Streetbeat News

CBAN

Colony Bankcorp, Inc.

https://www.colonybank.com

Industry

Banks - Regional

Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers. The company offers various deposit products, including demand, savings, and time deposits. It also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans. In addition, the company offers internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, and remote depository products, as well as access to a network of ATMs. As of January 20, 2022, it operated 39 locations throughout Georgia. The company was founded in 1975 and is headquartered in Fitzgerald, Georgia.

Open

17.19

Mkt cap

298M

Volume

50K

High

17.28

P/E Ratio

13.48

52-wk high

18.03

Low

16.98

Div yield

0.03

52-wk low

10.33

Colony Bankcorp reported Q3 2024 earnings per share of $0.35, surpassing the analyst estimate of $0.33. However, their sales of $28.623 million fell short of the $28.700 million estimate, marking a 2.44% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:33 pm

Colony Bankcorp (NASDAQ:CBAN) reported Q2 2024 adjusted EPS of $0.34, beating the $0.30 estimate. Sales were $27.906M, slightly above the $27.800M estimate. EPS increased by 3.03% YoY, while sales decreased by 0.81% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:48 pm

Colony Bankcorp (NASDAQ:CBAN) reported Q1 2024 adjusted EPS of $0.33, surpassing the $0.31 estimate, with sales of $28.141M also beating the $27.600M forecast. This represents a 6.45% increase in EPS and a slight 0.30% decrease in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 9:46 pm

Colony Bankcorp (NASDAQ:CBAN) reported Q4 earnings with an EPS of $0.31, missing the estimate by 3.12%. Revenue decreased by $907 thousand compared to the same period last year. In the previous quarter, CBAN beat the EPS estimate which resulted in a 1.69% share price increase the following day. The company's past earnings performance shows fluctuating EPS and revenue figures.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 9:40 pm

Colony Bankcorp (NASDAQ:CBAN) reported Q4 adjusted EPS of $0.31, missing the consensus estimate of $0.32 by 3.13%. Sales were $28.18M, falling short of the $28.40M estimate by 0.77%, and representing a 3.12% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:33 pm

Earnings reports for January 24, 2024, are scheduled for a wide range of companies across various industries. The reports include a mix of expected profits and losses, with key players like Freeport-McMoRan, General Dynamics, ASML Holding, and Tesla among those reporting. Investors will be closely watching these earnings releases to gauge company performance and sector health.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 10:11 am

Colony Bankcorp (NASDAQ:CBAN) is expected to release its quarterly earnings report on Wednesday, 2024-01-24, with analysts estimating an EPS of $0.32. Investors are looking for an earnings beat and positive guidance for future growth. Historically, CBAN's stock price has reacted to past earnings performances with modest changes. Shares are currently trading at $13.03, with a 1.72% increase over the last 52 weeks, indicating a positive sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 7:01 pm

Colony Bankcorp, Inc. has promoted Derek Shelnutt to the position of Executive Vice President and Chief Financial Officer. This change in executive leadership could signal a strategic shift or a continuation of the company's current financial policies.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:08 pm

Colony Bankcorp (NASDAQ:CBAN) reported Q3 earnings of $0.34 per share, beating the analyst consensus estimate of $0.32 by 6.25%. This is a 13.33% increase from the same period last year. The company also reported quarterly sales of $29.34 million, beating the analyst consensus estimate of $28.67 million by 2.33%. This is a 1.02% increase from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

October 25, 2023 | 8:43 pm

Colony Bankcorp (NASDAQ:CBAN) is set to release its latest quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $0.32. The company's past performance shows a pattern of beating EPS estimates, but this has not always led to a positive impact on the share price. The stock is currently trading at $9.57, down 29.64% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 9:01 pm

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