Colony Bankcorp (CBAN) Projected to Post Earnings on Wednesday

Colony Bankcorp (NASDAQ:CBAN) is expected to post its quarterly earnings results after the market closes on Wednesday, January 22nd. Analysts expect Colony Bankcorp to post earnings of $0.32 per share and revenue of $28,900.00 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Colony Bankcorp (NASDAQ:CBAN) last posted its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. The business had revenue of $44.69 million during the quarter, compared to the consensus estimate of $28.67 million. Colony Bankcorp had a return on equity of 8.86% and a net margin of 12.75%. During the same quarter in the previous year, the firm earned $0.34 earnings per share. On average, analysts expect Colony Bankcorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Colony Bankcorp Trading Up 1.0 %

Shares of Colony Bankcorp stock opened at $15.78 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.90. Colony Bankcorp has a 12-month low of $10.33 and a 12-month high of $18.49. The company has a market capitalization of $276.54 million, a price-to-earnings ratio of 12.62 and a beta of 0.62. The firm’s 50-day moving average price is $16.63 and its two-hundred day moving average price is $15.39.

Colony Bankcorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were given a dividend of $0.112 per share. The ex-dividend date was Wednesday, November 6th. This represents a $0.45 annualized dividend and a dividend yield of 2.84%. Colony Bankcorp’s dividend payout ratio is 36.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Colony Bankcorp from a “hold” rating to a “buy” rating in a research report on Thursday, January 9th.

Colony Bankcorp Company Profile

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 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.