Capital City Bank Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 24, 2023 at 07:00 am EDT
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Capital City Bank Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 39.15 million compared to USD 33.33 million a year ago. Net income was USD 13.2 million compared to USD 11.32 million a year ago. Basic earnings per share from continuing operations was USD 0.78 compared to USD 0.67 a year ago. Diluted earnings per share from continuing operations was USD 0.78 compared to USD 0.67 a year ago.
For the nine months, net interest income was USD 119.54 million compared to USD 86.36 million a year ago. Net income was USD 42.71 million compared to USD 28.48 million a year ago. Basic earnings per share from continuing operations was USD 2.52 compared to USD 1.68 a year ago. Diluted earnings per share from continuing operations was USD 2.51 compared to USD 1.68 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.