Central Pacific Financial (NYSE:CPF) Releases Earnings Results, Beats Expectations By $0.09 EPS

Posted by Paula Ricardo on Jan 30th, 2025

Central Pacific Financial (NYSE:CPF – Get Free Report) posted its earnings results on Wednesday. The financial services provider reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.09, Zacks reports. Central Pacific Financial had a net margin of 16.10% and a return on equity of 11.44%.

Central Pacific Financial Stock Up 1.9 %

CPF opened at $28.54 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.85 and a current ratio of 0.85. Central Pacific Financial has a one year low of $18.00 and a one year high of $33.25. The business’s 50-day simple moving average is $29.47 and its 200-day simple moving average is $28.19. The stock has a market capitalization of $772.44 million, a P/E ratio of 13.59 and a beta of 1.19.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Central Pacific Financial from a “hold” rating to a “sell” rating in a report on Tuesday.

Check Out Our Latest Stock Analysis on Central Pacific Financial

About Central Pacific Financial

(Get Free Report)

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.