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Interested In Capital City Bank Group Inc (NASDAQ:CCBG)? Here’s What Its Recent Performance Looks Like

Joseph Holm

When Capital City Bank Group Inc (NASDAQ:CCBG) announced its most recent earnings (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. Being able to interpret how well Capital City Bank Group has done so far requires weighing its performance against a benchmark, rather than looking at a standalone number at a point in time. In this article, I’ve summarized the key takeaways on how I see CCBG has performed. Check out our latest analysis for Capital City Bank Group

Did CCBG’s recent earnings growth beat the long-term trend and the industry?

I prefer to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. This method allows me to assess different stocks in a uniform manner using new information. “For Capital City Bank Group, its “, most recent bottom-line is $14.2M, which, relative to the previous year’s level, has jumped up by 28.08%. Given that these values are fairly myopic, I have calculated an annualized five-year value for CCBG’s net income, which stands at $6.8M. This suggests that, on average, Capital City Bank Group has been able to gradually grow its bottom line over the last few years as well.

NasdaqGS:CCBG Income Statement Dec 23rd 17
NasdaqGS:CCBG Income Statement Dec 23rd 17

What’s enabled this growth? Well, let’s take a look at if it is solely owing to an industry uplift, or if Capital City Bank Group has experienced some company-specific growth. In the last few years, Capital City Bank Group expanded bottom-line, while its top-line fell, by efficiently controlling its costs. This has caused to a margin expansion and profitability over time. Inspecting growth from a sector-level, the US banks industry has been growing, albeit, at a subdued single-digit rate of 9.91% in the prior year, and 8.95% over the past couple of years. This suggests that whatever tailwind the industry is benefiting from, Capital City Bank Group is capable of amplifying this to its advantage.

What does this mean?

Capital City Bank Group’s track record can be a valuable insight into its earnings performance, but it certainly doesn’t tell the whole story. Positive growth and profitability are what investors like to see in a company’s track record, but how do we properly assess sustainability? I suggest you continue to research Capital City Bank Group to get a better picture of the stock by looking at:

1. Future Outlook: What are well-informed industry analysts predicting for CCBG’s future growth? Take a look at our free research report of analyst consensus for CCBG’s outlook.

2. Financial Health: Is CCBG’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.

3. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.