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

Central Plains Bancshares (NASDAQ:CPBI) released its earnings results on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $5.37 million for the quarter. Central Plains Bancshares had a net margin of 13.11% and a return on equity of 4.59%.

Central Plains Bancshares Price Performance

Shares of Central Plains Bancshares stock opened at $18.64 on Friday. The business has a 50-day moving average of $17.95 and a 200-day moving average of $17.48. The company has a market capitalization of $78.47 million, a PE ratio of 18.10 and a beta of 0.21. Central Plains Bancshares has a 1-year low of $14.85 and a 1-year high of $18.75.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Central Plains Bancshares in a research note on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CPBI. Graham Capital Wealth Management LLC lifted its position in shares of Central Plains Bancshares by 192.9% during the 3rd quarter. Graham Capital Wealth Management LLC now owns 90,618 shares of the company’s stock valued at $1,466,000 after acquiring an additional 59,675 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Central Plains Bancshares by 2.1% in 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 last quarter. Finally, Mangrove Partners IM LLC grew its holdings in shares of Central Plains Bancshares by 1.6% in the 3rd quarter. Mangrove Partners IM LLC now owns 159,854 shares of the company’s stock worth $2,606,000 after acquiring an additional 2,458 shares during the last quarter. 24.28% of the stock is currently owned by institutional investors.

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.