Capital City Bank | 10-Q: FY2025 Q2 EPS Beats Estimate at USD 0.88

EPS: As of FY2025 Q2, the actual value is USD 0.88, beating the estimate of USD 0.7867.

EBIT: As of FY2025 Q2, the actual value is USD 20.04 M.

Segment Revenue

• Interest Income: Total interest income for the second quarter of 2025 was $51.459 million, compared to $48.766 million for the same period in 2024. For the first six months of 2025, interest income was $101.241 million, compared to $95.586 million for the same period in 2024.

Operational Metrics

• Net Income: Net income attributable to common shareowners for the second quarter of 2025 was $15.044 million, compared to $14.150 million for the same period in 2024. For the first six months of 2025, net income was $31.902 million, compared to $26.707 million for the same period in 2024.
• Net Interest Income: Tax-equivalent net interest income for the second quarter of 2025 was $43.228 million, compared to $39.334 million for the same period in 2024. For the first six months of 2025, it was $84.819 million, compared to $77.769 million for the same period in 2024.
• Noninterest Income: Noninterest income for the second quarter of 2025 was $20.014 million, compared to $19.606 million for the same period in 2024. For the first six months of 2025, it was $39.921 million, compared to $37.703 million for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: For the six months ended June 30, 2025, net cash provided by operating activities was $54.491 million, compared to $39.584 million for the same period in 2024.
• Net Cash Provided by Investing Activities: For the six months ended June 30, 2025, net cash provided by investing activities was $5.816 million, compared to $107.367 million for the same period in 2024.
• Net Cash Provided by (Used In) Financing Activities: For the six months ended June 30, 2025, net cash provided by financing activities was $21.241 million, compared to net cash used in financing activities of $111.039 million for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company aims to maintain a strong capital position, with a total risk-based capital ratio of 19.60% and a tangible common equity ratio of 10.09% as of June 30, 2025. The company plans to continue monitoring its liquidity position and market conditions to determine investment strategies.
• Non-Core Business: The company is focused on managing its investment portfolio as a liquidity source and has the option to pledge securities as collateral for borrowings or deposits. The company also has an outstanding commitment of up to $1.0 million in a bank tech venture capital fund.