Colony Bankcorp
Market Cap
US$138.2m
Last Updated
2021/01/17 23:38 UTC
Data Sources
Company Financials +
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless 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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CBAN's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.3%
CBAN
0.8%
US Banks
-1.0%
US Market
1 Year Return
-5.9%
CBAN
-7.2%
US Banks
19.6%
US Market
Return vs Industry: CBAN exceeded the US Banks industry which returned -7.2% over the past year.
Return vs Market: CBAN underperformed the US Market which returned 19.6% over the past year.
Shareholder returns
| CBAN | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.3% | 0.8% | -1.0% |
| 30 Day | 3.0% | 13.4% | 2.3% |
| 90 Day | 18.9% | 40.1% | 13.1% |
| 1 Year | -2.8%-5.9% | -3.8%-7.2% | 22.3%19.6% |
| 3 Year | 7.6%1.0% | 1.6%-7.1% | 45.3%35.7% |
| 5 Year | 66.9%55.6% | 87.4%63.6% | 124.8%99.8% |
Long-Term 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
3 days ago | Simply Wall St
Colony Bankcorp (NASDAQ:CBAN) Shareholders Booked A 58% Gain In The Last Five Years4 weeks ago | Simply Wall St
What Makes Colony Bankcorp, Inc. (NASDAQ:CBAN) A Great Dividend Stock?1 month ago | Simply Wall St
What Kind Of Shareholders Hold The Majority In Colony Bankcorp, Inc.'s (NASDAQ:CBAN) Shares?Valuation
Is Colony Bankcorp undervalued compared to its fair value and its price relative to the market?
14.29x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CBAN ($14.55) is trading above our estimate of fair value ($13.03)
Significantly Below Fair Value: CBAN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CBAN is poor value based on its PE Ratio (14.3x) compared to the US Banks industry average (12.3x).
PE vs Market: CBAN is good value based on its PE Ratio (14.3x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: CBAN is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: CBAN's PB Ratio (1x) is in line with the US Banks industry average.
Next Steps
Future Growth
How is Colony Bankcorp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
17.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CBAN's forecast earnings growth (17.1% per year) is above the savings rate (2%).
Earnings vs Market: CBAN's earnings (17.1% per year) are forecast to grow slower than the US market (21.5% per year).
High Growth Earnings: CBAN's earnings are forecast to grow, but not significantly.
Revenue vs Market: CBAN's revenue (6.2% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: CBAN's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CBAN's Return on Equity is forecast to be low in 3 years time (10.1%).
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Past Performance
How has Colony Bankcorp performed over the past 5 years?
11.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CBAN has a high level of non-cash earnings.
Growing Profit Margin: CBAN's current net profit margins (14.1%) are lower than last year (18.1%).
Past Earnings Growth Analysis
Earnings Trend: CBAN's earnings have grown by 11% 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 (-7.2%) over the past year, making it difficult to compare to the Banks industry average (-4.4%).
Return on Equity
High ROE: CBAN's Return on Equity (6.9%) is considered low.
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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 Assets to Equity ratio (12.5x) is moderate.
Allowance for Bad Loans: CBAN has a sufficient allowance for bad loans (111%).
Low Risk Liabilities: 87% of CBAN's liabilities are made up of primarily low risk sources of funding.
Loan Level: CBAN has an appropriate level of Loans to Assets ratio (62%).
Low Risk Deposits: CBAN's Loans to Deposits ratio (77%) is appropriate.
Level of Bad Loans: CBAN has an appropriate level of bad loans (0.9%).
Next Steps
Dividend
What is Colony Bankcorp current dividend yield, its reliability and sustainability?
2.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CBAN's dividend (2.75%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: CBAN's dividend (2.75%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CBAN has been paying a dividend for less than 10 years.
Growing Dividend: CBAN's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.8%), CBAN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CBAN's dividends in 3 years are forecast to be well covered by earnings (27.5% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
T. Fountain (45 yo)
2.5yrs
Tenure
US$384,431
Compensation
Mr. T. Heath Fountain, CPA, has been President, Chief Executive Officer and Director of Colony Bankcorp, Inc. since July 2018. Mr. Fountain served as Chief Executive Officer of Planters First Bank since Ju...
CEO Compensation Analysis
Compensation vs Market: T.'s total compensation ($USD384.43K) is about average for companies of similar size in the US market ($USD535.60K).
Compensation vs Earnings: T.'s compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.5yrs | US$384.43k | 0.34% $ 469.6k | |
| Director | 30.83yrs | US$243.23k | 1.07% $ 1.5m | |
| Chief Banking Officer & Executive VP | no data | US$213.77k | no data | |
| Executive VP | 1.58yrs | no data | no data | |
| Executive VP & Chief Administrative Officer | 2.5yrs | no data | 0.041% $ 56.4k | |
| Executive VP | 1.67yrs | no data | 0.12% $ 169.6k | |
| Chief People Officer | 1.58yrs | no data | no data | |
| Executive Vice President | 20.67yrs | US$178.90k | no data | |
| Executive Vice President and West Regional Banking Executive Officer | 9.58yrs | no data | 0.12% $ 168.0k | |
| President of Small Business Specialty Lending Group | 1.5yrs | no data | no data | |
| Senior VP & Director of the Homebuilder Finance Division | 1.08yrs | no data | no data | |
| Senior VP & Commercial Banker | 0.17yr | no data | no data |
1.6yrs
Average Tenure
58yo
Average Age
Experienced Management: CBAN's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.5yrs | US$384.43k | 0.34% $ 469.6k | |
| Director | 30.83yrs | US$243.23k | 1.07% $ 1.5m | |
| Independent Director | 8.67yrs | US$20.40k | 0.42% $ 582.0k | |
| Independent Chairman of the Board | 4.58yrs | US$50.59k | 0.64% $ 879.7k | |
| Independent Director | 13.67yrs | US$34.62k | 5.06% $ 7.0m | |
| Independent Vice Chairman of the Board | 3.58yrs | US$27.69k | 0.29% $ 406.0k | |
| Independent Director | 9yrs | US$32.59k | 2.3% $ 3.2m | |
| Independent Director | 1.83yrs | US$17.14k | 0.034% $ 47.2k | |
| Independent Director | 1.83yrs | US$18.46k | 0.053% $ 72.8k |
4.6yrs
Average Tenure
56yo
Average Age
Experienced Board: CBAN's board of directors are considered experienced (4.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
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$138.207m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CBAN | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Mar 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, includ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 23:38 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.