Central Pacific Financial

Central Pacific Financial Corp. is a bank holding company, which engages in the provision of commercial banking services through its wholly owned subsidiary, Central Pacific Bank. It operates through the following segments: Banking Operations, Treasury, and All Others. The Banking Operations segment includes construction and real estate development lending, commercial lending, residential mortgage lending and servicing, indirect auto lending, trust services, and retail brokerage services. The Treasury segment is involved in managing the company's investment securities portfolio and wholesale funding activities. The All-Others segment consists of electronic banking, data processing, and management of bank owned properties. The company was founded on February 1, 1982 and is headquartered in Honolulu, HI.

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Earnings data Q3 2024

Earnings data Q4 2024

Central Pacific Financial reports robust Q4 earnings and growth outlook

Central Pacific Financial (CPF) delivered a strong performance in Q4 2022, driven by robust loan and deposit growth, increased net interest income, and prudent expense management.
With a focus on the Hawaii market and solid asset quality, CPF remains well-positioned for growth despite potential challenges from expense increases and economic uncertainties.
Approval of a new share purchase authorization and a cash dividend underscore CPF's commitment to enhancing shareholder value and capitalizing on growth opportunities.

Central Pacific Financial (CPF) reports solid Q1 performance and strategic focus on risk management

Central Pacific Financial (CPF) delivered a strong performance in Q1 2023, supported by solid financial results, a focus on risk management, and conservative underwriting practices. While facing revenue challenges and inflationary pressures, the company remains well-positioned with a strong liquidity and capital position, emphasizing balance sheet strength and stability.

Central Pacific Financial Corp. reports stable Q2 earnings amidst Hawaii's economic strength

Central Pacific Financial Corp. delivered solid financial performance in Q2 2023, benefiting from Hawaii's strong economic environment. While facing challenges in credit risk management and operational efficiency, the company remains well-positioned to leverage opportunities for growth in loans and deposits. Shareholders can expect continued value through dividends and strategic initiatives.

Central Pacific Financial reports resilient Q3 performance amidst economic challenges

Central Pacific Financial (CPF) navigated Q3 2023 with solid financial performance, maintaining a focus on asset quality and prudent deposit growth strategies.
Despite challenges from external factors like the Maui wildfires, CPF's strong position in Hawaii's real estate market and disciplined financial approach bode well for future resilience.
By leveraging opportunities in the local market and enhancing customer relationships, CPF can drive sustainable growth and profitability in the evolving financial landscape.

Central Pacific Financial (CPF) reports stable Q4 earnings amidst tourism resilience

Central Pacific Financial (CPF) delivered solid financial performance in Q4 2023, maintaining strong asset quality and operational efficiency. While facing challenges with portfolio decreases and credit provisions, CPF remains well-positioned to capitalize on growth opportunities in Hawaii's tourism industry and strategic planning for future developments.

Central Pacific Financial reports solid Q1 earnings amidst economic optimism

Central Pacific Financial (CPF) delivered solid financial performance in Q1 2024, supported by strong asset quality and strategic initiatives.
While facing challenges in loan portfolio and credit risk management, CPF remains well-positioned to capitalize on opportunities for growth.
Management's proactive approach to financial management and market dynamics underscores CPF's resilience and adaptability.
CPF's long-standing reputation, industry recognition, and focus on operational efficiency are key strengths driving its performance.

Central Pacific Financial (CPF) posts strong Q2 results amidst economic challenges

Central Pacific Financial (CPF) reported a strong Q2 performance with notable improvements in key financial metrics. Despite challenges in the tourism sector, the company remains optimistic about future growth opportunities.

Central Pacific Financial (CPF) reports $13.3M net income in Q3 2024

Central Pacific Financial (CPF) delivered solid financial performance in Q3 2024, with a focus on maintaining asset quality and diversifying its loan portfolio. Despite challenges such as a decrease in the loan portfolio and operating expenses, the bank remains optimistic about future loan demand and Hawaii's economic stability. Shareholders received a quarterly cash dividend of $0.26 per share.

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Central Pacific Financial Corp. is a bank holding company, which engages in the provision of commercial banking services through its wholly owned subsidiary Central Pacific Bank. The firm offers wealth management, personal and business banking. It also provides loan services for commercial and industrial, real estate, and consumer. The company was founded on February 1, 1982 and is headquartered in Honolulu, HI.

Central Pacific Financial Corp. (CPF) CEO Paul Yonamine on Q4 2020 Results - Earnings Call Transcript

Central Pacific Financial (CPF) delivered earnings and revenue surprises of 4.88% and 8.81%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Central Pacific Financial (CPF) Surpasses Q4 Earnings and Revenue Estimates

Shares of Central Pacific Financial (NYSE:CPF) rose 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 14.00% year over year to $0.43, which beat the estimate of $0.35.

Central Pacific Financial: Q4 Earnings Insights

HONOLULU, Jan. 27, 2021 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank"), today reported net income in the fourth quarter of 2020 of $12.2 million, or fully diluted earnings per share ("EPS") of $0.43,...

Central Pacific Financial Corp. Reports Fourth Quarter 2020 Quarterly And Annual Results

HONOLULU, Jan. 14, 2021 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank, will release its fourth quarter 2020 earnings on January 27, 2021, before the open of the New York Stock Exchange. Management will review the results by conference...

Central Pacific Financial Corp. Announces Conference Call To Discuss Fourth Quarter 2020 Financial Results

Central Pacific Financial's (CPF) CEO Paul Yonamine on Q3 2020 Results - Earnings Call Transcript

Central Pacific Financial (CPF) delivered earnings and revenue surprises of 0.00% and 0.62%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Central Pacific Financial (CPF) Matches Q3 Earnings Estimates

HONOLULU, Oct. 28, 2020 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank, today reported net income in the third quarter of 2020 of $6.9 million, or fully diluted earnings per share ("EPS") of $0.24, compared to net income...

Central Pacific Financial Corp. Reports Results For Third Quarter 2020

Central Pacific Financial (CPF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Central Pacific Financial (CPF) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

HONOLULU, Oct. 20, 2020 /PRNewswire/ -- Central Pacific Financial Corp. (the "Company") (NYSE: CPF), parent company of Central Pacific Bank (the "Bank"), today announced the completion of its private placement with registration rights of $55.0 million in ten-year fixed-to-floating rate...

Central Pacific Financial Corp. Completes Private Placement Of $55.0 Million Of Subordinated Notes

HONOLULU, Oct. 14, 2020 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank, will release its third quarter 2020 earnings on October 28, 2020, before the open of the New York Stock Exchange. Management will review the results by conference...

Central Pacific Financial Corp. Announces Conference Call To Discuss Third Quarter 2020 Financial Results

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 for Honolulu, Hawaii-based Central Pacific Financial Corp. (NYSE: CPF) (“Central Pacific” or “the company”). In addition, KBRA assigns deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 for its subsidiary, Central Pacific Bank. The Outlook f

KBRA Assigns Ratings to Central Pacific Financial Corp.

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Central Pacific Financial Corp. (CPF) CEO Paul Yonamine on Q2 2020 Results - Earnings Call Transcript

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Central Pacific Financial (CPF) Stock Undervalued Right Now?

Shares of Central Pacific Financial (NYSE:CPF) were flat in pre-market trading after the company reported Q2 results.

Central Pacific Financial: Q2 Earnings Insights

HONOLULU, July 29, 2020 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank, today reported net income in the second quarter of 2020 of $9.9 million, or fully diluted earnings per share ("EPS") of $0.35, compared to net.

Central Pacific Financial Corp. Reports Results For Second Quarter 2020

Central Pacific Financial (CPF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Central Pacific Financial (CPF) Q2 Earnings Expected to Decline

HONOLULU, July 15, 2020 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank, will release its second quarter 2020 earnings on July 29, 2020, before the open of the New York Stock Exchange. Management will review the results by conference...

Central Pacific Financial Corp. Announces Conference Call To Discuss Second Quarter 2020 Financial Results

Should Value Investors Buy Central Pacific Financial (CPF) Stock?

Central Pacific Financial Corp. (CPF) CEO Paul Yonamine on Q1 2020 Results - Earnings Call Transcript

Central Pacific Financial (CPF) delivered earnings and revenue surprises of 26.09% and 1.10%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Central Pacific Financial (CPF) Q1 Earnings and Revenues Surpass Estimates

Analysts Estimate Central Pacific Financial (CPF) to Report a Decline in Earnings: What to Look Out for

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Central Pacific Financial Corp (CPF) CEO Paul Yonamine on Q4 2019 Results - Earnings Call Transcript

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