Central Pacific Financial (NYSE:CPF) will be issuing its quarterly earnings data before the market opens on Wednesday, April 25th. Analysts expect the company to announce earnings of $0.46 per share for the quarter.
Central Pacific Financial (NYSE:CPF) last announced its earnings results on Wednesday, January 24th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.02). Central Pacific Financial had a return on equity of 9.56% and a net margin of 18.81%. The firm had revenue of $51.87 million for the quarter, compared to analyst estimates of $52.60 million. During the same quarter last year, the business posted $0.39 EPS. On average, analysts expect Central Pacific Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NYSE CPF opened at $30.38 on Tuesday. Central Pacific Financial has a 1 year low of $27.34 and a 1 year high of $33.55. The company has a market cap of $894.37, a P/E ratio of 19.04 and a beta of 1.13. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.19.
In related news, Director Colbert M. Matsumoto purchased 1,000 shares of the business’s stock in a transaction on Tuesday, February 6th. The shares were bought at an average price of $28.61 per share, with a total value of $28,610.00. Following the completion of the purchase, the director now directly owns 2,375 shares in the company, valued at approximately $67,948.75. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders have acquired 2,850 shares of company stock worth $82,710. 4.30% of the stock is currently owned by insiders.
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About Central Pacific Financial
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.
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