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Colony Bankcorp CBAN Q3 2024 earnings

Reported October 23, 2024 · After market close

Revenue$28.6MMiss by $77.0K
EPS$0.32Miss by $0.01
Revenue estimate$28.7M
EPS estimate$0.33

Next report

Oct 28, 2026 (in 3 months)
Revenue estimate$41.5M
EPS estimate$0.50

Financials

Q3 2024

Income statement

See full
Revenue$28.6M-2.4%
Net income$5.6M-3.0%
EPS (diluted)$0.32-3.0%

Balance sheet

See full
Cash & equivalents$144.9M+2.5%
Total debt$248.0M-0.2%
Total equity$276.1M+15.7%
Total assets$3.1B-0.9%

Cash flow

See full
Operating cash flow$20.5M+140%
CapEx$287.0K-68.5%
Free cash flow$20.2M+165%

Valuation & ratios

Valuation

as of 09/30/24
See full
Market cap$272.39M+55.2%
Enterprise value$375.55M+32.9%
P/E12.4×+4.3×
P/S2.4×+0.9×

Profitability

See full
Net margin19.5%+0.6pp
FCF margin27.7%

Returns & leverage

See full
Return on equity8.6%-0.8pp
Debt / equity0.9×-0.1×

Segments

By product

See full
Mortgage Banking$2.4M+9.1%
Credit Card$2.2M-1.8%
Bank Servicing$1.8M+4.7%

By segment

See full
Mortgage$1.5M
Bank-+100%

Versus estimates

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Questions, answered.

When did Colony Bankcorp report Q3 2024 earnings?
Colony Bankcorp (CBAN) reported Q3 2024 earnings on October 23, 2024 after market close.
What were Colony Bankcorp's Q3 2024 revenue and EPS?
Colony Bankcorp reported revenue of $28.6M and eps of $0.32 for Q3 2024.
Did Colony Bankcorp beat estimates in Q3 2024?
Revenue missed the consensus estimate of $28.7M by $77.0K. EPS missed the consensus estimate of $0.33 by $0.01.
Where can I find Colony Bankcorp's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0000711669-24-000128) directly on SEC EDGAR. The filing index links above go to sec.gov.