NasdaqGM:CBAN

Stock Analysis Report

Executive Summary

Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and retail customers.


Snowflake Analysis

Excellent balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has Colony Bankcorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CBAN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

9.8%

CBAN

14.6%

US Banks

9.4%

US Market


1 Year Return

-31.9%

CBAN

-24.3%

US Banks

-6.8%

US Market

Return vs Industry: CBAN underperformed the US Banks industry which returned -26% over the past year.

Return vs Market: CBAN underperformed the US Market which returned -8.1% over the past year.


Shareholder returns

CBANIndustryMarket
7 Day9.8%14.6%9.4%
30 Day-2.3%-4.4%-3.9%
90 Day-20.8%-33.9%-16.5%
1 Year-30.6%-31.9%-22.0%-24.3%-4.8%-6.8%
3 Year-7.3%-11.2%-8.3%-15.1%23.4%15.2%
5 Year54.2%47.5%16.7%3.3%41.3%25.7%

Price Volatility Vs. Market

How volatile is Colony Bankcorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Colony Bankcorp undervalued compared to its fair value and its price relative to the market?

3.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CBAN ($12.08) is trading below our estimate of fair value ($12.56)

Significantly Below Fair Value: CBAN is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CBAN is poor value based on its PE Ratio (10.8x) compared to the Banks industry average (8.8x).

PE vs Market: CBAN is good value based on its PE Ratio (10.8x) compared to the US market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CBAN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CBAN is overvalued based on its PB Ratio (0.9x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Colony Bankcorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-4.6%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Colony Bankcorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Colony Bankcorp performed over the past 5 years?

16.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBAN has high quality earnings.

Growing Profit Margin: CBAN's current net profit margins (16.6%) are lower than last year (23.7%).


Past Earnings Growth Analysis

Earnings Trend: CBAN's earnings have grown by 16.3% per year over the past 5 years.

Accelerating Growth: CBAN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CBAN had negative earnings growth (-14.3%) over the past year, making it difficult to compare to the Banks industry average (10.8%).


Return on Equity

High ROE: CBAN's Return on Equity (7.8%) is considered low.


Next Steps

Financial Health

How is Colony Bankcorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CBAN's level of assets compared to its equity is moderate.

Allowance for Bad Loans: CBAN has a low allowance for bad loans.

Low Risk Liabilities: CBAN's liabilities are made up of primarily low risk sources of funding.

Loan Level: CBAN has an acceptable proportion of non-loan assets held.

Low Risk Deposits: CBAN's loans are broadly funded by customer deposits.

Level of Bad Loans: CBAN has an appropriate level of bad loans (1.01%)


Next Steps

Dividend

What is Colony Bankcorp's current dividend yield, its reliability and sustainability?

3.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CBAN's dividend (3.31%) is higher than the bottom 25% of dividend payers in the US market (1.89%).

High Dividend: CBAN's dividend (3.31%) is low compared to the top 25% of dividend payers in the US market (5.26%).


Stability and Growth of Payments

Stable Dividend: CBAN's dividend payments have been volatile in the past 10 years.

Growing Dividend: CBAN's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.8%), CBAN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

T. Fountain (44yo)

1.75s

Tenure

US$399,970

Compensation

Mr. T. Heath Fountain, CPA, has been President, Chief Executive Officer and Director of Colony Bankcorp, Inc. since July 2018. Mr. Fountain served as Chief Executive Officer of Planters First Bank since Ju ...


CEO Compensation Analysis

Compensation vs Market: T.'s total compensation ($USD399.97K) is below average for companies of similar size in the US market ($USD614.05K).

Compensation vs Earnings: Insufficient data to compare T.'s compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
T. Fountain
CEO, President & Director1.75yrsUS$399.97k0.26% $298.7k
Terry Hester
Director30.08yrsUS$253.38k1.04% $1.2m
J. Cook
Executive VP & Chief Credit Officer0.92yrUS$173.26k0.070% $80.4k
M. Hoyle
Chief Banking Officerno dataUS$184.34kno data
Tracie Youngblood
Executive VP0.83yrno datano data
Kimberly Dockery
Executive VP & Chief Administrative Officer1.75yrsno data0.032% $36.2k
Edward Bagwell
Executive VP0.92yrno data0.061% $69.4k
Lawrence Whitley
Chief People Officer0.83yrno datano data
Walter Patten
President & CEO19.92yrsUS$178.90kno data
M. Edward Hoyle
Executive Vice President and West Regional Banking Executive Officer8.83yrsno data0.075% $86.3k

1.3yrs

Average Tenure

57yo

Average Age

Experienced Management: CBAN's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
T. Fountain
CEO, President & Director1.75yrsUS$399.97k0.26% $298.7k
Terry Hester
Director30.08yrsUS$253.38k1.04% $1.2m
Edward Loomis
Director7.92yrsUS$351.20k0.42% $483.2k
Mark Massee
Chairman of the Board3.83yrsUS$45.60k0.64% $730.4k
Jonathan W. Ross
Independent Director12.92yrsUS$28.40k1.96% $2.3m
Michael Dwozan
Vice Chairman of the Board2.83yrsUS$24.60k0.29% $337.1k
Scott Downing
Independent Director8.25yrsUS$31.20k2.3% $2.6m
Meagan Mowry
Independent Director1.08yrsno datano data
Matthew Reed
Independent Director1.08yrsno data0.042% $48.3k

3.8yrs

Average Tenure

55yo

Average Age

Experienced Board: CBAN's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CBAN insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.2%.


Top Shareholders

Company Information

Colony Bankcorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Colony Bankcorp, Inc.
  • Ticker: CBAN
  • Exchange: NasdaqGM
  • Founded: 1975
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$114.745m
  • Shares outstanding: 9.50m
  • Website: https://www.colonybank.com

Number of Employees


Location

  • Colony Bankcorp, Inc.
  • 115 South Grant Street
  • Fitzgerald
  • Georgia
  • 31750
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBANNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDMar 1998

Biography

Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and retail customers. It offers various deposit products, including demand, savings, and time deposits. The company 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, it 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 July 3, 2019, the company operated 29 branches located in central, south, and coastal Georgia. Colony Bankcorp, Inc. was founded in 1975 and is headquartered in Fitzgerald, Georgia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 00:11
End of Day Share Price2020/04/09 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.