CPB (CPF) to Release Quarterly Earnings on Friday

CPB (NYSE:CPF - Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Friday, July 25th. Analysts expect the company to announce earnings of $0.70 per share and revenue of $71.80 million for the quarter.

CPB (NYSE:CPF - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.65 EPS for the quarter, beating the consensus estimate of $0.63 by $0.02. CPB had a net margin of 16.76% and a return on equity of 12.65%. The business had revenue of $68.80 million during the quarter, compared to analysts' expectations of $68.93 million. During the same period in the previous year, the business posted $0.48 EPS. On average, analysts expect CPB to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

CPB Stock Down 0.5%

NYSE:CPF traded down $0.15 during midday trading on Monday, hitting $28.55. 88,784 shares of the company were exchanged, compared to its average volume of 203,311. The company has a market capitalization of $770.27 million, a PE ratio of 13.34 and a beta of 1.04. CPB has a fifty-two week low of $23.16 and a fifty-two week high of $33.25. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.24. The company has a fifty day simple moving average of $27.50 and a 200 day simple moving average of $27.39.

CPB Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Friday, May 30th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date was Friday, May 30th. CPB's dividend payout ratio (DPR) is presently 50.47%.

Insider Buying and Selling

In other news, Director Paul K. Yonamine sold 2,765 shares of CPB stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $26.31, for a total value of $72,747.15. Following the sale, the director directly owned 19,711 shares in the company, valued at approximately $518,596.41. This trade represents a 12.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Agnes Catherine Ngo sold 3,333 shares of the stock in a transaction on Monday, May 12th. The shares were sold at an average price of $27.71, for a total value of $92,357.43. Following the sale, the director directly owned 72,922 shares in the company, valued at $2,020,668.62. This trade represents a 4.37% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,764 shares of company stock worth $352,386 over the last ninety days. 2.40% of the stock is owned by insiders.

Institutional Trading of CPB

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Millennium Management LLC grew its stake in shares of CPB by 433.6% in the first quarter. Millennium Management LLC now owns 293,335 shares of the financial services provider's stock worth $7,932,000 after acquiring an additional 238,367 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of CPB by 1.6% in the 1st quarter. AQR Capital Management LLC now owns 169,809 shares of the financial services provider's stock valued at $4,592,000 after buying an additional 2,731 shares during the period. Empowered Funds LLC boosted its position in shares of CPB by 4.2% in the 1st quarter. Empowered Funds LLC now owns 94,421 shares of the financial services provider's stock valued at $2,553,000 after purchasing an additional 3,837 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of CPB by 9.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 89,160 shares of the financial services provider's stock worth $2,411,000 after buying an additional 7,530 shares in the last quarter. Finally, Jane Street Group LLC increased its position in CPB by 42.3% during the first quarter. Jane Street Group LLC now owns 85,601 shares of the financial services provider's stock worth $2,315,000 after buying an additional 25,448 shares in the last quarter. 88.42% of the stock is owned by institutional investors.

About CPB

Central Pacific Financial Corp. operates as the bank holding company for Central Pacific Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products and services, including checking, savings and time deposits, cash management and digital banking, trust, and retail brokerage services, as well as money market accounts and certificates of deposit.