Capital City Bank Group, Inc. (NASDAQ: CCBG) is a leading financial services company that provides a comprehensive range of banking services. It operates primarily in the southeastern United States, offering personal and commercial banking, wealth management, and mortgage services. CCBG competes with other regional banks, striving to deliver strong financial performance and shareholder value.

On April 21, 2025, CCBG reported impressive first-quarter earnings, with earnings per share (EPS) of $0.99, surpassing the estimated $0.75. This represents a 32% earnings surprise, as highlighted by Zacks. The EPS also marks a significant increase from the $0.74 reported in the same quarter last year, showcasing the company's growth trajectory.

In addition to strong earnings, CCBG reported revenues of $61.45 million, slightly exceeding the estimated $61.35 million. This revenue figure represents a 2.94% beat over the Zacks Consensus Estimate and an increase from the $56.45 million reported a year ago. The company has consistently outperformed consensus revenue estimates in the last four quarters.

CCBG's net income for the first quarter of 2025 was $16.9 million, or $0.99 per diluted share, up from $13.1 million, or $0.77 per share, in the previous quarter. The company's tax-equivalent net interest income rose to $41.6 million, with a net interest margin improvement of five basis points to 4.22%. This indicates efficient management of interest income and expenses.

The bank's credit quality metrics also improved, with net loan charge-offs at nine basis points of average loans and an allowance coverage ratio of 1.12% as of March 31, 2025. Noninterest income increased by $1.1 million, or 6.1%, further contributing to the company's robust financial performance. CCBG's low debt-to-equity ratio of 0.11 suggests a conservative approach to leveraging debt.