Colony Bankcorp (CBAN) Projected to Post 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. Individual 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, beating analysts’ consensus estimates of $0.34 by $0.01. Colony Bankcorp had a net margin of 12.75% and a return on equity of 8.86%. The company had revenue of $44.69 million for the quarter, compared to analyst estimates of $28.67 million. During the same period last 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 CBAN stock opened at $15.78 on Monday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.80 and a current ratio of 0.81. The company has a market capitalization of $276.49 million, a price-to-earnings ratio of 12.62 and a beta of 0.62. Colony Bankcorp has a 52-week low of $10.33 and a 52-week high of $18.49. The company has a 50-day simple moving average of $16.67 and a two-hundred day simple moving average of $15.37.

Colony Bankcorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th were issued a $0.112 dividend. This represents a $0.45 annualized dividend and a dividend yield of 2.84%. The ex-dividend date of this dividend was Wednesday, November 6th. Colony Bankcorp’s dividend payout ratio is presently 36.00%.

Analysts Set New Price Targets

Separately, StockNews.com raised 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.