Revenue Update on Capital City Bank Group(NASDAQ:CCBG)

Capital City Bank Group(NASDAQ:CCBG) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 26, 2016. Company reported revenue of $34.59M. Analysts estimated a revenue of $32.75M. Earnings per share were $0.22. Analysts had estimated an EPS of $0.16.

Capital City Bank Group (CCBG) made into the market gainers list on Fridays trading session with the shares advancing 1.63% or 0.23 points. Due to strong positive momentum, the stock ended at $14.31, which is also near the day’s high of $14.7. The stock began the session at $14.13 and the volume stood at 18,318 shares. The 52-week high of the shares is $16.05 and the 52 week low is $12.83. The company has a current market capitalization of $246 M and it has 1,72,21,682 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 15, 2016, J Everitt Drew (director) purchased 3,376 shares at $14.91 per share price.Also, On May 4, 2016, John G Jr Sample (director) purchased 1,000 shares at $14.50 per share price.On Dec 2, 2015, Thomas A Barron (Treasurer) sold 4,000 shares at $15.52 per share price, according to the Form-4 filing with the securities and exchange commission.

Capital City Bank Group Inc. (CCBG) is a financial holding company. The Company operates through its banking subsidiary Capital City Bank (CCB or the Bank) (CCBG and all its subsidiaries are collectively known as the Company). The Company’s principal services include Banking Services (CCB) Data Processing Services (Capital City Services Company) Trust and Asset Management Services (Capital City Trust Company) and Brokerage Services (Capital City Banc Investments Inc.). CCBG through its subsidiary CCB offers Banking Services such as Business Banking Commercial Real Estate Lending Residential Real Estate Lending Retail Credit Institutional Banking and Retail Banking. It offers Data Processing Services through its indirect subsidiary Capital City Services Company. It offers Trust and Asset Management Services through its indirect subsidiary Capital City Trust Company. It offers Brokerage Services through its indirect subsidiary Capital City Banc Investments Inc.

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