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

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

Central Plains Bancshares Stock Performance

Shares of Central Plains Bancshares stock traded up $0.15 during midday trading on Friday, hitting $20.66. 922 shares of the company traded hands, compared to its average volume of 1,529. The firm’s fifty day moving average price is $20.50 and its 200-day moving average price is $19.06. The stock has a market cap of $86.17 million, a price-to-earnings ratio of 17.51 and a beta of 0.21. Central Plains Bancshares has a 12 month low of $15.56 and a 12 month high of $21.83.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated 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. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Institutional Trading of Central Plains Bancshares

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

About Central Plains Bancshares

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.