Capital City Bank's Q2 net income falls versus Q1

Capital City Bank

22/07/2025 12:12

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/Miss
Actual
Consensus Estimate
Q2 EPS
$0.88
Q2 Net Income
$15.04 mln
Q2 Net Interest Income
$43.20 mln


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 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: ID:nGNX6YzC5z

(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.)