Capital City Bank Group up on higher Q1 profit

Capital City Bank

24/04/2023 15:33

** Shares of Capital City Bank Group Inc  CCBG.O  up 1.4% at
$28.75
    ** Co reports Q1 profit of $0.88/shr, compared with
$0.50/shr a year earlier
    ** Also posts Q1 NII of $40.5 mln vs $24.8 mln reported last
year
    ** Q1 provision for credit losses was $3.1 mln, down from
$3.5 mln in Q4 2022
    ** Up to last close, stock was down 11.5% YTD

 (Reporting by Anandita Mehrotra in Bengaluru)
 ((Anandita.Mehrotra@thomsonreuters.com))