Central Plains Bancshares (NASDAQ:CPBI) Announces Earnings Results

Central Plains Bancshares (NASDAQ:CPBI) issued its quarterly earnings data on Wednesday. The company reported $0.39 EPS for the quarter, FiscalAI reports. The company had revenue of $5.87 million for the quarter. Central Plains Bancshares had a return on equity of 4.64% and a net margin of 13.19%.

Central Plains Bancshares Stock Up 0.3%

Shares of Central Plains Bancshares stock traded up $0.06 during trading hours on Friday, reaching $21.03. 3,875 shares of the company’s stock were exchanged, compared to its average volume of 3,703. The business has a fifty day moving average of $19.50 and a two-hundred day moving average of $18.30. The company has a market capitalization of $87.92 million, a P/E ratio of 20.03 and a beta of 0.18. Central Plains Bancshares has a 1 year low of $15.38 and a 1 year high of $21.83.

Hedge Funds Weigh In On Central Plains Bancshares

A hedge fund recently bought a new stake in Central Plains Bancshares stock. BlackRock Inc. acquired a new stake in Central Plains Bancshares, Inc. (NASDAQ:CPBI) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 12,276 shares of the company’s stock, valued at approximately $234,000. BlackRock Inc. owned about 0.29% of Central Plains Bancshares at the end of the most recent quarter. 24.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Central Plains Bancshares in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

About Central Plains Bancshares

Central Plains Bancshares, Inc is the bank holding company for Central Plains Bank, a community‐oriented financial institution headquartered in Council Grove, Kansas. Through its wholly owned subsidiary, the company offers a range of deposit and lending products designed to serve the needs of individuals, families, small businesses and agricultural customers in rural and small‐town markets across central and eastern Kansas.

The company’s core services include checking and savings accounts, certificates of deposit and money market accounts, complemented by consumer, commercial and agricultural loan portfolios.