Colony Bankcorp (CBAN) Receiving Somewhat Positive News Coverage, Report Finds

Headlines about Colony Bankcorp (NASDAQ:CBAN) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Colony Bankcorp earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 48.2114834723175 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of CBAN traded up $0.05 during mid-day trading on Friday, hitting $17.40. The company’s stock had a trading volume of 14,135 shares, compared to its average volume of 2,405. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.78 and a quick ratio of 0.77. The stock has a market capitalization of $146.42 million, a P/E ratio of 13.05 and a beta of 0.30. Colony Bankcorp has a 1-year low of $11.10 and a 1-year high of $19.50.

Colony Bankcorp (NASDAQ:CBAN) last posted its quarterly earnings results on Tuesday, July 17th. The financial services provider reported $0.36 EPS for the quarter. The business had revenue of $12.49 million during the quarter. Colony Bankcorp had a return on equity of 12.77% and a net margin of 16.63%.

In other Colony Bankcorp news, insider M. Edward Jr. Hoyle purchased 2,625 shares of Colony Bankcorp stock in a transaction dated Wednesday, May 30th. The stock was acquired at an average cost of $16.08 per share, with a total value of $42,210.00. Following the acquisition, the insider now directly owns 6,121 shares of the company’s stock, valued at $98,425.68. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Terry L. Hester sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 9th. The shares were sold at an average price of $17.25, for a total value of $43,125.00. Following the completion of the sale, the insider now directly owns 104,873 shares of the company’s stock, valued at $1,809,059.25. The disclosure for this sale can be found here. 5.45% of the stock is owned by company insiders.

About Colony Bankcorp

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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Insider Buying and Selling by Quarter for Colony Bankcorp (NASDAQ:CBAN)

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