Central Bancompany (CBCY.US), a Missouri-based super-community bank, announced the terms of its initial public offering (IPO) last Friday. Currently traded over-the-counter (OTC) under the ticker "CBCY," the bank plans to list on the Nasdaq exchange with the new ticker "CBC." The company aims to raise $400 million by offering 17.8 million shares, priced between $21 and $24 per share. At the midpoint of the price range, Central Bancompany's market capitalization would reach $5.4 billion.
Operating as a super-community bank, Central Bancompany has 156 full-service branches across 17 metropolitan statistical areas (MSAs). While its primary operations are concentrated in Missouri, the bank is expanding its presence in Kansas, Oklahoma, Colorado, and Florida.
As of September 30, 2025, Central Bancompany reported total assets of $19.2 billion, loans (net of allowance for credit losses) of $11.3 billion, deposits of $14.8 billion, and total shareholders' equity of $3.3 billion. Founded in 1902, the bank generated $956 million in revenue over the 12 months ending September 30, 2025.
Morgan Stanley, Keefe, Bruyette & Woods, BofA Securities, Piper Sandler, and Stephens are serving as joint bookrunners for the offering.
