Capital City Bank Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 23, 2024 at 12:00 pm
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Capital City Bank Group, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 39.17 million compared to USD 38.1 million a year ago. Net income was USD 11.72 million compared to USD 9.61 million a year ago. Basic earnings per share from continuing operations was USD 0.69 compared to USD 0.56 a year ago.
For the full year, net interest income was USD 158.99 million compared to USD 125.02 million a year ago. Net income was USD 52.26 million compared to USD 33.41 million a year ago. Basic earnings per share from continuing operations was USD 3.08 compared to USD 1.97 a year ago. Diluted earnings per share from continuing operations was USD 3.07 compared to USD 1.97 a year ago.
Capital City Bank Group, Inc. is a financial holding company. The Company provides a full range of banking and banking-related services to individual and corporate clients through its wholly owned subsidiary, Capital City Bank (the Bank). The Company provides two principal services include Banking Services and Wealth Management Services. It provides a full range of banking services, including traditional deposit and credit services, mortgage banking, asset management, trust, merchant services, bankcards, securities brokerage services and financial advisory services, including the sale of life insurance, risk management and asset protection services. The Company offers its customers access to retail investment products through LPL Financial under, which retail investment products would be offered through LPL. The Bank has approximately 63 banking offices and 103 automated teller machines ATMs/ interactive teller machines (ITMs) in Florida, Georgia, and Alabama.