Dividend Challengers 2025: Top 25

12. Colony Bankcorp, Inc. (NYSE:CBAN)

Dividend Yield as of April 29: 2.95%

Colony Bankcorp, Inc. (NYSE:CBAN) ranks twelfth on our dividend challengers list. It is the parent company of the Colony Bank. The bank operates branches across Georgia and has extended its reach to include Birmingham, Alabama, as well as Tallahassee and the Florida Panhandle. The company offers a variety of financial services tailored to both personal and business clients. Beyond traditional banking, the institution provides specialized offerings such as mortgage services, government-guaranteed lending, consumer insurance, wealth management, and merchant services. The stock has surged by nearly 38% in the past 12 months.

Colony Bankcorp, Inc. (NYSE:CBAN) reported strong earnings in the first quarter of 2025. The company’s revenue of $30 million grew by 6.5% on a YoY basis and also beat analysts’ estimates by $96,000. Total deposits stood at $2.62 billion as of March 31, 2025, up from $2.57 billion at the end of 2024, reflecting a growth of $54.6 million. During the period, mortgage originations reached $72.0 million, while mortgage sales amounted to $55.9 million.

Colony Bankcorp, Inc. (NYSE:CBAN) total assets reached $3.17 billion, marking a $62.0 million increase since December 31, 2024. The company ended the quarter with $221.2 million in cash and cash equivalents. Its quarterly dividend comes in at $0.115 per share, following a 2.2% hike in January. This marked the company’s eighth consecutive year of dividend growth. As of April 29, the stock has a dividend yield of 2.95%.