earnings
confidence high
sentiment neutral
materiality 0.55
CCBG Q2 net income $14.2M ($0.83 EPS), flat YoY, up from Q1
CAPITAL CITY BANK GROUP INC
2024-Q2 EPS reported
$1.57
- Net income $14.2M (diluted EPS $0.83) vs Q1 $12.6M ($0.74) and Q2 2023 $14.2M ($0.83).
- Tax-equivalent net interest income $39.3M; net interest margin 4.02%, up 1 bp from Q1.
- Noninterest income $19.6M, up $1.5M from Q1, driven by higher mortgage banking revenues.
- Tangible book value per diluted share up $0.72 (3.4%); effective tax rate 18.5% due to solar credit fund.