Capital City Bank Group (CCBG) Q3 2026 earnings summary

Executive summary

• Q3 2026 net income was $16.9M, or $0.99 diluted EPS, versus $16.0M and $0.93 in Q3 2025; Q2 net income was $16.3M and diluted EPS was $0.95.

• 9M net income rose to $49.0M from $47.9M; diluted EPS was $2.86 versus $2.80.

• Results reflected margin expansion and improved credit quality; lower mortgage banking and wealth management income restrained noninterest revenue.

Financial highlights

• Q3 tax-equivalent NII was $45.1M, versus $44.2M in Q2 and $43.6M in Q3 2025; one additional calendar day contributed to the sequential increase.

• Q3 GAAP net interest income was $45.0M; total interest income was $52.5M, interest expense $7.5M, and income before taxes $22.2M.

• Q3 noninterest income was $19.4M, down 13.2% YoY and 5.9% QoQ; noninterest expense was $42.3M, down 1.4% YoY and 0.8% QoQ.

• 9M noninterest revenue was $59.9M, down 3.8% YoY; noninterest expense was $126.3M, up 1.7%.

Outlook and guidance

• Absent discrete items or new tax-credit investments, the expected FY 2026 effective tax rate is 23%–24%.

• Planned capital expenditures are $10.0M over the next 12 months, primarily for a new office, remodeling, equipment, furniture, and technology; funding is expected from existing resources.

• Investment cash flows may be reinvested or used to support loan growth, depending on liquidity and market conditions; loan demand remained selective.

• Management cited momentum from margin expansion and credit improvement and said it remained positioned to finish 2026 strong.