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Colony Bankcorp Inc. - CBAN STOCK NEWS

Welcome to our dedicated page for Colony Bankcorp news (Ticker: CBAN), a resource for investors and traders seeking the latest updates and insights on Colony Bankcorp stock.

Colony Bankcorp Inc (NASDAQ: CBAN) is a prominent single bank holding company headquartered in Fitzgerald, Georgia, with an asset portfolio of $1.15 billion. The company operates twenty-nine branch locations across central and south Georgia, serving major cities such as Albany, Ashburn, Broxton, Centerville, Chester, Columbus, Cordele, Douglas, Eastman, Fitzgerald, Leesburg, Moultrie, Pitts, Quitman, Rochelle, Savannah, Soperton, Sylvester, Thomaston, Tifton, Valdosta, and Warner Robins.

Colony Bankcorp Inc offers a comprehensive suite of banking services tailored to meet the needs of both retail and commercial clients. The company’s core offerings encompass a broad range of loan products, including loans to small and medium-sized enterprises, residential and commercial construction loans, land development loans, commercial real estate loans, agri-business and production loans, and residential mortgage loans. Additionally, they provide consumer loans and a variety of deposit products, such as demand, savings, and time deposits.

The company operates through several key segments, including the Banking Division, the Retail Mortgage Division, and specialized small business lending. A significant portion of Colony Bankcorp’s revenue is generated from its Banking Division, which underscores its robust banking operations.

Recent achievements include strategic expansions and service enhancements to better serve their client base. For instance, the company has been actively engaging in partnerships to innovate and expand digital banking services, aimed at providing more convenience to their customers. Their customer-centric approach and commitment to community banking have helped them maintain a solid financial condition and foster trust among their clients.

For the latest updates on Colony Bankcorp Inc, including financial performance, recent events, and new developments, browse through the most recent news articles and press releases available on our website.

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Colony Bankcorp, Inc. (Nasdaq: CBAN) will have its CEO and CFO participate in the 2024 Gulf South Bank Conference on April 29-30, 2024. The investor presentation is available on the company's website.

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Colony Bankcorp, Inc. (Nasdaq: CBAN) reported its first quarter 2024 financial results, showing a net income decrease to $5.3 million but an increase in operating net income to $5.8 million. The company declared a quarterly cash dividend of $0.1125 per share. Total assets decreased to $3.02 billion, with total loans at $1.89 billion. Noninterest income increased by $1.8 million, while noninterest expense decreased. Asset quality improved with a decrease in nonperforming assets and net loans charged-off.
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Colony Bankcorp, Inc. (CBAN) will release its first quarter 2024 financial results on April 24, 2024, followed by a live conference call on April 25, 2024. Investors can access the call and presentation on the Company's website.
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Colony Bankcorp, Inc. (CBAN) CEO and CFO to participate in Janney 2024 CEO Forum. Investor presentation available on company website.
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Colony Bankcorp, Inc. (CBAN) declared a quarterly cash dividend of $0.1125 per share. The financial results for the fourth quarter of 2023 showed a slight decrease in net income compared to the previous quarter, with strong liquidity and available funding of approximately $1.3 billion. Total loans increased by $18.5 million, while total deposits decreased by $46.5 million. The company also reported a decrease in mortgage production and sales, as well as a slowdown in small business lending. The Board of Directors declared a quarterly cash dividend, and the company's CEO expressed confidence in the business's resilience amidst industry challenges.
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Colony Bankcorp, Inc. (Nasdaq: CBAN) has announced the promotion of Derek Shelnutt to Executive Vice President and Chief Financial Officer, effective January 18, 2024. Shelnutt has over ten years of experience in the financial services industry and has held various roles within the Company since joining in September 2020. The CEO, Heath Fountain, praised Shelnutt's financial acumen and leadership capabilities, highlighting his career progression and significant contributions to the Company. Shelnutt holds a Master of Professional Accounting and Bachelor of Business Administration in Accounting from the University of West Georgia and is a Certified Public Accountant in Georgia and South Carolina.
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Colony Bank Donates $400,000 to 10 Rural Hospitals Across Georgia (CBAN)
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Colony Bankcorp, Inc. (Nasdaq: CBAN) will release its Q4 2023 financial results on January 24, 2024, after the stock market closes. A live conference call will be held on January 25, 2024, at 9:00 AM ET. The call details and investor presentation will be available on the company's website.
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Colony Bankcorp, Inc. (CBAN) reports Q3 2023 financial results with net income of $5.8 million, an increase from the previous quarter. The company declares a quarterly cash dividend of $0.11 per share.
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Colony Bankcorp, Inc. to release Q3 2023 financial results
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FAQ

What is the current stock price of Colony Bankcorp (CBAN)?

The current stock price of Colony Bankcorp (CBAN) is $16.14 as of December 20, 2024.

What is the market cap of Colony Bankcorp (CBAN)?

The market cap of Colony Bankcorp (CBAN) is approximately 283.2M.

What services does Colony Bankcorp Inc provide?

Colony Bankcorp Inc offers a wide range of banking services including loans, mortgages, deposit products, and specialized small business lending.

Where is Colony Bankcorp Inc headquartered?

Colony Bankcorp Inc is headquartered in Fitzgerald, Georgia.

In which cities does Colony Bankcorp Inc operate?

Colony Bankcorp Inc has branches in cities such as Albany, Ashburn, Broxton, Centerville, Chester, Columbus, Cordele, Douglas, Eastman, Fitzgerald, Leesburg, Moultrie, Pitts, Quitman, Rochelle, Savannah, Soperton, Sylvester, Thomaston, Tifton, Valdosta, and Warner Robins.

What is the NASDAQ symbol for Colony Bankcorp Inc?

Colony Bankcorp Inc is listed on the NASDAQ under the symbol CBAN.

Which division contributes most to Colony Bankcorp Inc's revenue?

The Banking Division contributes most to Colony Bankcorp Inc's revenue.

What recent achievements has Colony Bankcorp Inc accomplished?

Recent achievements include strategic expansions and enhancements in digital banking services.

How much are the assets of Colony Bankcorp Inc?

Colony Bankcorp Inc has assets totaling $1.15 billion.

What types of loans does Colony Bankcorp Inc offer?

Colony Bankcorp Inc offers loans to small and medium-sized businesses, residential and commercial construction loans, land development loans, commercial real estate loans, agri-business and production loans, and residential mortgage loans.

Does Colony Bankcorp Inc offer consumer loans?

Yes, Colony Bankcorp Inc provides consumer loans.

How can I stay updated on the latest news about Colony Bankcorp Inc?

You can stay updated by following the latest news articles and press releases available on our website.

Colony Bankcorp Inc.

Nasdaq:CBAN

CBAN Rankings

CBAN Stock Data

283.24M
16.34M
6.76%
57.82%
0.42%
Banks - Regional
State Commercial Banks
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United States of America
FITZGERALD