Stock fact sheet · data as of
Colony Bankcorp, Inc. (CBAN): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · Defensive
Is CBAN undervalued?
CBAN closed at 20.03 on 16 Oct 2026, 25% below the GLS average fair value of 26.80 from 9 models (6 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" rule of the Sunday Scan, and the Wheel Score gives it 23 of the 25 Value points.
The 9 models disagree widely: DCF gives 6.86 while Graham Growth gives 57.41. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files CBAN under Defensive: a low beta, a dividend and positive earnings.
Nine valuation models for CBAN
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 6.86 | -66% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 25.29 | +26% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 57.41 | +187% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 22.80 | +14% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 42.48 | +112% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 29.49 | +47% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 32.71 | +63% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 6.99 | -65% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 17.16 | -14% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -146.41 | -831% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: CBAN passes 4 of the nine Piotroski tests. Our screens drop the stock at the health rule; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 4.7 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are thin or negative - ROIC 4.5%, ROE 7.5%, ROA 0.8% - with debt at 0.69 times equity and a free-cash-flow yield of 5.3%.
The dividend yield is 2.37% at a payout ratio of 28%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Mortgage Banking 36%, Credit Card 34%, Bank Servicing 30% (quarter Q2 FY2026).
Institutional ownership scores 8/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 4.5% |
|---|---|---|---|
| GLS Moat | 4.7 / 10 | ROE | 7.5% |
| Debt / equity | 0.69 | ROA | 0.8% |
| Free-cash-flow yield | 5.3% | Payout ratio | 28% |
| Institutions | 8 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 65: Good
CBAN scores 65 out of 100 on the Wheel Score (Good band, 65-79). The score blends the margin of safety (Value, 23/25), Piotroski health (9/20), the GLS moat (7/15), the option premium on offer (19/20) and how easily the stock trades (8/20). Stability (8/20) is the part holding the score back.
Implied volatility is 66% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (19 of 20) because volatility this high usually comes with a reason. Chain open interest is thin - 173 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 146k shares a day on a market cap of $425M, with a beta of 0.55 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 23 / 25 | 25% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 7 / 15 | moat 4.7/10 | |
| Premium | 19 / 20 | implied volatility 66% | |
| Stability | 8 / 20 | 146k shares/day, $425M cap, beta 0.55 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Colony Bankcorp, Inc. reports earnings on 28 Oct 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to Colony Bankcorp, Inc. by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| BMRC Bank of Marin Bancorp | 26.39 | 51.78 | +49% | 72Good | $427M |
| PLBC Plumas Bancorp | 61.59 | 72.05 | +15% | 39No options | $429M |
| RBB RBB Bancorp | 25.49 | 30.43 | +16% | 68Good | $431M |
| CBK Commercial Bancgroup, Inc. Common Stock | 31.49 | 33.66 | +6% | 39No options | $431M |
| AVBC Avidia Bancorp, Inc. | 21.83 | 23.04 | +5% | 64Fair | $436M |
| PBFS Pioneer Bancorp, Inc. | 17.61 | 12.50 | -41% | 27No options | $437M |
| FRBA First Bank | 17.73 | 33.32 | +47% | 79Good | $439M |
| USCB USCB Financial Holdings, Inc. | 21.95 | 37.31 | +41% | 39No options | $406M |
| CZNC Citizens & Northern Corporation | 25.36 | 35.25 | +28% | 69Good | $455M |
| ISTR Investar Holding Corporation | 28.69 | 24.19 | -19% | 31No options | $395M |
| PCB PCB Bancorp | 27.60 | 32.30 | +15% | 67Good | $388M |
| CHMG Chemung Financial Corporation | 79.60 | 101.86 | +22% | 39No options | $384M |
⚖ Compare CBAN with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about CBAN
Is CBAN undervalued right now?
By the GLS models, moderately: at 20.03 the stock trades 25% below the average fair value of 26.80 (data as of 16 Oct 2026).
What is the Wheel Score of CBAN and what does it mean?
CBAN scores 65 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for CBAN?
26.80 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Colony Bankcorp, Inc. report earnings next?
The next earnings report is due on 28 Oct 2026 (after the close), 12 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does CBAN have listed options, and how liquid are they?
Yes. The nightly snapshot found 92 listed contracts with 173 open interest across all expiries and implied volatility of 66% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.