Central Pacific Financial (CPF) Scheduled to Post Quarterly Earnings on Wednesday

Central Pacific Financial (NYSE:CPF - Get Free Report) is set to post its quarterly earnings results before the market opens on Wednesday, October 30th. Analysts expect Central Pacific Financial to post earnings of $0.56 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Central Pacific Financial (NYSE:CPF - Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.10. The company had revenue of $87.96 million during the quarter, compared to analyst estimates of $61.74 million. Central Pacific Financial had a net margin of 16.44% and a return on equity of 11.36%. During the same period last year, the business earned $0.53 EPS. 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 Up 0.2 %

Shares of NYSE CPF traded up $0.07 on Wednesday, reaching $29.02. 128,538 shares of the company's stock traded hands, compared to its average volume of 191,867. 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 simple moving average is $27.80 and its two-hundred day simple moving average is $23.72. Central Pacific Financial has a 12 month low of $14.69 and a 12 month high of $30.30. The company has a market cap of $784.76 million, a price-to-earnings ratio of 13.99 and a beta of 1.13.

Central Pacific Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend was Friday, August 30th. Central Pacific Financial's payout ratio is 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.