Colony Bankcorp (CBAN) to Release Quarterly Earnings on Wednesday

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

Colony Bankcorp (NASDAQ:CBAN) last released its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. The firm 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 prior year, the firm posted $0.34 EPS. 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 Stock Up 1.0 %

Colony Bankcorp stock opened at $15.78 on Tuesday. The company has a market cap of $276.54 million, a P/E ratio of 12.62 and a beta of 0.62. The company has a fifty day simple moving average of $16.63 and a 200 day simple moving average of $15.39. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.90. Colony Bankcorp has a 1-year low of $10.33 and a 1-year high of $18.49.

Colony Bankcorp Dividend Announcement

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of 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.