NASDAQ$CCBG
Capital City Bank Group Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Net income and tangible book value increased, driven by stable margin and credit quality, loan growth, and expected deposit balances.
Capital City Bank Group reported a solid second quarter with net income attributable to common shareowners of $14.6 million, or $0.85 per diluted share. The bank experienced loan growth and stable credit quality, though deposit balances declined slightly.
- Tax-equivalent net interest income totaled $40.1 million, with net interest margin increasing to 4.05%.
- Loan balances grew by $75.3 million on average and $30.1 million at the end of the period.
- Deposit balances declined by $89.2 million on average and $16.9 million at the end of the period.
- Noninterest income increased by $0.7 million due to higher wealth management, deposit, and bankcard fees.
Headline financials
Revenue & EPS history
Capital City Bank · Revenue · Quarterly
$62.9M
Revenue by segment
Capital City Bank · $17M total across 4 segments · Q2 2023
- Deposit Fees$5.33M-2.2%31.3%
- Wealth Management Fees$4.15M-5.8%24.4%
- Bank Card Fees$3.8M-5.9%22.3%
- Other Noninterest Income$3.77M+92.7%22.1%
Forward guidance
Capital City Bank Group anticipates that funding pressures will continue for the industry into the second half of the year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.4%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+2.3%
Avg return
30 days after
58%
38 / 65 earnings
Positive
+8.8%
Q4 2023
Best reaction
-10.8%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.1% | -1.5% | -0.8% | |
| Q4 2025 | -5.0% | -6.5% | -2.8% | |
| Q3 2025 | -1.8% | +0.9% | -2.4% | |
| Q2 2025 | -1.5% | -2.9% | +3.9% | |
| Q1 2025 | +3.7% | +5.7% | +11.5% | |
| Q4 2024 | -0.8% | -0.5% | -2.2% | |
| Q3 2024 | +2.9% | +0.3% | +12.0% | |
| Q2 2024 | +4.0% | +9.1% | -0.4% | |
| Q1 2024 | +0.3% | -0.3% | +2.3% | |
| Q4 2023 | +8.8% | +10.3% | -1.2% | |
| Q3 2023 | -8.3% | -4.9% | -7.7% | |
| Q2 2023 | -0.5% | -4.3% | -9.3% | |
| Q1 2023 | +4.1% | +7.4% | +5.2% | |
| Q4 2022 | -1.2% | -0.1% | +6.7% | |
| Q3 2022 | +2.1% | +3.3% | +4.4% | |
| Q2 2022 | +2.3% | +1.2% | +5.3% | |
| Q1 2022 | +4.0% | +3.1% | +6.8% | |
| Q4 2021 | +0.3% | +0.7% | -0.3% | |
| Q3 2021 | -0.8% | -0.4% | +6.7% | |
| Q2 2021 | +1.0% | +1.8% | -5.2% | |
| Q1 2021 | -0.7% | -0.8% | +3.4% | |
| Q4 2020 | -10.8% | -7.8% | +5.1% | |
| Q3 2020 | -0.6% | -1.2% | +14.1% | |
| Q2 2020 | +2.9% | +6.9% | +7.7% | |
| Q1 2020 | +6.3% | +21.1% | +6.2% | |
| Q4 2019 | +0.6% | +4.6% | -6.0% | |
| Q3 2019 | +1.4% | +2.0% | +2.3% | |
| Q2 2019 | +5.1% | +3.9% | +0.0% | |
| Q1 2019 | -3.2% | -2.8% | +0.1% | |
| Q4 2018 | +0.6% | +0.4% | +3.3% | |
| Q3 2018 | +0.8% | +4.3% | +10.7% | |
| Q2 2018 | -3.0% | -5.9% | -2.3% | |
| Q1 2018 | -3.8% | -5.2% | -7.6% | |
| Q4 2017 | -0.8% | -0.2% | +1.5% | |
| Q3 2017 | -0.9% | +5.4% | -1.6% | |
| Q2 2017 | +6.8% | +7.0% | +2.6% | |
| Q1 2017 | +0.5% | -1.3% | -10.2% | |
| Q4 2016 | +6.4% | +6.2% | +10.3% | |
| Q3 2016 | -1.0% | -2.5% | +25.8% | |
| Q2 2016 | -2.5% | -2.3% | -5.3% | |
| Q1 2016 | +2.8% | — | — | |
| Q4 2015 | +3.0% | — | — | |
| Q3 2015 | -1.4% | — | — | |
| Q2 2015 | +2.5% | — | — | |
| Q1 2015 | -4.8% | — | — | |
| Q4 2014 | -0.6% | — | — | |
| Q3 2014 | +5.1% | — | — | |
| Q2 2014 | +0.4% | — | — | |
| Q1 2014 | +0.8% | — | — | |
| Q4 2013 | +4.7% | — | — | |
| Q3 2013 | +0.3% | — | — | |
| Q2 2013 | +0.1% | — | — | |
| Q1 2013 | +1.0% | — | — | |
| Q4 2012 | -3.4% | — | — | |
| Q3 2012 | +0.5% | — | — | |
| Q2 2012 | -1.0% | — | — | |
| Q1 2011 | -7.3% | — | — | |
| Q1 2012 | +3.2% | — | — | |
| Q4 2009 | +0.8% | — | — | |
| Q4 2010 | +0.8% | — | — | |
| Q3 2010 | -3.3% | — | — | |
| Q3 2011 | -3.3% | — | — | |
| Q2 2011 | +3.5% | — | — | |
| Q2 2010 | +3.5% | — | — | |
| Q1 2010 | -0.2% | — | — |
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