Colony Bankcorp (CBAN) to Release Quarterly Earnings on Wednesday

Colony Bankcorp (NASDAQ:CBAN) will release its earnings data after the market closes on Wednesday, April 24th. Persons interested in participating in the company’s earnings conference call can do so using this link.

Colony Bankcorp (NASDAQ:CBAN) last issued its quarterly earnings data on Wednesday, January 24th. The financial services provider reported $0.31 EPS for the quarter. The company had revenue of $28.18 million during the quarter. Colony Bankcorp had a net margin of 13.55% and a return on equity of 9.32%.

Colony Bankcorp Stock Performance

Shares of NASDAQ:CBAN opened at $10.70 on Tuesday. The company has a market capitalization of $187.89 million, a price-to-earnings ratio of 8.63 and a beta of 0.53. Colony Bankcorp has a 52 week low of $8.59 and a 52 week high of $13.58. The company has a quick ratio of 0.77, a current ratio of 0.78 and a debt-to-equity ratio of 0.94. The firm has a 50 day moving average of $11.03 and a 200 day moving average of $11.32.

Colony Bankcorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, February 7th were paid a $0.112 dividend. This is an increase from Colony Bankcorp’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Tuesday, February 6th. This represents a $0.45 dividend on an annualized basis and a yield of 4.19%. Colony Bankcorp’s payout ratio is 36.29%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Colony Bankcorp from a “hold” rating to a “buy” rating in a research note on Monday.

About Colony Bankcorp

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.