Central Plains Bancshares' (CPBI) Hold (C-) Rating Reaffirmed at Weiss Ratings

Key Points

• Central Plains Bancshares (CPBI) maintains a "hold (C-)" rating from Weiss Ratings, indicating a cautious outlook on the stock.
• The stock is currently priced at $16.18 with a market cap of $68.30 million and recent trading activity shows low volumes.
• Graham Capital Wealth Management LLC has recently acquired a new position in the company, purchasing 30,943 shares valued at approximately $468,000.

Central Plains Bancshares (NASDAQ:CPBI - Get Free Report)'s stock had its "hold (c-)" rating reiterated by stock analysts at Weiss Ratings in a research note issued to investors on Friday,Weiss Ratings reports.

Central Plains Bancshares Stock Performance

CPBI traded up $0.10 during trading hours on Friday, hitting $16.18. 112 shares of the stock were exchanged, compared to its average volume of 6,506. The stock has a market cap of $68.30 million, a price-to-earnings ratio of 16.35 and a beta of 0.14. The stock has a 50-day simple moving average of $15.99 and a 200-day simple moving average of $15.28. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.03 and a quick ratio of 1.03. Central Plains Bancshares has a 12 month low of $13.00 and a 12 month high of $16.70.

Central Plains Bancshares (NASDAQ:CPBI - Get Free Report) last issued its earnings results on Tuesday, August 12th. The company reported $0.26 earnings per share for the quarter. Central Plains Bancshares had a net margin of 13.34% and a return on equity of 4.52%. The company had revenue of $5.14 million for the quarter.

Hedge Funds Weigh In On Central Plains Bancshares

An institutional investor recently bought a new position in Central Plains Bancshares stock. Graham Capital Wealth Management LLC purchased a new position in shares of Central Plains Bancshares, Inc. (NASDAQ:CPBI - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 30,943 shares of the company's stock, valued at approximately $468,000. Graham Capital Wealth Management LLC owned 0.73% of Central Plains Bancshares at the end of the most recent quarter. Institutional investors and hedge funds own 24.28% of the company's stock.

Central Plains Bancshares Company Profile

Central Plains Bancshares, Inc focuses on providing various banking products and services to retail customers, and small and medium-sized commercial customers in Nebraska, the United States. It offers checking accounts, savings accounts, and certificate of deposit accounts. The company also provides one- to four-family residential mortgage loans secured by properties, as well as commercial real estate loans, commercial and industrial loans, multi-family residential real estate loans, construction and land development loans, agricultural real estate and non-real estate loans, and consumer loans.

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