- COLONY BANKCORP INC has improved earnings per share by 42.9% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. During the past fiscal year, COLONY BANKCORP INC increased its bottom line by earning $0.37 versus $0.14 in the prior year.
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Commercial Banks industry. The net income increased by 55.5% when compared to the same quarter one year prior, rising from $0.94 million to $1.46 million.
- The gross profit margin for COLONY BANKCORP INC is currently very high, coming in at 83.97%. It has increased significantly from the same period last year. Despite the strong results of the gross profit margin, CBAN's net profit margin of 11.19% significantly trails the industry average.
- CBAN, with its decline in revenue, slightly underperformed the industry average of 2.2%. Since the same quarter one year prior, revenues slightly dropped by 2.7%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Financial sector as a whole closed the day down 0.1% versus the S&P 500, which was up 0.1%. Laggards within the Financial sector included InnSuites Hospitality ( IHT), down 5.3%, First Financial Service ( FFKY), down 3.2%, IFM Investments ( CTC), down 8.0%, Colony Bankcorp ( CBAN), down 3.7% and Eagle Capital Growth Fund ( GRF), down 1.7%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today: Colony Bankcorp ( CBAN) is one of the companies that pushed the Financial sector lower today. Colony Bankcorp was down $0.23 (3.7%) to $6.00 on average volume. Throughout the day, 4,668 shares of Colony Bankcorp exchanged hands as compared to its average daily volume of 3,300 shares. The stock ranged in price between $6.00-$6.12 after having opened the day at $6.00 as compared to the previous trading day's close of $6.23. Colony Bankcorp, Inc. operates as a bank holding company for Colony Bank that provides banking services to its retail and commercial customers. It accepts various deposit products, including demand, savings, and time deposits. Colony Bankcorp has a market cap of $50.7 million and is part of the financial services industry. Shares are down 1.4% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Colony Bankcorp as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Highlights from TheStreet Ratings analysis on CBAN go as follows: