CPB (NYSE:CPF) Announces Earnings Results

CPB (NYSE:CPF) posted its quarterly earnings data on Friday. The financial services provider reported $0.80 EPS for the quarter, topping the consensus estimate of $0.78 by $0.02, FiscalAI reports. The firm had revenue of $77.45 million for the quarter, compared to the consensus estimate of $75.69 million. CPB had a return on equity of 13.93% and a net margin of 21.96%.During the same quarter last year, the company earned $0.67 earnings per share.

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 Stock Up 0.2%

Shares of NYSE CPF opened at $38.75 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a 50-day simple moving average of $36.69 and a two-hundred day simple moving average of $34.16. CPB has a 1 year low of $25.62 and a 1 year high of $40.06. The company has a market cap of $1.01 billion, a P/E ratio of 12.96 and a beta of 0.84.

CPB Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.1%. The ex-dividend date is Monday, August 31st. This is a positive change from CPB’s previous quarterly dividend of $0.29. CPB’s payout ratio is currently 38.80%.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Piper Sandler cut their target price on CPB from $39.00 to $37.00 and set an “overweight” rating for the company in a research report on Thursday, April 2nd. Weiss Ratings raised shares of CPB from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, June 18th. Benchmark started coverage on shares of CPB in a report on Thursday, July 9th. They set a “buy” rating and a $44.00 price objective for the company. Finally, Keefe, Bruyette & Woods boosted their target price on CPB from $36.00 to $37.00 and gave the stock a “market perform” rating in a research report on Thursday, April 9th. One 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 company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $39.33.

More CPB News

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. grew its position in shares of CPB by 122.4% in the 4th quarter. Invesco Ltd. now owns 185,893 shares of the financial services provider’s stock worth $5,792,000 after buying an additional 102,301 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in CPB in the 4th quarter worth $242,000. Empowered Funds LLC lifted its position in CPB by 9.4% during the 4th quarter. Empowered Funds LLC now owns 119,889 shares of the financial services provider’s stock worth $3,736,000 after acquiring an additional 10,337 shares during the period. Numerai GP LLC purchased a new stake in CPB during the 4th quarter valued at about $316,000. Finally, Millennium Management LLC grew its stake in CPB by 59.8% during the 4th quarter. Millennium Management LLC now owns 153,529 shares of the financial services provider’s stock valued at $4,784,000 after purchasing an additional 57,455 shares during the last quarter. 88.42% of the stock is currently owned by institutional investors.

CPB Company Profile

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.