Central Pacific Financial (CPF) to Release Quarterly Earnings on Wednesday

Central Pacific Financial (NYSE:CPF) will be posting its quarterly earnings results before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.56 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Central Pacific Financial (NYSE:CPF) last posted its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.10. Central Pacific Financial had a return on equity of 11.36% and a net margin of 16.44%. The company had revenue of $87.96 million during the quarter, compared to analyst estimates of $61.74 million. During the same quarter last year, the company earned $0.53 earnings per share. On average, analysts expect Central Pacific Financial to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Central Pacific Financial Stock Performance

NYSE:CPF opened at $28.30 on Monday. The stock has a market cap of $765.29 million, a P/E ratio of 13.80 and a beta of 1.13. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. The business’s 50-day moving average price is $27.98 and its two-hundred day moving average price is $23.93. Central Pacific Financial has a twelve month low of $15.39 and a twelve month high of $30.30.

Central Pacific Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, August 30th. This represents a $1.04 annualized dividend and a yield of 3.67%. Central Pacific Financial’s payout ratio is presently 50.73%.

Central Pacific Financial Company Profile

Central Pacific Financial Corp. operates as the bank holding company for Central Pacific Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products and services, including checking, savings and time deposits, cash management and digital banking, trust, and retail brokerage services, as well as money market accounts and certificates of deposit.