TALLAHASSEE, Fla. (AP) — TALLAHASSEE, Fla. (AP) — Capital City Bank Group (CCBG) on Monday reported first-quarter profit of $12.6 million.
The bank, based in Tallahassee, Florida, said it had earnings of 74 cents per share.
The bank holding company posted revenue of $64.9 million in the period. Its revenue net of interest expense was $56.5 million, which missed Street forecasts.
Capital City Bank shares have declined 8% since the beginning of the year. The stock has decreased 6% in the last 12 months.
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