Central Pacific Financial (CPF) Earning Somewhat Favorable News Coverage, Study Finds
Media stories about Central Pacific Financial (NYSE:CPF) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Central Pacific Financial earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 44.7090185059142 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of NYSE:CPF opened at $29.44 on Tuesday. The company has a market cap of $871.37, a PE ratio of 18.52 and a beta of 1.13. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.77 and a current ratio of 0.77. Central Pacific Financial has a 12 month low of $27.34 and a 12 month high of $33.55.
Central Pacific Financial (NYSE:CPF) last announced its quarterly earnings results on Wednesday, January 24th. The financial services provider reported $0.39 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.02). The firm had revenue of $51.87 million for the quarter, compared to analysts’ expectations of $52.60 million. Central Pacific Financial had a return on equity of 9.56% and a net margin of 18.81%. During the same period last year, the firm earned $0.39 EPS. analysts expect that Central Pacific Financial will post 2.04 EPS for the current fiscal year.
In other news, Director Colbert M. Matsumoto purchased 1,000 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The shares were acquired at an average price of $28.61 per share, with a total value of $28,610.00. Following the purchase, the director now directly owns 2,375 shares of the company’s stock, valued at $67,948.75. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have bought a total of 2,850 shares of company stock worth $82,710 in the last three months. Corporate insiders own 4.30% of the company’s stock.
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Central Pacific Financial Company Profile
Central Pacific Financial Corp. operates as the holding company for Central Pacific Bank that provides commercial banking products and services to businesses, professionals, and individuals in Hawaii. The company operates in three segments: Banking Operations, Treasury, and All Others. It offers various deposit products and services, including personal and business checking and savings accounts, money market accounts, and time certificates of deposit.
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