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Central Pacific Financial NYSE:CPF Stock Report

Last Price


Market Cap







24 Sep, 2022


Company Financials +
CPF fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance5/6
Financial Health6/6

CPF Stock Overview

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 the United States.

Central Pacific Financial Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Central Pacific Financial
Historical stock prices
Current Share PriceUS$21.62
52 Week HighUS$30.97
52 Week LowUS$20.61
1 Month Change-8.16%
3 Month Change-1.50%
1 Year Change-14.17%
3 Year Change-25.19%
5 Year Change-32.82%
Change since IPO-82.35%

Recent News & Updates

Aug 29

Central Pacific Financial goes ex-dividend tomorrow

Central Pacific Financial (NYSE:CPF) had declared $0.26/share quarterly dividend, in line with previous. Payable Sept. 15; for shareholders of record Aug. 31; ex-div Aug. 30. See CPF Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

CPFUS BanksUS Market

Return vs Industry: CPF exceeded the US Banks industry which returned -21.7% over the past year.

Return vs Market: CPF exceeded the US Market which returned -23.1% over the past year.

Price Volatility

Is CPF's price volatile compared to industry and market?
CPF volatility
CPF Average Weekly Movement3.5%
Banks Industry Average Movement3.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: CPF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CPF's weekly volatility (3%) has been stable over the past year.

About the Company

1954790Paul K. Yonamine

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 the United States. It offers various deposit products and services, including personal and business checking and savings accounts, money market accounts, and time certificates of deposit. The company’s lending activities comprise commercial loans, financial and agricultural loans, commercial and residential mortgages, and construction loans to small and medium-sized companies, business professionals, and real estate investors and developers, as well as home equity, and consumer loans to local homebuyers and individuals.

Central Pacific Financial Fundamentals Summary

How do Central Pacific Financial's earnings and revenue compare to its market cap?
CPF fundamental statistics
Market CapUS$592.01m
Earnings (TTM)US$80.17m
Revenue (TTM)US$274.07m


P/E Ratio


P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CPF income statement (TTM)
Cost of RevenueUS$0
Gross ProfitUS$274.07m
Other ExpensesUS$193.90m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date


Earnings per share (EPS)2.93
Gross Margin100.00%
Net Profit Margin29.25%
Debt/Equity Ratio23.9%

How did CPF perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is CPF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CPF?

Other financial metrics that can be useful for relative valuation.

CPF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio-1x

Price to Earnings Ratio vs Peers

How does CPF's PE Ratio compare to its peers?

CPF PE Ratio vs Peers
The above table shows the PE ratio for CPF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.1x
PGC Peapack-Gladstone Financial
OSBC Old Second Bancorp
THFF First Financial
HMST HomeStreet
CPF Central Pacific Financial

Price-To-Earnings vs Peers: CPF is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (14.1x).

Price to Earnings Ratio vs Industry

How does CPF's PE Ratio compare vs other companies in the US Banks Industry?

Price-To-Earnings vs Industry: CPF is good value based on its Price-To-Earnings Ratio (7.4x) compared to the US Banks industry average (9.7x)

Price to Earnings Ratio vs Fair Ratio

What is CPF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CPF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.4x
Fair PE Ratio9.6x

Price-To-Earnings vs Fair Ratio: CPF is good value based on its Price-To-Earnings Ratio (7.4x) compared to the estimated Fair Price-To-Earnings Ratio (9.6x).

Share Price vs Fair Value

What is the Fair Price of CPF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CPF ($21.62) is trading below our estimate of fair value ($46.35)

Significantly Below Fair Value: CPF is trading below fair value by more than 20%.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Future Growth

How is Central Pacific Financial forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CPF's earnings are forecast to decline over the next 3 years (-7.2% per year).

Earnings vs Market: CPF's earnings are forecast to decline over the next 3 years (-7.2% per year).

High Growth Earnings: CPF's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CPF's revenue (3.7% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: CPF's revenue (3.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CPF's Return on Equity is forecast to be high in 3 years time

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Past Performance

How has Central Pacific Financial performed over the past 5 years?

Past Performance Score


Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CPF has high quality earnings.

Growing Profit Margin: CPF's current net profit margins (29.3%) are higher than last year (23.9%).

Past Earnings Growth Analysis

Earnings Trend: CPF's earnings have grown by 9.2% per year over the past 5 years.

Accelerating Growth: CPF's earnings growth over the past year (43.7%) exceeds its 5-year average (9.2% per year).

Earnings vs Industry: CPF earnings growth over the past year (43.7%) exceeded the Banks industry 8.7%.

Return on Equity

High ROE: CPF's Return on Equity (17.6%) is considered low.

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Financial Health

How is Central Pacific Financial's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score


Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: CPF's Assets to Equity ratio (16x) is moderate.

Allowance for Bad Loans: CPF has a sufficient allowance for bad loans (1309%).

Low Risk Liabilities: 97% of CPF's liabilities are made up of primarily low risk sources of funding.

Loan Level: CPF has an appropriate level of Loans to Assets ratio (72%).

Low Risk Deposits: CPF's Loans to Deposits ratio (79%) is appropriate.

Level of Bad Loans: CPF has an appropriate level of bad loans (0.1%).

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What is Central Pacific Financial current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CPF's dividend (4.81%) is higher than the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: CPF's dividend (4.81%) is in the top 25% of dividend payers in the US market (4.57%)

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CPF has been paying a dividend for less than 10 years.

Growing Dividend: CPF's dividend payments have increased, but the company has only paid a dividend for 9 years.

Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.9%), CPF's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.

Discover strong dividend paying companies


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Paul K. Yonamine (65 yo)





Mr. Paul K. Yonamine, C.P.A., serves as Chairman and Chief Executive Officer of Central Pacific Financial Corp. since October 1, 2018. He serves as an Independent Outside Director at Seven & i Holdings Co....

CEO Compensation Analysis

Compensation vs Market: Paul K.'s total compensation ($USD3.49M) is about average for companies of similar size in the US market ($USD2.89M).

Compensation vs Earnings: Paul K.'s compensation has increased by more than 20% in the past year.

Leadership Team

Experienced Management: CPF's management team is seasoned and experienced (7.2 years average tenure).

Board Members

Experienced Board: CPF's board of directors are seasoned and experienced ( 10.7 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

NYSE:CPF Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
28 Feb 22SellUS$602,732Anli NgoIndividual20,687US$29.24
02 Nov 21SellUS$1,481Paul KosasaIndividual53US$27.94

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 71.92% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
BlackRock, Inc.
4,080,684$88.2m-1.06%no data
The Vanguard Group, Inc.
3,132,918$67.7m0.24%no data
State Street Global Advisors, Inc.
1,330,164$28.8m-5.25%no data
BNY Mellon Asset Management
Cramer Rosenthal McGlynn, LLC
Dimensional Fund Advisors LP
Columbia Management Investment Advisers, LLC
724,686$15.7m-2.37%no data
Goldman Sachs Asset Management, L.P.
Renaissance Technologies LLC
Teachers Insurance and Annuity Association-College Retirement Equities Fund
551,362$11.9m0.46%no data
Invesco Capital Management LLC
Geode Capital Management, LLC
481,832$10.4m0.68%no data
Manulife Asset Management
Thrivent Investment Management, Inc.
J.P. Morgan Asset Management, Inc.
465,343$10.1m1.83%no data
Kennedy Capital Management, Inc.
Northern Trust Global Investments
363,850$7.9m-35.4%no data
Millennium Management LLC
JPMorgan Chase & Co, Brokerage and Securities Investments
American Beacon Advisors, Inc.
Charles Schwab Investment Management, Inc.
321,050$6.9m2.86%no data
Hotchkis and Wiley Capital Management, LLC
Sapience Investments, LLC
Brandywine Global Investment Management, LLC
Assenagon Asset Management S.A.

Company Information

Central Pacific Financial Corp.'s employee growth, exchange listings and data sources

Key Information

  • Name: Central Pacific Financial Corp.
  • Ticker: CPF
  • Exchange: NYSE
  • Founded: 1954
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$592.011m
  • Shares outstanding: 27.38m
  • Website:

Number of Employees


  • Central Pacific Financial Corp.
  • 220 South King Street
  • Honolulu
  • Hawaii
  • 96813
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CPFNYSE (New York Stock Exchange)YesCommon StockUSUSDJul 1984
XCP1DB (Deutsche Boerse AG)YesCommon StockDEEURJul 1984

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/24 00:00
End of Day Share Price2022/09/23 00:00
Annual Earnings2021/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.