Central Plains Bancshares (NASDAQ:CPBI) Announces Earnings Results

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

Central Plains Bancshares Stock Performance

CPBI traded up $0.36 during mid-day trading on Wednesday, reaching $20.97. 1,486 shares of the stock were exchanged, compared to its average volume of 3,703. The stock has a market capitalization of $87.63 million, a PE ratio of 19.97 and a beta of 0.18. The company has a 50 day moving average price of $19.40 and a two-hundred day moving average price of $18.25. Central Plains Bancshares has a 1 year low of $15.38 and a 1 year high of $21.83.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Central Plains Bancshares stock. Vanguard Group Inc. increased its position in shares of Central Plains Bancshares, Inc. (NASDAQ:CPBI) by 2.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 164,483 shares of the company’s stock after purchasing an additional 3,314 shares during the quarter. Vanguard Group Inc. owned approximately 3.90% of Central Plains Bancshares worth $2,689,000 as of its most recent SEC filing. 24.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Central Plains Bancshares in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

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.