TALLAHASSEE, Fla. (AP) _ Capital City Bank Group (CCBG) on Tuesday reported third-quarter net income of $10.1 million.

The Tallahassee, Florida-based bank said it had earnings of 60 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.

The bank holding company posted revenue of $55.1 million in the period. Its revenue net of interest expense was $54.2 million, also beating Street forecasts.

Capital City Bank shares have risen almost 10% since the beginning of the year. The stock has climbed 24% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCBG at https://www.zacks.com/ap/CCBG

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News