Colony Bankcorp (NASDAQ:CBAN) issued its quarterly earnings data on Thursday, April 18th. The financial services provider reported $0.34 earnings per share for the quarter, Bloomberg Earnings reports. Colony Bankcorp had a return on equity of 13.08% and a net margin of 19.36%. The business had revenue of $12.69 million for the quarter.
Shares of CBAN traded up $0.32 on Friday, reaching $17.69. 54,291 shares of the stock traded hands, compared to its average volume of 6,379. The stock has a market cap of $165.00 million, a PE ratio of 12.32 and a beta of 0.65. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.71. Colony Bankcorp has a 12 month low of $12.29 and a 12 month high of $19.20.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Monday, April 29th.
Separately, ValuEngine downgraded Colony Bankcorp from a “hold” rating to a “sell” rating in a research report on Monday, March 25th.
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Colony Bankcorp Company Profile
Colony Bankcorp, Inc operates as the holding company for Colony Bank that provides banking products and services to commercial and consumer customers. It offers various deposit products, including demand, savings, and time deposits. The company also offers 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.
See Also: Earnings Per Share (EPS)
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