Central Plains Bancshares (NASDAQ:CPBI) Announces Earnings Results

Central Plains Bancshares (NASDAQ:CPBI) announced its quarterly earnings results on Friday. The company reported $0.30 earnings per share for the quarter, FiscalAI reports. Central Plains Bancshares had a net margin of 14.33% and a return on equity of 5.14%. The firm had revenue of $5.55 million for the quarter.

Central Plains Bancshares Price Performance

NASDAQ CPBI traded up $0.15 on Friday, reaching $20.66. The company had a trading volume of 922 shares, compared to its average volume of 3,707. Central Plains Bancshares has a 1 year low of $15.56 and a 1 year high of $21.83. The firm has a 50-day moving average of $20.52 and a 200-day moving average of $19.05. The firm has a market capitalization of $86.17 million, a PE ratio of 17.51 and a beta of 0.21.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Central Plains Bancshares stock. BlackRock Inc. bought a new stake in Central Plains Bancshares, Inc. (NASDAQ:CPBI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,276 shares of the company’s stock, valued at approximately $234,000. BlackRock Inc. owned 0.29% of Central Plains Bancshares at the end of the most recent quarter. 24.28% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Central Plains Bancshares in a research report on Monday, September 21st. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Central Plains Bancshares Company Profile

Central Plains Bancshares is a bank holding company whose principal subsidiary, Central Plains Bank, provides community banking services. Its offerings include deposit accounts, consumer and business loans, and other banking services for individuals, businesses, and local organizations. The company serves communities in Nebraska through its banking operations. As a community-focused institution, Central Plains Bank supports customers’ everyday banking needs and local business activity.