Missouri-based bank Central Bancompany (CBC.US) will transfer to be listed on Nasdaq, intending to raise 100 million US dollars.

date
14:55 13/10/2025
avatar
GMT Eight
Central Bancompany, a bank based in Missouri, has applied to the U.S. Securities and Exchange Commission (SEC) to transfer from the OTC market to the Nasdaq main board for listing, and plans to raise up to $100 million in funds through an IPO.
Central Bancompany, headquartered in Missouri (with 156 branches in 5 states across the US) submitted an application to the Securities and Exchange Commission (SEC) last Friday, intending to raise up to $100 million through an initial public offering (IPO). In this IPO plan, the company intends to list on the NASDAQ stock exchange with the stock code "CBC". Currently, the company is listed on the over-the-counter market (OTC) with the stock code "CBCY". As a "super community bank", Central Bancompany has 156 full-service branches in 17 metropolitan statistical areas (MSAs). Its operations are primarily focused in Missouri, but it is gradually expanding into Kansas, Oklahoma, Colorado, and Florida. As of June 30, 2025, the bank's total assets reached $19.1 billion, with loan balances of $11.2 billion after deducting credit loss reserves, deposit size of $14.8 billion, and total shareholder equity of $3.2 billion. Founded in Jefferson City, Missouri in 1902, the bank generated revenue of $925 million in the 12 months leading up to June 30, 2025. Central Bancompany reportedly submitted its listing application secretly on April 29, 2025. Morgan Stanley, Keefe Bruyette Woods, BofA Securities, Piper Sandler, and Stephens Inc. will serve as joint bookrunners for this transaction, with the specific pricing terms yet to be disclosed.