Central Bancompany (NASDAQ:CBC) Plans Dividend of $0.12

Central Bancompany (NASDAQ:CBC) declared a dividend on Wednesday, February 4th, NASDAQ Dividends reports. Shareholders of record on Friday, February 20th will be paid a dividend of 0.12 per share on Monday, March 2nd. The ex-dividend date of this dividend is Friday, February 20th.

Central Bancompany Stock Performance

NASDAQ:CBC opened at $24.63 on Wednesday. The company has a 50 day moving average price of $24.18. Central Bancompany has a 12 month low of $21.99 and a 12 month high of $25.42.

Central Bancompany (NASDAQ:CBC) last posted its earnings results on Tuesday, January 27th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. The firm had revenue of $272.23 million during the quarter, compared to analyst estimates of $265.55 million.

Insider Transactions at Central Bancompany

In related news, CEO John Thomas Ross bought 40,000 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were bought at an average cost of $24.50 per share, for a total transaction of $980,000.00. Following the completion of the transaction, the chief executive officer owned 82,000 shares of the company’s stock, valued at approximately $2,009,000. This trade represents a 95.24% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Institutional Investors Weigh In On Central Bancompany

A number of institutional investors have recently added to or reduced their stakes in the stock. CENTRAL TRUST Co bought a new stake in shares of Central Bancompany in the fourth quarter worth about $176,998,000. Champlain Investment Partners LLC purchased a new position in Central Bancompany during the 4th quarter worth $42,165,000. Price T Rowe Associates Inc. MD acquired a new stake in Central Bancompany in the 4th quarter worth approximately $40,790,000. Massachusetts Financial Services Co. MA acquired a new stake in Central Bancompany during the 4th quarter valued at approximately $31,779,000. Finally, North Reef Capital Management LP acquired a new stake in shares of Central Bancompany during the 4th quarter valued at about $31,613,000.

About Central Bancompany

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.