Colony Bankcorp Announces Merger with TC Bancshares

Colony Bankcorp ( (CBAN) ) has provided an announcement.

On July 23, 2025, Colony Bankcorp, Inc. announced a merger agreement with TC Bancshares, Inc., valued at approximately $86.1 million, to create a stronger banking franchise in Georgia and Florida. The merger, expected to close in the fourth quarter of 2025, aims to enhance customer service and expand capabilities, with TC Bancshares’ shareholders receiving either cash or Colony common stock. The transaction is anticipated to be immediately accretive to Colony’s earnings per share and will result in a combined entity with significant assets, deposits, and loans, strengthening its position as a leading community bank in the Southeast.

Spark’s Take on CBAN Stock

According to Spark, TipRanks’ AI Analyst, CBAN is a Outperform.

Colony Bankcorp’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The company’s strategic growth initiatives and stable valuation metrics support a positive outlook, while technical indicators show moderate stability in the market.

To see Spark’s full report on CBAN stock, click here.

More about Colony Bankcorp

Colony Bankcorp, Inc. is a bank holding company for Colony Bank, founded in 1975 and operating in Georgia, Alabama, and Florida. It offers a range of banking solutions, including mortgage lending, government guaranteed lending, consumer insurance, wealth management, credit cards, and merchant services. TC Bancshares, Inc., established in 1934, is the holding company for TC Federal Bank, serving Northern Florida and Southern Georgia with personal and business banking, as well as real estate lending.

Average Trading Volume: 56,581

Technical Sentiment Signal: Buy

Current Market Cap: $309.3M

For a thorough assessment of CBAN stock, go to TipRanks’ Stock Analysis page.