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Central Pacific Financial Corp (CPF) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

Central Pacific Financial Corp (CPF) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Central Pacific Financial Corp provides financial services, especially banking products. As a holding company of Central Pacific Bank, it renders loans and treasury products to individuals and corporates in the United States. Central Pacific Financial Corp has a market cap of $839.650 million; its shares were traded at around $27.87 with a P/E ratio of 20.80 and P/S ratio of 4.17. The dividend yield of Central Pacific Financial Corp stocks is 2.61%. Central Pacific Financial Corp had annual average EBITDA growth of 15.90% over the past five years.


For the last quarter Central Pacific Financial Corp reported a revenue of $51.9 million, compared with the revenue of $53.47 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $204.2 million, an increase of 2% from last year. For the last five years Central Pacific Financial Corp had an average revenue growth rate of 2.3% a year.

The reported diluted earnings per share was $1.34 for the year, a decline of 10.7% from the previous year. Over the last five years Central Pacific Financial Corp had an average EPS decline of 5.2% a year. The Central Pacific Financial Corp enjoyed an operating margin of 36.76%, compared with the operating margin of 36.06% a year before. The 10-year historical median operating margin of Central Pacific Financial Corp is 23.60%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Central Pacific Financial Corp has the cash and cash equivalents of $82.3 million, compared with $84.3 million in the previous year. The long term debt was $124.8 million, compared with $92.8 million in the previous year. The interest coverage to the debt is 5.1. Central Pacific Financial Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $27.87, Central Pacific Financial Corp is traded at 16% premium to its historical median P/S valuation band of $24.02. The P/S ratio of the stock is 4.17, while the historical median P/S ratio is 3.60. The stock lost 8.71% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Colbert M Matsumoto bought 1,000 shares of CPF stock on 02/06/2018 at the average price of $28.61. The price of the stock has decreased by 2.59% since.
  • Director Colbert M Matsumoto bought 400 shares of CPF stock on 02/02/2018 at the average price of $29.68. The price of the stock has decreased by 6.1% since.
  • Director Colbert M Matsumoto bought 600 shares of CPF stock on 01/31/2018 at the average price of $29.92. The price of the stock has decreased by 6.85% since.

For the complete 20-year historical financial data of CPF, click here.

This article first appeared on GuruFocus.