Central Bancompany poised to open higher in Nasdaq debut after $373 million IPO

Central Bancompany

20/11/2025 15:28

Updates

** Missouri-based lender Central Bancompany CBC.O poised to open above offer price in its Nasdaq debut

** Stock indicated to open at $23 apiece vs $21 IPO price

** CBC sold 17.8 million shares at low end of marketed range of $21 and $24 apiece, raising $373 million

        ** Morgan Stanley and Keefe, Bruyette & Woods were joint lead book-running managers for offering

** CBC, previously listed on OTC, has $19.2 billion in assets and operates mainly in Missouri

** CBC closes out November window for IPO market as holiday slowdown approaches

** "It is unlikely a company will want to start its roadshow before Thanksgiving, so it's more likely they will start next week, which would still allow pricing and closing before Christmas," says Edward Best, co-chair of the capital markets practice at Willkie Farr & Gallagher

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))