Central Plains Bancshares Q1 2026 Earnings: Revenue Up 12%, EPS Increases to $0.26

Central Plains Bancshares reported Q1 2026 earnings with revenue up 12% to $5.15m and net income up 9.4% to $988.0k. Profit margin remained at 19%, and EPS increased to $0.26 from $0.24 in Q1 2025.

Central Plains Bancshares, Inc. (CPBI) has reported its Q1 2026 earnings, showcasing robust financial performance and strategic growth initiatives. The regional bank holding company reported revenue up 12% to $5.15 million and net income up 9.4% to $988,000. Profit margin remained at 19%, while earnings per share (EPS) increased to $0.26 from $0.24 in Q1 2025.

Financial Highlights

The company's total interest and dividend income reached $6.6 million, marking an increase of $670,000 or 11.3% from the previous year [1]. This growth was primarily driven by higher interest income on loans, influenced by market interest rate increases and loan growth. Net interest income before provision for credit losses rose to $4.5 million, an increase of $523,000 or 13.2% compared to the previous year [1]. This improvement reflects a better interest rate spread and net interest margin.

Business Highlights

The company experienced a 2.7% increase in gross loans, reaching $413.2 million as of June 30, 2025. This growth was driven by increases across all loan categories, with the most significant rise in agriculture loans, which increased by 11.3% to $47.7 million [1]. Central Plains Bancshares expanded its service coverage by opening two new branch offices in Lincoln and Hastings, Nebraska, enhancing customer engagement and supporting growth.

Total deposits decreased by 3.7% to $400.6 million, primarily due to funds leaving the Association that were held in a 1031 exchange. However, time certificates of deposit increased by 2.9% as customers sought higher-yield options [1]. The company increased its borrowings to $8.5 million as of June 30, 2025, utilizing FHLB advances to support additional loan funding.

Future Outlook

Management is focused on maintaining asset quality while growing the loan portfolio. The company is prepared to utilize FHLB advances to support additional loan funding if necessary and plans to continue monitoring deposit balances and interest rates to maintain adequate liquidity [1].

References

[1] https://www.tradingview.com/news/tradingview:6dcf3239ed0d0:0-central-plains-bancshares-inc-sec-10-q-report/