Capital City Bank GroupCCBG
CCBG
About: Capital City Bank Group Inc is a United States-based group engaged in Banking services, Trust and asset management services, and Brokerage services. The company offers retail and commercial banking business in the form of traditional deposit and credit services, asset management, trust, mortgage banking, merchant services, bank cards, data processing, and securities brokerage services among others through its banking offices in Florida, Georgia, and Alabama.
Employees: 796
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
42% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 26
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
29% more capital invested
Capital invested by funds: $217M [Q2] → $279M (+$62.5M) [Q3]
5% more funds holding
Funds holding: 96 [Q2] → 101 (+5) [Q3]
1.7% more ownership
Funds ownership: 44.99% [Q2] → 46.69% (+1.7%) [Q3]
71% less call options, than puts
Call options by funds: $4K | Put options by funds: $14K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$43
17%
upside
Avg. target
$43
17%
upside
High target
$43
17%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Wood Lay 67% 1-year accuracy 34 / 51 met price target | 17%upside $43 | Outperform Maintained | 4 Dec 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
4 weeks ago
Capital City Bank Group, Inc. Announces Cash Dividend
TALLAHASSEE, Fla., Nov. 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $0.23 per share. The dividend produces an annualized rate of $0.92 per common share and is payable on December 23, 2024 to shareowners of record as of December 9, 2024. The annualized dividend yield is 2.40% based on a closing stock price of $38.35 on November 20, 2024.
Positive
Seeking Alpha
1 month ago
Capital City Bank Group: The Tangible Book Value Increases Fast
Capital City Bank Group's Q3 results show stable net interest income and reduced loan loss provisions, leading to a net profit of $12.6M. The bank's balance sheet is strong with $4.2B in assets and a well-managed $2.68B loan book, primarily in residential real estate. Capital ratios are robust, with a CET1 ratio of 13.99%, supporting the bank's financial stability and future loan growth.
Neutral
GlobeNewsWire
2 months ago
Capital City Bank Names Matthew Henderson Chief Information Security Officer
TALLAHASSEE, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Capital City Bank today announced the promotion of Matthew Henderson to chief information security officer, effective October 1, 2024. He will succeed LeAnne Staalenburg McCorvey, who will retire on December 31, 2024. In this role, Henderson will lead the Corporate Security & Risk Department, overseeing both the information and physical security teams. His responsibilities include developing, overseeing, monitoring, managing and reporting on the security program in accordance with policy.
Positive
Seeking Alpha
3 months ago
12 Upcoming Dividend Increases
As fall approaches, twelve smaller financial institutions are set to increase dividends, averaging a 7.6% increase. My investment strategy focuses on companies with consistent dividend growth and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ. SCHD outperformed most companies with a 197% total return over the past decade, with BR and CSWC showing notable performance.
Positive
Zacks Investment Research
3 months ago
Is Capital City Bank Stock Worth Watching Post 9.5% Dividend Hike?
CCBG increases its quarterly cash dividend to 23 cents, marking an increase of 9.5%. Given the solid balance sheet position, this seems sustainable.
Neutral
GlobeNewsWire
3 months ago
Capital City Bank Group, Inc. Increases Cash Dividend
TALLAHASSEE, Fla., Aug. 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $0.23 per share. It represents a 9.5% increase over the prior quarter dividend of $0.21 per share. The dividend produces an annualized rate of $0.92 per common share and is payable on September 23, 2024 to shareowners of record as of September 9, 2024. The annualized dividend yield is 2.67% based on a closing stock price of $34. 40 on August 28, 2024.
Negative
Seeking Alpha
3 months ago
Capital City Bank: Premium Regional Bank Trading At Depressed Valuation
Capital City Bank Group is a regional bank with 63 banking offices across Florida, Georgia, and Alabama. The bank has a strong deposit base with low costs of funds and a focus on sticky rural markets. Management has a history of strong capital allocation, with potential for acquisitions and growth in the future.
Neutral
GlobeNewsWire
4 months ago
Capital City Bank Names Lynne Jensen As Chief Technology Officer
TALLAHASSEE, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Capital City Bank is proud to announce Lynne Jensen has been promoted to Chief Technology Officer.
Positive
Zacks Investment Research
4 months ago
Best Income Stocks to Buy for August 5th
CCBG, CHRW and MCY made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 5, 2024.
Positive
Zacks Investment Research
4 months ago
Best Value Stocks to Buy for August 5th
MHO, KGC and CCBG made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 5, 2024.
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