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Colony Bankcorp (CBAN)
NYSE:CBAN
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.41Last Year’s EPS
0.34Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: -0.32%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook with strong growth in loans and deposits. Despite a decline in noninterest income and market volatility concerns, the company has launched a new credit card program and completed an accretive acquisition. The highlights suggest a generally optimistic future, although some challenges remain.Company Guidance
During the Colony Bank First Quarter 2025 Conference Call, the bank reported a 17% annualized loan growth for the first quarter, which was higher than anticipated due to strong loan production and fewer payoffs. The net interest margin improved by 9 basis points to 2.93%, driven by increases in net interest income and a reduction in the cost of funds to 2.07%. Total deposits grew by $54.6 million with an 8.5% annualized increase. Despite a $1.7 million decline in operating non-interest income due to seasonal factors, the bank remains optimistic about future revenue opportunities, particularly in SBSL and mortgage pipelines. The acquisition of Ellerbee Agency is expected to be EPS accretive, contributing to the bank's strategic focus on growing noninterest income. The bank's effective tax rate was slightly over 20%, in line with previous guidance. Additionally, net charge-offs were $606,000, and non-performing assets stood at $12.4 million. The bank anticipates continued loan growth and is well-positioned for potential rate cuts, which could further improve the net interest margin.Strong Loan Growth
First quarter annualized loan growth was 17%, surpassing expectations. This was due to strong loan production and fewer payoffs than anticipated.
Increased Deposits
Deposits increased by 8.5% on an annualized basis, adding close to $55 million for the quarter.
Credit Card Program Launch
Successfully launched a new credit card program for both consumer and commercial markets, expected to generate significant noninterest income.
Net Interest Margin Improvement
Net interest margin increased by 9 basis points to 2.93%, up from 2.84% in the prior quarter.
EPS Accretive Acquisition
Announced the acquisition of Ellerbee Agency, which will be EPS accretive and strengthen the Insurance division.
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CBAN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CBAN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | $15.46 | $15.52 | +0.39% |
| Jan 22, 2025 | $15.59 | $16.84 | +8.02% |
| Oct 23, 2024 | $15.18 | $14.91 | -1.78% |
| Jul 24, 2024 | $13.69 | $13.84 | +1.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Colony Bankcorp (CBAN) report earnings?
Colony Bankcorp (CBAN) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Colony Bankcorp (CBAN) earnings time?
Colony Bankcorp (CBAN) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CBAN EPS forecast?
CBAN EPS forecast for the fiscal quarter 2025 (Q2) is 0.41.
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