M3F Inc. Decreases Stock Holdings in Central Plains Bancshares, Inc. $CPBI

Key Points

• M3F Inc. reduced its holdings in Central Plains Bancshares by 69.1%, selling 123,792 shares, now owning 55,477 shares which represent about 0.2% of its portfolio.
• Renaissance Technologies LLC increased its stake in Central Plains Bancshares by 27.5%, acquiring an additional 4,879 shares during the last quarter.
• Central Plains Bancshares reported a quarterly EPS of $0.26 and a net margin of 13.34%, with revenue totaling $5.14 million for the quarter.

M3F Inc. cut its holdings in Central Plains Bancshares, Inc. (NASDAQ:CPBI - Free Report) by 69.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 55,477 shares of the company's stock after selling 123,792 shares during the quarter. Central Plains Bancshares makes up about 0.2% of M3F Inc.'s investment portfolio, making the stock its 29th largest position. M3F Inc. owned approximately 1.31% of Central Plains Bancshares worth $828,000 at the end of the most recent quarter.

Separately, Renaissance Technologies LLC lifted its stake in Central Plains Bancshares by 27.5% in the fourth quarter. Renaissance Technologies LLC now owns 22,600 shares of the company's stock worth $338,000 after acquiring an additional 4,879 shares during the period. 24.28% of the stock is owned by institutional investors.

Central Plains Bancshares Stock Up 1.7%

NASDAQ:CPBI traded up $0.26 during mid-day trading on Friday, reaching $15.77. The company's stock had a trading volume of 3,991 shares, compared to its average volume of 4,883. Central Plains Bancshares, Inc. has a 1 year low of $11.51 and a 1 year high of $15.85. The stock has a fifty day moving average of $15.20 and a 200-day moving average of $14.90. The firm has a market capitalization of $66.57 million, a PE ratio of 15.93 and a beta of 0.15. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.10.

Central Plains Bancshares (NASDAQ:CPBI - Get Free Report) last released its quarterly earnings data 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 during the quarter.

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.