Central Bancompany (NASDAQ:CBC) Declares Quarterly Dividend of $0.12

Central Bancompany (NASDAQ:CBC) declared a quarterly dividend on Monday, August 3rd. Shareholders of record on Friday, August 21st will be given a dividend of 0.12 per share on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 21st.

Central Bancompany Stock Performance

NASDAQ CBC opened at $33.36 on Wednesday. The stock has a market capitalization of $8.00 billion and a P/E ratio of 35.87. Central Bancompany has a 52 week low of $21.99 and a 52 week high of $33.76. The stock has a fifty day moving average of $30.21 and a 200-day moving average of $26.87.

Central Bancompany (NASDAQ:CBC) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). The company had revenue of $281.72 million during the quarter. Equities research analysts forecast that Central Bancompany will post 1.94 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Keel Point LLC bought a new stake in Central Bancompany during the 1st quarter worth about $201,000. Bank of America Corp DE grew its stake in Central Bancompany by 3,292.1% in the first quarter. Bank of America Corp DE now owns 128,220 shares of the company’s stock valued at $3,071,000 after purchasing an additional 124,440 shares in the last quarter. Alexander Labrunerie & CO. Inc. increased its position in shares of Central Bancompany by 7.1% during the 1st quarter. Alexander Labrunerie & CO. Inc. now owns 22,633 shares of the company’s stock worth $542,000 after purchasing an additional 1,508 shares during the last quarter. California State Teachers Retirement System acquired a new stake in shares of Central Bancompany in the 1st quarter valued at approximately $26,000. Finally, Quantinno Capital Management LP acquired a new position in Central Bancompany during the first quarter worth $1,942,000.

Central Bancompany Company Profile

Central Bancompany (NASDAQ: CBC) is a bank holding company that provides a range of banking and financial services through its subsidiary banks and nonbank affiliates. Headquartered in Jefferson City, Missouri, the company offers traditional deposit and lending products to individuals and businesses, including checking and savings accounts, certificates of deposit, consumer and commercial loans, and mortgage origination and servicing. Its operations emphasize relationship banking for local and regional customers.

In addition to core banking activities, Central Bancompany offers treasury and cash management services, online and mobile banking, and wealth management and trust services designed to support personal and business financial planning.