Colony Bankcorp Reports Third Quarter 2024 Results
Colony Bankcorp, Inc. (CBAN)
US:NASDAQ Investor Relations:
investors.colonybank.com
Company Research
Source: Business Wire
Declares Quarterly Cash Dividend of $0.1125 Per Share FITZGERALD, Ga.--(BUSINESS WIRE)--Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the third quarter of 2024. Financial highlights are shown below.Financial Highlights:Net income increased to $5.6 million, or $0.32 per diluted share, for the third quarter of 2024, compared to $5.5 million, or $0.31 per diluted share, for the second quarter of 2024, and decreased as compared to $5.8 million, or $0.33 per diluted share, for the third quarter of 2023.Operating net income increased to $6.2 million, or $0.35 of adjusted earnings per diluted share, for the third quarter of 2024, compared to $6.0 million, or $0.34 of adjusted earnings per diluted share, for the second quarter of 2024, and $6.0 million, or $0.34 of adjusted earnings per diluted share, for the third quarter of 2023. (See Reconciliation of Non-GAAP Measures).Provision for credit losses of $750,000 was recorded in third
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CBAN
News
- Colony Bankcorp, Inc. (NASDAQ: CBAN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Colony Bankcorp, Inc. (NASDAQ: CBAN) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Colony Bankcorp, Inc. to Participate in 2024 Hovde Group Financial Services ConferenceBusiness Wire
- Colony Bankcorp, Inc. Announces Transfer of Listing of Common Stock to the New York Stock ExchangeBusiness Wire
- Only Four Days Left To Cash In On Colony Bankcorp's (NASDAQ:CBAN) Dividend [Yahoo! Finance]Yahoo! Finance
CBAN
Earnings
- 10/23/24 - Beat
CBAN
Sec Filings
- 11/15/24 - Form 25
- 11/8/24 - Form 10-Q
- 11/5/24 - Form CERT
- CBAN's page on the SEC website