Capital City Bank Group
Market Cap
US$427.4m
Last Updated
2021/01/19 00:35 UTC
Data Sources
Company Financials +
Executive Summary
Capital City Bank Group, Inc. operates as the financial holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 6% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has Capital City Bank Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CCBG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CCBG's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-2.5%
CCBG
-0.4%
US Banks
-0.4%
US Market
1 Year Return
-12.2%
CCBG
-7.3%
US Banks
19.5%
US Market
Return vs Industry: CCBG underperformed the US Banks industry which returned -7.3% over the past year.
Return vs Market: CCBG underperformed the US Market which returned 19.5% over the past year.
Shareholder returns
| CCBG | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.5% | -0.4% | -0.4% |
| 30 Day | 5.2% | 13.4% | 2.3% |
| 90 Day | 20.2% | 38.1% | 12.7% |
| 1 Year | -9.9%-12.2% | -3.8%-7.3% | 22.3%19.5% |
| 3 Year | 13.7%7.4% | 0.9%-7.7% | 44.4%34.8% |
| 5 Year | 110.6%94.5% | 93.5%69.0% | 128.7%103.3% |
Long-Term Price Volatility Vs. Market
How volatile is Capital City Bank Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
The Attractive Combination That Could Earn Capital City Bank Group, Inc. (NASDAQ:CCBG) A Place In Your Dividend Portfolio3 weeks ago | Simply Wall St
Do Institutions Own Capital City Bank Group, Inc. (NASDAQ:CCBG) Shares?1 month ago | Simply Wall St
Are Insiders Buying Capital City Bank Group, Inc. (NASDAQ:CCBG) Stock?Valuation
Is Capital City Bank Group undervalued compared to its fair value and its price relative to the market?
13.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CCBG ($25.5) is trading above our estimate of fair value ($21.47)
Significantly Below Fair Value: CCBG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CCBG is poor value based on its PE Ratio (13.2x) compared to the US Banks industry average (12.3x).
PE vs Market: CCBG is good value based on its PE Ratio (13.2x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: CCBG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CCBG is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1x).
Next Steps
Future Growth
How is Capital City Bank Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-6.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCBG's earnings are forecast to decline over the next 3 years (-6% per year).
Earnings vs Market: CCBG's earnings are forecast to decline over the next 3 years (-6% per year).
High Growth Earnings: CCBG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CCBG's revenue is expected to decline over the next 3 years (-1.6% per year).
High Growth Revenue: CCBG's revenue is forecast to decline over the next 3 years (-1.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CCBG's Return on Equity is forecast to be low in 3 years time (8.3%).
Next Steps
Past Performance
How has Capital City Bank Group performed over the past 5 years?
28.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCBG has high quality earnings.
Growing Profit Margin: CCBG's current net profit margins (17.1%) are lower than last year (20%).
Past Earnings Growth Analysis
Earnings Trend: CCBG's earnings have grown significantly by 28.9% per year over the past 5 years.
Accelerating Growth: CCBG's earnings growth over the past year (5.5%) is below its 5-year average (28.9% per year).
Earnings vs Industry: CCBG earnings growth over the past year (5.5%) exceeded the Banks industry -4.4%.
Return on Equity
High ROE: CCBG's Return on Equity (12.2%) is considered low.
Next Steps
Financial Health
How is Capital City Bank Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: CCBG's Assets to Equity ratio (10.6x) is moderate.
Allowance for Bad Loans: CCBG has a sufficient allowance for bad loans (420%).
Low Risk Liabilities: 93% of CCBG's liabilities are made up of primarily low risk sources of funding.
Loan Level: CCBG has an appropriate level of Loans to Assets ratio (55%).
Low Risk Deposits: CCBG's Loans to Deposits ratio (66%) is appropriate.
Level of Bad Loans: CCBG has an appropriate level of bad loans (0.3%).
Next Steps
Dividend
What is Capital City Bank Group current dividend yield, its reliability and sustainability?
2.35%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CCBG's dividend (2.35%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: CCBG's dividend (2.35%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: CCBG's dividend payments have been volatile in the past 10 years.
Growing Dividend: CCBG's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.5%), CCBG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CCBG's dividends in 3 years are forecast to be well covered by earnings (37% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
26.0yrs
Average management tenure
CEO
Bill Smith (67 yo)
26yrs
Tenure
US$1,957,084
Compensation
Mr. William Godfrey Smith, Jr., also known as Bill, has been the Chairman, Chief Executive Officer and President of Capital City Bank Group, Inc. since 1985 and also serves as Chairman and Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD1.96M) is about average for companies of similar size in the US market ($USD1.66M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 26yrs | US$1.96m | 17.28% $ 73.9m | |
| Executive VP | 34yrs | US$1.28m | 0.77% $ 3.3m | |
| Treasurer & Director | 39yrs | US$1.70m | 1.15% $ 4.9m | |
| Chief Operating Officer | no data | no data | no data | |
| Director of Compliance | no data | no data | no data | |
| Chief Brand Officer of Marketing | no data | no data | no data | |
| Chief Revenue Officer | no data | no data | no data | |
| Credit Administration | no data | no data | no data | |
| President of Northwest Alachua County | 15.67yrs | no data | no data | |
| Senior VP & Controller | no data | no data | no data |
26.0yrs
Average Tenure
66yo
Average Age
Experienced Management: CCBG's management team is seasoned and experienced (26 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 26yrs | US$1.96m | 17.28% $ 73.9m | |
| Treasurer & Director | 39yrs | US$1.70m | 1.15% $ 4.9m | |
| Independent Director | 2.58yrs | US$81.00k | 0.066% $ 281.6k | |
| Independent Director | 27yrs | US$70.00k | 0.31% $ 1.3m | |
| Independent Director | 5yrs | US$74.00k | 0.088% $ 378.1k | |
| Lead Independent Director | 12.67yrs | US$79.00k | 0.22% $ 928.5k | |
| Independent Director | 17.5yrs | US$72.00k | 0.26% $ 1.1m | |
| Independent Director | 7.75yrs | US$69.00k | 0.38% $ 1.6m | |
| Independent Director | 4yrs | US$73.00k | 0.077% $ 331.1k | |
| Independent Director | 4yrs | US$71.00k | 0.077% $ 331.1k | |
| Independent Director | 4yrs | US$66.00k | 0.099% $ 421.0k | |
| Independent Director | 1.5yrs | US$15.50k | 0.0065% $ 27.6k |
6.4yrs
Average Tenure
63.5yo
Average Age
Experienced Board: CCBG's board of directors are considered experienced (6.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Capital City Bank Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Capital City Bank Group, Inc.
- Ticker: CCBG
- Exchange: NasdaqGS
- Founded: 1895
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$427.417m
- Shares outstanding: 16.76m
- Website: https://www.ccbg.com
Number of Employees
Location
- Capital City Bank Group, Inc.
- 217 North Monroe Street
- Tallahassee
- Florida
- 32301
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CCBG | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jan 1991 |
Biography
Capital City Bank Group, Inc. operates as the financial holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients. The company ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 00:35 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.