Colony Bankcorp Q2 operating EPS rises on higher service charges

Colony Bankcorp

22/07/2026 21:35

    

    Overview
  
U.S. regional bank's Q2 operating EPS rose to $0.52 from $0.46 a year ago
Loan growth accelerated in Q2, while deposits declined due to seasonal patterns
Company declared a quarterly cash dividend of $0.12 per share, unchanged from prior quarter

    

    Outlook
  
Colony expects to maintain operating return on average assets at 1.20% going forward
Company remains on track to close merger with First Reliance in fourth qtr
Colony expects loan growth to stay within annualized 8% to 12% target range

    

    Result Drivers
  
LOAN GROWTH AND PRICING - Co said accelerated loan growth and disciplined pricing on new production and renewals drove margin expansion
NONINTEREST INCOME GAINS - Higher service charges, mortgage fee income, interchange fees, insurance commissions and wealth advisor income boosted noninterest income, partly offset by lower SBA loan sales gains and higher securities losses
EFFICIENCY IMPROVEMENT - Co attributed improved operating efficiency to capturing efficiencies following the TC Federal integration

    
Company press release: ID:nBw1vgRP5a

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Adjusted EPS
Beat
$0.52
$0.48 (2 Analysts)

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for Colony Bankcorp Inc is $24.50, about 17.5% above its July 21 closing price of $20.85
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

    

    Reuters Recommended Reads
  
July 21 - Southern First Bancshares' Q2 profit rises on loan growth and margin expansion
July 20 - ServisFirst Bancshares Q2 EPS rises 40% on loan growth, higher net interest margin
July 21 - First Financial Bancorp Q2 adjusted EPS hits record on loan growth

    
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)