Benzinga | Jul 28, 2021 07:41AM EDT

Recap: Central Pacific Financial Q2 Earnings



Shares of Central Pacific Financial (NYSE:CPF) were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share were up 88.57% over the past year to $0.66, which beat the estimate of $0.55.

Revenue of $52,061,000 up by 5.69% year over year, which beat the estimate of $51,250,000.

Outlook

Central Pacific Financial hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 28, 2021

Time: 01:00 PM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/cpf/mediaframe/45926/indexr.html

Technicals

52-week high: $28.81

Company's 52-week low was at $12.80

Price action over last quarter: down 8.91%

Company Overview

Central Pacific Financial Corp operates in the financial services sector in the United States. It acts as the holding company for Central Pacific Bank, through which it provides a range of banking products and services. It caters to businesses, professionals, and individuals through an array of loan products, including residential mortgage loans, commercial and consumer loans and lines of credit, commercial real estate loans and construction loans. Apart from its predominant banking segment, it also functions through a Treasury segment, which is responsible for managing the Company's investment securities portfolio and wholesale funding activities.