Capital City Bank: 4Q Earnings Snapshot
TALLAHASSEE, Fla. (AP) _ Capital City Bank Group (CCBG) on Tuesday reported net income of $8.5 million in its fourth quarter.
The Tallahassee, Florida-based bank said it had earnings of 50 cents per share. Earnings, adjusted for non-recurring gains, were 41 cents per share.
The bank holding company posted revenue of $39.6 million in the period. Its revenue net of interest expense was $37.6 million, which beat Street forecasts.
For the year, the company reported profit of $26.2 million, or $1.54 per share. Revenue was reported as $144.1 million.
Capital City Bank shares have risen 3 percent since the beginning of the year. The stock has climbed 2 percent in the last 12 months.