About Central Pacific Financial (NYSE:CPF)
Central Pacific Financial Corp. operates as the holding company for Central Pacific Bank that provides commercial banking products and services to businesses, professionals, and individuals in Hawaii. The company operates in three segments: Banking Operations, Treasury, and All Others. It offers various deposit products and services, including personal and business checking and savings accounts, money market accounts, and time certificates of deposit. The company's lending activities comprise commercial loans, commercial mortgages, construction loans, and leases to small and medium-sized companies, business professionals, and real estate investors and developers, as well as residential mortgages and consumer loans to local homebuyers and individuals. It also provides debit cards, Internet and mobile banking, cash management services, traveler's checks, safe deposit boxes, international banking services, night depository facilities, foreign exchange and wire transfers, trust services, retail brokerage, and wholesale funding services. In addition, the company offers wealth management products and services, including non-deposit investment products, annuities, insurance, investment management, asset custody, and general consultation and planning services. It operates 35 branches and 79 ATMs in the state of Hawaii. The company was founded in 1954 and is headquartered in Honolulu, Hawaii.
Industry, Sector and Symbol
Industry State commercial banks
Trailing P/E Ratio18.38
Forward P/E Ratio15.06
Sales & Book Value
Annual Sales$219.06 million
Price / Sales3.95
Cash Flow$2.3892 per share
Price / Cash12.23
Book Value$16.65 per share
Price / Book1.75
EPS (Most Recent Fiscal Year)$1.59
Net Income$41.20 million
Return on Equity9.93%
Return on Assets0.89%
Central Pacific Financial (NYSE:CPF) Frequently Asked Questions
What is Central Pacific Financial's stock symbol?
Central Pacific Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPF."
How often does Central Pacific Financial pay dividends? What is the dividend yield for Central Pacific Financial?
Central Pacific Financial declared a quarterly dividend on Thursday, April 26th. Investors of record on Thursday, May 31st will be given a dividend of $0.21 per share on Friday, June 15th. This represents a $0.84 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date is Wednesday, May 30th. This is a positive change from Central Pacific Financial's previous quarterly dividend of $0.19. View Central Pacific Financial's Dividend History.
How will Central Pacific Financial's stock buyback program work?
Central Pacific Financial declared that its Board of Directors has authorized a stock buyback plan on Wednesday, November 15th 2017, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its stock is undervalued.
How were Central Pacific Financial's earnings last quarter?
Central Pacific Financial Co. (NYSE:CPF) issued its earnings results on Wednesday, April, 25th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.49 by $0.01. The financial services provider earned $51.28 million during the quarter, compared to analysts' expectations of $53 million. Central Pacific Financial had a return on equity of 9.93% and a net margin of 19.18%. View Central Pacific Financial's Earnings History.
When is Central Pacific Financial's next earnings date?
What price target have analysts set for CPF?
1 brokerages have issued twelve-month price objectives for Central Pacific Financial's shares. Their predictions range from $32.50 to $32.50. On average, they anticipate Central Pacific Financial's stock price to reach $32.50 in the next year. View Analyst Ratings for Central Pacific Financial.
Who are some of Central Pacific Financial's key competitors?
Some companies that are related to Central Pacific Financial include Glacier Bancorp (GBCI), South State (SSB), Columbia Banking System (COLB), Bancorpsouth Bank (BXS), International Bancshares (IBOC), Union Bankshares (UBSH), United Community Bank (UCBI), Great Western Bancorp (GWB), CVB Financial (CVBF), First Interstate BancSystem (FIBK), TowneBank (TOWN), Renasant (RNST), ServisFirst Bancshares (SFBS), Hilltop (HTH) and Independent Bank (INDB).
Who are Central Pacific Financial's key executives?
Central Pacific Financial's management team includes the folowing people:
- Mr. John C. Dean Jr., Exec. Chairman (Age 70)
- Ms. Anli Ngo, Pres, CEO & Director (Age 57)
- Mr. David S. Morimoto, Exec. VP, CFO & Treasurer (Age 50)
- Mr. Glenn K. C. Ching, Exec. VP, Corp. Sec., Chief Legal Officer & Risk Mgt. Division Mang. (Age 59)
- Mr. Blenn A. Fujimoto, Exec. VP of Consumer Lending & Wealth Management (Age 59)
Has Central Pacific Financial been receiving favorable news coverage?
News coverage about CPF stock has been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Central Pacific Financial earned a media sentiment score of 0.10 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 46.61 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Central Pacific Financial's major shareholders?
Central Pacific Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.70%), Dimensional Fund Advisors LP (4.55%), Victory Capital Management Inc. (3.62%), JPMorgan Chase & Co. (3.54%), Principal Financial Group Inc. (2.86%) and Principal Financial Group Inc. (2.86%). Company insiders that own Central Pacific Financial stock include Arnold D Martines, Blenn Fujimoto, Colbert M Matsumoto, Earl E Fry, John C Dean, Lance A Mizumoto, Paul K Yonamine and Wayne K Kamitaki. View Institutional Ownership Trends for Central Pacific Financial.
Which major investors are selling Central Pacific Financial stock?
CPF stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Principal Financial Group Inc., Principal Financial Group Inc., JPMorgan Chase & Co., Boston Partners, Thrivent Financial for Lutherans, BlackRock Inc. and Prudential Financial Inc.. Company insiders that have sold Central Pacific Financial company stock in the last year include Arnold D Martines and Blenn Fujimoto. View Insider Buying and Selling for Central Pacific Financial.
Which major investors are buying Central Pacific Financial stock?
CPF stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Matarin Capital Management LLC, American Century Companies Inc., Millennium Management LLC, Citadel Advisors LLC, Schwab Charles Investment Management Inc., UBS Group AG and Bailard Inc.. Company insiders that have bought Central Pacific Financial stock in the last two years include Colbert M Matsumoto, Earl E Fry, Paul K Yonamine and Wayne K Kamitaki. View Insider Buying and Selling for Central Pacific Financial.
How do I buy shares of Central Pacific Financial?
Shares of CPF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Central Pacific Financial's stock price today?
One share of CPF stock can currently be purchased for approximately $29.22.
How big of a company is Central Pacific Financial?
Central Pacific Financial has a market capitalization of $864.91 million and generates $219.06 million in revenue each year. The financial services provider earns $41.20 million in net income (profit) each year or $1.59 on an earnings per share basis. Central Pacific Financial employs 838 workers across the globe.
How can I contact Central Pacific Financial?
Central Pacific Financial's mailing address is 220 S KING ST, HONOLULU HI, 96811. The financial services provider can be reached via phone at 808-544-0500 or via email at [email protected]
MarketBeat Community Rating for Central Pacific Financial (CPF)MarketBeat's community ratings are surveys of what our community members think about Central Pacific Financial and other stocks. Vote "Outperform" if you believe CPF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CPF will underperform the S&P 500 over the long term. You may vote once every thirty days.