CPB Company Profile (NYSE:CPF)

CPB trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPF."

CPB declared a quarterly dividend on Wednesday, April 26th. Stockholders of record on Wednesday, May 31st will be paid a dividend of $0.18 per share on Thursday, June 15th. This represents a $0.72 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Friday, May 26th. This is a boost from CPB's previous quarterly dividend of $0.16. View CPB's Dividend History.

CPB announced that its Board of Directors has approved a share repurchase program on Sunday, April 9th 2017, which allows the company to repurchase $30,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 3.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued.

CPB Inc. (NYSE:CPF) issued its quarterly earnings results on Wednesday, April, 26th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. The company earned $51.27 million during the quarter, compared to the consensus estimate of $51.10 million. CPB had a return on equity of 9.52% and a net margin of 22.58%. During the same quarter last year, the firm posted $0.35 earnings per share. View CPB's Earnings History.

CPB is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for CPB.

3 brokerages have issued 12-month price targets for CPB's shares. Their forecasts range from $26.00 to $32.50. On average, they anticipate CPB's stock price to reach $28.83 in the next year. View Analyst Ratings for CPB.

CPB saw a drop in short interest during the month of June. As of June 15th, there was short interest totalling 226,992 shares, a drop of 57.2% from the May 31st total of 530,591 shares. Based on an average trading volume of 191,939 shares, the short-interest ratio is presently 1.2 days. Approximately 0.8% of the shares of the company are short sold.

Some companies that are related to CPB include Bank of N.T. Butterfield & Son Limited (The) (NTB), Provident Financial Services (PFS), Independent Bank Group (IBTX), Pacific Premier Bancorp (PPBI), S&T Bancorp (STBA), 1st Source Corporation (SRCE), Heartland Financial USA (HTLF), Enterprise Financial Services Corporation (EFSC), Lakeland Bancorp (LBAI), Opus Bank (OPB), Washington Trust Bancorp (WASH), OceanFirst Financial Corp. (OCFC), Live Oak Bancshares (LOB), Stock Yards Bancorp (SYBT), TriCo Bancshares (TCBK), German American Bancorp (GABC), Univest Corporation of Pennsylvania (UVSP) and Heritage Financial Corporation (HFWA).

CPB's management team includes the folowing people:

• John C. Dean, Executive Chairman of the Board of the Company and the Bank
• Agnes Catherine Ngo, President, Chief Executive Officer, Director of the Company and the Bank
• David S. Morimoto, Chief Financial Officer, Executive Vice President
• Lee Y. Moriwaki, Executive Vice President, Chief Information Officer
• Wayne H. Kirihara, Executive Vice President, Chief Marketing Officer
• Patricia L. Foley, Executive Vice President, Division Manager, Human Resources
• Glenn K C Ching, Executive Vice President, Chief Legal Officer and Division Manager of Risk Management, Corporate Secretary
• Blenn A. Fujimoto, Executive Vice President, Specialized Markets Division Manager,
• Anna M. Hu, Executive Vice President, Chief Credit Officer
• David William Hudson, Executive Vice President - Community Banking Manager of the Company and the Bank

CPB's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.38%), Bank of Montreal Can (0.30%), Adams Diversified Equity Fund Inc. (0.11%), Aperio Group LLC (0.06%), Louisiana State Employees Retirement System (0.04%) and State of Alaska Department of Revenue (0.02%). Company insiders that own CPB stock include Agnes Catherine Ngo, Arnold D Martines, Colbert M Matsumoto, David William Hudson, Denis Isono, Earl E Fry, John C Dean, Lance A Mizumoto, Saedene K Ota and Wayne K Kamitaki. View Institutional Ownership Trends for CPB.

CPB's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Adams Diversified Equity Fund Inc.. Company insiders that have sold CPB stock in the last year include Arnold D Martines, John C Dean and Lance A Mizumoto. View Insider Buying and Selling for CPB.

CPB's stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Aperio Group LLC and State of Alaska Department of Revenue. Company insiders that have bought CPB stock in the last two years include Agnes Catherine Ngo, Colbert M Matsumoto, Earl E Fry, Saedene K Ota and Wayne K Kamitaki. View Insider Buying and Selling for CPB.

Shares of CPB can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CPB stock can currently be purchased for approximately $31.29.