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An announcement from Colony Bankcorp ( (CBAN) ) is now available.
On January 19, 2025, Colony Bankcorp’s wholly-owned subsidiary, Colony Bank, renewed Leonard Bateman Jr.’s contract as Chief Credit Officer with a two-year term, including a base salary and performance-based bonus. The company also reported its fourth quarter 2024 financial results, showing an increase in net income and operating net income compared to previous quarters, alongside a boost in deposits and noninterest income. The company declared a cash dividend, reflecting a focus on strategic growth and stakeholder value.
More about Colony Bankcorp
Colony Bankcorp, Inc. is the bank holding company for Colony Bank, founded in Fitzgerald, Georgia in 1975. It operates throughout Georgia and has expanded to Birmingham, Alabama, and the Florida Panhandle, offering a range of personal and business banking solutions, including mortgage and government-guaranteed lending.
YTD Price Performance: 1.26%
Average Trading Volume: 40,676
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $280.8M
For an in-depth examination of CBAN stock, go to TipRanks’ Stock Analysis page.
