Colony Bankcorp (CBAN) to Release Earnings on Wednesday

Colony Bankcorp (NASDAQ:CBAN) is projected to release its results after the market closes on Wednesday, January 28th. Analysts expect Colony Bankcorp to post earnings of $0.46 per share and revenue of $36.40 million for the quarter.

Colony Bankcorp Trading Down 4.2%

Shares of CBAN stock opened at $18.69 on Monday. The firm has a market capitalization of $325.84 million, a PE ratio of 13.84 and a beta of 0.66. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.80 and a current ratio of 0.81. The stock has a fifty day moving average of $17.82 and a two-hundred day moving average of $17.16. Colony Bankcorp has a 1 year low of $13.99 and a 1 year high of $19.81.

Hedge Funds Weigh In On Colony Bankcorp

A number of hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC boosted its position in shares of Colony Bankcorp by 153.9% in the 1st quarter. AQR Capital Management LLC now owns 28,466 shares of the financial services provider’s stock valued at $460,000 after purchasing an additional 17,253 shares during the period. Goldman Sachs Group Inc. lifted its stake in Colony Bankcorp by 10.4% during the first quarter. Goldman Sachs Group Inc. now owns 98,128 shares of the financial services provider’s stock valued at $1,585,000 after buying an additional 9,226 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Colony Bankcorp by 28.8% in the first quarter. Empowered Funds LLC now owns 47,942 shares of the financial services provider’s stock worth $774,000 after buying an additional 10,709 shares during the period. Jane Street Group LLC increased its position in shares of Colony Bankcorp by 46.8% in the first quarter. Jane Street Group LLC now owns 41,462 shares of the financial services provider’s stock worth $670,000 after acquiring an additional 13,216 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Colony Bankcorp by 3.0% in the second quarter. Geode Capital Management LLC now owns 367,897 shares of the financial services provider’s stock worth $6,060,000 after acquiring an additional 10,798 shares in the last quarter. 50.37% of the stock is currently owned by institutional investors and hedge funds.

Colony Bankcorp Company Profile

Colony Bankcorp is a bank holding company headquartered in Fitzgerald, Georgia, operating through its wholly owned subsidiary Colony Bank. The company offers a full suite of commercial and consumer banking products, including checking and savings accounts, certificates of deposit, and mortgage lending. In addition to traditional deposit and loan services, Colony Bank provides home equity loans, SBA financing, and treasury management solutions tailored to small and medium-sized businesses.

Beyond its core banking offerings, Colony Bankcorp delivers trust and wealth management services through dedicated fiduciary professionals.