olivLaw · US equity research
Central Pacific Financial Corp. CPF
State Commercial Banks · SIC 6022 · Vertical: State Commercial Banks (SIC 6022)
Central Pacific Financial Corp. is the holding company for Central Pacific Bank, a commercial bank based in Honolulu that operates almost only in Hawaii through a network of 27 branches. The company reported net income of $20.8 million in the second quarter of 2026, and its profitability and exposure to the islands' economy draw investor attention.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 30 Oct 2026, Central Pacific Financial Corp. (CPF) stock was 37.98 USD (−1.84% on the day), with market capitalisation 966.4 m USD, P/E 11.5 on diluted EPS of 3.31 USD over the last 12 months, dividend yield 3.05%, beta 0.73, 52-week range 28.51–39.99 USD. Latest reported quarter (Q3 2026): revenue of 12.4 m USD (−8.5% YoY), net income of 22.8 m USD (+22.6% YoY), diluted EPS 0.88 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 59.6
- strong (55–70)
- Bollinger (20, 2)
- 34.86 – 38.66
- in the upper half of the band · %B 0.82 · band width 10.3%
- SMA 50 / 200
- 37.05 / 35.42
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 0.36 / 0.11
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +5.8% | −0.9% | +6.8 pp | — |
| 3 months | −3.6% | +1.2% | −4.8 pp | — |
| 6 months | +12.7% | +4.8% | +7.9 pp | — |
| Year to date | +21.9% | +10.7% | +11.2 pp | — |
| 1 year | +30.6% | +11.1% | +19.5 pp | +25.4% |
| 3 years | +140.7% | +80.7% | +59.9 pp | +94.2% |
| 5 years | +38.2% | +64.6% | −26.4 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.6 m | 11.1 m | 13.0 m | 13.5 m | 14.2 m | 11.6 m | 14.6 m | 12.4 m |
| Depreciation & amortisation | 1.7 m | 1.7 m | 1.8 m ≈ | 1.8 m ≈ | 1.7 m | 1.7 m | 1.7 m ≈ | 1.7 m ≈ |
| Pre-tax income | 13.4 m | 22.6 m | 23.9 m | 23.6 m | 28.2 m | 26.9 m | 26.9 m | 30.2 m |
| Income tax | 2.1 m | 4.8 m | 5.6 m | 5.1 m | 5.3 m | 6.2 m | 6.1 m | 7.4 m |
| Net income | 11.3 m | 17.8 m | 18.3 m | 18.6 m | 22.9 m | 20.7 m | 20.8 m | 22.8 m |
| Diluted EPS | 0.42 ≈ | 0.65 | 0.67 | 0.69 | 0.85 ≈ | 0.78 | 0.80 | 0.88 |
| Operating cash flow | 26.3 m | 20.4 m | 35.1 m ≈ | 22.2 m ≈ | 19.7 m | 18.3 m | 42.9 m ≈ | 29.9 m ≈ |
| Capex | 1.5 m | 889.0 k | 2.0 m ≈ | 873.0 k ≈ | 1.4 m | 1.1 m | 1.9 m ≈ | 1.8 m ≈ |
| Dividends paid | 7.0 m | 7.3 m | 7.3 m ≈ | 7.3 m ≈ | 7.5 m | 7.6 m | 7.5 m ≈ | 7.7 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 45 percentile of its own 40-quarter history (min 6.3, median 12.4, max 22.3; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | ⚠ 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24.6 m | 26.0 m | 23.8 m | 43.1 m | 47.9 m | 46.7 m | 38.7 m | 51.8 m |
| Revenue YoY | unavailable | +5.9% | −8.6% | — | +11.3% | −2.6% | −17.0% | +33.8% |
| Net income | 59.5 m | 58.3 m | 37.3 m | 79.9 m | 73.9 m | 58.7 m | 53.4 m | 77.5 m |
| Net income YoY | +44.4% | −2.0% | −36.1% | — | −7.5% | −20.6% | −9.0% | +45.1% |
| Diluted EPS | 2.01 | 2.03 | 1.32 | 2.83 | 2.68 | 2.17 | 1.97 | 2.86 |
| Diluted EPS YoY | +50.0% | +1.0% | −35.0% | — | −5.3% | −19.0% | −9.2% | +45.2% |
| net % | 242.0% | 224.0% | 156.5% | 185.5% | 154.3% | 125.7% | 137.9% | 149.5% |
| Free cash flow | 100.3 m | 65.0 m | 50.8 m | 88.3 m | 95.7 m | 92.5 m | 75.4 m | 92.3 m |
The series breaks before 2021: earlier years come from the original reports of the issuer of that time, later years from a subsequent filing that restated the perimeter (a separation, discontinued operations). The year-on-year change across the break is not shown.
Reported results vs expectations
Loading…
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 378.7 m USD
- Financial debt
- 76.5 m USD
- Net debt
- -302.1 m USD
- Equity
- 592.6 m USD
- Total assets
- 7.4 bn USD
- Debt / equity
- 0.13x
- Current ratio
- unavailable
- ROE
- 13.7%
- ROA
- 1.0%
- FCF margin
- 178.1%
Financial statements (source on every figure)
Revenue and net income (USD)
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Net interest income | 197.7 m | 211.0 m | 215.6 m | 210.0 m | 211.7 m | 240.9 m | SEC (XBRL)· 27 Feb 2026verified |
| Net fee income | 45.2 m | 43.1 m | 47.9 m | 46.7 m | 38.7 m | 51.8 m | SEC (XBRL)· 27 Feb 2026verified |
| Non-interest expense | 151.7 m | 163.0 m | 166.0 m | 164.1 m | 172.6 m | 178.7 m | SEC (XBRL)· 27 Feb 2026verified |
| Pre-tax income | 49.0 m | 105.7 m | 98.8 m | 76.8 m | 68.0 m | 98.3 m | SEC (XBRL)· 27 Feb 2026verified |
| Net income | 37.3 m | 79.9 m | 73.9 m | 58.7 m | 53.4 m | 77.5 m | SEC (XBRL)· 27 Feb 2026verified |
| Diluted EPS | 1.32 | 2.83 | 2.68 | 2.17 | 1.97 | 2.86 | SEC (XBRL)· 27 Feb 2026verified |
| Dividend per share | 0.92 | 0.96 | 1.04 | 1.04 | 1.04 | 1.09 | SEC (XBRL)· 27 Feb 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 104.1 m | 328.9 m | 112.0 m | 522.4 m | 380.9 m | 378.7 m | SEC (XBRL)· 27 Feb 2026verified |
| Loans | 4.9 bn | 5.0 bn | 5.5 bn | 5.4 bn | 5.3 bn | 5.2 bn | SEC (XBRL)· 27 Feb 2026verified |
| Total assets | 6.6 bn | 7.4 bn | 7.4 bn | 7.6 bn | 7.5 bn | 7.4 bn | SEC (XBRL)· 27 Feb 2026verified |
| Deposits | 5.8 bn | 6.6 bn | 6.7 bn | 6.8 bn | 6.6 bn | 6.6 bn | SEC (XBRL)· 27 Feb 2026verified |
| Short-term debt | 22.0 m | 0 | 5.0 m | 0 | 0 | 0 | SEC (XBRL)· 27 Feb 2026verified |
| Long-term debt | 0 | 105.6 m | 105.9 m | 156.1 m | 156.3 m | 76.5 m | SEC (XBRL)· 27 Feb 2026verified |
| Total liabilities | 6.0 bn | 6.9 bn | 7.0 bn | 7.1 bn | 6.9 bn | 6.8 bn | SEC (XBRL)· 27 Feb 2026verified |
| Equity | 546.7 m | 558.3 m | 452.9 m | 503.8 m † | 538.4 m † | 592.6 m † | SEC (XBRL)· 27 Feb 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Dividends paid | 25.9 m | 27.0 m | 28.5 m | 28.1 m | 28.1 m | 29.4 m | SEC (XBRL)· 27 Feb 2026verified |
Computed indicators
Growth
Profitability
Returns
Market and valuation
Banking
32 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 49 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
30 Oct 2026Source: olivLaw, closing series
Market cap: 966.4 m USD
Key indicators
Coverage and freshness
Score by group
- Returns68
- Balance sheet53
- Valuation36
- Quality61
- Growth22
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 14.32 – 48.90 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- Residual income25.22 – 26.37 (Mid 25.78)
- Justified P/B36.36 – 48.90 (Mid 41.71)
- Dividend discount (DDM)14.32 – 19.26 (Mid 16.43)
- Peers: P/E35.09 – 42.52 (Mid 39.43)34 companies used · median multiple 11.9x · quartiles 10.6x – 12.8xALLY, ASB, BANR, BNY, BOTJ, BPOP, CFFI, CFG, COFS, EWBC, FCCO, FHB, FMNB, FVCB, GBFH, JMSB, LKFN, MCB, MCHB, MTB, MVBF, NTRS, NWFL, PEBK, PEBO, QCRH, RBB, STT, SYBT, TCBI, TMP, UBCP, UCB, UVSP
- Peers: P/B25.78 – 30.81 (Mid 27.02)31 companies used · median multiple 1.2x · quartiles 1.1x – 1.3xALLY, ASB, BANR, BOTJ, BPOP, CBFV, CFFI, CFG, COFS, EWBC, FCCO, FHB, FITB, FMNB, FVCB, GBFH, JMSB, MCB, MTB, MVBF, NWFL, PEBK, PEBO, QCRH, RBB, STT, TCBI, TMP, UBCP, UCB, UVSP
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 49/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROE · Quality | 14.9% | 82 (vs peers) | 19% |
| ROA · Quality | 1.2% | 55 (on a fixed band) | 7% |
| Cost-to-income · Quality | 59.4% | 22 (on a fixed band) | 12% |
| Net interest margin · Quality | 3.4% | 75 (on a fixed band) | 7% |
| EPS CAGR 3Y · Growth | 2.2% | 18 (on a fixed band) | 10% |
| Revenue CAGR 3Y · Growth | 2.6% | 26 (on a fixed band) | 7% |
| NPL ratio · Balance sheet | unavailable | unavailable | — |
| Cost of risk · Balance sheet | unavailable | unavailable | — |
| Loan-to-deposit · Balance sheet | 78.8% | 53 (on a fixed band) | 5% |
| P/B · Valuation | 1.7x | 14 (vs peers) | 12% |
| P/E (TTM) · Valuation | 11.5x | 58 (vs peers) | 12% |
| Dividend yield · Returns | 3.1% | 68 (vs peers) | 10% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial53/100 · 1/3 factors with a value
- Growth22/100 · 2/2 factors with a value
- Quality61/100 · 4/4 factors with a value
- Returns68/100 · 1/1 factors with a value
- Valuation36/100 · 2/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
CENTRAL PACIFIC FINANCIAL CORP (CPF). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: net interest income 240.9 m USD in 2025; YoY growth 33.8%; net margin 165.3%; ROE 14.9%.
The estimated value range is 25.78–30.81 USD per share (median of 5 methods, agreement: low); assumptions are illustrative. Against the central value of 27.02 USD, the price of 37.98 USD leaves a potential of -28.8% (value / price − 1) and a margin of safety of -40.5% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 49/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROE: 14.9%
- Net interest margin: 3.4%
What contradicts it
- Cost-to-income: 59.4%
- EPS CAGR 3Y: 2.2%
- Revenue CAGR 3Y: 2.6%
- P/B: 1.7x
- The price is above the estimated value range
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): NPL ratio, Cost of risk.
Versus the vertical median
State Commercial Banks (SIC 6022) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BNYThe Bank Of New York Mellon Corporation | 99.0 bn | 16.2 | 15.0% | 32.6% | +7.8% | +36% / +246% |
| FITBFifth Third Bancorp | 48.9 bn | 18.1 | 8.4% | — | −2.0% | +29% / +127% |
| STTState Street Corporation | 46.2 bn | 13.6 | 13.1% | 23.8% | +7.3% | +47% / +163% |
| MTBM&T Bank Corp | 31.9 bn | 11.5 | 10.7% | 178.1% | +7.5% | +20% / +96% |
| NTRSNorthern Trust Corporation | 30.6 bn | 13.0 | 18.4% | 28.8% | −2.5% | +31% / +157% |
| CFGCitizens Financial Group Inc | 26.7 bn | 12.6 | 8.9% | 25.4% | +5.6% | +25% / +172% |
| EWBCEast West Bancorp, Inc. | 17.9 bn | 12.6 | 16.6% | — | +4.4% | +29% / +144% |
| ALLYAlly Financial Inc. | 11.6 bn | 8.8 | 9.7% | 16.8% | −3.3% | −2% / +58% |
| BPOPPopular, Inc. | 10.0 bn | 10.6 | 15.6% | — | unavailable | +40% / +141% |
| ASBAssociated Banc-Corp | 5.6 bn | 10.4 | 10.2% | — | −11.0% | +22% / +87% |
| UCBUnited Community Banks, Inc. | 4.4 bn | 12.0 | 10.3% | 34.0% | +11.7% | +26% / +66% |
| TCBITexas Capital Bancshares Inc | 4.3 bn | 12.9 | 10.2% | — | unavailable | +21% / +85% |
| FHBFirst Hawaiian, Inc. | 3.1 bn | 10.9 | 10.3% | 31.5% | +8.9% | +3% / +41% |
| SYBTStock Yards Bancorp, Inc. | 2.4 bn | 15.6 | 13.3% | — | +3.4% | +21% / +101% |
| BANRBanner Corporation | 2.4 bn | 11.4 | 10.8% | — | unavailable | +15% / +64% |
| QCRHQcr Holdings, Inc. | 1.7 bn | 12.0 | 12.9% | — | +46.3% | +36% / +114% |
| LKFNLakeland Financial Corporation | 1.5 bn | 13.4 | 15.4% | — | −2.1% | +5% / +22% |
| TMPTompkins Financial Corp | 1.4 bn | 7.9 | 20.9% | 238.0% | −4.5% | +57% / +99% |
| PEBOPeoples Bancorp Inc. | 1.4 bn | 11.4 | 10.1% | 136.3% | +2.3% | +35% / +40% |
| MCBMetropolitan Bank Holding Corp. | 1.2 bn | 12.1 | 10.2% | 860.0% | −53.8% | +44% / +195% |
| UVSPUnivest Financial Corporation | 1.1 bn | 11.4 | 10.5% | 29.0% | +9.6% | +35% / +138% |
| CPFCentral Pacific Financial Corp | 966.4 m | 11.5 | 14.9% | 165.3% | +33.8% | +31% / +141% |
| FMNBFarmers National Banc Corp | 926.6 m | 10.6 | 10.9% | 20.5% | +3.9% | +20% / +39% |
| COFSChoiceOne Financial Services, Inc. | 530.2 m | 9.8 | 12.0% | 42.0% | +63.6% | +24% / +88% |
| RBBRBB Bancorp | 432.2 m | 10.5 | 7.9% | 720.3% | −2.4% | +37% / +121% |
1- and 3-year price returns: for CPF from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 22.79 Total return -38% · Per year -38% | 40.33 Total return 9% · Per year 9% | 60.80 Total return 64% · Per year 64% |
| 3 years | 21.30 Total return -37% · Per year -14% | 42.49 Total return 22% · Per year 7% | 70.44 Total return 98% · Per year 26% |
| 5 years | 19.91 Total return -36% · Per year -9% | 44.76 Total return 35% · Per year 6% | 81.62 Total return 138% · Per year 19% |
- Exit P/E± 10.62
- Net margin± 7.44
- Annual revenue growth± 6.21
- Annual dilution± 0.62
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (28 Oct 2026 · results), 10-Q (28 Oct 2026).
In brief
Central Pacific Financial Corp. is the holding company for Central Pacific Bank, a commercial bank based in Honolulu that operates almost only in Hawaii through a network of 27 branches. The company reported net income of $20.8 million in the second quarter of 2026, and its profitability and exposure to the islands' economy draw investor attention.
SWOT
Strengths
- Stable, low-cost deposits from local clients, strong personal relationships and a capital base management describes as strong.
- Solid local recognition, including the top-ranked Hawaii company on a 2026 public list.
- Profitability has improved in recent periods, supported by the net interest margin and cost control.
Weaknesses
- Heavy geographic concentration in Hawaii, where the economy and real estate are tied to a small number of sectors.
- A loan book dominated by real estate collateral, which raises exposure to falling property prices.
- Reliance on dividends from the bank subsidiary for most of the holding company's revenue and liquidity.
Opportunities
- Growth in lending on the US mainland could diversify the portfolio and reduce regional risk.
- Partnerships with institutions in Japan and Korea could diversify funding and the client base.
- Expanding wealth management could bring steadier fee income.
Threats
- A local recession or a tourism slump could weaken loan demand and asset quality.
- If rates stay high, funding costs could rise faster than loan income.
- Competition from fintechs and online lenders could compress deposit and lending margins.
Risks
- Geographic concentrationhigh
Operations are tied almost entirely to the Hawaii economy, so a local shock could quickly affect loans and revenue.
- Real estate exposurehigh
A large share of loans is secured by property, so falling prices could raise losses and provisions.
- Interest rate riskmedium
Sudden rate changes or a flattening yield curve could weigh on net interest income.
- Dependence on the bank subsidiarymedium
The holding company relies heavily on bank dividends, and regulatory limits could restrict payments to shareholders.
- Cyber and regulatory riskmedium
Security incidents, fraud or regulatory changes could bring compliance costs and reputational damage.
Investment thesis
What would need to be true (bull case)
- Profitability has risen in recent quarters and the net interest margin increased in the second quarter of 2026, which could support results if the trend holds.
- Core deposits have grown and are low-cost, giving stable funding and a solid base for lending growth.
- Strong capital and the share repurchase program could support shareholder returns if conditions stay favorable.
What would break the thesis
- Geographic concentration in Hawaii means a local recession or real estate downturn could hit loans, deposits and revenue at once.
- A real estate-heavy portfolio could generate larger provisions if prices fall or borrowers struggle.
- If rates fall or the yield curve flattens, net interest income could be squeezed while compliance costs stay high.
What to watch
- Trend in the net interest margin and cost of depositsQ3 2026
- Level of credit loss provisions and nonperforming assetsQ3 2026
- Tourism and Hawaii real estate market trends2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (28 Oct 2026 · results), 10-Q (28 Oct 2026).
The business
Central Pacific Financial Corp. is a Hawaii bank holding company registered under the BHC Act, whose main subsidiary is Central Pacific Bank. The bank provides full commercial banking services, including deposits, commercial, mortgage, construction and consumer lending, plus cash management and digital banking. The company reports a single segment, banking, and became a Federal Reserve System member in January 2025 1.
Main revenue comes from interest and fees on loans, interest on securities and fees on deposits and other services. Funding relies largely on stable, low-cost deposits from Hawaii retail and small business clients, and the company seeks to diversify sources through partnerships with customers in Japan and Korea 1.
Segments
Lending
The loan book is focused on residential mortgages, commercial loans and mortgages, construction loans and consumer loans, most secured by Hawaii real estate 1. At December 31, 2025, about 80% of the portfolio was real estate-related 1.
Deposits and services
Deposits from Hawaii retail and small business clients provide stable funding, and the branch and ATM network is the main access channel 12. Wealth management services add fee-based income 2.
Banking operations
The company reports one segment, banking operations, so performance is tracked on a consolidated basis 1.
Market context
The reference market is Hawaii, where Central Pacific Bank ranked fourth by deposit share among FDIC-insured institutions at December 31, 2025 1. The island economy depends on tourism, real estate and government services, and unemployment was 2.2% in December 2025, below the national rate 1.
The Oahu real estate market stayed relatively resilient in 2025, with single-family median prices rising while tourism stabilized at a slightly lower visitor count 1. Forecasts for 2026 still carry risks if the US economy or tourism demand weakens.
Trends
- Interest rate pathmixed
Net interest income depends on the gap between loan yields and deposit costs; if rates fall or the yield curve flattens, margins could come under pressure 1. Still, the net interest margin rose in the second quarter of 2026 3.
- Hawaii economyheadwind
UHERO forecasts flat real income in 2026, with tourism declining, especially from international markets, and tariff-related risks 1. If these trends deepen, real estate loans and asset quality could be affected.
- Asset qualitymixed
Nonperforming assets and net charge-offs have stayed moderate, and the loan loss allowance is stable 3. If real estate debt deteriorates, provisions could rise quickly.
- Capital and shareholder returnstailwind
Capital ratios are solid, and the company repurchased shares and raised its dividend in July 2026 3. Strong capital could support organic growth if capital ratios remain comfortable.
Competitive position
Competition in Hawaii is intense and comes from commercial and savings banks, brokerage firms, fintech companies, mortgage companies, insurers, credit unions and online lenders 1. The company says it differentiates through personal relationships, local services and digital banking 1.
The stated edge rests on stable Hawaii deposits and flexible service, but the local market is small and concentrated, which limits expansion without direct competition with larger banks 12.
- Brokerage and wealth management firms
Compete on investment and wealth management services.
- Fintech and digital banks
Compete on payments and digital banking, especially for younger clients.
- Online and non-bank mortgage lenders
Compete on mortgage and consumer lending, sometimes through digital platforms.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Quarterly report28 Oct 2026
- Current report28 Oct 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report06 Aug 2026
- Current report24 Jul 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report02 Jul 2026Shareholder vote · Financial statements and exhibits
- Current report04 May 2026Shareholder vote
- Quarterly report29 Apr 2026
- Current report29 Apr 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Proxy statement06 Mar 2026
- Annual report27 Feb 2026
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Central Pacific Financial Corp. · 27 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Central Pacific Financial Corp. · 06 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Central Pacific Financial Corp. · 24 Jul 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.