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. Shareholders of record on Wednesday, May 31st will be given a dividend of $0.18 per share on Thursday, June 15th. This represents a $0.72 annualized dividend and a yield of 2.32%. The ex-dividend date of this dividend is Friday, May 26th. This is an increase from CPB's previous quarterly dividend of $0.16. View CPB's Dividend History.

CPB announced that its board has initiated a stock repurchase plan on Sunday, April 9th 2017, which allows the company to buyback $30,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its stock is undervalued.

CPB Inc. (NYSE:CPF) posted its earnings results on Wednesday, April, 26th. The company reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. The firm had revenue of $51.27 million for 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 period in the previous year, the company 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 twelve-month target prices for CPB's stock. Their forecasts range from $26.00 to $32.50. On average, they anticipate CPB's share price to reach $28.83 in the next year. View Analyst Ratings for CPB.

CPB saw a drop in short interest in 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 daily trading volume, of 191,939 shares, the short-interest ratio is currently 1.2 days. Approximately 0.8% of the shares of the company are sold short.

Some companies that are related to CPB include Bank of N.T. Butterfield & Son Limited (The) (NTB), Independent Bank Corp. (INDB), Provident Financial Services (PFS), Independent Bank Group (IBTX), Pacific Premier Bancorp (PPBI), Heartland Financial USA (HTLF), S&T Bancorp (STBA), 1st Source Corporation (SRCE), Enterprise Financial Services Corporation (EFSC), Lakeland Bancorp (LBAI), Washington Trust Bancorp (WASH), OceanFirst Financial Corp. (OCFC), Stock Yards Bancorp (SYBT), TriCo Bancshares (TCBK), German American Bancorp (GABC), Opus Bank (OPB), 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 a number of 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 purchased 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 $31.08.