Central Pacific Financial Corp. is a Hawaii-based bank holding company with approximately $6.6 billion in assets. Central Pacific Bank, its primary subsidiary, operates 32 branches (four of which remain temporarily closed to protect the health and wellbeing of the Company's employees and customers from COVID-19) and 75 ATMs in the state of Hawaii, as of September 30, 2020.
Company profile
Ticker
CPF
Exchange
Website
CEO
Paul Yonamine
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CPB INC
SEC CIK
Corporate docs
Subsidiaries
Gentry HomeLoans, LLC • Haseko HomeLoans, LLC • Island Pacific HomeLoans, LLC ...
IRS number
990212597
CPF stock data
Latest filings (excl ownership)
8-K
Financial Statements and Exhibits
14 Mar 23
DEFA14A
Additional proxy soliciting materials
6 Mar 23
DEF 14A
Definitive proxy
6 Mar 23
8-K
Investor Presentation March 2023
1 Mar 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
Departure of Directors or Certain Officers
15 Feb 23
8-K
Central Pacific Financial Reports Fourth Quarter Earnings of $20.2 Million
25 Jan 23
8-K
Investor Presentation December 2022
14 Dec 22
8-K
Jason Fujimoto Appointed to CPF and CPB Board of Directors
5 Dec 22
8-K
Investor Presentation November 2022
17 Nov 22
Transcripts
CPF
Earnings call transcript
2022 Q4
25 Jan 23
CPF
Earnings call transcript
2022 Q3
21 Oct 22
CPF
Earnings call transcript
2022 Q2
27 Jul 22
CPF
Earnings call transcript
2022 Q1
20 Apr 22
CPF
Earnings call transcript
2021 Q4
26 Jan 22
CPF
Earnings call transcript
2021 Q3
28 Oct 21
CPF
Earnings call transcript
2021 Q2
29 Jul 21
CPF
Earnings call transcript
2021 Q1
29 Apr 21
CPF
Earnings call transcript
2020 Q4
27 Jan 21
CPF
Earnings call transcript
2020 Q3
28 Oct 20
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 112.04 mm | 112.04 mm | 112.04 mm | 112.04 mm | 112.04 mm | 112.04 mm |
| Cash burn (monthly) | 8.88 mm | 18.07 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 24.46 mm | 49.76 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 87.58 mm | 62.28 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 9.9 | 3.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
11.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 141 |
| Opened positions | 7 |
| Closed positions | 16 |
| Increased positions | 55 |
| Reduced positions | 51 |
| 13F shares | Current |
|---|---|
| Total value | 450.01 bn |
| Total shares | 24.22 mm |
| Total puts | 300.00 |
| Total calls | 25.80 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 3.90 mm | $79.18 bn |
| Vanguard | 3.18 mm | $64.46 bn |
| STT State Street | 1.30 mm | $26.35 bn |
| Dimensional Fund Advisors | 945.05 k | $19.17 mm |
| Cramer Rosenthal MCGLYNN | 931.31 k | $18.89 bn |
| BK Bank Of New York Mellon | 832.24 k | $16.88 bn |
| JPM JPMorgan Chase & Co. | 777.09 k | $15.70 bn |
| AMP Ameriprise Financial | 677.24 k | $13.74 bn |
| Nuveen Asset Management | 636.29 k | $12.85 bn |
| GS Goldman Sachs | 609.47 k | $12.36 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Feb 23 | FRY Earl E | Common Stock | Sell | Dispose S | Yes | No | 23.19 | 596 | 13.82 k | 49,654 |
| 15 Feb 23 | Hu Anna | Common Stock | Payment of exercise | Dispose F | No | No | 23.72 | 203 | 4.82 k | 1,411 |
| 15 Feb 23 | Hu Anna | Common Stock | Payment of exercise | Dispose F | No | No | 23.72 | 367 | 8.71 k | 1,583 |
| 15 Feb 23 | Hu Anna | Common Stock | Payment of exercise | Dispose F | No | No | 23.72 | 300 | 7.12 k | 1,295 |
| 15 Feb 23 | Hu Anna | Common Stock | Payment of exercise | Dispose F | No | No | 23.72 | 125 | 2.97 k | 207 |
| 15 Feb 23 | Hu Anna | Common Stock | Grant | Acquire A | No | No | 0 | 3,162 | 0.00 | 3,162 |
| 15 Feb 23 | Kisan Jo | Common Stock | Payment of exercise | Dispose F | No | No | 23.72 | 420 | 9.96 k | 2,934 |
| 15 Feb 23 | Kisan Jo | Common Stock | Payment of exercise | Dispose F | No | No | 23.72 | 252 | 5.98 k | 1,760 |
| 15 Feb 23 | Kisan Jo | Common Stock | Grant | Acquire A | No | No | 0 | 3,320 | 0.00 | 3,320 |
| 15 Feb 23 | Diane Murakami | Common Stock | Payment of exercise | Dispose F | No | No | 23.72 | 192 | 4.55 k | 1,334 |