Recap: Colony Bankcorp Q4 Earnings

Colony Bankcorp (NASDAQ:CBAN) reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:30 PM. Here’s what…

Colony Bankcorp (NASDAQ:CBAN) reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:30 PM.

Here’s what investors need to know about the announcement.

Earnings

Colony Bankcorp missed estimated earnings by 3.12%, reporting an EPS of $0.31 versus an estimate of $0.32.

Revenue was down $907 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 1.69% increase in the share price the next day.

Here’s a look at Colony Bankcorp’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.32 0.29 0.28 0.35
EPS Actual 0.34 0.33 0.31 0.31
Revenue Estimate 28.67M 28.46M 29.24M 29.67M
Revenue Actual 29.34M 28.13M 28.23M 29.09M

To track all earnings releases for Colony Bankcorp visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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