Central Plains Bancshares, Inc. CPBI
Central Plains Bancshares, Inc.
Central Plains Bancshares, Inc. (the "Company" or "Central Plains Bancshares") is a Maryland corporation and owns 100% of the outstanding common stock of Home Federal Savings and Loan Association of Grand Island ("Home Federal Savings"). On October 19, 2023, we completed our initial public offering of common stock in connection with the mutual-to-stock conversion of Home Federal Savings. The Company sold 4,130,815 shares of common stock at $10.00 per share in its subscription offering for gross proceeds of approximately $41.3 million. Since the completion of our initial public offering, we have not engaged in any significant business activity other than owning the common stock of and having savings deposits in Home Federal Savings. At March 31, 2026, we had consolidated assets of $558.6 million, consolidated deposits of $460.4 million and consolidated stockholders' equity of $89.0 million.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $27.7M | $24.7M | $21.0M | $16.1M | — |
| Interest expense | $9.0M | $8.2M | $6.5M | $2.7M | — |
| Pre-tax income | $5.0M | $4.5M | $4.6M | $2.0M | — |
| Income tax | $991.0K | $869.0K | $877.0K | $317.0K | — |
| Net income | $4.0M | $3.7M | $3.8M | $1.6M | — |
| EPS, basic | 1.06 | 0.96 | 2.19 | — | — |
| EPS, diluted | 1.05 | 0.96 | 2.19 | — | — |
| Shares, diluted (wtd. avg.) | $3.8M | $3.8M | $1.7M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $29.9M | $28.7M | $11.5M | $16.6M | — |
| Property, plant and equipment | $12.8M | $12.9M | $5.9M | $4.1M | — |
| Total assets | $558.6M | $508.7M | $463.3M | $437.8M | — |
| Total liabilities | $469.7M | $425.4M | $385.0M | $399.1M | — |
| Retained earnings | $54.4M | $50.7M | $47.1M | $43.8M | — |
| Total equity | $89.0M | $83.3M | $78.3M | $38.7M | $38.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating cash flow | $6.7M | $4.5M | $5.7M | $4.5M | — |
| Depreciation and amortisation | $965.0K | $455.0K | $518.0K | $305.0K | — |
| Stock-based compensation | $759.0K | $193.0K | — | — | — |
| Capital expenditure | $878.0K | $7.5M | $2.3M | $303.0K | — |
| Investing cash flow | -$49.0M | -$27.9M | -$31.2M | -$32.9M | — |
| Financing cash flow | $43.5M | $40.7M | $20.3M | $26.0M | — |
| Buybacks | $679.0K | $413.0K | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-275962.
Others in SIC 6035
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|---|---|---|---|---|
| AX | Axos Financial, Inc. | $5.56B | 11.6x | 23.5% |
| EBC | Eastern Bankshares, Inc. | $5.08B | 51.7x | 19.1% |
| TFSL | TFS Financial CORP | $4.93B | 54.9x | 4.0% |
| BKU | BankUnited, Inc. | $3.30B | 13.1x | 7.4% |
| PFS | PROVIDENT FINANCIAL SERVICES INC | $3.09B | 10.6x | 7.1% |
| CFFN | Capitol Federal Financial, Inc. | $1.11B | 17.1x | 6.5% |
| HTB | HomeTrust Bancshares, Inc. | $788.8M | 12.7x | -2.1% |
| KRNY | Kearny Financial Corp. | $657.7M | 17.8x | -0.1% |