Central Bancompany (CBC) To Go Ex-Dividend on May 22nd

Central Bancompany (NASDAQ:CBC) announced a quarterly dividend on Monday, May 4th. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.12 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Friday, May 22nd.

Central Bancompany Price Performance

Central Bancompany stock opened at $27.59 on Wednesday. The stock’s 50-day moving average is $25.21. Central Bancompany has a 52 week low of $21.99 and a 52 week high of $27.92.

Central Bancompany (NASDAQ:CBC) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.02. The firm had revenue of $273.71 million for the quarter, compared to analyst estimates of $267.74 million. As a group, sell-side analysts forecast that Central Bancompany will post 1.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CBC shares. Zacks Research lowered shares of Central Bancompany from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 8th. Morgan Stanley reduced their price target on Central Bancompany from $31.00 to $29.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st. Keefe, Bruyette & Woods raised their price objective on Central Bancompany from $27.50 to $28.00 and gave the stock a “market perform” rating in a report on Wednesday, April 29th. Weiss Ratings raised Central Bancompany from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Finally, Wall Street Zen downgraded Central Bancompany from a “hold” rating to a “sell” rating in a research report on Saturday. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Central Bancompany has a consensus rating of “Moderate Buy” and an average price target of $29.50.

Central Bancompany Company Profile

Central Bancompany (NASDAQ: CBC) is a bank holding company that provides a range of banking and financial services through its subsidiary banks and nonbank affiliates. Headquartered in Jefferson City, Missouri, the company offers traditional deposit and lending products to individuals and businesses, including checking and savings accounts, certificates of deposit, consumer and commercial loans, and mortgage origination and servicing. Its operations emphasize relationship banking for local and regional customers.

In addition to core banking activities, Central Bancompany offers treasury and cash management services, online and mobile banking, and wealth management and trust services designed to support personal and business financial planning.