Alert: New Earnings Report (4/24/24)-Colony Bankcorp Inc (NASDAQ: CBAN).

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Colony Bankcorp Inc (NASDAQ: CBAN) has reported E.P.S. of $0.30 for its first fiscal quarter (ending March 31) versus $0.29 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $1.25 versus $1.09 for the same period a year ago.

Recent Price Action

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On 4/24/24, Colony Bankcorp Inc (NASDAQ: CBAN) stock declined slightly by -0.4%, closing at $10.76. Moreover, above average trading volume at 126% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 1.6% during the last week.

Current PriceTarget Research Rating

CBAN is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Colony Bankcorp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Colony Bankcorp has a slightly positive Appreciation Score of 69 and a slightly positive Power Rating of 70, resulting in the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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