% |
20.95% |
23.85% |
21.13% |
21.99% |
Net Nonoperating Expense Percent (NNEP) |
|
-0.04% |
-0.10% |
-0.04% |
0.03% |
0.00% |
0.00% |
0.00% |
-0.12% |
0.00% |
0.13% |
SG&A Expenses to Revenue |
|
56.09% |
54.85% |
52.08% |
50.34% |
53.53% |
54.89% |
55.62% |
53.34% |
55.08% |
55.13% |
Operating Expenses to Revenue |
|
72.62% |
73.54% |
64.78% |
67.03% |
69.82% |
70.94% |
71.16% |
68.69% |
71.87% |
69.80% |
Earnings before Interest and Taxes (EBIT) |
|
12 |
11 |
17 |
18 |
15 |
14 |
15 |
17 |
16 |
17 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
16 |
14 |
20 |
21 |
18 |
17 |
18 |
20 |
19 |
20 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.35 |
1.34 |
1.19 |
1.23 |
1.17 |
1.09 |
1.04 |
1.05 |
1.25 |
1.25 |
Price to Tangible Book Value (P/TBV) |
|
1.80 |
1.77 |
1.55 |
1.59 |
1.51 |
1.39 |
1.31 |
1.31 |
1.56 |
1.53 |
Price to Revenue (P/Rev) |
|
2.57 |
2.59 |
2.26 |
2.27 |
2.16 |
2.09 |
2.03 |
2.12 |
2.58 |
2.63 |
Price to Earnings (P/E) |
|
16.69 |
15.48 |
11.93 |
10.72 |
9.79 |
9.23 |
9.12 |
9.41 |
11.58 |
11.66 |
Dividend Yield |
|
2.19% |
2.16% |
2.40% |
2.35% |
2.52% |
2.67% |
2.87% |
2.88% |
2.41% |
2.42% |
Earnings Yield |
|
5.99% |
6.46% |
8.38% |
9.33% |
10.21% |
10.84% |
10.97% |
10.62% |
8.64% |
8.58% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.10 |
0.07 |
0.37 |
0.48 |
0.82 |
0.50 |
0.47 |
0.40 |
0.61 |
0.53 |
Enterprise Value to Revenue (EV/Rev) |
|
0.25 |
0.19 |
0.86 |
1.12 |
1.88 |
1.15 |
1.10 |
0.97 |
1.51 |
1.31 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.87 |
0.66 |
2.88 |
3.56 |
5.90 |
3.49 |
3.41 |
2.99 |
4.70 |
3.96 |
Enterprise Value to EBIT (EV/EBIT) |
|
1.24 |
0.92 |
3.70 |
4.35 |
7.12 |
4.17 |
4.08 |
3.58 |
5.60 |
4.68 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
1.55 |
1.13 |
4.62 |
5.43 |
8.90 |
5.23 |
5.16 |
4.51 |
7.02 |
5.95 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.45 |
0.41 |
1.97 |
5.18 |
6.28 |
4.86 |
5.18 |
3.17 |
6.16 |
4.83 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
4.04 |
3.65 |
12.42 |
0.00 |
29.71 |
12.99 |
253.62 |
8.21 |
0.00 |
28.12 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.28 |
0.28 |
0.19 |
0.25 |
0.22 |
0.20 |
0.19 |
0.17 |
0.19 |
0.17 |
Long-Term Debt to Equity |
|
0.14 |
0.13 |
0.13 |
0.13 |
0.12 |
0.12 |
0.12 |
0.12 |
0.11 |
0.11 |
Financial Leverage |
|
0.28 |
0.25 |
0.21 |
0.25 |
0.25 |
0.24 |
0.19 |
0.21 |
0.20 |
0.18 |
Leverage Ratio |
|
11.23 |
11.10 |
10.96 |
10.89 |
10.46 |
10.45 |
9.99 |
9.70 |
9.18 |
9.15 |
Compound Leverage Factor |
|
11.23 |
11.10 |
10.96 |
10.89 |
10.46 |
10.45 |
9.99 |
9.70 |
9.18 |
9.15 |
Debt to Total Capital |
|
21.64% |
21.77% |
16.26% |
19.80% |
18.18% |
16.50% |
15.75% |
14.56% |
15.84% |
14.20% |
Short-Term Debt to Total Capital |
|
10.70% |
11.22% |
5.41% |
9.65% |
7.98% |
6.59% |
5.91% |
4.71% |
6.49% |
4.90% |
Long-Term Debt to Total Capital |
|
10.94% |
10.55% |
10.84% |
10.15% |
10.20% |
9.92% |
9.84% |
9.85% |
9.35% |
9.30% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
2.00% |
1.73% |
1.77% |
1.67% |
1.46% |
1.38% |
1.22% |
1.18% |
1.19% |
0.00% |
Common Equity to Total Capital |
|
76.37% |
76.50% |
81.97% |
78.53% |
80.36% |
82.12% |
83.03% |
84.26% |
82.98% |
85.80% |
Debt to EBITDA |
|
1.86 |
1.95 |
1.26 |
1.48 |
1.31 |
1.16 |
1.15 |
1.08 |
1.22 |
1.06 |
Net Debt to EBITDA |
|
-8.18 |
-8.66 |
-4.87 |
-3.77 |
-1.00 |
-2.93 |
-2.96 |
-3.65 |
-3.41 |
-3.99 |
Long-Term Debt to EBITDA |
|
0.94 |
0.94 |
0.84 |
0.76 |
0.74 |
0.70 |
0.72 |
0.73 |
0.72 |
0.69 |
Debt to NOPAT |
|
3.32 |
3.31 |
2.03 |
2.26 |
1.98 |
1.74 |
1.74 |
1.63 |
1.82 |
1.59 |
Net Debt to NOPAT |
|
-14.61 |
-14.74 |
-7.81 |
-5.75 |
-1.51 |
-4.40 |
-4.49 |
-5.50 |
-5.09 |
-6.00 |
Long-Term Debt to NOPAT |
|
1.68 |
1.60 |
1.35 |
1.16 |
1.11 |
1.05 |
1.09 |
1.10 |
1.08 |
1.04 |
Noncontrolling Interest Sharing Ratio |
|
3.22% |
2.59% |
2.42% |
2.35% |
2.14% |
1.92% |
1.77% |
1.71% |
1.58% |
0.79% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-10 |
-14 |
-11 |
-36 |
-22 |
-19 |
-36 |
-7.96 |
-39 |
-28 |
Operating Cash Flow to CapEx |
|
824.02% |
771.59% |
1,093.80% |
215.27% |
1,575.44% |
289.23% |
654.76% |
1,271.65% |
568.18% |
500.40% |
Free Cash Flow to Firm to Interest Expense |
|
-4.92 |
-4.60 |
-3.14 |
-7.15 |
-3.42 |
-2.70 |
-4.27 |
-0.84 |
-4.32 |
-3.19 |
Operating Cash Flow to Interest Expense |
|
2.80 |
5.71 |
5.85 |
0.83 |
3.91 |
0.65 |
1.73 |
2.63 |
1.40 |
1.30 |
Operating Cash Flow Less CapEx to Interest Expense |
|
2.46 |
4.97 |
5.32 |
0.45 |
3.67 |
0.43 |
1.47 |
2.42 |
1.15 |
1.04 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.06 |
0.05 |
Fixed Asset Turnover |
|
2.36 |
2.42 |
2.58 |
2.71 |
2.79 |
2.82 |
2.80 |
2.79 |
2.83 |
2.88 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
489 |
506 |
492 |
525 |
522 |
537 |
540 |
547 |
574 |
577 |
Invested Capital Turnover |
|
0.41 |
0.40 |
0.44 |
0.45 |
0.45 |
0.44 |
0.44 |
0.42 |
0.42 |
0.42 |
Increase / (Decrease) in Invested Capital |
|
20 |
23 |
25 |
50 |
34 |
30 |
48 |
22 |
52 |
41 |
Enterprise Value (EV) |
|
49 |
38 |
182 |
250 |
427 |
266 |
253 |
220 |
350 |
307 |
Market Capitalization |
|
504 |
519 |
481 |
506 |
492 |
482 |
466 |
482 |
598 |
617 |
Book Value per Share |
|
$22.00 |
$22.83 |
$23.70 |
$24.23 |
$24.70 |
$25.98 |
$26.46 |
$27.21 |
$28.13 |
$29.23 |
Tangible Book Value per Share |
|
$16.51 |
$17.34 |
$18.23 |
$18.76 |
$19.23 |
$20.50 |
$20.98 |
$21.73 |
$22.65 |
$23.76 |
Total Capital |
|
489 |
506 |
492 |
525 |
522 |
537 |
540 |
547 |
574 |
577 |
Total Debt |
|
106 |
110 |
80 |
104 |
95 |
89 |
85 |
80 |
91 |
82 |
Total Long-Term Debt |
|
53 |
53 |
53 |
53 |
53 |
53 |
53 |
54 |
54 |
54 |
Net Debt |
|
-465 |
-490 |
-308 |
-265 |
-73 |
-224 |
-220 |
-268 |
-254 |
-310 |
Capital Expenditures (CapEx) |
|
0.69 |
2.31 |
1.89 |
1.97 |
1.61 |
1.59 |
2.24 |
1.96 |
2.24 |
2.25 |
Net Nonoperating Expense (NNE) |
|
-0.04 |
-0.10 |
-0.04 |
0.03 |
0.00 |
0.00 |
0.00 |
-0.11 |
0.00 |
0.11 |
Net Nonoperating Obligations (NNO) |
|
106 |
110 |
80 |
104 |
95 |
89 |
85 |
80 |
91 |
82 |
Total Depreciation and Amortization (D&A) |
|
3.49 |
3.10 |
3.08 |
3.05 |
3.13 |
3.04 |
3.06 |
2.92 |
3.08 |
2.98 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.67 |
$0.56 |
$0.00 |
$0.00 |
$0.75 |
$0.69 |
$0.74 |
$0.84 |
$0.77 |
$0.77 |
Adjusted Weighted Average Basic Shares Outstanding |
|
16.96M |
16.95M |
0.00 |
0.00 |
16.99M |
16.99M |
16.95M |
16.93M |
16.94M |
16.94M |
Adjusted Diluted Earnings per Share |
|
$0.67 |
$0.56 |
$0.00 |
$0.00 |
$0.74 |
$0.70 |
$0.74 |
$0.83 |
$0.77 |
$0.78 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
17.00M |
16.99M |
0.00 |
0.00 |
17.03M |
17.02M |
16.97M |
16.96M |
16.98M |
16.97M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
16.96M |
17.02M |
0.00 |
0.00 |
16.96M |
16.94M |
16.94M |
16.94M |
16.94M |
17.05M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
9.57 |
8.61 |
14 |
14 |
12 |
11 |
12 |
14 |
13 |
13 |
Normalized NOPAT Margin |
|
18.43% |
16.13% |
23.51% |
23.63% |
20.54% |
20.30% |
20.95% |
23.85% |
21.13% |
21.99% |
Pre Tax Income Margin |
|
23.23% |
19.69% |
29.89% |
29.32% |
25.91% |
25.47% |
27.21% |
29.27% |
26.12% |
29.03% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
5.92 |
3.37 |
4.93 |
3.48 |
2.24 |
2.05 |
1.81 |
1.81 |
1.71 |
2.01 |
NOPAT to Interest Expense |
|
4.70 |
2.76 |
3.88 |
2.80 |
1.78 |
1.63 |
1.40 |
1.48 |
1.38 |
1.52 |
EBIT Less CapEx to Interest Expense |
|
5.58 |
2.63 |
4.40 |
3.09 |
1.99 |
1.82 |
1.55 |
1.61 |
1.46 |
1.75 |
NOPAT Less CapEx to Interest Expense |
|
4.36 |
2.02 |
3.34 |
2.42 |
1.53 |
1.40 |
1.13 |
1.27 |
1.14 |
1.26 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
34.58% |
33.49% |
29.15% |
25.73% |
25.78% |
25.39% |
27.37% |
28.41% |
28.77% |
28.86% |
Augmented Payout Ratio |
|
34.58% |
33.49% |
31.22% |
30.11% |
32.27% |
32.69% |
38.04% |
36.62% |
34.61% |
33.37% |
Key Financial Trends
Capital City Bank Group (NASDAQ: CCBG) has demonstrated steady financial performance over the past two years through the fourth quarter of 2024. Here is an analysis of notable trends and highlights based on its recent income statements, cash flow statements, and balance sheets.
- Consistent Growth in Net Interest Income: Net interest income increased gradually from approximately $38.1 million in Q4 2022 to $41.1 million in Q4 2024, showing a healthy core banking income growth.
- Increasing Non-Interest Income: Other service charges and non-interest income were solid with $36.6 million in Q4 2024, indicating diversification of revenue beyond just interest income.
- Rising Net Income: Consolidated net income attributable to common shareholders grew from about $9.7 million in Q4 2022 to $13.0 million in Q4 2024, reflecting improved profitability.
- Stable Earnings Per Share (EPS): Diluted EPS has seen an upward trend, rising from $0.56 in Q4 2022 to $0.78 in Q4 2024, signaling enhanced shareholder value generation.
- Strong Operating Cash Flow: Net cash from continuing operating activities consistently remained positive, with $11.2 million in Q4 2024, ensuring liquidity and operational health.
- Deposit Growth: Net change in deposits shows a marked increase in Q4 2024 with a $92.9 million inflow, supporting funding stability.
- Moderate Increase in Interest Expense: Total interest expense rose modestly from about $3.1 million in Q4 2022 to $8.6 million in Q4 2024, likely due to rising interest rates or increased borrowing, but offset by higher interest income.
- Provision for Credit Losses Volatility: Provision expenses fluctuated, reaching $2.0 million in Q4 2023 and $0.7 million in Q4 2024, indicating some variability in credit risk management.
- Capital Levels Remain Strong: Total common equity increased steadily from approximately $373 million in Q3 2022 to $476 million in Q3 2024, maintaining a solid capital base for growth and risk absorption.
- Increased Non-Interest Expenses: Salaries, employee benefits, and other operating expenses have generally increased, which may pressure margins if revenue growth slows. For example, total non-interest expense was $39.3 million in Q4 2022 and increased to $41.7 million in Q4 2024.
Overall, Capital City Bank Group exhibits positive trends in profitability, revenue diversification, and balance sheet strength. Although credit provisions and operating expenses have seen some increase, the company's net income growth and cash flow generation remain robust, supporting its financial stability and potential for continued expansion.
09/05/25 12:55 AM ETAI Generated. May Contain Errors.