COMP <GO>

CBAN vs CBK // PIOTROSKI F-SCORE QUALITY

Colony Bankcorp Inc. (NYSE) VS. Commercial Bancgroup Inc. (NASDAQ) • 15-METRIC TALLY: CBAN 1 — CBK 6

▲ PIOTROSKI F-SCORE QUALITY LEADER: CBK

LAST: $20.42 (+0.30%) • MKT CAP: $433.3M

piotroski-score

1/9

LAST: $32.99 (+1.17%) • MKT CAP: $452.0M

piotroski-score

4/9

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CBAN VS. CBK) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	CBAN	CBK	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	1.80%	13.00%	-11.20	CBK	/roic <GO>
EV/EBITDA & P/E Valuation	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	-1.59%	7.79%	-9.38	CBK	/fcf-yield <GO>
Operating Margin	—	—	—	TIE	/operating-margins <GO>
Net Profit Margin	—	—	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	—	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	1.85%	0.44%	+1.41	CBAN	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality ACTIVE	1/9	4/9	-3.00	CBK	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	50.0	60.3	-10.26	CBK	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	60.9x	11.3x	+49.60	CBK	/forward-pe <GO>
Enterprise Scale & Market Cap	$433.3M	$452.0M	-$18.7M	CBK	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	CBAN REV	CBK REV	CBAN GROSS %	CBK GROSS %	CBAN FCF	CBK FCF
FY 2025	$0	$0	—	—	-$6.9M	$35.2M
FY 2024	$0	$0	—	—	$22.3M	$35.6M
FY 2023	$0	—	—	—	$21.0M	—

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

CBAN // BETA —

CBK // BETA —