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An announcement from Colony Bankcorp ( (CBAN) ) is now available.
On April 1, 2025, Colony Bankcorp, Inc. announced the acquisition of The Ellerbee Agency, an Allstate appointed consumer property and casualty insurance agency. This acquisition, which expands Colony Insurance’s footprint with new locations in Monroe and Greensboro, Georgia, aligns with the company’s strategy for growth and community service. The Ellerbee Agency, led by industry veteran Sean Ellerbee, will enhance Colony Insurance’s team with experienced agents and strengthen its market position, offering new opportunities for improved services.
More about Colony Bankcorp
Colony Bankcorp, Inc. is the bank holding company for Colony Bank, founded in Fitzgerald, Georgia in 1975. The company operates locations throughout Georgia, Birmingham, Alabama, Tallahassee, Florida, and the Florida Panhandle, offering a range of banking solutions for personal and business customers. In addition to traditional banking services, Colony provides specialized solutions such as mortgage lending, government guaranteed lending, consumer insurance, wealth management, credit cards, and merchant services. Its common stock is traded on the NYSE under the symbol ‘CBAN.’
YTD Price Performance: 0.75%
Average Trading Volume: 73,502
Technical Sentiment Signal: Sell
Current Market Cap: $283M
For an in-depth examination of CBAN stock, go to TipRanks’ Stock Analysis page.