Central Bancompany, Inc. (CBC)
Financial Services · NMS · US
Fundamentals
Valuation and ratings
Central Bancompany, Inc. trades at USD32.04, close to the USD33.82 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 47 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 17.5 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Central Bancompany, Inc.
Central Bancompany, Inc. operates as the bank holding company for The Central Trust Bank that provides consumer, commercial, and wealth management products and services. It operates through three segments: Consumer Banking, Commercial Banking, and Wealth Management. The Consumer Banking segment offers consumer loans and deposit products; residential mortgage, installment lending and other consumer loan financing options; and debit and credit card loan and fee businesses. Its Commercial Banking segment provides business payment solutions including treasury management services; merchant and commercial bank card products; and banking solutions to businesses, agencies and community organizations including commercial, small business, and government. The Wealth Management segment provides wealth management solutions, including investment management, fiduciary services, financial, estate, and tax planning services to individuals, businesses, and foundations. It provides savings and checking, certificate of deposit, money market, time deposit, health savings, and interest-bearing and noninterest-bearing accounts. The company also offers commercial real estate, construction and development, commercial, financial & agricultural, multi-family and one-to-four-family residential loans. In addition, it provides wealth and cash management services; merchant services; and debit and credit cards. Further, the company offers mobile and online banking services. It operates through a network of banking offices in Missouri, Kansas, Oklahoma, and Colorado. Central Bancompany, Inc. was founded in 1902 and is headquartered in Jefferson City, Missouri.
CBC passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Smart money ownership
6 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Two Sigma, TWO SIGMA INVESTMENTS, LP$7.88M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$6.20M · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$5.35M · 0.0% of book
- George Soros, SOROS FUND MANAGEMENT LLC$2.22M · 0.0% of book
- Paul Tudor Jones, TUDOR INVESTMENT CORP ET AL$1.28M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Central Bancompany, Inc. (CBC) undervalued?
Against our discounted cash flow estimate of USD33.82, CBC at USD32.04 is 6% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own CBC?
6 of the institutions we track reported a position in CBC in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is CBC's P/E ratio?
CBC trades at 17.5 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
The full research page for CBC, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.