Central Plains Bancshares (NASDAQ:CPBI) Posts Earnings Results

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

Central Plains Bancshares Price Performance

Central Plains Bancshares stock traded down $0.12 during midday trading on Thursday, reaching $20.85. 1,486 shares of the company traded hands, compared to its average volume of 2,278. The firm has a market capitalization of $87.15 million, a price-to-earnings ratio of 19.86 and a beta of 0.18. Central Plains Bancshares has a 12 month low of $15.38 and a 12 month high of $21.83. The business has a 50 day moving average of $19.45 and a two-hundred day moving average of $18.27.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Central Plains Bancshares

An institutional investor recently bought a new position in Central Plains Bancshares stock. BlackRock Inc. purchased a new stake in shares of Central Plains Bancshares, Inc. (NASDAQ:CPBI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 12,276 shares of the company’s stock, valued at approximately $234,000. BlackRock Inc. owned approximately 0.29% of Central Plains Bancshares as of its most recent filing with the Securities & Exchange Commission. 24.28% of the stock is currently owned by hedge funds and other institutional investors.

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.