Colony Bankcorp Inc reports results for the quarter ended December 31 - Earnings Summary

Colony Bankcorp

22/01/2025 22:51

* Colony Bankcorp Inc  CBAN.N  reported quarterly adjusted
earnings of 42 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 32 cents.  The mean expectation of two analysts
for the quarter was for earnings of 34 cents per share. Wall
Street expected results to range from 33 cents to 34 cents per
share.
    * Revenue rose 9.2% to $30.78 million from a year ago;
analysts
expected $28.90 million. 
    * Colony Bankcorp Inc's reported EPS for the quarter was 42
cents​.
    * The company reported quarterly net income of $7.43
million.
    * Colony Bankcorp Inc shares had fallen by 0.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "hold."

Wall Street's median 12-month price target for Colony Bankcorp
Inc is $19.00 
This summary was machine generated from LSEG data January 22 at
10:51 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.34           0.42           Beat
 Sep. 30 2024      0.33           0.32           Missed
 Jun. 30 2024      0.31           0.31           Met
 Mar. 31 2024      0.31           0.30           Missed