|Over a week ago|
Central Pacific reports Q3 EPS 24c, consensus 34c » 06:4010/2810/28/20
Reports Q3 book value per…
Reports Q3 book value per share $19.30. Reports Q3 CET1 capital ratio 11.6%. Reports Q3 net charge-offs .10%. "Central Pacific Financial Corp. continues to perform well with solid pre-tax, pre-provision earnings, strong mortgage banking income and the achievement of our RISE2020 milestones on digital banking," said Paul Yonamine, chairman and CEO.
|Over a quarter ago|
Central Pacific reports Q2 EPS 35c, consensus 22c » 06:4007/2907/29/20
Reports Q2 book value per…
Reports Q2 book value per share $19.33. Reports Q2 CET1 capital ratio 11.4%. Reports Q2 net charge-offs 0.24%. "Central Pacific is strong and well-positioned to manage through the challenging operating environment. Our credit quality, capital and liquidity are solid, which enables us to support our customers and the community during this time of great need," said Paul Yonamine, Chairman and CEO. "Through the Paycheck Protection Program, we've been able to help save thousands of local jobs in our community. We are proud of our employees that stepped up during this tremendous effort and continue to work diligently to help our customers navigate the current challenges," said Catherine Ngo, President.
Central Pacific assumed with a Neutral at Piper Sandler » 06:0906/1006/10/20
Piper Sandler analyst…
Piper Sandler analyst Andrew Liesch initiated coverage of Central Pacific Financial with a Neutral rating and $20 price target. The shares deserve to trade in-line with peers until there is more clarity on the reopening of Hawaii's economy and for tourism to return, says the analyst.
Central Pacific upgraded to Buy from Neutral at Compass Point » 09:1404/2304/23/20
Compass Point analyst…
Compass Point analyst Laurie Havener Hunsicker upgraded Central Pacific to Buy from Neutral with a price target of $18, down from $23. In a research note to investors, the analyst says that while the depth and duration of the crisis will stress the entire economy, she expects that banks will experience outsized headwinds, as continued fallout over both consumer and corporate behavior and spending remains a big unknown. She thinks it may be another 3-6 quarters out from fully understanding if the extensive fiscal and monetary stimulus is enough to bridge both the consumer and the corporate borrower to the other side of this crisis.
Central Pacific upgraded to Buy from Neutral at Compass Point » 05:2004/2304/23/20
Compass Point analyst…
Compass Point analyst Laurie Havener Hunsicker upgraded Central Pacific Financial to Buy from Neutral with an $18 price target.
Central Pacific reports Q1 EPS 29c, consensus 29c » 06:3504/2204/22/20
Reports Q1 book value per…
Reports Q1 book value per share $18.99. Reports Q1 CET1 capital ratio 9.5%. "The company is highly focused on navigating the current challenges brought on by the COVID-19 pandemic. While we expect to see an adverse impact to our earnings in the near term, we are confident that we have the right leadership, solid balance sheet and strong risk management to manage well through the situation," said Paul Yonamine, Chairman and CEO.
Central Pacific to hold virtual shareholder meeting » 17:5403/2503/25/20
Central Pacific has…
Central Pacific has approved a change in the location of its 2020 Annual Meeting of Shareholders to a virtual-only shareholder meeting. Shareholders of record at the close of business on February 21 are invited to vote their shares and register for the meeting at proxyvote.com using the instructions provided with their proxy materials that were issued beginning on or about March 10. Shareholders may submit questions in advance when they register for the meeting, and they also will have the opportunity to submit questions during the virtual event using the directions on the meeting website that day. Technical assistance will be available for those attending the meeting.
Central Pacific reports Q4 EPS 50c, consensus 49c » 06:4001/2901/29/20
Reports Q4 CET1 capital…
Reports Q4 CET1 capital ratio 11.5%. Reports Q4 book value per share $18.68. Reports Q4 net charge-offs .21%.