Core Viewpoint - Central Bancompany is preparing for an IPO in the US with a target valuation of up to $5.72 billion and aims to raise approximately $426.7 million by selling 17.8 million shares priced between $21 and $24 each [1][4]. Company Overview - Central Bancompany is a US-based financial institution with total assets of $19.1 billion and $14.2 billion in wealth assets under advice as of June 30, 2025 [2]. - The company operates through its subsidiary, The Central Trust Bank, providing consumer and commercial banking services, as well as wealth management products, primarily in Missouri, Kansas, Oklahoma, and Colorado [2]. Market Position - As of June 30, 2025, Central Bancompany operated 156 full-service branches and held an estimated deposit market share of 24% across its markets [3]. IPO Details - The IPO is being led by Morgan Stanley, Keefe Bruyette Woods, BofA Securities, Piper Sandler, and Stephens, acting as joint bookrunners [4]. - Proceeds from the IPO are intended for general corporate use and to support future growth initiatives, with potential allocation for future acquisition opportunities [3].
Central Bancompany seeks valuation of up to $5.72bn in US IPO