Colony Bankcorp (CBAN) to Release Quarterly Earnings on Wednesday

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

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

Colony Bankcorp Stock Up 0.7 %

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

Colony Bankcorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 21st. Stockholders of record on Wednesday, February 7th were given a $0.112 dividend. The ex-dividend date of this dividend was Tuesday, February 6th. This represents a $0.45 annualized dividend and a dividend yield of 4.19%. This is a positive change from Colony Bankcorp’s previous quarterly dividend of $0.11. Colony Bankcorp’s dividend payout ratio is currently 36.29%.

Analysts Set New Price Targets

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

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.