Central Bancompany (NASDAQ:CBC) Reaches New 12-Month High Following Analyst Upgrade

Central Bancompany (NASDAQ:CBC – Get Free Report)’s stock price reached a new 52-week high on Wednesday after Piper Sandler raised their price target on the stock from $37.00 to $40.00. Piper Sandler currently has an overweight rating on the stock. Central Bancompany traded as high as $35.42 and last traded at $35.17, with a volume of 82,544 shares trading hands. The stock had previously closed at $34.71.

Other equities analysts have also issued reports about the stock. Morgan Stanley lowered shares of Central Bancompany from an “overweight” rating to an “equal weight” rating and upped their price target for the stock from $35.00 to $36.00 in a research report on Tuesday, September 8th. Keefe, Bruyette & Woods increased their price objective on shares of Central Bancompany from $29.00 to $32.00 and gave the company a “market perform” rating in a research report on Wednesday, August 5th. Stephens reissued an “equal weight” rating and set a $35.00 target price (up from $34.00) on shares of Central Bancompany in a research report on Wednesday, August 5th. Wall Street Zen lowered shares of Central Bancompany from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings raised shares of Central Bancompany from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Central Bancompany currently has a consensus rating of “Hold” and a consensus target price of $35.75.

Read Our Latest Stock Analysis on Central Bancompany

Central Bancompany News Roundup

Here are the key news stories impacting Central Bancompany this week:

  • Positive Sentiment: Piper Sandler raised its price target to $40 from $37 and maintained an “overweight” rating. The revised target implies approximately 14.3% upside from the recently quoted price, providing a near-term catalyst for CBC. Piper Sandler stock recommendations
  • Positive Sentiment: Central Bancompany reportedly expects a $27 million pretax gain in the fourth quarter, while approximately $2.2 billion of loans are expected to roll off in 2027. The anticipated gain could support near-term earnings, though the loan runoff may also affect future interest income. Central Bancompany signals pretax gain
  • Positive Sentiment: Third-quarter revenue rose to $285.43 million, supporting the view that the company’s underlying business remains resilient. Central Bancompany preliminary Q3 earnings
  • Neutral Sentiment: Reported short interest was effectively zero as of October 26, suggesting little evidence of bearish positioning or short-covering pressure. Central Bancompany short interest
  • Negative Sentiment: Central Bancompany reported third-quarter EPS of $0.48, narrowly missing the $0.49 consensus estimate. The modest earnings miss could limit the stock’s upside despite the revenue increase and higher analyst target. Central Bancompany third-quarter 2026 results

Institutional Trading of Central Bancompany

A number of hedge funds have recently bought and sold shares of CBC. Signaturefd LLC grew its position in Central Bancompany by 85.4% during the 3rd quarter. Signaturefd LLC now owns 799 shares of the company’s stock worth $25,000 after purchasing an additional 368 shares during the period. Sterling Capital Management LLC grew its stake in shares of Central Bancompany by 64.0% during the 3rd quarter. Sterling Capital Management LLC now owns 887 shares of the company’s stock worth $28,000 after purchasing an additional 346 shares during the period. Inspire Investing LLC purchased a new position in shares of Central Bancompany during the 3rd quarter valued at approximately $393,000. QP Wealth Management LLC purchased a new position in shares of Central Bancompany during the 3rd quarter valued at approximately $371,000. Finally, Walker Asset Management LLC acquired a new position in shares of Central Bancompany in the 3rd quarter valued at $625,000.

Central Bancompany Stock Performance

The firm’s 50 day moving average is $32.40 and its 200-day moving average is $28.47. The stock has a market capitalization of $8.36 billion and a price-to-earnings ratio of 24.96.

Central Bancompany (NASDAQ:CBC – Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.01). The business had revenue of $285.43 million during the quarter. As a group, sell-side analysts forecast that Central Bancompany will post 1.91 earnings per share for the current year.

Central Bancompany Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 21st were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, August 21st. Central Bancompany’s dividend payout ratio is currently 34.29%.

About Central Bancompany

(Get Free Report)

Central Bancompany, Inc is a bank holding company headquartered in Jefferson City, Missouri. Through its banking subsidiaries, the company provides financial services to individuals, businesses and institutions, with a focus on community banking and relationship-based service.

Its offerings generally include personal and business deposit accounts, consumer and commercial lending, residential mortgages, treasury management, online and mobile banking, and other traditional banking services.

Further Reading

Receive News & Ratings for Central Bancompany Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Bancompany and related companies with MarketBeat.com's FREE daily email newsletter.