Media stories about Colony Bankcorp (NASDAQ:CBAN) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Colony Bankcorp earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.8457195757386 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of NASDAQ CBAN traded up $0.05 during mid-day trading on Friday, reaching $15.80. The company had a trading volume of 641 shares, compared to its average volume of 2,783. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $132.07 million, a price-to-earnings ratio of 12.52 and a beta of 0.38. Colony Bankcorp has a 1-year low of $11.10 and a 1-year high of $19.50.
Colony Bankcorp (NASDAQ:CBAN) last issued its earnings results on Wednesday, April 18th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter. The business had revenue of $12.56 million for the quarter. Colony Bankcorp had a return on equity of 12.04% and a net margin of 15.65%.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Monday, June 4th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Friday, June 1st.
In related news, insider M. Edward Jr. Hoyle bought 2,625 shares of the firm’s stock in a transaction that occurred on Wednesday, May 30th. The shares were acquired at an average cost of $16.08 per share, for a total transaction of $42,210.00. Following the acquisition, the insider now directly owns 6,121 shares of the company’s stock, valued at approximately $98,425.68. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders purchased a total of 3,745 shares of company stock worth $60,187 over the last 90 days. Insiders own 5.45% of the company’s stock.
Colony Bankcorp Company Profile
Colony Bankcorp, Inc operates as the holding company for Colony Bank that provides banking products and services to commercial and consumer customers. It offers various deposit products, including demand, savings, and time deposits. The company also offers loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans.
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