Central Plains Bancshares (NASDAQ:CPBI) Releases Quarterly Earnings Results

Central Plains Bancshares (NASDAQ:CPBI) issued its earnings results on Thursday. The company reported $0.23 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $5.26 million during the quarter. Central Plains Bancshares had a net margin of 13.34% and a return on equity of 4.52%.

Central Plains Bancshares Stock Performance

NASDAQ CPBI traded up $0.30 during trading on Friday, reaching $16.08. The company’s stock had a trading volume of 48 shares, compared to its average volume of 3,615. The business’s fifty day moving average price is $16.10 and its 200-day moving average price is $15.43. Central Plains Bancshares has a twelve month low of $13.00 and a twelve month high of $16.70. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $67.84 million, a price-to-earnings ratio of 16.24 and a beta of 0.14.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Central Plains Bancshares in a research report on Thursday. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Hedge Funds Weigh In On Central Plains Bancshares

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Central Plains Bancshares by 2.1% during the 3rd quarter. Vanguard Group Inc. now owns 164,483 shares of the company’s stock worth $2,689,000 after acquiring an additional 3,314 shares during the period. Mangrove Partners IM LLC raised its stake 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 purchasing an additional 2,458 shares during the last quarter. Finally, Graham Capital Wealth Management LLC lifted its holdings in shares of Central Plains Bancshares by 192.9% during the third quarter. Graham Capital Wealth Management LLC now owns 90,618 shares of the company’s stock worth $1,466,000 after purchasing an additional 59,675 shares during the period. Institutional investors and hedge funds own 24.28% of the company’s stock.

Central Plains Bancshares Company Profile

Central Plains Bancshares, Inc focuses on providing various banking products and services to retail customers, and small and medium-sized commercial customers in Nebraska, the United States. It offers checking accounts, savings accounts, and certificate of deposit accounts. The company also provides one- to four-family residential mortgage loans secured by properties, as well as commercial real estate loans, commercial and industrial loans, multi-family residential real estate loans, construction and land development loans, agricultural real estate and non-real estate loans, and consumer loans.