Alert: New Earnings Report (10/23/24)-Colony Bankcorp Inc (NASDAQ: CBAN).

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Colony Bankcorp Inc (NASDAQ: CBAN) has reported E.P.S. of $0.32 for its third fiscal quarter (ending September 30) versus $0.33 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $1.26 versus $1.23 for the same period a year ago.

Recent Price Action

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Colony Bankcorp Inc (NASDAQ: CBAN) stock closed at $15.40 on 10/23/24 after an increase of 1.1%. However, exceptionally low trading volume at 43% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.3% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, CBAN is expected to continue to be a Value Builder.

Colony Bankcorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Colony Bankcorp has a neutral Appreciation Score of 56 but a very high Power Rating of 95, triggering the Highest Value Trend Rating.

Rating Review

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

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