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Colony Bankcorp: 3Q Earnings Snapshot

FITZGERALD, Ga. (AP) _ Colony Bankcorp Inc. (CBAN) on Thursday reported third-quarter earnings of $2.7 million.

The Fitzgerald, Georgia-based bank said it had earnings of 32 cents per share. Earnings, adjusted for non-recurring costs, were 34 cents per share.

The bank holding company posted revenue of $14.7 million in the period. Its revenue net of interest expense was $12.5 million, which beat Street forecasts.

Colony Bankcorp shares have risen 20 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.55, a rise of 30 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBAN at https://www.zacks.com/ap/CBAN