CPB (NYSE:CPF) Issues Quarterly Earnings Results

Key Points

• EPS beat: CPB reported Q1 EPS of $0.78 versus $0.74 expected, with net income of $20.7M (≈20% YoY) and ROAE ~13.9%, though revenue modestly missed at $72.93M.
• Guidance and margin risks: Management guided NIM to 3.50%–3.55% and full‑year net interest income growth of 4%–6% but cautioned that back‑book repricing has moderated and competitive pressure on new loan yields could limit upside.
• Capital returns and credit health: The board declared a $0.29 quarterly dividend (3.4% yield) and repurchased ~$10.5M of stock with ~$44.5M remaining, while credit metrics remain healthy (NPAs 19 bps; total risk‑based capital 14.7%).

CPB (NYSE:CPF - Get Free Report) announced its earnings results on Wednesday. The financial services provider reported $0.78 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.04, Zacks reports. CPB had a net margin of 21.17% and a return on equity of 13.64%. The company had revenue of $72.93 million during the quarter, compared to the consensus estimate of $74.30 million.

Here are the key takeaways from CPB's conference call:

• Strong quarterly earnings: Net income was $20.7 million and EPS was $0.78 (up ~20% YoY), with return on average equity of 13.9%, which management says demonstrates durable organic earnings power.
• Margin and revenue outlook: management guided NIM to 3.50%–3.55% and full-year net interest income growth of 4%–6%, but noted back‑book repricing has moderated and competitive pressure on new loan yields could limit upside.
• Loan and deposit growth: total loans rose $31 million to $5.3 billion and deposits increased $90 million to $6.7 billion (core deposits >90%), with a balanced Hawaii/mainland pipeline and a focus on commercial real estate opportunities.
• Healthy credit and capital position: non‑performing assets were $14.5 million (19 bps), net charge‑offs 18 bps, provision expense $2.4 million, and total risk‑based capital ratio was 14.7%, with no material customer impacts identified from recent storms.
• Ongoing capital returns and flexibility: the board declared a $0.29 quarterly dividend, the company repurchased ~$10.5 million of stock this quarter and has ~$44.5 million remaining under the buyback program while retaining capacity to fund loan growth.

CPB Stock Performance

Shares of NYSE:CPF opened at $34.14 on Thursday. The stock has a market capitalization of $902.64 million, a P/E ratio of 11.94 and a beta of 0.88. CPB has a 1-year low of $25.23 and a 1-year high of $35.41. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.13. The business has a 50-day moving average price of $32.59 and a two-hundred day moving average price of $31.64.

CPB Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, May 29th. CPB's payout ratio is currently 40.56%.

Trending Headlines about CPB

Here are the key news stories impacting CPB this week:

• Positive Sentiment: Q1 EPS beat consensus — CPF reported net income of $20.7M and EPS of $0.78, beating consensus estimates (Zacks/MarketBeat) and improving year‑over‑year from $0.65 in Q1 2025; the beat supports investor sentiment. Business Wire: Q1 2026 Earnings
• Positive Sentiment: Quarterly dividend declared — CPF announced a $0.29 per‑share quarterly dividend (ex‑dividend/record and payment dates set), implying a ~3.4% yield; the payout can attract income‑focused investors and supports the stock’s appeal. (Dividend notice published 4/29.)
• Neutral Sentiment: Analyst/coverage notes and investor materials available — the company released a press release, slide deck and hosted a conference call (transcript available), giving analysts more detail to refine models; this increases transparency but may not change the near‑term direction until guidance/items are digested. Slide Deck / Press Release
• Neutral Sentiment: Revenue slightly missed expectations — Q1 revenue was $72.93M vs. analyst expectations near $74.3M; the miss is modest but worth watching for trends in loan growth and net interest income. Zacks: Q1 Results
• Negative Sentiment: Quarter‑over‑quarter earnings decline — net income and EPS were down from the prior quarter (Q4 2025 net income $22.9M, EPS $0.85 to Q1’s $20.7M/$0.78), which could raise questions about margin or interest‑rate dynamics if the trend persists. The Market Is Open: Q1 Coverage

Institutional Investors Weigh In On CPB

Several institutional investors have recently modified their holdings of the business. Invesco Ltd. raised its stake in shares of CPB by 122.4% during the fourth quarter. Invesco Ltd. now owns 185,893 shares of the financial services provider's stock worth $5,792,000 after buying an additional 102,301 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new position in CPB in the fourth quarter valued at approximately $242,000. Empowered Funds LLC boosted its stake in CPB by 9.4% in the fourth quarter. Empowered Funds LLC now owns 119,889 shares of the financial services provider's stock valued at $3,736,000 after acquiring an additional 10,337 shares during the last quarter. Numerai GP LLC acquired a new stake in CPB during the 4th quarter worth $316,000. Finally, Millennium Management LLC grew its holdings in CPB by 59.8% during the 4th quarter. Millennium Management LLC now owns 153,529 shares of the financial services provider's stock worth $4,784,000 after acquiring an additional 57,455 shares during the period. Institutional investors and hedge funds own 88.42% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Keefe, Bruyette & Woods increased their price target on shares of CPB from $36.00 to $37.00 and gave the company a "market perform" rating in a research note on Thursday, April 9th. Piper Sandler dropped their price objective on shares of CPB from $39.00 to $37.00 and set an "overweight" rating for the company in a research report on Thursday, April 2nd. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, CPB has a consensus rating of "Moderate Buy" and an average target price of $37.00.

About CPB

Charoen Pokphand Foods Public Company Limited NYSE: CPF is a Thailand‐based integrated agro‐industrial and food conglomerate. Headquartered in Bangkok, the company is a subsidiary of the Charoen Pokphand Group and has grown into one of the world's leading producers of livestock feed, meat and seafood products. CPF's businesses span animal feed milling, animal breeding and hatchery operations, meat and seafood processing, and the distribution of fresh, frozen and value‐added food products.

CPF's product portfolio includes poultry, swine and aquaculture feed; fresh and frozen chicken and pork; shrimp and other seafood; as well as ready‐to‐eat and ready‐to‐cook food items.