NasdaqGM:CBAN

Stock Analysis Report

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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


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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.8%

CBAN

2.7%

US Banks

-1.1%

US Market


1 Year Return

-19.0%

CBAN

-28.3%

US Banks

15.6%

US Market

Return vs Industry: CBAN exceeded the US Banks industry which returned -26.7% over the past year.

Return vs Market: CBAN underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

CBANIndustryMarket
7 Day2.8%2.7%-1.1%
30 Day27.2%9.8%4.2%
90 Day15.9%2.6%6.3%
1 Year-16.6%-19.0%-25.7%-28.3%18.2%15.6%
3 Year-4.2%-9.5%-17.4%-24.3%39.6%30.4%
5 Year45.5%36.7%17.7%3.1%79.5%59.2%

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?

12.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CBAN ($12.58) is trading above our estimate of fair value ($11.78)

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 (12.4x) compared to the US Banks industry average (10.3x).

PE vs Market: CBAN is good value based on its PE Ratio (12.4x) compared to the US market (19.1x).


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 (0.9x) 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?

15.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBAN's forecast earnings growth (15.9% per year) is above the savings rate (2.2%).

Earnings vs Market: CBAN's earnings (15.9% per year) are forecast to grow slower than the US market (22.1% per year).

High Growth Earnings: CBAN's earnings are forecast to grow, but not significantly.

Revenue vs Market: CBAN's revenue (6.3% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: CBAN's revenue (6.3% 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 (9.8%).


Next Steps

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 high quality 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 (-7.1%) over the past year, making it difficult to compare to the Banks industry average (-4%).


Return on Equity

High ROE: CBAN's Return on Equity (6.9%) 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 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?

3.18%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: CBAN's dividend (3.18%) is higher than the bottom 25% of dividend payers in the US market (1.63%).

High Dividend: CBAN's dividend (3.18%) is low compared to the top 25% of dividend payers in the US market (4.56%).


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 (29% payout ratio).


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

T. Fountain (45 yo)

2.25yrs

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 ($USD384.43K) is below average for companies of similar size in the US market ($USD578.04K).

Compensation vs Earnings: T.'s compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
T. Fountain
CEO, President & Director2.25yrsUS$384.43k0.34%
$ 406.0k
Terry Hester
Director30.58yrsUS$243.23k1.07%
$ 1.3m
M. Hoyle
Chief Banking Officer & Executive VPno dataUS$213.77kno data
Tracie Youngblood
Executive VP1.33yrsno datano data
Kimberly Dockery
Executive VP & Chief Administrative Officer2.25yrsno data0.041%
$ 48.8k
Edward Bagwell
Executive VP1.42yrsno data0.12%
$ 146.7k
Lawrence Whitley
Chief People Officer1.33yrsno datano data
Walter Patten
Executive Vice President20.42yrsUS$178.90kno data
M. Edward Hoyle
Executive Vice President and West Regional Banking Executive Officer9.33yrsno data0.12%
$ 145.3k
Darren Davis
President of Small Business Specialty Lending Group1.25yrsno datano data
Hugh Hollar
Senior VP & Director of the Homebuilder Finance Division0.83yrno datano data
Martha Mulkey
no datano datano data

1.4yrs

Average Tenure

58yo

Average Age

Experienced Management: CBAN's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
T. Fountain
CEO, President & Director2.25yrsUS$384.43k0.34%
$ 406.0k
Terry Hester
Director30.58yrsUS$243.23k1.07%
$ 1.3m
Edward Loomis
Independent Director8.42yrsUS$20.40k0.42%
$ 503.2k
Mark Massee
Independent Chairman of the Board4.33yrsUS$50.59k0.64%
$ 760.6k
Jonathan W. Ross
Independent Director13.42yrsUS$34.62k1.96%
$ 2.3m
Michael Dwozan
Independent Vice Chairman of the Board3.33yrsUS$27.69k0.29%
$ 351.0k
Scott Downing
Independent Director8.75yrsUS$32.59k2.3%
$ 2.7m
Meagan Mowry
Independent Director1.58yrsUS$17.14k0.034%
$ 40.8k
Matthew Reed
Independent Director1.58yrsUS$18.46k0.053%
$ 62.9k

4.3yrs

Average Tenure

56yo

Average Age

Experienced Board: CBAN's board of directors are considered experienced (4.3 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 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$119.495m
  • 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, includ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 23:49
End of Day Share Price2020/10/26 00:00
Earnings2020/09/30
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.