Capital City Bank Group (CCBG) Q4 2025 earnings summary

Executive summary

• 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.

• Leadership team with significant tenure and insider ownership, supporting long-term growth.

• 2025 marked a record year for earnings, with strong shareholder returns, a 14.3% increase in tangible book value per share, and a 13.6% dividend increase.

• Net income for Q4 2025 was $13.7 million ($0.80 per diluted share), down from $16.0 million in Q3 2025 but up from $13.1 million in Q4 2024; full-year 2025 net income was $61.6 million ($3.60 per diluted share), up from $52.9 million in 2024.

Financial highlights

• Total assets reached $4.4 billion, with $2.5 billion in loans held for investment and $3.7 billion in total deposits as of 12/31/25.

• Tangible book value per share increased 14.3% year-over-year to $27.03, with a five-year average annual growth of 15%.

• Diluted EPS up 16% year-over-year, with a five-year average annual growth of ~16%.

• Dividend per share increased 13.6% year-over-year, with a five-year average annual growth of 12%.

• Tax-equivalent net interest income for 2025 was $171.8 million, up from $159.2 million in 2024.

Outlook and guidance

• Positioned for growth in high-growth markets of Florida and Georgia, leveraging scalable platforms and local expertise.

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

• Management expects the annual effective tax rate to approximate 24% for 2026, barring discrete items or new tax credit investments.

• Leadership anticipates continued strong performance in 2026, building on core deposit growth, disciplined credit management, and healthy liquidity.