Central Pacific Financial Corp (CPF) Files 10-K for the Fiscal Year Ended on December 31, 2018

Central Pacific Financial Corp (CPF, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Central Pacific Financial Corp provides financial services, especially banking products. As a holding company of Central Pacific Bank, it renders loans and treasury products to individuals and corporates in the United States. Central Pacific Financial Corp has a market cap of $844.409 million; its shares were traded at around $29.15 with a P/E ratio of 14.46 and P/S ratio of 4.13. The dividend yield of Central Pacific Financial Corp stocks is 2.80%.

For the last quarter Central Pacific Financial Corp reported a revenue of $53.2 million, compared with the revenue of $51.65 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $208.2 million, an increase of 2.3% from last year. For the last five years Central Pacific Financial Corp had an average revenue growth rate of 2.4% a year.

The reported diluted earnings per share was $2.01 for the year, an increase of 50% from previous year. Over the last five years Central Pacific Financial Corp had an average EPS decline of 7.6% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Central Pacific Financial Corp has the cash and cash equivalents of $102.2 million, compared with $82.3 million in the previous year. The long term debt was $319.2 million, compared with $124.8 million in the previous year. Central Pacific Financial Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $29.15, Central Pacific Financial Corp is traded at 11% premium to its historical median P/S valuation band of $26.27. The P/S ratio of the stock is 4.13, while the historical median P/S ratio is 3.75. The stock gained 5.90% during the past 12 months.

Directors and Officers Recent Trades:

  • Executive Vice President Arnold D Martines sold 0 shares of CPF stock on 02/22/2019 at the average price of $29.86. The price of the stock has decreased by 2.38% since.
  • Executive Vice President Blenn Fujimoto sold 1,600 shares of CPF stock on 02/20/2019 at the average price of $30. The price of the stock has decreased by 2.83% since.
  • Director John C Dean sold 2,469 shares of CPF stock on 02/19/2019 at the average price of $30. The price of the stock has decreased by 2.83% since.
  • Director John C Dean sold 7,531 shares of CPF stock on 02/15/2019 at the average price of $29.83. The price of the stock has decreased by 2.28% since.
  • Director John C Dean sold 5,000 shares of CPF stock on 02/12/2019 at the average price of $29.53. The price of the stock has decreased by 1.29% since.

For the complete 20-year historical financial data of CPF, click here.