Central Bancompany Q1 EPS $0.46 Beats, Deposits Up 5.2%, Dividend Up 118%
Central Bancompany posted Q1 net income of $111.1 million, or $0.46 per share, beating analyst expectations of $0.44 and generating $323.1 million in total revenue. The bank grew deposits by 5.2% year-over-year to $15.5 billion, repurchased 1.3 million shares at $24.03, and raised its quarterly dividend 118% to $0.12.
1. First-Quarter Financial Results
Central Bancompany delivered net income of $111.1 million in Q1 2026, or $0.46 per share, compared with $94.8 million, or $0.43 per share, in Q1 2025 and $107.6 million, or $0.47 per share, in Q4 2025. The bank reported total revenue of $323.1 million and revenue net of interest expense of $273.7 million, both surpassing forecast levels.
2. Balance Sheet and Capital Actions
Average total loans held for investment rose to $11.5 billion, up 1.2% from the prior quarter, while average deposits climbed 5.2% year-over-year to $15.5 billion. The company repurchased 1.3 million shares at an average price of $24.03 and increased its quarterly dividend by 118% to $0.12 per share.
3. Net Interest Income and Credit Trends
Net interest income reached $208.6 million, with a GAAP net interest margin of 4.32%, up from 4.19% a year earlier but down from 4.38% in the prior quarter. The provision for credit losses was $3.1 million, leaving the allowance at $149.9 million (1.30% of loans), and the efficiency ratio stood at 46.3%.