Central Bancompany, Inc. Announces Launch of Initial Public Offering

Rhea-AI Summary

Central Bancompany (Nasdaq:CBC) announced the launch of its initial public offering of 17,778,000 shares of Class A common stock on November 12, 2025.

The company said it expects to grant underwriters a 30-day option for up to an additional 2,666,700 shares and that the initial public offering price is currently expected to be between $21.00 and $24.00 per share. Central Bancompany applied to list its Class A common stock on the Nasdaq Global Select Market under the symbol CBC.

Joint lead book-running managers are Morgan Stanley and Keefe, Bruyette & Woods; other bookrunners include BofA Securities, Piper Sandler, and Stephens. A Form S-1 registration statement has been filed with the SEC but is not yet effective.

Positive

• Offering of 17,778,000 Class A shares launched
• Underwriters may buy 2,666,700 additional shares (30-day option)
• Proposed listing on Nasdaq Global Select Market under CBC
• Lead managers include Morgan Stanley and Keefe, Bruyette & Woods

Negative

• Initial price uncertainty: expected range $21.00–$24.00
• Public offering will dilute existing shareholders’ ownership

Insights

Equity Capital Markets Expert

IPO launch: 17,778,000 shares priced between $21.00 and $24.00; Nasdaq listing planned.

The transaction will offer 17,778,000 shares of Class A common stock with a 30-day underwriter option for an additional 2,666,700 shares and an expected price range of $21.00–$24.00. The company has applied to list on the Nasdaq Global Select Market under the symbol "CBC", and joint lead managers are Morgan Stanley and Keefe, Bruyette & Woods.

Primary dependencies and near-term risks include the effectiveness of the Form S-1 registration and the exercise of the underwriters' 30-day option; neither is guaranteed in the release. Watch for the registration to become effective and any final offering price and allocation decisions in the coming weeks, especially within the 30-day option window from launch and around the listing approval timeline.

JEFFERSON CITY, Mo., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Central Bancompany, Inc. (“Central Bancompany”), the bank holding company for The Central Trust Bank, today announced the launch of its initial public offering of 17,778,000 shares of its Class A common stock. Central Bancompany expects to grant the underwriters a 30-day option to purchase up to an additional 2,666,700 shares of its Class A common stock at the public offering price, less underwriting discounts. The initial public offering price is currently expected to be between $21.00 and $24.00 per share of Class A common stock. Central Bancompany has applied to list its Class A common stock on the Nasdaq Global Select Market under the symbol “CBC.”

Morgan Stanley & Co. LLC and Keefe, Bruyette & Woods, Inc., A Stifel Company, are acting as joint lead book-running managers for the proposed offering. BofA Securities, Piper Sandler & Co. and Stephens Inc. are acting as joint bookrunners. Copies of the preliminary prospectus relating to the proposed offering may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd floor, New York, New York 10014; or Keefe, Bruyette & Woods, Inc., Attention: Capital Markets, by telephone at (800) 966-1559 or by email at USCapitalMarkets@kbw.com.

A registration statement on Form S-1 relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations, or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

About Central Bancompany, Inc.

Central Bancompany, Inc. is headquartered in Jefferson City, Missouri. Its banking subsidiary, The Central Trust Bank, has been serving businesses and customers since 1902. The bank is built on a strong foundation of people, community service, and technology. As of September 30, 2025, The Central Trust Bank is a $19.2 billion Missouri state-chartered trust company with banking powers and a Federal Reserve state member bank, with more than 156 locations in 79 communities serving consumers and businesses in Missouri, Kansas, Oklahoma, Colorado, and Florida. Divisions of The Central Trust Bank include Central Trust Company and Central Investment Advisors.

Company Contact:

Charlie Martin
Corporate Development Officer
Central Bancompany, Inc.
charlie.martin@centralbank.net
(314) 686-7007

Forward-Looking Statements

This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements involve risks and uncertainties. You should not place undue reliance on forward-looking statements because they are subject to numerous uncertainties and factors relating to the operations and business of Central Bancompany, all of which are difficult to predict and many of which are beyond its control. Forward-looking statements include information concerning possible or assumed future results of operations of Central Bancompany, including descriptions of its business strategy. These forward-looking statements are generally identified by the use of forward-looking terminology, including the terms “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and, in each case, their negative or other variations or comparable terminology and expressions. The results, events and circumstances reflected in the forward-looking statements may not be achieved or occur, and actual results, events, or circumstances could differ materially from those described in the forward-looking statements. Any forward-looking statements presented herein are made only as of the date of this press release, and Central Bancompany does not undertake any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

FAQ

How many Class A shares is Central Bancompany offering in the IPO (CBC)?

Central Bancompany is offering 17,778,000 Class A shares in the IPO.

What is the expected IPO price range for Central Bancompany (CBC)?

The initial public offering price is currently expected to be between $21.00 and $24.00 per share.

Will Central Bancompany (CBC) grant underwriters an option to buy additional shares?

Yes. Central Bancompany expects to grant a 30-day option to purchase up to 2,666,700 additional shares.

On which exchange and symbol will Central Bancompany list its Class A common stock?

Central Bancompany has applied to list on the Nasdaq Global Select Market under the symbol CBC.

Who are the joint lead managers for the Central Bancompany IPO (CBC)?

Joint lead book-running managers are Morgan Stanley and Keefe, Bruyette & Woods.

Is the Central Bancompany registration statement for the IPO effective with the SEC?

No. A registration statement on Form S-1 has been filed with the SEC but has not yet become effective.