Central Bancompany, Inc. Announces Pricing of Initial Public Offering

Rhea-AI Summary

Central Bancompany (Nasdaq: CBC) priced its initial public offering of 17,778,000 Class A shares at $21.00 per share on Nov 19, 2025.

Shares are expected to begin trading on Nov 20, 2025 on the Nasdaq Global Select Market, with closing expected on Nov 21, 2025 subject to customary closing conditions. The company granted underwriters a 30-day option to purchase up to 2,666,700 additional shares at the offering price, less underwriting discounts.

Joint lead book-running managers are Morgan Stanley and Keefe Bruyette & Woods; other bookrunners include BofA Securities, Piper Sandler, and Stephens. The registration statement on Form S-1 became effective on Nov 19, 2025.

Positive

• Offering size: 17,778,000 shares priced at $21.00
• Expected listing: Trading to begin on Nasdaq Global Select on Nov 20, 2025
• Gross proceeds (est.): approximately $373.3 million before underwriting discounts

Negative

• Closing condition: Offering closing is subject to customary conditions and may not occur on Nov 21, 2025
• Overallotment overhang: Underwriters have a 30-day option for 2,666,700 additional shares

Insights

Equity Capital Markets Analyst

Central Bancompany priced a $21.00 IPO for 17,778,000 shares; trading expected on Nov. 20, 2025.

Central Bancompany completed pricing for an initial public offering of 17,778,000 shares of Class A common stock at a public offering price of $21.00 per share, with trading expected on the Nasdaq Global Select Market under the symbol "CBC" on Nov. 20, 2025. The transaction includes a 30-day underwriter option for up to 2,666,700 additional shares and is set to close subject to customary closing conditions on Nov. 21, 2025.

The business effect is straightforward: the company is accessing public equity capital via a priced IPO with a standard greenshoe option and recognized lead managers. Key dependencies include satisfaction of the stated closing conditions and whether the underwriters exercise the 30-day option; both will affect the final capital raised. Monitor the actual closing on Nov. 21, 2025 and any announcement about exercise of the additional 2,666,700-share option within the 30-day post-pricing window for a complete view of proceeds and dilution.

JEFFERSON CITY, Mo., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Central Bancompany, Inc. (“Central Bancompany”), the bank holding company for The Central Trust Bank, today announced the pricing of its initial public offering of 17,778,000 shares of its Class A common stock at a public offering price of $21.00 per share. The shares are expected to begin trading on November 20, 2025 on the Nasdaq Global Select Market under the symbol “CBC.” The closing of the offering is expected to occur on November 21, 2025, subject to the satisfaction of customary closing conditions.

In addition, Central Bancompany has granted 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.

Morgan Stanley & Co. LLC and Keefe, Bruyette & Woods, Inc., A Stifel Company, are acting as joint lead book-running managers for the offering. BofA Securities, Piper Sandler & Co. and Stephens Inc. are acting as joint bookrunners.

A registration statement on Form S-1 (including a preliminary prospectus) relating to these securities became effective on November 19, 2025.

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.

The offering has been made only by means of a prospectus. Copies of the final prospectus relating to the offering, when available, 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. Investors may also view the registration statement, preliminary prospectus and, when available, the final prospectus on the SEC’s website at www.sec.gov.

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

When will Central Bancompany (CBC) begin trading on Nasdaq?

Shares are expected to begin trading on Nov 20, 2025 on the Nasdaq Global Select Market under ticker CBC.

How many shares and what price did Central Bancompany (CBC) set for its IPO on Nov 19, 2025?

The IPO was priced at 17,778,000 Class A shares at $21.00 per share.

What is the expected closing date for Central Bancompany's (CBC) IPO?

The offering is expected to close on Nov 21, 2025, subject to customary closing conditions.

Does Central Bancompany (CBC) allow underwriters an overallotment option?

Yes; underwriters have a 30-day option to purchase up to 2,666,700 additional shares at the public offering price, less underwriting discounts.

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

Joint lead book-running managers are Morgan Stanley and Keefe, Bruyette & Woods; joint bookrunners include BofA Securities, Piper Sandler, and Stephens.