Overview

* Capital City Bank Q2 net income $15 mln, down from Q1 2025

* Net interest income rose to $43.2 mln, driven by higher securities income

* Tangible book value per share increased 3.2%, reflecting stronger capital position

Outlook

* Company expects annual effective tax rate to approximate 24% for 2025

Result Drivers

* NET INTEREST INCOME - Increase driven by higher investment securities income and reduced deposit interest expense

* NONINTEREST INCOME - Slight rise due to higher mortgage and deposit fees, offset by lower wealth management fees

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS $0.88

Q2 Net $15.04

Income mln

Q2 Net $43.20

Interest mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy"

* Wall Street's median 12-month price target for Capital City Bank Group Inc ( CCBG ) is $43.00, about 2.4% above its July 21 closing price of $41.95

* The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)