Colony Bankcorp (NASDAQ:CBAN) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.
NASDAQ:CBAN opened at $16.50 on Wednesday. Colony Bankcorp has a 52 week low of $13.51 and a 52 week high of $19.50. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market cap of $138.07 million, a P/E ratio of 11.93 and a beta of 0.37.
Colony Bankcorp (NASDAQ:CBAN) last posted its quarterly earnings results on Thursday, October 18th. The financial services provider reported $0.34 EPS for the quarter. Colony Bankcorp had a net margin of 16.57% and a return on equity of 13.15%. The company had revenue of $12.51 million during the quarter.
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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To view ValuEngine’s full report, visit ValuEngine’s official website.
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