CCBGCAPITAL CITY BANK GROUP INC
State Commercial Banks
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- $870M
- Employees
- 902
- Net debt / EBITDA
- —
- −$411M net debt
- AI in 10-K
- 2.4
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo142% of net incomeCash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo19% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo2% of assetsOver 40% of assets
- Shareholder dissentNo99% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo2.4 per 10K words · 61st pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$870M market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$258K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $33M | $33M | $52M | $53M | $62M | 16% |
| Operating cash flow | $122M | $93M | $55M | $64M | $88M | 38% |
| Capex | $5M | $6M | $7M | $9M | $8M | 13% |
| Stock-based comp | $843K | $2M | $1M | $2M | $2M | 29% |
| Buybacks | $0 | $0 | $4M | $2M | $0 | 100% |
| Dividends | $10M | $11M | $13M | $15M | $17M | 14% |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Jul 17, 2024 | SMITH WILLIAM G JR | SC 13D/A | 16.9% | Passive |
Insider trading
- Open-market buys, 12 mo
- $20K · 1
- Open-market sells, 12 mo
- $278K · 1
- Net
- −$258K
Pay vs performance
No pay-versus-performance disclosure yet.