Colony Bankcorp, Inc. (NYSE:CBAN) Announces Quarterly Dividend of $0.12

Colony Bankcorp, Inc. (NYSE:CBAN) declared a quarterly dividend on Wednesday, April 22nd. Investors of record on Wednesday, May 6th will be paid a dividend of 0.12 per share on Wednesday, May 20th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, May 6th.

Colony Bankcorp has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 7 consecutive years.

Colony Bankcorp Stock Up 0.9%

CBAN opened at $20.81 on Thursday. Colony Bankcorp has a fifty-two week low of $14.63 and a fifty-two week high of $21.61. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.88 and a quick ratio of 0.85. The firm’s fifty day moving average price is $20.12 and its two-hundred day moving average price is $18.52. The company has a market capitalization of $440.57 million, a P/E ratio of 13.09 and a beta of 0.61.

Colony Bankcorp (NYSE:CBAN) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $0.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.45. Colony Bankcorp had a net margin of 14.85% and a return on equity of 10.08%. The firm had revenue of $30.93 million for the quarter, compared to analyst estimates of $42.10 million. On average, analysts anticipate that Colony Bankcorp will post 1.91 EPS for the current year.

About Colony Bankcorp

Colony Bankcorp, Inc is a bank holding company headquartered in Baxley, Georgia, that operates through its primary subsidiary, The Colony Bank. The company’s core focus is on delivering community banking services tailored to individuals, small businesses and agricultural customers throughout Georgia and Florida. Colony Bankcorp’s structure supports a full suite of deposit and lending solutions designed to meet the needs of local markets.

The company offers a range of deposit products, including personal and business checking accounts, savings and money market accounts, and certificates of deposit.