CPB (NYSE:CPF – Get Free Report) announced its quarterly earnings data on Friday. The financial services provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.02, FiscalAI reports. CPB had a net margin of 21.96% and a return on equity of 13.93%. The business had revenue of $77.45 million for the quarter, compared to analyst estimates of $75.69 million. During the same period in the prior year, the firm posted $0.67 EPS.
Here are the key takeaways from CPB’s conference call:
- Central Pacific posted solid Q2 results with net income of $20.8 million, or $0.80 per diluted share, up 19% year over year, while ROA and ROE remained healthy at 1.12% and 13.94%, respectively.
- Net interest margin expanded by 4 basis points to 3.57%, and management expects NIM to stay relatively steady to slightly higher in the second half as funding costs remain stable.
- Loan growth was muted in the quarter as some closings slipped into Q3 and CRE payoffs offset production, leaving ending loans relatively flat at $5.3 billion; however, management expects stronger back-half growth from construction fundings and a solid pipeline.
- Credit quality remained sound overall with low non-performing assets and stable past dues, though criticized loans rose due to a small number of Hawaii-based credits that management says are well collateralized and actively managed.
- Capital and shareholder returns remain strong with a 12.7% CET1 ratio, share repurchases of $11.3 million in the quarter, and a higher third-quarter dividend of $0.30 per share, up 3.4%.
CPB Price Performance
CPF stock opened at $38.75 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.85 and a current ratio of 0.85. CPB has a 1 year low of $25.62 and a 1 year high of $40.06. The firm has a market cap of $1.01 billion, a P/E ratio of 12.42 and a beta of 0.84. The stock has a 50-day simple moving average of $36.69 and a 200-day simple moving average of $34.16.
CPB Increases Dividend
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on CPF shares. Benchmark initiated coverage on shares of CPB in a research note on Thursday, July 9th. They set a “buy” rating and a $44.00 price target on the stock. Weiss Ratings raised CPB from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, June 18th. Keefe, Bruyette & Woods boosted their price target on CPB from $36.00 to $37.00 and gave the company a “market perform” rating in a research report on Thursday, April 9th. Finally, Piper Sandler dropped their price target on CPB from $39.00 to $37.00 and set an “overweight” rating for the company in a research note on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, CPB has a consensus rating of “Buy” and a consensus target price of $39.33.
Read Our Latest Analysis on CPB
CPB News Summary
Here are the key news stories impacting CPB this week:
- Positive Sentiment: CPF reported Q2 2026 earnings of $0.80 per share, beating the $0.78 consensus estimate, while revenue of $77.45 million also came in above forecasts. Business Wire earnings release
- Positive Sentiment: The company said second-quarter net income was $20.8 million, up from $18.3 million a year ago, indicating improved profitability. Business Wire earnings release
- Positive Sentiment: CPF announced a quarterly dividend increase to $0.30 per share from $0.29, which raises the annualized payout and signals confidence in cash generation. Dividend announcement reference
- Neutral Sentiment: Investors may also be focusing on the earnings call transcript and management commentary for clues about loan growth, margin trends, and the outlook for the rest of 2026. Earnings call transcript
Hedge Funds Weigh In On CPB
Institutional investors and hedge funds have recently bought and sold shares of the stock. Invesco Ltd. raised its stake in shares of CPB by 122.4% during the fourth quarter. Invesco Ltd. now owns 185,893 shares of the financial services provider’s stock valued at $5,792,000 after purchasing an additional 102,301 shares during the period. Mercer Global Advisors Inc. ADV acquired a new position in CPB in the 4th quarter worth $242,000. Empowered Funds LLC boosted its position in CPB by 9.4% in the 4th quarter. Empowered Funds LLC now owns 119,889 shares of the financial services provider’s stock valued at $3,736,000 after buying an additional 10,337 shares during the last quarter. Numerai GP LLC acquired a new stake in shares of CPB during the fourth quarter valued at about $316,000. Finally, Millennium Management LLC increased its position in shares of CPB by 59.8% during the fourth quarter. Millennium Management LLC now owns 153,529 shares of the financial services provider’s stock worth $4,784,000 after acquiring an additional 57,455 shares during the last quarter. Hedge funds and other institutional investors own 88.42% of the company’s stock.
About CPB
Charoen Pokphand Foods Public Company Limited (NYSE: CPF) is a Thailand‐based integrated agro‐industrial and food conglomerate. Headquartered in Bangkok, the company is a subsidiary of the Charoen Pokphand Group and has grown into one of the world’s leading producers of livestock feed, meat and seafood products. CPF’s businesses span animal feed milling, animal breeding and hatchery operations, meat and seafood processing, and the distribution of fresh, frozen and value‐added food products.
CPF’s product portfolio includes poultry, swine and aquaculture feed; fresh and frozen chicken and pork; shrimp and other seafood; as well as ready‐to‐eat and ready‐to‐cook food items.
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