Colony Bankcorp, Inc. Stock News

Colony Bankcorp reported a net income of $23.9M in FY 2024, with an EPS of $1.36, and maintains a strong balance sheet with over $1B in liquid assets. The bank's loan book, heavily invested in real estate, shows a low LTV ratio in the non-owner occupied CRE segment, indicating a relatively safe portfolio. Despite a potentially slow first half of 2025, Colony Bankcorp is expected to perform bett...

FITZGERALD, Ga.--(BUSINESS WIRE)--Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”) today announced it has acquired The Ellerbee Agency, an Allstate appointed consumer property and casualty insurance agency. The agency will become part of Colony Insurance, the Company's wholly-owned insurance subsidiary. This acquisition expands Colony Insurance's footprint and customer base with t...

FITZGERALD, Ga.--(BUSINESS WIRE)--Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”) announced today that the Company's ratings were affirmed by the Kroll Bond Rating Agency (KBRA) in its press release dated March 27, 2025. KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for the Company. KBRA indicated...

FITZGERALD, Ga.--(BUSINESS WIRE)--Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”) today announced that Edward P. Loomis, Jr. will retire from the Board of Directors of both the Company and its wholly-owned banking subsidiary, Colony Bank, effective May 22, 2025. Loomis, an experienced executive officer, served as President and Chief Executive Officer of the Company and Colony Ban...

FITZGERALD, Ga.--(BUSINESS WIRE)--Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”) today announced the appointment of Paul Joiner, III to the Board of Directors for both the Company and Colony Bank, effective March 1, 2025. Joiner brings over two decades of experience in finance, accounting, corporate leadership, and real estate investment to the Board. Joiner currently serves as ...

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Colony Bankcorp, Inc. (NYSE:CBAN ) Q4 2024 Earnings Call Transcript January 23, 2025 9:00 AM ET Company Participants Heath Fountain - CEO & Director Derek Shelnutt - Executive VP & CFO Conference Call Participants Operator Good morning, ladies and gentlemen. And welcome to the Colony Bank Quarter Fourth 2024 Conference Call.

FITZGERALD, Ga.--(BUSINESS WIRE)--Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”) today reported financial results for the fourth quarter of 2024. Financial highlights are shown below. Financial Highlights: Net income increased to $7.4 million, or $0.42 per diluted share, for the fourth quarter of 2024, compared to $5.6 million, or $0.32 per diluted share, for the third quarter o...