Central Pacific Financial Corp. (CPF)

In Q4 2024, CPF reported EPS of $0.70, exceeding forecasts, and the stock price increased by 2.26%; the company also increased its dividend and authorized a share repurchase program. David Morimoto and Dayna Matsumoto were promoted to executive positions. In Q1 2025, the company reported net income of $17.8 million, and the stock price rose by 2.4%. In Q2 2025, net income was $18.3 million, exceeding forecasts, but the stock declined slightly by 0.83%; the company repurchased 103,077 shares. The Q3 2025 earnings release is scheduled for October 29, 2025.

Specific details on demand seasonality for Central Pacific Financial Corp.'s products are limited, but general analysis suggests a long bias in October. The bank's engagement with Hawaii's tourism and construction sectors indicates potential correlation with the seasonal patterns of these industries. Loan growth is expected to be negligible due to high mortgage rates, while tourism remains stable, potentially influencing demand for banking services.

Central Pacific Financial Corp. (CPF) is a Hawaii-based bank holding company operating in the financial services sector as a State Commercial Bank. Founded in 1954, it offers a range of financial products and services, including personal banking (checking, savings, mortgages, loans, wealth management), business banking (checking, savings, commercial loans, treasury management), wealth management (financial planning, investment management, trust services), and other services like ATMs and international banking.

Central Pacific Financial Corp. operates exclusively within the state of Hawaii through its subsidiary, Central Pacific Bank, which maintains 27 branches and 55 ATMs across the state as of June 30, 2025.

Central Pacific Bank has a positive brand reputation, being named Hawaii's Best Bank by Forbes for the fourth consecutive year in 2025. The bank donated property to Honolulu, supports women entrepreneurs through the "WE by Rising Tide" program, and partnered with Kyoto Shinkin Bank to strengthen Hawaii-Japan business relationships. No significant negative events impacting the brand were found.

As of March 30, 2025, institutional investors hold 97.81% of Central Pacific Financial Corp.'s shares, while insider ownership is at 2.51%. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., and Dimensional Fund Advisors LP. Individual ownership information is less current, with data from 2018 SEC filings showing ownership by directors such as Christine H. H. Camp, Earl E. Fry, and Paul J. Kosasa.