Colony Bankcorp (CBAN) AI Stock Analysis

• Market Cap: $390.38M
• Dividend Yield: 2.51%
• Average Volume (3M): 75.55K
• Price to Earnings (P/E): 11.5
• Beta (1Y): 0.88
• Revenue Growth: 6.92%
• EPS Growth: 26.93%
• Country: US
• Employees: 443
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.47
• Shares Outstanding: 21,274,380
• 10 Day Avg. Volume: 112,396
• 30 Day Avg. Volume: 75,549
• PEG Ratio: 1.23
• Price to Book (P/B): 1.02
• Price to Sales (P/S): 1.60
• P/FCF Ratio: 12.70
• Enterprise Value/Market Cap: 1.33
• Enterprise Value/Revenue: 2.81
• Enterprise Value/Gross Profit: 4.24
• Enterprise Value/Ebitda: 12.42
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 1.78
• Revenue Forecast (FY): $134.40M

• Rating: 80 Outperform
• Price Target: $20.00 ▲(17.65% Upside)

Colony Bankcorp's overall stock score reflects its strong financial performance, positive technical indicators, and strategic growth through the merger with TC Bancshares. While the company faces some operational challenges, its valuation remains attractive, and the merger is expected to drive future growth.

Positive Factors

Merger with TC Bancshares

The merger with TC Bancshares significantly enhances Colony Bankcorp's market presence and service capabilities, positioning it as a leading community bank in the Southeast. This strategic move is expected to drive long-term growth by expanding its customer base and geographic reach.

Strong Loan Growth

Consistent loan growth indicates robust demand for Colony Bankcorp's financial products, supporting revenue expansion. This trend aligns with long-term growth projections and reflects effective market penetration and customer acquisition strategies.

Net Interest Margin Expansion

The expansion in net interest margin demonstrates effective pricing strategies and operational efficiency, contributing to improved profitability. Sustained margin growth enhances the company's ability to generate income from its core lending activities.

Negative Factors

Increasing Debt Levels

While the current debt levels are manageable, the historical trend of increasing debt could pose risks if not carefully managed. Rising debt levels may limit financial flexibility and increase interest expenses, impacting long-term financial stability.

Higher Operating Expenses

Rising operating expenses can erode profitability margins and indicate potential inefficiencies. If not controlled, this trend could impact the company's ability to maintain its competitive cost structure and profitability in the long term.

Slowdown in Loan Growth

A slowdown in loan growth could signal weakening demand for financial products, potentially affecting future revenue streams. This trend may reflect broader economic uncertainties and could impact the company's growth trajectory if it persists.

Colony Bankcorp Business Overview & Revenue Model

Company Description

Colony Bankcorp (CBAN) is a publicly traded bank holding company based in Georgia, primarily engaged in providing a range of banking and financial services through its subsidiary, Colony Bank. The company operates in the financial services sector and offers products such as personal and commercial banking, mortgage loans, and treasury management services. Colony Bank caters to individuals, small to medium-sized businesses, and various organizations, focusing on community-oriented banking solutions.

How the Company Makes Money

Colony Bankcorp generates revenue primarily through interest income from loans and investments, which constitutes a significant portion of its earnings. The company offers various types of loans, including commercial loans, consumer loans, and real estate mortgages, earning interest on these financial products. Additionally, Colony Bankcorp earns non-interest income through service fees, transaction fees, and other banking services, including wealth management and treasury services. The bank also benefits from strategic partnerships that may enhance its service offerings and customer base, contributing positively to its overall financial performance.

Colony Bankcorp Financial Statement Overview

Summary

Colony Bankcorp shows strong financial health with consistent revenue growth and solid profitability margins. The balance sheet is stable, though increasing debt levels warrant attention. Cash flow generation is impressive, supporting the company's financial flexibility.

Income Statement

Colony Bankcorp demonstrates solid revenue growth with a TTM revenue growth rate of 2.30%. The company maintains healthy margins, with a gross profit margin of 64.95% and a net profit margin of 15.15% in the TTM. EBIT and EBITDA margins are also strong, indicating efficient operations. However, the slight decline in gross profit margin over the years suggests potential cost pressures.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.63 in the TTM, showing a manageable level of leverage. Return on equity is at 9.74%, indicating effective use of equity to generate profits. The equity ratio is stable, suggesting a solid capital structure. However, the historical trend of increasing debt levels could pose future risks if not managed carefully.

Cash Flow

The cash flow statement shows a robust free cash flow growth rate of 42.20% in the TTM, highlighting strong cash generation capabilities. The operating cash flow to net income ratio is low, suggesting potential improvements in cash conversion. The free cash flow to net income ratio is high, indicating efficient cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	184.78M	176.62M	160.55M	126.56M	106.88M	87.37M
Gross Profit	122.55M	112.40M	110.28M	112.33M	101.78M	72.93M
EBITDA	41.87M	37.70M	35.91M	34.48M	31.78M	20.49M
Net Income	27.84M	23.87M	21.75M	19.54M	18.66M	11.81M
Balance Sheet
Total Assets	3.15B	3.11B	3.05B	2.94B	2.69B	1.76B
Cash, Cash Equivalents and Short-Term Investments	330.55M	64.84M	432.72M	453.14M	957.14M	398.03M
Total Debt	0.00	248.04M	238.44M	203.35M	88.45M	60.29M
Total Liabilities	2.85B	2.83B	2.80B	2.71B	2.47B	1.62B
Stockholders Equity	302.33M	278.68M	254.94M	230.27M	217.71M	144.49M
Cash Flow
Free Cash Flow	44.39M	22.32M	17.36M	46.85M	30.27M	-23.34M
Operating Cash Flow	44.96M	23.40M	20.98M	49.74M	36.10M	-19.09M
Investing Cash Flow	-38.77M	101.16M	-98.75M	-448.23M	-208.33M	-130.27M
Financing Cash Flow	48.92M	23.15M	80.41M	281.93M	185.95M	228.77M

Colony Bankcorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CBAN, the sentiment is Positive. The current price of 17 is below the 20-day moving average (MA) of 17.66, above the 50-day MA of 16.80, and above the 200-day MA of 16.25, indicating a bullish trend. The MACD of 0.51 indicates Negative momentum. The RSI at 69.17 is Neutral, neither overbought nor oversold. The STOCH value of 79.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CBAN.

Colony Bankcorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CBAN	80 Outperform	$390.38M	11.53	9.63%	2.51%	6.92%	26.93%
CZNC	77 Outperform	$374.02M	12.01	9.42%	5.33%	5.76%	21.85%
PCB	77 Outperform	$325.57M	9.52	9.38%	3.50%	10.93%	42.68%
FSBW	75 Outperform	$324.95M	10.55	10.77%	3.10%	4.43%	-12.94%
FNLC	72 Outperform	$312.68M	9.91	11.86%	5.24%	10.46%	18.70%
PLBC	70 Neutral	$320.86M	10.80	12.34%	2.60%	11.98%	-10.12%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Colony Bankcorp Corporate Events

Colony Bankcorp Completes Merger with TC Bancshares

On December 1, 2025, Colony Bankcorp, Inc. completed its merger with TC Bancshares, Inc., resulting in Colony Bankcorp becoming one of the leading community banks in the Southeast with approximately $3.7 billion in total assets. TC Bancshares shareholders received either cash or Colony common stock as part of the merger agreement. The merger is expected to expand Colony’s presence and deepen its service across key Georgia and Florida markets, with full integration anticipated in early 2026.

Colony Bankcorp Receives Approval for TC Bancshares Merger

On November 13, 2025, Colony Bankcorp, Inc. held a special meeting where shareholders approved the issuance of common stock for a merger with TC Bancshares, Inc., and the adjournment proposal to solicit additional proxies if needed. By November 17, 2025, the company announced it had received all necessary regulatory approvals for the merger, which is expected to close on December 1, 2025. This merger positions Colony as a leading community bank in the Southeast with approximately $3.8 billion in total assets, enhancing its market presence and service capabilities.

Colony Bankcorp Enters Equity Distribution Agreement

On November 3, 2025, Colony Bankcorp, Inc. and its subsidiary, Colony Bank, entered into an Equity Distribution Agreement with Piper Sandler & Co. to issue and sell up to $40 million of the company’s common stock. The proceeds from this offering are intended for general corporate purposes, including supporting the bank’s lending and investing activities, repaying debt, and funding strategic initiatives. The agreement allows for flexible sales methods and includes customary terms and conditions, with no obligation for the company to sell any stock.

Colony Bankcorp Reports Q3 2025 Financial Results

Colony Bankcorp reported its third quarter 2025 financial results, highlighting a net income of $5.8 million, a slight decrease from the previous quarter. The company declared a quarterly cash dividend of $0.1150 per share. Despite a decrease in net income, operating net income increased to $8.2 million, driven by a rise in operating revenue and net interest margin expansion. The company also noted strong loan growth and a progressing merger with TC Federal Bank, expected to close in the fourth quarter. Total assets increased to $3.15 billion, with significant growth in loans and deposits. The company maintains a strong capital position, exceeding regulatory requirements.