Terry L. Hester Sells 1,576 Shares of Colony Bankcorp, Inc. (CBAN) Stock
Colony Bankcorp, Inc. (NASDAQ:CBAN) insider Terry L. Hester sold 1,576 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $13.90, for a total transaction of $21,906.40. Following the transaction, the insider now owns 109,873 shares of the company’s stock, valued at approximately $1,527,234.70. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Colony Bankcorp, Inc. (NASDAQ CBAN) traded down $0.05 during trading hours on Friday, hitting $14.25. 952 shares of the stock traded hands, compared to its average volume of 3,459. The company has a market cap of $120.26, a price-to-earnings ratio of 14.02 and a beta of 1.14. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.88. Colony Bankcorp, Inc. has a 12 month low of $9.45 and a 12 month high of $14.55.
Colony Bankcorp (NASDAQ:CBAN) last released its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $0.30 earnings per share for the quarter. The company had revenue of $12.27 million during the quarter. Colony Bankcorp had a net margin of 17.00% and a return on equity of 10.68%.
A hedge fund recently raised its stake in Colony Bankcorp stock. Dimensional Fund Advisors LP boosted its holdings in Colony Bankcorp, Inc. (NASDAQ:CBAN) by 0.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 113,253 shares of the financial services provider’s stock after purchasing an additional 714 shares during the quarter. Dimensional Fund Advisors LP owned about 1.34% of Colony Bankcorp worth $1,552,000 at the end of the most recent quarter. Institutional investors and hedge funds own 14.98% of the company’s stock.
About Colony Bankcorp
Colony Bankcorp, Inc (Colony) is a bank holding company. The Company operates through its subsidiary, Colony Bank (the Bank). The Bank offers traditional banking products and services to commercial and consumer customers in its markets. The Bank’s product line includes 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, consumer loans and a range of demand, savings and time deposit products, among others.
Receive News & Ratings for Colony Bankcorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colony Bankcorp Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.