CPB Inc. (CPF) to Issue Quarterly Dividend of $0.31 on December 15th

CPB Inc. (NYSE:CPF) declared a quarterly dividend on Tuesday, October 27th. Investors of record on Monday, November 30th will be given a dividend of $0.31 per share by the financial services provider on Tuesday, December 15th. This represents a $1.24 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Monday, November 30th. This is a 3.3% increase from CPB’s previous quarterly dividend of $0.30.

CPB has a payout ratio of 37.7% meaning its dividend is sufficiently covered by earnings. Analysts expect CPB to earn $3.63 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 33.1%.

CPB Trading Up 0.4%

CPF opened at $37.96 on Thursday. CPB has a 52-week low of $28.09 and a 52-week high of $40.99. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $977.36 million, a P/E ratio of 12.17 and a beta of 0.87. The firm’s 50 day moving average is $37.00 and its 200-day moving average is $35.33.

CPB (NYSE:CPF) last released its earnings results on Wednesday, October 28th. The financial services provider reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.03. The company had revenue of $76.83 million during the quarter, compared to the consensus estimate of $77.27 million. CPB had a net margin of 22.52% and a return on equity of 14.20%. Analysts expect that CPB will post 3.32 EPS for the current fiscal year.

More CPB News

Here are the key news stories impacting CPB this week:

• Positive Sentiment: Quarterly earnings beat estimates: CPF reported diluted EPS of $0.88, up from $0.69 a year ago and ahead of analyst estimates ranging from $0.85 to $0.87. Third-quarter net income increased to $22.8 million from $20.8 million in the prior quarter and $18.6 million a year earlier. Central Pacific Financial Reports Third Quarter 2026 Earnings
• Positive Sentiment: Core banking performance improved: Net interest income rose to $64.5 million, while net interest margin expanded five basis points sequentially to 3.62%. Operating expenses declined to $44.8 million, helping the efficiency ratio improve to 58.27% from 59.62%. Diluted EPS rose 21% year over year. Central Pacific Financial: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Dividend increased: The company raised its quarterly cash dividend 3.3% to $0.31 per share, equivalent to $1.24 annually and a yield of approximately 3.3%. The dividend is payable December 15 to shareholders of record November 30. Central Pacific Financial boosts dividend after strong quarter
• Positive Sentiment: Capital return continued: CPF repurchased 294,110 shares for $11.2 million during the quarter, potentially supporting per-share results and signaling management confidence in the valuation.
• Neutral Sentiment: Assets declined $51.5 million sequentially to $7.45 billion, while deposits fell $31.9 million from the prior quarter, although deposits remained higher year over year. Nonperforming assets stayed low at 0.19% of total assets.
• Neutral Sentiment: Revenue of $76.83 million was slightly below the $77.27 million consensus estimate, partially offsetting the earnings beat.

About CPB

Central Pacific Financial Corp. is the bank holding company for Central Pacific Bank, a community-focused financial institution headquartered in Honolulu, Hawaii. Central Pacific Bank serves consumers, businesses, nonprofit organizations and government entities, with a focus on customers throughout the Hawaiian Islands.

The bank provides a range of financial products and services, including checking and savings accounts, certificates of deposit, consumer lending, residential mortgages, commercial and small-business loans, commercial real estate financing, and treasury management services.