Colony Bankcorp (CBAN) AI Stock Analysis

• Market Cap: $306.97M
• Dividend Yield: 2.6%
• Average Volume (3M): 56.16K
• Price to Earnings (P/E): 11.6
• Beta (1Y): 0.99
• Revenue Growth: 7.07%
• EPS Growth: 24.85%
• Country: US
• Employees: 443
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.46
• Shares Outstanding: 17,461,418
• 10 Day Avg. Volume: 53,882
• 30 Day Avg. Volume: 56,163
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.65
• Enterprise Value/Revenue: 2.78
• Enterprise Value/Gross Profit: 4.28
• Enterprise Value/Ebitda: 12.19
• 1Y Price Target: $18.50
• Price Target Upside: 5.23% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 74 Outperform
• Price Target: $18.50 ▲(5.23% Upside)

Colony Bankcorp's strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The technical analysis indicates a neutral trend, while the valuation suggests the stock is reasonably priced. The strategic merger with TC Bancshares is a key highlight, expected to enhance long-term growth.

Colony Bankcorp Business Overview & Revenue Model

Company Description

Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers. The company offers various deposit products, including demand, savings, and time deposits. It also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans. In addition, the company offers internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, and remote depository products, as well as access to a network of ATMs. As of January 20, 2022, it operated 39 locations throughout Georgia. The company was founded in 1975 and is headquartered in Fitzgerald, Georgia.

How the Company Makes Money

Colony Bankcorp generates revenue primarily through interest income earned on loans and investments. The company extends various types of loans, including commercial, consumer, and real estate loans, which typically yield higher interest rates compared to deposit accounts. Additionally, the bank earns non-interest income from service fees, transaction charges, and asset management services. Significant partnerships with local businesses and community organizations enhance customer acquisition and retention, contributing to its earnings. The bank also focuses on expanding its branch network and digital banking services to drive growth in deposits and loan demand.

Colony Bankcorp Financial Statement Overview

Summary

Colony Bankcorp shows strong financial performance with solid revenue growth, effective cost management, and robust cash flow generation. The company maintains healthy profit margins and a balanced capital structure, although there is room for improvement in leveraging the equity base.

Income Statement

Colony Bankcorp demonstrates solid financial performance with a strong revenue growth trajectory and improving profit margins. The TTM (Trailing-Twelve-Months) period shows a gross profit margin of approximately 63.8% and a net profit margin of around 14.1%, reflecting effective cost management and operational efficiency. The revenue growth rate from 2023 to TTM is about 11.1%, indicating a positive growth trend. Both EBIT and EBITDA margins are healthy, at 17.4% and 21.9% respectively, highlighting strong operational performance.

Balance Sheet

The balance sheet of Colony Bankcorp is stable with a moderate debt-to-equity ratio of 0.64, indicating a balanced leverage position. The equity ratio stands at approximately 9.0%, which suggests a modest reliance on equity financing. However, the return on equity (ROE) is strong at 8.8%, reflecting effective utilization of equity capital to generate profits. While the equity ratio could be improved to enhance financial stability, the current structure supports growth and profitability.

Cash Flow

Colony Bankcorp's cash flow statement reveals a strong operational cash flow to net income ratio of 1.44, indicating efficient cash conversion from earnings. The free cash flow growth rate is robust at 56.7% from the previous year, demonstrating effective capital management and operational efficiency. The free cash flow to net income ratio of 1.39 further underscores the company's ability to generate cash beyond its earnings, providing flexibility for reinvestment and debt repayment.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	182.49M	176.62M	160.55M	126.56M	106.88M	87.37M
Gross Profit	118.53M	112.40M	110.28M	112.33M	101.78M	72.93M
EBITDA	41.66M	37.70M	35.91M	34.48M	31.78M	20.49M
Net Income	27.65M	23.87M	21.75M	19.54M	18.66M	11.81M
Balance Sheet
Total Assets	3.12B	3.11B	3.05B	2.94B	2.69B	1.76B
Cash, Cash Equivalents and Short-Term Investments	401.16M	64.84M	432.72M	453.14M	957.14M	398.03M
Total Debt	185.00M	248.04M	238.44M	203.35M	88.45M	60.29M
Total Liabilities	2.82B	2.83B	2.80B	2.71B	2.47B	1.62B
Stockholders Equity	293.86M	278.68M	254.94M	230.27M	217.71M	144.49M
Cash Flow
Free Cash Flow	49.76M	22.32M	17.36M	46.85M	30.27M	-23.34M
Operating Cash Flow	51.04M	23.40M	20.98M	49.74M	36.10M	-19.09M
Investing Cash Flow	-85.97M	101.16M	-98.75M	-448.23M	-208.33M	-130.27M
Financing Cash Flow	65.07M	23.15M	80.41M	281.93M	185.95M	228.77M

Colony Bankcorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.58
• 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 17.58 is above the 20-day moving average (MA) of 17.25, above the 50-day MA of 16.89, and above the 200-day MA of 16.17, indicating a bullish trend. The MACD of 0.25 indicates Negative momentum. The RSI at 56.43 is Neutral, neither overbought nor oversold. The STOCH value of 68.73 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
LNKB	80 Outperform	275.25M	7.31	12.55%	4.08%	39.91%	0.00%
PCB	78 Outperform	307.66M	10.36	7.09%	3.64%	11.93%	29.49%
OBT	75 Outperform	347.97M	10.45	11.70%	1.98%	6.60%	-16.86%
CBAN	74 Outperform	$306.97M	11.57	9.90%	2.60%	7.07%	24.85%
SFST	73 Outperform	369.60M	16.76	6.33%	―	4.79%	58.67%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Colony Bankcorp Corporate Events

Colony Bankcorp Announces Strategic Acquisition of TC Bancshares

Colony Bankcorp reported a strong financial performance for the second quarter of 2025, with net income rising to $8.0 million compared to $6.6 million in the previous quarter. The company declared a quarterly cash dividend of $0.1150 per share and announced a strategic acquisition of TC Bancshares, Inc. to expand its market reach. Despite a decrease in total deposits, the company saw an increase in total loans and maintained a strong capital position. The company’s net interest margin improved, and credit quality remained solid, reflecting a resilient portfolio. The strategic acquisition is expected to enhance long-term value for shareholders.

Colony Bankcorp Announces Merger with TC Bancshares

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.

Colony Bankcorp Releases Updated Investor Presentation

On May 27, 2025, Colony Bankcorp, Inc. released an updated investor presentation for upcoming meetings with investors and stakeholders. The presentation highlights the bank’s strategic focus on organic growth, efficiency improvements, and expanding its customer base. The company aims to leverage its presence in dynamic growth markets and capitalize on opportunities in second-tier markets to enhance market share and revenue streams.

Colony Bankcorp Holds Annual Meeting, Votes on Key Proposals

On May 22, 2025, Edward P. Loomis, Jr. retired from the Board of Directors of Colony Bankcorp, Inc. and Colony Bank, with no disagreements related to company operations. The same day, Colony Bankcorp held its Annual Meeting, where shareholders voted on five proposals, including the election of eight directors and the approval of the executive compensation plan, stock purchase plan, and the appointment of Mauldin & Jenkins, LLC as the independent accounting firm.