Central Bancompany, Inc. · NASDAQ:CBC
Central Bancompany — IPO Roadshow (November 2025)
36 slides from Central Bancompany's IPO roadshow presentation, Nov 6, 2025
Slide 1: Investor Presentation – Central Bancompany November 2025
Investor Presentation CENTRAL BANCOMPANY NOVEMBER | 2025
Slide 2: Legal Disclaimer
Legal Disclaimer 2 This presentation contains forward-looking statements within the meaning of U.S. federal securities laws, which involve risks and uncertainties. You should not place undue reliance on forward-looking statements because they are subject to numerous uncertainties and factors relatin
Slide 3: Offering Summary
3 Offering Summary Issuer: Central Bancompany, Inc. Exchange / Ticker: NASDAQ / CBC Base Offering Size: 17,778,000 Shares of Class A common stock / $400,005,000 (at midpoint of filing range) (1) Composition: 100% Primary Overallotment Option: 15% / 2,666,700 Shares (100% Primary) Filing Range: $21.0
Slide 4: Today’s Presenters
4 Today’s Presenters Bryan Cook Chairman • Previously served as Central’s Chief Executive Officer, Chief Operating Officer and President of Central Trust Bank • Received a B.A. in Economics from Washington & Lee University, M.A. in Economics, M.B.A. and Ph.D. in Economics from the University of Miss
Slide 5: Central Bancompany’s History & Overview
Central Bancompany’s History & Overview 5 1902 Creation of Central Bank 1973 Expanded into St. Louis, Missouri 1993 Added Our 50th Location 2001-2007 Midwest expansion into Oklahoma and Kansas 2022 Expanded into the State of Florida 1980 First Automated Teller Machine (ATM) 1998 Launched Internet Ba
Slide 6: Our Markets
0.69 1.13 Central Peer Median 8.3 8.1 Central Peer Median 2.8 1.9 Central Peer Median 6 Our Markets Denver Kansas City Jefferson City St. Louis Oklahoma City Tulsa Notes: 1. Data sourced from S&P Global Market Intelligence as of June 30, 2025 (most recent publicly available information) and is estim
Slide 7: Our Vision & Culture
7 Our Vision & Culture To Become a Leading Financial Services Provider in Each Community We Serve Notes: 1. Net Promoter Score represents Central Bancompany’s 2024 figure for Consumer, Commercial and Wealth businesses weighted by number of responses on our most recent customer survey 2. As of Septem
Slide 8: Community Bank Service Model with Best-in-Class Products, Services and Technologies
696 421 411 368 365 364 349 345 310 309 8 Community Bank Service Model with Best-in-Class Products, Services and Technologies Strong Roots, Endless Possibilities Total Deposits (as of 9/30/25) ($MM) Total Loans (as of 9/30/25) ($MM) 3Q2025 Return on Average Assets “ROAA” (%) Deposit Market Share (%)
Slide 9: Future State Technology and Innovation
Future State Technology and Innovation Current State: Industry Leader Driven By In-House Capabilities (3) • Major investment to replace in-house developed core with new customized core ‒ Increase speed to market through expansion of API services ‒ Transform to real-time transaction processing capabi
Slide 10: Deposit Base Overview
2.3 3.0 3.2 3.2 3.3 3.8 5.3 6.3 5.9 5.4 5.3 5.3 5.1 6.0 6.4 6.7 6.8 7.8 9.1 9.8 9.7 9.5 9.7 9.5 $7.4 $9.0 $9.6 $9.9 $10.1 $11.6 $14.4 $16.1 $15.6 $14.9 $15.0 $14.8 2014Y 2015Y 2016Y 2017Y 2018Y 2019Y 2020Y 2021Y 2022Y 2023Y 2024Y 3Q'25 Noninterest-Bearing Deposits Other Deposits Noninterest-bearing
Slide 11: Loan Portfolio Overview
4.7 5.4 5.7 5.9 6.1 7.1 7.9 7.7 8.2 7.5 7.4 7.3 0.9 0.9 1.0 1.0 1.0 1.0 1.1 1.2 1.7 2.8 3.2 3.3 1.0 1.1 1.2 1.3 1.3 1.3 1.3 1.4 1.4 1.2 1.1 0.7 $6.6 $7.4 $7.9 $8.2 $8.4 $9.4 $10.3 $10.3 $11.3 $11.5 $11.7 $11.3 2014Y 2015Y 2016Y 2017Y 2018Y 2019Y 2020Y 2021Y 2022Y 2023Y 2024Y 3Q'25 Commercial Loans R
Slide 12: Key Financial Metrics vs. Peers
ROAA (2) 1.97% 1.95% 0.81% 1.10% 1.28% ✓ + 98% Adjusted ROAA (2)(3) 2.06% 2.02% 0.82% 1.14% 1.33% ✓ + 98% Net Interest Margin (2)(4) 4.27% 4.23% 3.12% 3.43% 3.71% ✓ + 94% Efficiency Ratio 50% 50% 64% 58% 54% ✓ + 80% Efficiency Ratio (FTE) (3) 48% 49% 62% 56% 50% ✓ + 82% EPS Growth (10 Year CAGR) (5)
Slide 13: Three Key Elements of Our Success
13 Three Key Elements of Our Success: High, Resilient, and Growing Profitability An Attractive & Exciting Investment Story Growing +10% EPS CAGR since 1972 Resilient 1.02%+ ROAA in GFC High 1.97% ROAA (1) 2.06% Adj. ROAA (1)(2) Strong Market Position and Granular, Low-Cost Deposit Customer Franchise
Slide 14: Granular, Low-Cost Deposit Customer Franchise
88% 89% 86% 84% 78% 3Q'25 2Q'25 Peers Top Quartile Peer Median Peers Bottom Quartile $20 $32 $38 $50 CBCY.B Peer Top Quartile Median Peer Bottom Quartile 2Q’25 0.57% 0.28% 0.12% 0.24% 0.87% 1.30% 1.20% 0.77% 0.36% 0.12% 0.27% 1.61% 2.25% 2.02% 2019Y 2020Y 2021Y 2022Y 2023Y 2024Y 1H'25 High Profitabi
Slide 15: Diversified Revenue Profile with Differentiated Wealth Business
80% 75% 51% 28% 21% 3Q'25 2Q'25 Peers Top Quartile Peer Median Peers Bottom Quartile High Profitability 15 2 Diversified Revenue Profile with Differentiated Wealth Business Diversified Earnings Sources and High Fee Income Attractive Fee Income Profile with Strong Wealth Business Comparatively Large
Slide 16: Ability to Leverage Strong Balance Sheet
25.8% 25.0% 15.8% 14.7% 13.8% 14.8% 14.7% 14.8% 13.8% 13.3% 3Q'25 2Q'25 Peers Top Quartile Peer Median Peers Bottom Quartile 37% 36% 28% 22% 18% 3Q'25 2Q'25 Peers Top Quartile Peer Median Peers Bottom Quartile 77% 77% 78% 87% 91% 3Q'25 2Q'25 Peers Top Quartile Peer Median Peers Bottom Quartile 24.6%
Slide 17: Demonstrated Risk Management Capabilities
24% 23% 27% 32% 38% 3Q'25 4Q'24 Peers Top Quartile Peer Median Peers Bottom Quartile 465 493 496 556 633 687 2.16% 0.36% 0.08% 1.68% 5.03% 5.14% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 0 100 200 300 400 500 600 700 800 2019Y 2020Y 2021Y 2022Y 2023Y 2024Y 0.30% 0.28% 0.30% 0.47% 1.32% 1
Slide 18: Consistent Earnings Growth from Commitment to Operational Excellence
4.27% 4.23% 3.71% 3.43% 3.12% 22% 22% 22% 18% 13% 0% 5% 10% 15% 20% 25% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% YTD Q3'25 YTD Q2'25 Peers Top Quartile Peer Median Peers Bottom Quartile 50% 54% 58% 64% 3% 4% 7% 10% -40% -30% -20% -10% 0% 10% 0% 10% 20% 30% 40% 50% 60% 70% 80% YTD
Slide 19: Structural Tailwinds Will Continue Driving Earnings Growth
465 493 496 556 633 687 505 583 2.16% 0.36% 0.08% 1.68% 5.03% 5.14% 5.31% 4.32% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% 10.0 0% 0 100 200 300 400 500 600 700 800 2019Y 2020Y 2021Y 2022Y 2023Y 2024Y YTD 2024Q3 YTD 2025Q3 Net Interest Income Avg. Fed Funds 6% 1% 10% 4% 11% 3% 19% 1
Slide 20: Our Strategic Growth Plans: The Road Ahead
Growing Profitability 20 Our Strategic Growth Plans “The Road Ahead” Deepen Customer Relationships • Utilize reputation, expertise and customer-centric banking model to further penetrate customer base in wealth and treasury management • Targeting a portion of the ~$40Bn (1) potential wealth assets h
Slide 21: Illustrative Transaction Returns on Excess Capital
Illustrative Transaction Gross ROIC (%) 10% 13% 16% Pro Forma Excess Capital ($MM) (1) (2) 1,722 1,722 1,722 Gross Incremental Earnings ($MM) 172 224 276 Illustrative Core Price / 2026E EPS (x) 12.6x 12.6x 12.6x Illustrative Value of Incremental Earnings ($MM) 2,168 2,819 3,470 Illustrative Value of
Slide 22: Illustrative Deployment of Excess Capital Unlocks Significant Additional Upside
22 Illustrative Deployment of Excess Capital Unlocks Significant Additional Upside for an Already Valuable Franchise (1) Illustrative Value of Core Bank (2) Illustrative Value of Excess Capital (2) Illustrative Total Value of Bank Illustrative Undeployed Value of Excess Capital Illustrative Deployed
Slide 23: Central Compares Favorably Among Select High-Performing Banks
YTD Adj. ROTCE 10Y EPS YTD Adj. P/E YTD Adj. Adj. P/'26E Total Excess Adj. for Excess 10Y EPS Growth Adj. for Excess Excess Capital Adj. for Assets Capital Capital ex. AOCI CAGR Variance Capital P / E Excess Capital ($Bn) ($MM) (%) (%) (%) (x) (x) (x) CBCY $19.2 $1,722 22.1% 12% 1.0% 9.5x - 11.4x 2.
Slide 24: Experienced Acquirer with Large Opportunity Set
FL OK KS CO MO TX 24 Experienced Acquirer with Large Opportunity Set Geographic Areas of Focus The Inverted Triangle of Opportunities over Last Four Years ~30 Opportunities Reviewed ~20 Opportunities Did Not Meet Selection Criteria ~3 Bids Submitted (Not Accepted) (1) 6 Growing Profitability Strong
Slide 25: Significantly Aligned Shareholder Base Given Ownership Structure
• Central Bancompany has been under family ownership in the Cook Family since its founding in 1902 • 71.1% of the Company’s class A common stock is held in the voting trust – Extended members of the Cook Family, certain employees, descendants of former employees, and certain other shareholders have
Slide 26: Appendix
Appendix
Slide 27: Undeployed Value of Excess Capital Is Worth $1.7Bn
($MM, unless otherwise noted) As of Sept. 30, 2025 Primary Offering Pro Forma Consolidated Common Equity Tier 1 ("CET1") 3,005 374 3,379 Risk-Weighted Assets 12,212 - 12,212 CET1 Ratio (%) 24.6% 3.1% 27.7% Bank-Level CET1 Capital 1,652 - 1,652 Risk-Weighted Assets 12,175 - 12,175 CET1 Ratio (%) 13.6
Slide 28: Resilient Credit Quality
0.05% 0.04% 0.05% 0.04% 0.08% 0.08% 0.10% 0.08% 0.13% 0.12% 0.15% 0.12% 0.19% 0.18% 0.18% 0.00% 0.05% 0.10% 0.15% 0.20% 0.25% 0.00% 0.10% 0.20% FY'24 1Q'25 2Q'25 3Q'25 Commercial Resi & Consumer Peer Median 0.09% 0.12% 0.13% 0.12% 0.12% 0.13% 0.12% 0.15% 0.02% 0.23% 0.03% 0.03% 0.03% 0.28% 0.28% 0.3
Slide 29: Full Suite of Products & Services
29 Full Suite of Products & Services ($MM, unless otherwise noted) Commercial Consumer Wealth Consolidated (1) Total Revenue 355.9 312.6 56.2 749.1 Fee Income Ratio 9% 25% 100% 22% Net Promoter Score (NPS) (2) 65 71 88 71 Total Loans ($Bn) 8.3 3.1 - 11.3 Total Deposits ($Bn) 7.2 7.8 - 14.8 Assets Un
Slide 30: Reconciliation of Certain Non-GAAP Metrics
(Dollars in Thousands) 2025 2024 2025 2024 2024 2023 Noninterest income $57,070 $50,486 $165,925 $186,345 $210,390 $206,880 Less: Loss on sale of consumer lease portfolio - - (13,612) - - - Less: Investment securities gains (losses) (6,920) (12,064) (6,811) 2,596 (36,661) (18,894) Adjusted nonintere
Slide 31: Reconciliation of Certain Non-GAAP Metrics (Cont’d)
(Dollars in Thousands) 2025 2024 2024 2023 Net interest income $583,201 $504,913 $687,324 $633,179 Noninterest income 165,925 186,345 210,390 206,880 Total revenue 749,126 691,258 897,714 840,059 Less: Loss on sale of consumer lease portfolio (13,612) - - - Less: Investment securities gains (losses)
Slide 32: Reconciliation of Certain Non-GAAP Metrics (Cont’d)
(Dollars in Thousands) 2025 2024 2025 2024 2024 2023 Net income $97,098 $72,620 $283,261 $243,925 $305,810 $273,693 Add: Loss on sale of consumer lease portfolio, net of provision and taxes (1)(2) - - 6,563 - - - Add: available-for-sale ("AFS") securities losses, net of taxes (1) 5,270 9,146 5,270 9
Slide 33: Reconciliation of Certain Non-GAAP Metrics (Cont’d)
(Dollars in Thousands) 2025 2024 2025 2024 2024 2023 Net income $97,098 $72,620 $283,261 $243,925 $305,810 $273,693 Add: Amortization of intangible assets, net of taxes (1) 615 623 1,843 1,960 2,580 2,681 Tangible net income (non-GAAP) $97,713 $73,243 $285,104 $245,885 $308,390 $276,374 Add: Loss on
Slide 34: Adjusted Net Income Adjusted for Excess Capital
(Dollars in Millions) Net income (YTD) 283 Add: Loss on sale of consumer lease portfolio, net of provision and taxes (YTD) (1)(2) 7 Add: available-for-sale ("AFS") securities losses, net of taxes (YTD) (1) 5 Add: Equity securities losses (gains), net of taxes (YTD) (1) (0) Adjusted Net Income (YTD)
Slide 35: Reconciliation of Certain Non-GAAP Metrics (Cont’d)
(Dollars in Millions) For the Nine Months Ended September 30, 2025 For the Six Months Ended June 30, 2025 Net income (YTD) 283 186 Add: Loss on sale of consumer lease portfolio, net of provision and taxes (YTD) (1) (2) 7 - Add: Net investment securities losses (YTD) (1) 5 6 Adjusted Net Income (YTD)
Slide 36: Reconciliation at $21.00 and $24.00 Offer Prices
For the Nine Months Ended September 30, 2025 For the Six Months Ended June 30, 2025 (Dollars in Millions) $21.00 Offer Price $24.00 Offer Price $21.00 Offer Price $24.00 Offer Price Net income (YTD) $283 $283 $186 $186 Add: Loss on sale of consumer lease portfolio, net of provision and taxes (YTD) (