CBAN, US19623P1012

Colony Bankcorp approves First Reliance merger: October 28 results for Colony Bankcorp stock

Published on 10/25/2026 at 01:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shareholders approved the First Reliance merger on October 15, 2026. Colony Bankcorp stock has October 28 results and a USD 20.36 quote on October 23, 2026.

Merger approval and next dates

Shareholders approved the merger proposal with 13,338,856 votes on October 15, 2026.
The First Reliance transaction was valued at USD 163 million on June 24, 2026.
Colony Bankcorp will publish third-quarter results on October 28, 2026, and hold its call on October 29, 2026.

CBAN, US19623P1012, Illustration mit AI erstellt.

Colony Bankcorp, Inc. (US19623P1012) secured shareholder approval for its First Reliance Bancshares merger on October 15, 2026, a transaction valued at USD 163 million. The next test for Colony Bankcorp stock is the company's third-quarter report scheduled for October 28.

Approval clears the merger path

FT reported on October 15, 2026, that shareholders of Colony and First Reliance approved the merger. The companies said the transaction is moving toward an anticipated fourth-quarter 2026 closing, subject to customary closing conditions.

The chronology shows how the deal progressed. On June 24, 2026, Colony agreed to acquire 100 percent of First Reliance in a combined stock-and-cash transaction valued at USD 163 million, according to FT. On October 14, 2026, 13,419,694 shares, representing 63.23 percent of Colony's common stock, were represented at the special meeting, as reported by StockTitan. On October 15, 2026, the stock-issuance proposal received 13,338,856 votes in favor, according to the same filing.

What will results show?

Colony's operating numbers provide the immediate benchmark. In the second quarter of 2026, the bank reported earnings per share of USD 0.52 against a USD 0.48 consensus estimate, while revenue reached USD 42.03 million versus USD 40.90 million expected, MarketBeat reported on October 21, 2026. The upcoming report will therefore be judged against both the prior quarter's USD 0.52 earnings per share and the announced merger timetable.

Two dates define the next step

Colony Bankcorp announced on October 8, 2026, that it will release third-quarter results after the market closes on October 28, 2026. The conference call follows on October 29, 2026, at 9:00 a.m. ET.

Stock trades ahead of the report

The bank holding company serves customers through traditional banking and specialty businesses including mortgage lending, government-guaranteed lending, insurance, wealth management and merchant services. Its assets stood at USD 3.63 billion on June 30, 2026, according to the company's corporate profile.

CBAN was last quoted at USD 20.36 on the NYSE on October 23, 2026 at 4:00 p.m. EDT. The market capitalization was USD 432.1 million on the same date, while the 52-week range was USD 15.80 to USD 22.46.