Capital City Bank Group (CCBG) Q3 2025 earnings summary

Executive summary

• Net income attributable to common shareowners was $16.0 million ($0.93 per diluted share) for Q3 2025, up from $15.0 million ($0.88) in Q2 2025 and $13.1 million ($0.77) in Q3 2024.

• For the first nine months of 2025, net income was $47.9 million ($2.80 per diluted share), up from $39.8 million ($2.35) in the same period of 2024.

• Celebrated 130 years of stable, resilient, and profitable operations, with a strong presence in Florida and Georgia.

• Recognized for a relationship banking model, community investment, and a culture of integrity and client service.

• Ranked among the best banks to work for and best-in-state banks by Forbes and American Banker.

Financial highlights

• Total assets reached $4.3 billion, with $2.6 billion in loans held for investment and $3.6 billion in total deposits as of 9/30/25.

• Tax-equivalent net interest income for Q3 2025 was $43.6 million, up from $43.2 million in Q2 2025 and $40.3 million in Q3 2024.

• Net interest margin increased to 4.34% in Q3 2025, up 22 basis points year-over-year.

• Noninterest income rose 11.6% sequentially to $22.3 million, driven by gains from the sale of an insurance subsidiary and higher mortgage and deposit fees.

• Tangible book value per share grew 17% year-over-year and averaged 11% annual growth over five years.

Outlook and guidance

• Management expects continued strong performance and momentum into year-end 2025 and into 2026.

• Positioned for growth in high-growth markets of Florida and Georgia, leveraging population and business migration trends.

• Strategic investments in technology to enhance client experience and operational efficiency.

• Focus on expanding wealth management and mortgage banking operations.

• Annual effective tax rate is expected to approximate 24% for 2025.