Central Bancompany (NASDAQ:CBC) Announces Quarterly Earnings Results

Central Bancompany (NASDAQ:CBC) posted its quarterly earnings data on Tuesday. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01, Zacks reports.

Central Bancompany Stock Performance

CBC traded up $0.23 during trading on Tuesday, hitting $24.81. 7,383 shares of the stock were exchanged, compared to its average volume of 203,547. Central Bancompany has a 1 year low of $21.99 and a 1 year high of $25.42.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CBC. Wall Street Zen upgraded Central Bancompany to a “hold” rating in a research report on Saturday, January 3rd. Zacks Research raised Central Bancompany to a “hold” rating in a research note on Tuesday, December 16th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Central Bancompany in a research report on Friday, December 26th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

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.