Colony Bankcorp, Inc. (CBAN) To Go Ex-Dividend on May 6th

Colony Bankcorp, Inc. (NYSE:CBAN) announced a quarterly dividend on Wednesday, April 22nd. Investors of record on Wednesday, May 6th will be given a dividend of 0.12 per share on Wednesday, May 20th. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, May 6th.

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

Colony Bankcorp Trading Down 4.1%

NYSE CBAN opened at $19.96 on Friday. The business has a 50 day simple moving average of $20.11 and a 200 day simple moving average of $18.53. Colony Bankcorp has a one year low of $14.63 and a one year high of $21.61. The stock has a market capitalization of $422.62 million, a P/E ratio of 12.48 and a beta of 0.61. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.88 and a quick ratio of 0.85.

Colony Bankcorp (NYSE:CBAN) last released its earnings results on Wednesday, April 22nd. The company reported $0.45 EPS for the quarter, hitting the consensus estimate of $0.45. Colony Bankcorp had a return on equity of 10.68% and a net margin of 14.83%.The business had revenue of $30.93 million during the quarter, compared to analysts’ expectations of $42.10 million. Research analysts expect that Colony Bankcorp will post 1.91 earnings per share 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.