Central Bancompany, Inc.CBC

Central Bancompany, Inc. Earnings Per Share Disclosure

10-KFiled Mar 25, 20262 min read
Earnings Per Share
The Company, with its two classes of common stock, applies the two-class method of computing income per share. The two-class method requires the calculation of separate income per share amounts for the nonvested share-based awards and for common stock. The income per share attributable to common stock is shown in the following table.
Nonvested share-based awards vest subject to the satisfaction of service conditions and are subject to forfeiture until such service conditions are met. The nonvested share-based awards are not considered securities which participate in undistributed earnings with common stock. However, dividends or dividend equivalents actually declared or paid and charged to retained earnings for unvested awards with forfeitable rights to dividends reduces income available to common shareholders as these amounts reflect dividends that have been allocated to other-than-common-stockholders and reduce the amount available for distribution to the common stockholders.
Basic income per share is based on the weighted average number of common shares outstanding during the year. Diluted income per share gives effect to all dilutive potential common shares that were outstanding during the year. Since the nonvested share-based awards are subject to forfeiture, the shares are excluded from both the basic and diluted income per share computation. Presented below is a summary of the components used to calculate basic and diluted income per common share:
For the years ended December 31,
20252024
(dollars in thousands, except per share data)
Basic income per share:
Net income attributable to Central Bancompany, Inc.$390,853 $305,810 
Less: Dividends declared on forfeitable nonvested restricted stock667 120 
Net income allocated to common stock$390,186 $305,690 
Weighted average common shares outstanding222,352 220,589 
Basic income per common share$1.75 $1.39 
Diluted income per common share:
Net income attributable to Central Bancompany, Inc.$390,853 $305,810 
Less: Dividends declared on forfeitable nonvested restricted stock667 120 
Net income allocated to common stock$390,186 $305,690 
Weighted average diluted common shares outstanding222,352 220,589 
Diluted income per common share:$1.75 $1.39 
The Company is permitted, by authorization of the Board of Directors, to repurchase shares of the Company’s common stock. The authorization in June 2023 approved purchases until June 30, 2025, for a purchase price of not more than $25.0 million in aggregate. The Company opted not to purchase all authorized shares, with $12 million unutilized.
The table below shows activity in the outstanding shares of the Company’s common stock during the years ended December 31, 2025 and 2024.
December 31,
20252024
(shares in thousands)
Shares outstanding at beginning of year220,385 220,956 
Issuance of stock-based compensation276 318 
Purchases of treasury stock- (889)
Initial public offering20,445 - 
Shares outstanding at end of year241,106 220,385 
Free Sentinel

Want the next Central Bancompany, Inc. earnings per share disclosure the moment it drops?

Set a Sentinel and we'll alert you the moment Central Bancompany, Inc.'s next filing hits EDGAR. No credit card, your email never gets sold.

Track for free

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.

Other Available Disclosures

Income TaxesRevenueFair ValuePP&EGoodwill & IntangiblesLeasesSegmentsStock CompensationNew Standards