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home / news releases / CPF - Central Pacific Financial: The Focus On Real Estate Pays Off

CPF - Central Pacific Financial: The Focus On Real Estate Pays Off

Central Pacific Financial Corp New
  • Central Pacific Financial has a pure focus on Hawaii, where residential real estate prices have remained relatively stable.
  • This helped the bank to keep its loan portfolio very strong, and a high loan loss provision in 2020 likely means the bank had a conservative approach.
  • A $0.23 quarterly dividend has been declared and the bank is interested in buying back $25M worth of stock.
  • It is surprising to see this bank is flying under the radar as it definitely deserves more attention.

For further details see:

Central Pacific Financial: The Focus On Real Estate Pays Off
Stock Information
Company Name: Central Pacific Financial Corp New
Stock Symbol: CPF
Market: NYSE
Website: cpb.bank
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