Central Plains Bancshares (NASDAQ:CPBI) Releases Earnings Results

Central Plains Bancshares (NASDAQ:CPBI) posted its quarterly earnings results on Wednesday. The company reported $0.31 EPS for the quarter, FiscalAI reports. Central Plains Bancshares had a return on equity of 4.39% and a net margin of 12.78%.The company had revenue of $5.56 million during the quarter.

Central Plains Bancshares Trading Up 0.1%

Shares of CPBI stock opened at $17.73 on Thursday. The firm has a market capitalization of $74.70 million, a price-to-earnings ratio of 18.28 and a beta of 0.13. The business’s 50-day moving average price is $17.05 and its 200-day moving average price is $16.29. Central Plains Bancshares has a 12 month low of $13.00 and a 12 month high of $17.75.

Hedge Funds Weigh In On Central Plains Bancshares

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Graham Capital Wealth Management LLC bought a new position in Central Plains Bancshares during the 2nd quarter worth approximately $468,000. Mangrove Partners IM LLC increased its position in shares of Central Plains Bancshares by 1.6% during the third quarter. Mangrove Partners IM LLC now owns 159,854 shares of the company’s stock worth $2,606,000 after buying an additional 2,458 shares during the period. Finally, Vanguard Group Inc. raised its stake in Central Plains Bancshares by 2.1% during the third quarter. Vanguard Group Inc. now owns 164,483 shares of the company’s stock worth $2,689,000 after buying an additional 3,314 shares during the last quarter. 24.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Central Plains Bancshares in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Central Plains Bancshares has a consensus rating of “Hold”.

Central Plains Bancshares Company Profile

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.