Missouri bank Central Bancompany (CBC.US) transferred to Nasdaq for listing, with a pricing range of $21-24 per share, aiming to raise $400 million.

Central Bancompany, a super community bank based in Missouri, announced its terms for its initial public offering (IPO) last Friday. The company is currently listed on the Over-the-Counter (OTC) market with the stock symbol "CBCY" and plans to list on the Nasdaq stock exchange with the stock symbol "CBC". The company plans to raise $400 million by issuing 17.8 million shares at a price range of $21 to $24 per share. At the midpoint of the price range, Central Bancompany's market value would reach $5.4 billion. Central Bancompany is a super community bank with 156 full-service branches in 17 metropolitan statistical areas (MSAs). The bank's operations are mainly focused in Missouri, but it is expanding its business presence in Kansas, Oklahoma, Colorado, and Florida. As of September 30, 2025, Central Bancompany has total assets of $19.2 billion, loans (net of credit loss reserves) of $11.3 billion, deposits of $14.8 billion, and total shareholder equity of $3.3 billion. Founded in 1902, Central Bancompany generated revenue of $956 million in the 12 months ending September 30, 2025. Morgan Stanley, Keefe, Bruyette & Woods, Bank of America Corp Securities, Piper Sandler & Co., and Stephens Inc. are the joint bookrunners for this transaction.