Central Bancompany (NASDAQ:CBC) Hits New 1-Year High Following Analyst Upgrade

Central Bancompany (NASDAQ:CBC)’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 research analysts have also recently issued research reports about the stock. Keefe, Bruyette & Woods upped their target price 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. Morgan Stanley cut shares of Central Bancompany from an “overweight” rating to an “equal weight” rating and lifted their price target for the company from $35.00 to $36.00 in a research report on Tuesday, September 8th. Wall Street Zen downgraded shares of Central Bancompany from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Stephens restated an “equal weight” rating and issued a $35.00 price objective (up from $34.00) on shares of Central Bancompany in a report on Wednesday, August 5th. Finally, Weiss Ratings raised shares of Central Bancompany from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $35.75.

Key Stories Impacting Central Bancompany

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 Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Signaturefd LLC increased its stake in Central Bancompany by 85.4% in the third quarter. Signaturefd LLC now owns 799 shares of the company’s stock valued at $25,000 after purchasing an additional 368 shares during the last quarter. Sterling Capital Management LLC boosted its holdings in shares of Central Bancompany by 64.0% in the 3rd quarter. Sterling Capital Management LLC now owns 887 shares of the company’s stock valued at $28,000 after buying an additional 346 shares in the last quarter. California State Teachers Retirement System purchased a new position in shares of Central Bancompany in the 1st quarter valued at $26,000. Public Employees Retirement System of Ohio purchased a new position in shares of Central Bancompany in the 2nd quarter valued at $169,000. Finally, Keel Point LLC acquired a new stake in Central Bancompany during the 1st quarter worth $201,000.

Central Bancompany Trading Up 0.6%

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

Central Bancompany (NASDAQ:CBC) last released its quarterly earnings results 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. Analysts anticipate that Central Bancompany will post 1.91 EPS for the current fiscal year.

Central Bancompany Dividend Announcement

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

About Central Bancompany

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.