Capital City Bank Group
Market Cap
US$493.3m
Last Updated
2019/11/18 23:33 UTC
Data Sources
Company Financials +
Executive Summary
Capital City Bank Group, Inc. operates as the bank holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients in Florida, Georgia, and Alabama.
Snowflake
Fundamentals
Flawless balance sheet with solid 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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.0%
CCBG
-0.4%
US Banks
0.9%
US Market
1 Year Return
17.8%
CCBG
9.2%
US Banks
15.5%
US Market
Return vs Industry: CCBG exceeded the US Banks industry which returned 9.2% over the past year.
Return vs Market: CCBG exceeded the US Market which returned 15.5% over the past year.
Shareholder returns
| CCBG | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -0.4% | 0.9% |
| 30 Day | 8.9% | 6.7% | 4.7% |
| 90 Day | 21.4% | 17.4% | 6.6% |
| 1 Year | 19.9%17.8% | 12.4%9.2% | 18.1%15.5% |
| 3 Year | 69.0%62.2% | 39.2%29.5% | 48.0%38.5% |
| 5 Year | 112.6%100.2% | 71.5%52.5% | 62.1%44.2% |
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
1 day ago | Simply Wall St
Should You Be Tempted To Sell Capital City Bank Group, Inc. (NASDAQ:CCBG) Because Of Its P/E Ratio?2 weeks ago | Simply Wall St
Is Capital City Bank Group, Inc. (NASDAQ:CCBG) An Attractive Dividend Stock?1 month ago | Simply Wall St
Should You Be Worried About Insider Transactions At Capital City Bank Group, Inc. (NASDAQ:CCBG)?Valuation
Is Capital City Bank Group undervalued compared to its fair value and its price relative to the market?
3.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CCBG ($29.45) is trading below our estimate of fair value ($30.37)
Significantly Below Fair Value: CCBG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CCBG is poor value based on its PE Ratio (16.1x) compared to the Banks industry average (12.6x).
PE vs Market: CCBG is good value based on its PE Ratio (16.1x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: CCBG is poor value based on its PEG Ratio (9.3x)
Price to Book Ratio
PB vs Industry: CCBG is overvalued based on its PB Ratio (1.5x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is Capital City Bank Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
1.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCBG's forecast earnings growth (1.7% per year) is below the savings rate (2.7%).
Earnings vs Market: CCBG's earnings (1.7% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: CCBG's earnings are forecast to grow, but not significantly.
Revenue vs Market: CCBG's revenue (3.3% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: CCBG's revenue (3.3% per year) is forecast to grow slower than 20% 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 (9.1%).
Next Steps
Past Performance
How has Capital City Bank Group performed over the past 5 years?
27.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCBG has high quality earnings.
Growing Profit Margin: CCBG's current net profit margins (20%) are higher than last year (12.9%).
Past Earnings Growth Analysis
Earnings Trend: CCBG's earnings have grown significantly by 27.9% per year over the past 5 years.
Accelerating Growth: CCBG's earnings growth over the past year (72.8%) exceeds its 5-year average (27.9% per year).
Earnings vs Industry: CCBG earnings growth over the past year (72.8%) exceeded the Banks industry 27.5%.
Return on Equity
High ROE: CCBG's Return on Equity (9.5%) is considered low.
Return on Assets
Return on Capital Employed
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
Inventory Level: CCBG has a low level of unsold assets or inventory.
Debt Coverage by Assets: CCBG's debt is covered by short term assets (assets are 3.6x debt).
Financial Institutions Analysis
Asset Level: CCBG's level of assets compared to its equity is low.
Allowance for Bad Loans: CCBG has a sufficient allowance for bad loans.
Low Risk Liabilities: CCBG's liabilities are made up of primarily low risk sources of funding.
Loan Level: CCBG has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CCBG's loans are broadly funded by customer deposits.
Level of Bad Loans: CCBG has an appropriate level of bad loans (0.27%)
Next Steps
Dividend
What is Capital City Bank Group's current dividend yield, its reliability and sustainability?
1.76%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CCBG's dividend (1.76%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: CCBG's dividend (1.76%) is low compared to the top 25% of dividend payers in the US market (3.65%).
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 low payout ratio (24.1%), 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 (32% payout ratio).
Next Steps
Management
What is the CEO of Capital City Bank Group's salary, the management and board of directors tenure and is there insider trading?
24.8yrs
Average management tenure
CEO
Bill Smith (66yo)
24.8yrs
Tenure
US$939,744
Compensation
Mr. William Godfrey Smith, Jr., also known as Bill, has been the Chairman, Chief Executive Officer and President of Capital City Bank Group, Inc. since 1985 and also serves as Chairman and Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD939.74K) is below average for companies of similar size in the US market ($USD1.73M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
Management Age and Tenure
24.8yrs
Average Tenure
65.5yo
Average Age
Experienced Management: CCBG's management team is seasoned and experienced (24.8 years average tenure).
Board Age and Tenure
9.0yrs
Average Tenure
64.5yo
Average Age
Experienced Board: CCBG's board of directors are considered experienced (9 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Treasurer & Director |
| Shares | 5,000 |
| Max Price | US$23.53 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 832 |
| Max Price | US$22.75 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,500 |
| Max Price | US$24.97 |
| Entity | Individual |
| Shares | 2,500 |
| Max Price | US$24.30 |
| Entity | Company |
| Shares | 324,441 |
| Max Price | US$24.75 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Bill Smith (66yo)
Chairman
- Tenure: 24.8yrs
- Compensation: US$939.74k
Kim Davis (65yo)
Executive VP
- Tenure: 32.8yrs
- Compensation: US$563.20k
Tom Barron (66yo)
Treasurer & Director
- Tenure: 37.8yrs
- Compensation: US$1.26m
Don James (59yo)
President of Northwest Alachua County
- Tenure: 14.5yrs
Beth Corum
Chief People Officer & Executive VP
- Tenure: 0yrs
Jep Larkin
Senior VP & Controller
- Tenure: 0yrs
Board Members
Bill Smith (66yo)
Chairman
- Tenure: 24.8yrs
- Compensation: US$939.74k
Tom Barron (66yo)
Treasurer & Director
- Tenure: 37.8yrs
- Compensation: US$1.26m
Cader Cox (69yo)
Independent Director
- Tenure: 25.8yrs
- Compensation: US$72.01k
John Sample (62yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$73.01k
J. Drew (63yo)
Lead Director
- Tenure: 11.5yrs
- Compensation: US$81.01k
Rick Carroll (68yo)
Independent Director
- Tenure: 16.3yrs
- Compensation: US$72.01k
Allan Bense (67yo)
Independent Director
- Tenure: 6.6yrs
- Compensation: US$73.01k
Stan Connally (50yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$72.01k
William Grant (43yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$71.01k
Laura Johnson (56yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$68.01k
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$493.254m
- Shares outstanding: 16.75m
- 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 bank holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients in Florida, Georgi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/18 23:33 |
| End of Day Share Price | 2019/11/18 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.