Compared to Estimates, Capital City Bank (CCBG) Q3 Earnings: A Look at Key Metrics
Capital City Bank (CCBG) reported $59.33 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 5.5%. EPS of $0.78 for the same period compares to $0.67 a year ago.
The reported revenue represents a surprise of -5.00% over the Zacks Consensus Estimate of $62.45 million. With the consensus EPS estimate being $0.83, the EPS surprise was -6.02%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Capital City Bank performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin [%]: 4% compared to the 4% average estimate based on two analysts.
Efficiency ratio: 70.1% compared to the 68.1% average estimate based on two analysts.
Total Non Interest Income: $20.18 million versus the two-analyst average estimate of $22.40 million.
Net Interest Income: $39.15 million compared to the $40 million average estimate based on two analysts.
View all Key Company Metrics for Capital City Bank here>>>
Shares of Capital City Bank have returned -0.2% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
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Capital City Bank Group (CCBG) : Free Stock Analysis Report
