Colony Bankcorp Inc (NASDAQ:CBAN) CEO T Heath Fountain bought 10,000 shares of the company’s stock in a transaction on Friday, August 10th. The shares were acquired at an average price of $17.39 per share, with a total value of $173,900.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
CBAN opened at $17.75 on Thursday. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.78 and a quick ratio of 0.78. Colony Bankcorp Inc has a 12 month low of $11.10 and a 12 month high of $19.50. The firm has a market capitalization of $146.84 million, a P/E ratio of 13.08 and a beta of 0.30.
Colony Bankcorp (NASDAQ:CBAN) last released its quarterly earnings data on Tuesday, July 17th. The financial services provider reported $0.36 EPS for the quarter. Colony Bankcorp had a net margin of 16.63% and a return on equity of 12.77%. The business had revenue of $12.49 million during the quarter.
Colony Bankcorp Company Profile
Colony Bankcorp, Inc operates as the holding company for Colony Bank that provides banking products and services to commercial and consumer customers. It offers various deposit products, including demand, savings, and time deposits. The company also offers 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.
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