Central Pacific Financial (CPF) Financials

$25.11 +0.19 (+0.76%)

Closing price 04/17/2025 03:59 PM Eastern

Extended Trading

$25.12 +0.02 (+0.06%)

As of 04/17/2025 04:46 PM Eastern

Annual Income Statements for Central Pacific Financial

This table shows Central Pacific Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	74	59	53
Consolidated Net Income / (Loss)	74	59	53
Net Income / (Loss) Continuing Operations	74	59	53
Total Pre-Tax Income	99	77	68
Total Revenue	263	257	250
Net Interest Income / (Expense)	216	210	212
Total Interest Income	233	283	306
Loans and Leases Interest Income	201	244	259
Investment Securities Interest Income	31	32	36
Deposits and Money Market Investments Interest Income	0.74	7.16	12
Total Interest Expense	17	73	94
Deposits Interest Expense	11	63	85
Short-Term Borrowings Interest Expense	1.06	1.14	0.00
Long-Term Debt Interest Expense	4.93	8.63	9.08
Total Non-Interest Income	48	47	39
Service Charges on Deposit Accounts	8.20	8.75	8.66
Other Service Charges	21	28	24
Net Realized & Unrealized Capital Gains on Investments	8.51	-2.07	-9.93
Other Non-Interest Income	10	12	16
Provision for Credit Losses	-1.27	16	9.83
Total Non-Interest Expense	166	164	173
Salaries and Employee Benefits	89	82	86
Net Occupancy & Equipment Expense	21	22	22
Marketing Expense	4.15	3.89	3.62
Other Operating Expenses	52	56	61
Income Tax Expense	25	18	15
Basic Earnings per Share	$2.70	$2.17	$1.97
Weighted Average Basic Shares Outstanding	26.97M	27.05M	27.07M
Diluted Earnings per Share	$2.68	$2.17	$1.97
Weighted Average Diluted Shares Outstanding	26.97M	27.05M	27.07M
Weighted Average Basic & Diluted Shares Outstanding	26.97M	27.05M	27.07M
Cash Dividends to Common per Share	$1.04	$1.04	$1.04

This table shows Central Pacific Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	17	20	16	14	13	15	13	16	13	11
Consolidated Net Income / (Loss)	17	20	16	14	13	15	13	16	13	11
Net Income / (Loss) Continuing Operations	17	20	16	14	13	15	13	16	13	11
Total Pre-Tax Income	23	27	21	19	17	19	17	21	17	13
Total Revenue	65	68	65	63	62	66	61	64	67	58
Net Interest Income / (Expense)	55	56	54	53	52	51	50	52	54	56
Total Interest Income	60	65	67	69	72	74	74	76	78	78
Loans and Leases Interest Income	52	57	58	61	62	63	63	65	66	66
Investment Securities Interest Income	7.74	7.88	8.13	7.87	7.73	7.98	7.87	9.06	9.53	9.35
Deposits and Money Market Investments Interest Income	0.11	0.37	0.28	0.88	2.41	3.60	3.61	2.20	2.78	3.00
Total Interest Expense	4.30	8.75	13	17	20	23	24	24	24	22
Deposits Interest Expense	2.36	6.88	10	14	18	21	22	22	22	20
Long-Term Debt Interest Expense	1.28	1.48	1.84	2.20	2.29	2.30	2.28	2.28	2.29	2.23
Total Non-Interest Income	9.63	12	11	10	10	15	11	12	13	2.62
Service Charges on Deposit Accounts	2.14	2.17	2.11	2.14	2.19	2.31	2.10	2.14	2.17	2.25
Other Service Charges	5.33	4.38	5.76	5.36	5.61	11	5.57	6.26	6.40	6.00
Other Non-Interest Income	2.16	5.05	3.14	2.94	2.38	3.90	3.57	3.72	4.17	4.31
Provision for Credit Losses	0.36	0.57	1.85	4.32	4.87	4.65	3.94	2.24	2.83	0.82
Total Non-Interest Expense	42	40	42	40	40	43	41	41	47	44
Salaries and Employee Benefits	23	23	22	21	19	20	21	21	22	22
Net Occupancy & Equipment Expense	5.83	4.99	5.42	5.24	5.84	5.64	5.61	5.59	5.58	5.10
Marketing Expense	1.15	0.70	0.93	0.94	0.97	1.05	0.91	0.90	0.89	0.91
Other Operating Expenses	12	12	14	13	14	16	13	13	18	17
Income Tax Expense	5.92	6.70	5.06	4.47	4.35	4.27	3.97	4.84	3.76	2.06
Basic Earnings per Share	$0.61	$0.75	$0.60	$0.54	$0.49	$0.54	$0.48	$0.58	$0.49	$0.42
Weighted Average Basic Shares Outstanding	27.36M	26.97M	27.00M	27.02M	27.04M	27.05M	27.05M	27.05M	27.06M	27.07M
Diluted Earnings per Share	$0.61	$0.73	$0.60	$0.53	$0.49	$0.55	$0.48	$0.58	$0.49	$0.42
Weighted Average Diluted Shares Outstanding	27.50M	26.97M	27.12M	27.07M	27.08M	27.05M	27.10M	27.12M	27.19M	27.07M
Weighted Average Basic & Diluted Shares Outstanding	27.23M	26.97M	27.01M	27.04M	27.04M	27.05M	27.04M	27.06M	27.06M	27.07M
Cash Dividends to Common per Share	$0.26	$0.26	$0.26	$0.26	$0.26	$0.26	$0.26	$0.26	$0.26	$0.26

This table details how cash moves in and out of Central Pacific Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-217	410	-141
Net Cash From Operating Activities	114	105	91
Net Cash From Continuing Operating Activities	114	105	91
Net Income / (Loss) Continuing Operations	74	59	53
Consolidated Net Income / (Loss)	74	59	53
Provision For Loan Losses	-1.27	16	9.83
Depreciation Expense	6.87	6.94	6.88
Amortization Expense	5.69	3.75	4.00
Non-Cash Adjustments to Reconcile Net Income	17	-1.03	5.49
Changes in Operating Assets and Liabilities, net	12	21	11
Net Cash From Investing Activities	-384	180	0.65
Net Cash From Continuing Investing Activities	-384	180	0.65
Purchase of Property, Leasehold Improvements and Equipment	-18	-13	-15
Purchase of Investment Securities	-567	44	-174
Sale of Property, Leasehold Improvements and Equipment	0.00	6.22	0.00
Sale and/or Maturity of Investments	213	141	209
Other Investing Activities, net	-11	0.71	-19
Net Cash From Financing Activities	53	126	-233
Net Cash From Continuing Financing Activities	53	126	-233
Net Change in Deposits	97	111	-204
Issuance of Debt	0.00	50	0.00
Issuance of Common Equity	0.68	0.00	0.00
Repayment of Debt	5.00	-5.00	0.00
Repurchase of Common Equity	-21	-2.63	-0.95
Payment of Dividends	-29	-28	-28
Cash Interest Paid	13	58	103
Cash Income Taxes Paid	5.58	7.31	-9.21

This table details how cash moves in and out of Central Pacific Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	7.57	-27	87	112	128	84	-210	-14	28	54
Net Cash From Operating Activities	34	32	18	30	35	22	17	26	21	26
Net Cash From Continuing Operating Activities	34	32	18	30	35	22	17	26	21	26
Net Income / (Loss) Continuing Operations	17	20	16	14	13	15	13	16	13	11
Consolidated Net Income / (Loss)	17	20	16	14	13	15	13	16	13	11
Provision For Loan Losses	0.36	0.57	1.85	4.32	4.87	4.65	3.94	2.24	2.83	0.82
Depreciation Expense	1.61	1.99	1.63	1.75	1.83	1.74	1.75	1.71	1.68	1.75
Amortization Expense	1.26	1.05	0.99	0.97	0.97	0.83	0.74	0.73	0.67	1.86
Non-Cash Adjustments to Reconcile Net Income	-4.35	61	6.64	-1.50	-0.98	-5.19	0.97	-6.06	12	-1.23
Changes in Operating Assets and Liabilities, net	19	-53	-9.03	9.99	15	4.85	-3.34	12	-9.04	12
Net Cash From Investing Activities	-64	-117	-3.05	56	31	96	10	3.49	13	-26
Net Cash From Continuing Investing Activities	-64	-117	-3.05	56	31	96	10	3.49	13	-26
Purchase of Property, Leasehold Improvements and Equipment	-3.16	-3.46	-3.82	-4.45	-2.70	-1.68	-3.25	-4.68	-5.65	-1.51
Purchase of Investment Securities	-98	-215	-19	-15	42	36	0.82	-19	3.92	-161
Sale and/or Maturity of Investments	41	108	23	75	-8.71	53	20	27	25	137
Other Investing Activities, net	-4.60	-5.85	-2.84	0.96	-0.36	2.95	-7.84	-0.08	-10	-0.89
Net Cash From Financing Activities	37	58	72	26	62	-34	-237	-43	-6.48	54
Net Cash From Continuing Financing Activities	37	58	72	26	62	-34	-237	-43	-6.48	54
Net Change in Deposits	-66	180	11	59	69	-27	-229	-36	0.56	61
Payment of Dividends	-7.11	-7.04	-7.03	-7.03	-7.03	-7.03	-7.03	-7.04	-7.04	-7.04
Cash Interest Paid	3.15	6.29	9.66	13	15	21	27	26	26	25
Cash Income Taxes Paid	0.01	0.01	-	-	3.51	-0.00	-	-	-	-9.21

This table presents Central Pacific Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	7,433	7,643	7,472
Cash and Due from Banks	97	116	78
Interest Bearing Deposits at Other Banks	15	406	303
Trading Account Securities	1,338	1,281	1,340
Loans and Leases, Net of Allowance	5,492	5,375	5,274
Loans and Leases	5,555	5,439	5,333
Allowance for Loan and Lease Losses	64	64	59
Premises and Equipment, Net	92	96	104
Other Assets	400	368	373
Total Liabilities & Shareholders' Equity	7,433	7,643	7,472
Total Liabilities	6,980	7,139	6,934
Non-Interest Bearing Deposits	2,093	1,913	1,889
Interest Bearing Deposits	4,643	4,934	4,755
Short-Term Debt	5.00	0.00	0.00
Accrued Interest Payable	4.74	19	10
Long-Term Debt	106	156	156
Other Long-Term Liabilities	128	116	123
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	453	504	538
Total Preferred & Common Equity	453	504	538
Preferred Stock	0.00	0.00	0.00
Total Common Equity	453	504	538
Common Stock	509	508	510
Retained Earnings	87	118	143
Accumulated Other Comprehensive Income / (Loss)	-144	-123	-114

This table presents Central Pacific Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	7,338	7,521	7,568	7,638	7,410	7,387	7,415
Cash and Due from Banks	116	109	129	109	98	104	100
Interest Bearing Deposits at Other Banks	22	90	182	330	214	195	227
Trading Account Securities	1,351	1,346	1,317	1,265	1,287	1,297	1,331
Loans and Leases, Net of Allowance	5,358	5,494	5,457	5,444	5,338	5,321	5,281
Loans and Leases	5,422	5,557	5,521	5,509	5,401	5,384	5,343
Allowance for Loan and Lease Losses	64	63	64	65	64	62	62
Premises and Equipment, Net	90	94	96	97	98	101	105
Other Assets	400	389	387	392	375	369	372
Total Liabilities & Shareholders' Equity	7,338	7,521	7,568	7,638	7,410	7,387	7,415
Total Liabilities	6,899	7,050	7,091	7,169	6,903	6,868	6,872
Non-Interest Bearing Deposits	2,138	2,028	2,009	1,970	1,849	1,847	1,838
Interest Bearing Deposits	4,418	4,719	4,796	4,905	4,770	4,735	4,745
Accrued Interest Payable	-	-	-	-	17	15	13
Long-Term Debt	106	156	156	156	156	156	156
Other Long-Term Liabilities	122	122	130	139	111	115	119
Commitments & Contingencies	-	-	-	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	438	471	476	469	507	519	544
Total Preferred & Common Equity	438	471	476	469	507	519	544
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	438	471	476	469	507	519	544
Common Stock	513	507	508	508	508	509	509
Retained Earnings	74	97	104	110	124	133	139
Accumulated Other Comprehensive Income / (Loss)	-149	-133	-135	-150	-124	-123	-105

This table displays calculated financial ratios and metrics derived from Central Pacific Financial's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	3.69%	-2.59%	-2.42%
EBITDA Growth	-11.14%	-21.38%	-9.83%
EBIT Growth	-6.51%	-22.22%	-11.43%
NOPAT Growth	-7.47%	-20.64%	-8.96%
Net Income Growth	-7.47%	-20.64%	-8.96%
EPS Growth	-5.30%	-19.03%	-9.22%
Operating Cash Flow Growth	3.29%	-7.89%	-13.88%
Free Cash Flow Firm Growth	93.15%	-121.55%	149.57%
Invested Capital Growth	-15.09%	17.06%	5.28%
Revenue Q/Q Growth	1.24%	-0.61%	-3.06%
EBITDA Q/Q Growth	-3.57%	-8.58%	-5.62%
EBIT Q/Q Growth	-3.00%	-9.16%	-7.78%
NOPAT Q/Q Growth	-2.82%	-8.31%	-6.18%
Net Income Q/Q Growth	-2.82%	-8.31%	-6.18%
EPS Q/Q Growth	-2.19%	-7.66%	-6.19%
Operating Cash Flow Q/Q Growth	-2.94%	-9.09%	5.47%
Free Cash Flow Firm Q/Q Growth	123.67%	-138.05%	200.88%
Invested Capital Q/Q Growth	-14.49%	5.65%	-0.75%
Profitability Metrics	-	-	-
EBITDA Margin	42.25%	34.10%	31.51%
EBIT Margin	37.49%	29.93%	27.17%
Profit (Net Income) Margin	28.06%	22.86%	21.33%
Tax Burden Percent	74.85%	76.37%	78.50%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	25.15%	23.63%	21.50%
Return on Invested Capital (ROIC)	12.04%	9.59%	7.89%
ROIC Less NNEP Spread (ROIC-NNEP)	12.04%	9.59%	7.89%
Return on Net Nonoperating Assets (RNNOA)	2.58%	2.68%	2.36%
Return on Equity (ROE)	14.62%	12.27%	10.25%
Cash Return on Invested Capital (CROIC)	28.36%	-6.13%	2.75%
Operating Return on Assets (OROA)	1.33%	1.02%	0.90%
Return on Assets (ROA)	1.00%	0.78%	0.71%
Return on Common Equity (ROCE)	14.62%	12.27%	10.25%
Return on Equity Simple (ROE_SIMPLE)	16.32%	11.64%	9.92%
Net Operating Profit after Tax (NOPAT)	74	59	53
NOPAT Margin	28.06%	22.86%	21.33%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	43.32%	42.11%	44.49%
Operating Expenses to Revenue	63.00%	63.95%	68.91%
Earnings before Interest and Taxes (EBIT)	99	77	68
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	111	88	79
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.10	1.01	1.46
Price to Tangible Book Value (P/TBV)	1.10	1.01	1.46
Price to Revenue (P/Rev)	1.89	1.98	3.14
Price to Earnings (P/E)	6.74	8.68	14.72
Dividend Yield	5.68%	5.52%	3.58%
Earnings Yield	14.84%	11.52%	6.79%
Enterprise Value to Invested Capital (EV/IC)	0.88	0.22	0.81
Enterprise Value to Revenue (EV/Rev)	1.89	0.56	2.24
Enterprise Value to EBITDA (EV/EBITDA)	4.47	1.63	7.12
Enterprise Value to EBIT (EV/EBIT)	5.03	1.86	8.25
Enterprise Value to NOPAT (EV/NOPAT)	6.72	2.44	10.52
Enterprise Value to Operating Cash Flow (EV/OCF)	4.36	1.36	6.20
Enterprise Value to Free Cash Flow (EV/FCFF)	2.86	0.00	30.20
Leverage & Solvency	-	-	-
Debt to Equity	0.24	0.31	0.29
Long-Term Debt to Equity	0.23	0.31	0.29
Financial Leverage	0.21	0.28	0.30
Leverage Ratio	14.69	15.76	14.50
Compound Leverage Factor	14.69	15.76	14.50
Debt to Total Capital	19.67%	23.65%	22.50%
Short-Term Debt to Total Capital	0.89%	0.00%	0.00%
Long-Term Debt to Total Capital	18.78%	23.65%	22.50%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	80.33%	76.35%	77.50%
Debt to EBITDA	1.00	1.78	1.98
Net Debt to EBITDA	-0.01	-4.19	-2.85
Long-Term Debt to EBITDA	0.95	1.78	1.98
Debt to NOPAT	1.50	2.66	2.93
Net Debt to NOPAT	-0.02	-6.24	-4.21
Long-Term Debt to NOPAT	1.43	2.66	2.93
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	174	-38	19
Operating Cash Flow to CapEx	618.88%	1,633.70%	599.78%
Free Cash Flow to Firm to Interest Expense	10.18	-0.52	0.20
Operating Cash Flow to Interest Expense	6.68	1.45	0.96
Operating Cash Flow Less CapEx to Interest Expense	5.60	1.36	0.80
Efficiency Ratios	-	-	-
Asset Turnover	0.04	0.03	0.03
Fixed Asset Turnover	3.06	2.73	2.50
Capital & Investment Metrics	-	-	-
Invested Capital	564	660	695
Invested Capital Turnover	0.43	0.42	0.37
Increase / (Decrease) in Invested Capital	-100	96	35
Enterprise Value (EV)	497	143	562
Market Capitalization	498	509	786
Book Value per Share	$16.63	$18.63	$19.89
Tangible Book Value per Share	$16.63	$18.63	$19.89
Total Capital	564	660	695
Total Debt	111	156	156
Total Long-Term Debt	106	156	156
Net Debt	-1.19	-366	-225
Capital Expenditures (CapEx)	18	6.43	15
Net Nonoperating Expense (NNE)	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	111	156	156
Total Depreciation and Amortization (D&A)	13	11	11
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$2.70	$2.17	$1.97
Adjusted Weighted Average Basic Shares Outstanding	26.97M	27.05M	27.07M
Adjusted Diluted Earnings per Share	$2.68	$2.17	$1.97
Adjusted Weighted Average Diluted Shares Outstanding	26.97M	27.05M	27.07M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	26.97M	27.05M	27.07M
Normalized Net Operating Profit after Tax (NOPAT)	74	59	53
Normalized NOPAT Margin	28.06%	22.86%	21.33%
Pre Tax Income Margin	37.49%	29.93%	27.17%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	5.78	1.06	0.72
NOPAT to Interest Expense	4.33	0.81	0.57
EBIT Less CapEx to Interest Expense	4.70	0.97	0.56
NOPAT Less CapEx to Interest Expense	3.25	0.72	0.41
Payout Ratios	-	-	-
Dividend Payout Ratio	38.56%	47.92%	52.69%
Augmented Payout Ratio	66.61%	52.41%	54.46%

This table displays calculated financial ratios and metrics derived from Central Pacific Financial's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.03%	4.99%	7.80%	-9.91%	-4.65%	-2.32%	-5.79%	1.38%	7.44%	-11.94%
EBITDA Growth	-20.44%	-12.10%	-17.85%	-19.31%	-20.47%	-27.45%	-18.70%	6.60%	-4.27%	-21.65%
EBIT Growth	-18.08%	-10.19%	-16.60%	-20.32%	-22.73%	-28.80%	-20.37%	9.00%	-2.43%	-29.97%
NOPAT Growth	-19.70%	-9.61%	-16.73%	-17.73%	-21.38%	-26.34%	-20.03%	9.27%	1.25%	-23.68%
Net Income Growth	-19.70%	-9.61%	-16.73%	-17.73%	-21.38%	-26.34%	-20.03%	9.27%	1.25%	-23.68%
EPS Growth	-17.57%	-7.59%	-14.29%	-17.19%	-19.67%	-24.66%	-20.00%	9.43%	0.00%	-23.64%
Operating Cash Flow Growth	118.38%	-9.71%	94.13%	-21.35%	2.27%	-32.71%	-6.96%	-13.50%	-39.64%	21.72%
Free Cash Flow Firm Growth	-91.26%	269.55%	-157.58%	-149.48%	158.62%	-167.58%	103.27%	52.95%	-229.93%	71.14%
Invested Capital Growth	-0.27%	-15.09%	10.10%	12.73%	-5.25%	17.06%	1.77%	6.74%	12.07%	5.28%
Revenue Q/Q Growth	-7.31%	4.45%	-3.95%	-3.12%	-1.89%	7.00%	-7.36%	4.25%	3.97%	-12.30%
EBITDA Q/Q Growth	-5.00%	17.33%	-20.24%	-9.24%	-6.36%	7.03%	-10.62%	19.00%	-15.91%	-12.39%
EBIT Q/Q Growth	-4.81%	18.76%	-20.96%	-10.82%	-7.69%	9.43%	-11.60%	22.06%	-17.37%	-21.46%
NOPAT Q/Q Growth	-5.00%	20.74%	-19.79%	-10.58%	-9.22%	13.13%	-12.92%	22.19%	-15.88%	-14.73%
Net Income Q/Q Growth	-5.00%	20.74%	-19.79%	-10.58%	-9.22%	13.13%	-12.92%	22.19%	-15.88%	-14.73%
EPS Q/Q Growth	-4.69%	19.67%	-17.81%	-11.67%	-7.55%	12.24%	-12.73%	20.83%	-15.52%	-14.29%
Operating Cash Flow Q/Q Growth	-9.68%	-6.76%	-43.13%	64.22%	17.45%	-38.66%	-21.36%	52.68%	-18.05%	23.70%
Free Cash Flow Firm Q/Q Growth	-83.95%	551.48%	-136.24%	-30.60%	183.88%	-270.24%	101.75%	-1,980.21%	-131.65%	62.19%
Invested Capital Q/Q Growth	17.55%	-14.49%	15.63%	-3.00%	-1.21%	5.65%	0.52%	1.73%	3.73%	-0.75%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	39.24%	44.08%	36.60%	34.29%	32.73%	32.74%	31.59%	36.05%	29.16%	29.13%
EBIT Margin	34.82%	39.60%	32.58%	29.99%	28.22%	28.86%	27.54%	32.25%	25.63%	22.95%
Profit (Net Income) Margin	25.72%	29.73%	24.82%	22.91%	21.20%	22.42%	21.07%	24.70%	19.98%	19.43%
Tax Burden Percent	73.85%	75.08%	76.19%	76.40%	75.13%	77.67%	76.51%	76.59%	77.97%	84.65%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	26.15%	24.92%	23.81%	23.60%	24.87%	22.33%	23.49%	23.41%	22.03%	15.35%
Return on Invested Capital (ROIC)	10.14%	12.76%	10.71%	10.04%	8.53%	9.40%	8.10%	9.59%	7.80%	7.18%
ROIC Less NNEP Spread (ROIC-NNEP)	10.14%	12.76%	10.71%	10.04%	8.53%	9.40%	8.10%	9.59%	7.80%	7.18%
Return on Net Nonoperating Assets (RNNOA)	3.33%	2.73%	3.20%	2.82%	3.54%	2.62%	2.79%	3.01%	2.40%	2.15%
Return on Equity (ROE)	13.47%	15.49%	13.91%	12.86%	12.07%	12.03%	10.90%	12.60%	10.20%	9.34%
Cash Return on Invested Capital (CROIC)	11.79%	28.36%	1.75%	-0.65%	15.36%	-6.13%	6.68%	2.17%	-2.78%	2.75%
Operating Return on Assets (OROA)	1.24%	1.41%	1.18%	1.05%	0.97%	0.98%	0.93%	1.09%	0.88%	0.76%
Return on Assets (ROA)	0.91%	1.05%	0.90%	0.81%	0.73%	0.76%	0.71%	0.84%	0.69%	0.64%
Return on Common Equity (ROCE)	13.47%	15.49%	13.91%	12.86%	12.07%	12.03%	10.90%	12.60%	10.20%	9.34%
Return on Equity Simple (ROE_SIMPLE)	17.35%	0.00%	15.01%	14.18%	13.65%	0.00%	10.93%	10.95%	10.47%	0.00%
Net Operating Profit after Tax (NOPAT)	17	20	16	14	13	15	13	16	13	11
NOPAT Margin	25.72%	29.73%	24.82%	22.91%	21.20%	22.42%	21.07%	24.70%	19.98%	19.43%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	45.78%	41.82%	43.52%	42.79%	41.66%	40.49%	44.37%	43.31%	43.21%	47.38%
Operating Expenses to Revenue	64.62%	59.56%	64.58%	63.17%	63.91%	64.12%	66.05%	64.26%	70.12%	75.65%
Earnings before Interest and Taxes (EBIT)	23	27	21	19	17	19	17	21	17	13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	26	30	24	22	20	22	19	23	19	17
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.17	1.10	0.95	0.84	0.91	1.01	1.04	1.11	1.47	1.46
Price to Tangible Book Value (P/TBV)	1.17	1.10	0.95	0.84	0.91	1.01	1.04	1.11	1.47	1.46
Price to Revenue (P/Rev)	1.97	1.89	1.67	1.53	1.66	1.98	2.09	2.26	3.09	3.14
Price to Earnings (P/E)	6.75	6.74	6.34	5.93	6.70	8.68	9.51	10.10	14.03	14.72
Dividend Yield	5.49%	5.68%	6.26%	7.01%	6.56%	5.52%	5.33%	4.91%	3.52%	3.58%
Earnings Yield	14.81%	14.84%	15.76%	16.86%	14.93%	11.52%	10.51%	9.90%	7.13%	6.79%
Enterprise Value to Invested Capital (EV/IC)	0.90	0.88	0.66	0.39	0.23	0.22	0.56	0.64	0.90	0.81
Enterprise Value to Revenue (EV/Rev)	2.29	1.89	1.61	0.94	0.56	0.56	1.47	1.70	2.43	2.24
Enterprise Value to EBITDA (EV/EBITDA)	5.16	4.47	4.06	2.43	1.52	1.63	4.46	5.10	7.51	7.12
Enterprise Value to EBIT (EV/EBIT)	5.85	5.03	4.55	2.74	1.72	1.86	5.11	5.80	8.52	8.25
Enterprise Value to NOPAT (EV/NOPAT)	7.83	6.72	6.09	3.64	2.28	2.44	6.69	7.59	11.04	10.52
Enterprise Value to Operating Cash Flow (EV/OCF)	5.07	4.36	3.50	2.14	1.26	1.36	3.57	4.32	7.32	6.20
Enterprise Value to Free Cash Flow (EV/FCFF)	7.66	2.86	39.54	0.00	1.48	0.00	8.44	30.41	0.00	30.20
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.50	0.24	0.38	0.33	0.33	0.31	0.31	0.30	0.29	0.29
Long-Term Debt to Equity	0.24	0.23	0.33	0.33	0.33	0.31	0.31	0.30	0.29	0.29
Financial Leverage	0.33	0.21	0.30	0.28	0.42	0.28	0.34	0.31	0.31	0.30
Leverage Ratio	14.73	14.69	15.48	15.96	16.51	15.76	15.27	15.03	14.87	14.50
Compound Leverage Factor	14.73	14.69	15.48	15.96	16.51	15.76	15.27	15.03	14.87	14.50
Debt to Total Capital	33.49%	19.67%	27.76%	24.67%	24.98%	23.65%	23.54%	23.15%	22.33%	22.50%
Short-Term Debt to Total Capital	17.44%	0.89%	3.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	16.05%	18.78%	23.92%	24.67%	24.98%	23.65%	23.54%	23.15%	22.33%	22.50%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	66.51%	80.33%	72.25%	75.33%	75.02%	76.35%	76.46%	76.85%	77.67%	77.50%
Debt to EBITDA	1.91	1.00	1.70	1.55	1.63	1.78	1.88	1.85	1.87	1.98
Net Debt to EBITDA	0.71	-0.01	-0.17	-1.54	-2.95	-4.19	-1.89	-1.69	-2.04	-2.85
Long-Term Debt to EBITDA	0.92	0.95	1.47	1.55	1.63	1.78	1.88	1.85	1.87	1.98
Debt to NOPAT	2.90	1.50	2.56	2.31	2.44	2.66	2.82	2.75	2.75	2.93
Net Debt to NOPAT	1.08	-0.02	-0.25	-2.29	-4.42	-6.24	-2.83	-2.51	-2.99	-4.21
Long-Term Debt to NOPAT	1.39	1.43	2.21	2.31	2.44	2.66	2.82	2.75	2.75	2.93
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	18	120	-44	-57	48	-81	1.43	-27	-62	-23
Operating Cash Flow to CapEx	1,089.50%	928.59%	477.97%	674.44%	1,305.41%	1,285.66%	522.47%	554.61%	376.59%	1,738.73%
Free Cash Flow to Firm to Interest Expense	4.29	13.75	-3.46	-3.43	2.33	-3.54	0.06	-1.12	-2.58	-1.06
Operating Cash Flow to Interest Expense	8.00	3.67	1.45	1.81	1.72	0.94	0.70	1.08	0.88	1.19
Operating Cash Flow Less CapEx to Interest Expense	7.27	3.27	1.15	1.54	1.59	0.87	0.57	0.89	0.65	1.12
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	3.06	3.06	3.10	2.82	2.76	2.73	2.64	2.57	2.56	2.50
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	659	564	652	632	625	660	663	675	700	695
Invested Capital Turnover	0.39	0.43	0.43	0.44	0.40	0.42	0.38	0.39	0.39	0.37
Increase / (Decrease) in Invested Capital	-1.76	-100	60	71	-35	96	12	43	75	35
Enterprise Value (EV)	596	497	430	246	146	143	371	431	628	562
Market Capitalization	514	498	448	401	429	509	527	573	799	786
Book Value per Share	$16.01	$16.63	$17.46	$17.64	$17.33	$18.63	$18.75	$19.18	$20.09	$19.89
Tangible Book Value per Share	$16.01	$16.63	$17.46	$17.64	$17.33	$18.63	$18.75	$19.18	$20.09	$19.89
Total Capital	659	564	652	632	625	660	663	675	700	695
Total Debt	221	111	181	156	156	156	156	156	156	156
Total Long-Term Debt	106	106	156	156	156	156	156	156	156	156
Net Debt	82	-1.19	-18	-155	-283	-366	-157	-143	-170	-225
Capital Expenditures (CapEx)	3.16	3.46	3.82	4.45	2.70	1.68	3.25	4.68	5.65	1.51
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	221	111	181	156	156	156	156	156	156	156
Total Depreciation and Amortization (D&A)	2.87	3.04	2.62	2.71	2.79	2.57	2.49	2.44	2.35	3.61
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.61	$0.75	$0.60	$0.54	$0.49	$0.54	$0.48	$0.58	$0.49	$0.42
Adjusted Weighted Average Basic Shares Outstanding	27.36M	26.97M	27.00M	27.02M	27.04M	27.05M	27.05M	27.05M	27.06M	27.07M
Adjusted Diluted Earnings per Share	$0.61	$0.73	$0.60	$0.53	$0.49	$0.55	$0.48	$0.58	$0.49	$0.42
Adjusted Weighted Average Diluted Shares Outstanding	27.50M	26.97M	27.12M	27.07M	27.08M	27.05M	27.10M	27.12M	27.19M	27.07M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	27.23M	26.97M	27.01M	27.04M	27.04M	27.05M	27.04M	27.06M	27.06M	27.07M
Normalized Net Operating Profit after Tax (NOPAT)	17	20	16	14	13	15	13	16	13	11
Normalized NOPAT Margin	25.72%	29.73%	24.82%	22.91%	21.20%	22.42%	21.07%	24.70%	19.98%	19.43%
Pre Tax Income Margin	34.82%	39.60%	32.58%	29.99%	28.22%	28.86%	27.54%	32.25%	25.63%	22.95%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.26	3.07	1.68	1.14	0.85	0.83	0.70	0.86	0.71	0.60
NOPAT to Interest Expense	3.88	2.31	1.28	0.87	0.64	0.65	0.53	0.66	0.55	0.51
EBIT Less CapEx to Interest Expense	4.52	2.68	1.38	0.87	0.72	0.76	0.56	0.67	0.47	0.54
NOPAT Less CapEx to Interest Expense	3.15	1.91	0.98	0.60	0.51	0.57	0.40	0.47	0.32	0.44
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	37.35%	38.56%	40.08%	41.75%	43.96%	47.92%	50.74%	49.56%	49.42%	52.69%
Augmented Payout Ratio	69.24%	66.61%	63.02%	60.03%	55.77%	52.41%	53.22%	51.35%	51.08%	54.46%

Frequently Asked Questions About Central Pacific Financial's Financials

When does Central Pacific Financial's financial year end?

According to the most recent income statement we have on file, Central Pacific Financial's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Central Pacific Financial's net income changed over the last 2 years?

Central Pacific Financial's net income appears to be on a downward trend, with a most recent value of $53.41 million in 2024, falling from $73.93 million in 2022. The previous period was $58.67 million in 2023.

How has Central Pacific Financial revenue changed over the last 2 years?

Over the last 2 years, Central Pacific Financial's total revenue changed from $263.48 million in 2022 to $250.46 million in 2024, a change of -4.9%.

How much debt does Central Pacific Financial have?

Central Pacific Financial's total liabilities were at $6.93 billion at the end of 2024, a 2.9% decrease from 2023, and a 0.7% decrease since 2022.

How much cash does Central Pacific Financial have?

In the past 2 years, Central Pacific Financial's cash and equivalents has ranged from $77.77 million in 2024 to $116.18 million in 2023, and is currently $77.77 million as of their latest financial filing in 2024.

How has Central Pacific Financial's book value per share changed over the last 2 years?

Over the last 2 years, Central Pacific Financial's book value per share changed from 16.63 in 2022 to 19.89 in 2024, a change of 19.6%.

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This page (NYSE:CPF) was last updated on 4/18/2025 by MarketBeat.com Staff

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Central Pacific Financial (CPF) Financials

Frequently Asked Questions About Central Pacific Financial's Financials

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Central Pacific Financial (CPF) Financials

Annual Income Statements for Central Pacific Financial

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