Quarterly ResultApr 28, 2026, 08:03 AM
CBC Q1 Net Income $111.1M, +17% YoY; EPS $0.46; Dividend +118%
AI Summary
Central Bancompany, Inc. reported strong first quarter 2026 financial results with GAAP net income of $111.1 million, a 17.2% increase year-over-year, and diluted EPS of $0.46. The company demonstrated a commitment to capital deployment by increasing its quarterly dividend by 118% to $0.12 per share and repurchasing $32 million of outstanding shares. Key highlights include a 10.2% rise in net interest income, 5.2% growth in average total deposits, and an improved efficiency ratio of 46.3%.
Key Highlights
- GAAP net income was $111.1 million, a 17.2% increase from Q1 2025.
- GAAP diluted EPS was $0.46, up 7.2% from $0.43 in Q1 2025.
- Quarterly dividend increased by 118% to $0.12 per share.
- Repurchased over 1.3 million shares for $32 million at an average price of $24.03.
- GAAP net interest income rose 10.2% YoY to $208.6 million.
- Average total deposits increased 5.2% YoY to $15.5 billion.
- Average total loans held for investment grew 1.2% QoQ to $11.5 billion.
- Efficiency ratio improved to 46.3% from 49.3% in Q1 2025.