Colony Bankcorp (CBAN) Set to Announce Quarterly Earnings on Wednesday

Colony Bankcorp (NASDAQ:CBAN) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, July 24th. Analysts expect Colony Bankcorp to post earnings of $0.32 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Colony Bankcorp (NASDAQ:CBAN) last released its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter. Colony Bankcorp had a return on equity of 9.22% and a net margin of 13.17%. The business had revenue of $28.14 million during the quarter. On average, analysts expect Colony Bankcorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Colony Bankcorp Trading Up 1.1 %

Shares of CBAN stock opened at $13.70 on Tuesday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.77 and a current ratio of 0.78. Colony Bankcorp has a 1 year low of $9.35 and a 1 year high of $13.96. The stock has a fifty day moving average of $12.15 and a two-hundred day moving average of $11.70. The firm has a market capitalization of $240.56 million, a PE ratio of 10.96 and a beta of 0.58.

Colony Bankcorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 8th were given a dividend of $0.112 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.45 dividend on an annualized basis and a yield of 3.27%. Colony Bankcorp’s dividend payout ratio (DPR) is presently 36.00%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Colony Bankcorp from a “hold” rating to a “buy” rating in a research report on Wednesday, May 29th.

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.