Insider Trader Watch: CPB Inc. $CPF

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CPB Inc. (NYSE:CPF) insiders have most recently took part in a trading activity. On Jun 13, 2017 Rose Crystal, Director bought 1,880 shares having total worth of $60,310 at the price of $32.08 per share, following the transaction a total of 40,285 shares owned by Rose Crystal. Before this latest buy, Rose Crystal purchased CPF at 1 other times during the past twelve months, for a total investment of $58,872 at an average of $24.53 per share.

On the same day, Camp Christine H H, Director bought 1,610 shares having total worth of $51,649 at the price of $32.08 per share, following the transaction a total of 121,103 shares owned by Camp Christine H H. Before this latest buy, Camp Christine H H purchased CPF at 1 other times during the past twelve months, for a total investment of $51,555 at an average of $24.55 per share.

On the same day, Ota Saedene K, Director bought 2,700 shares having total worth of $86,616 at the price of $32.08 per share, following the transaction a total of 7,859 shares owned by Ota Saedene K. Before this latest buy, Ota Saedene K purchased CPF at 1 other times during the past twelve months, for a total investment of $86,170 at an average of $24.62 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 sell activities .Furthermore, over the past 12 months , the stock was traded 26 times by insiders. In 20 of these trades, the insider was a seller while an employee of the company was the buyer in 6 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 4 2.23%
12 Month 6 20 45.78%

Shares of CPB Inc. (NYSE:CPF) traded up 0.41% on Jun 13, 2017, hitting $32.1. 174,375 shares of the company’s stock traded hands. CPB Inc. has a 52 week low of $18.6 and a 52 week high of $33.28. The company’s market cap is $766 million.

CPB Inc. (NYSE:CPF) last announced its earnings results on Apr 26, 2017. The company reported 0.42 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.38 by $0.04. The company had revenue of $41 million for the quarter, compared to the consensus estimate of $41 million. During the same quarter in the previous year, the company posted 0.35 earnings per share. The company’s revenue for the quarter was up 5% on a year-over-year basis.

2017-04-26 2017-01-25 2016-10-27 2016-07-28 2016-04-28 2016-01-28 2015-10-29 2015-07-24 2015-04-23 2015-01-29
earnings per share 0.42 0.39 0.37 0.39 0.35 0.34 0.38 0.39 0.29 0.37
Revenue(M) 41.26 39.7 39.43 39.61 39.21 38.19 37.81 45.42 36.24 46.4

Central Pacific Financial Corporation is a Hawaii Corporation and bank holding company registered under the Bank Holding Company Act of 1956 was organized on February 1, 1982. The Company’s main business is to serve as a holding company for its bank subsidiary, Central Pacific Bank, which was incorporated in its present form in the state of Hawaii on March 16, 1982 in connection with the holding company reorganization, and its predecessor entity was incorporated in the state of Hawaii on January 15, 1954. Through CPF’s bank and its subsidiaries, the Company offers commercial banking with 34 bank branches and more than 116 ATMs located throughout the state of Hawaii. It has 27 branches on the island of Oahu. It operates four branches on the island of Maui, two branches on the island of Hawaii and one branch on the island of Kauai. The Company’s bank’s deposits are insured by the FDIC up to applicable limits. The Company offers a range of banking services and products to businesses, professionals and individuals. The Company provides its customers with an array of commercial and consumer loan products, including commercial real estate and construction loans, residential mortgage loans, commercial loans and lines of credit, and consumer loans and lines of credit. Through CPF’s bank, it concentrates its lending activities in four main areas: Residential Mortgage Lending, Commercial Lending and Leasing, Commercial Real Estate Lending, Construction Lending. Residential mortgage loans include both fixed and adjustable-rate loans primarily secured by single-family, owner-occupied residences in Hawaii. Loans in Commercial Lending and Leasing category consist primarily of term loans, lines of credit and equipment leases to small and middle-market businesses and professionals in the state of Hawaii. Loans in Commercial Real Estate Lending category consist of loans secured by commercial real estate, including but not limited to, structures and facilities to support activities designated as industrial, warehouse, general office, retail, health care, religious and multi-family dwellings. Construction lending encompasses the financing of residential and commercial construction projects. Similar to commercial real estate lending, construction projects are subject to a high degree of credit risk given the long delivery time frames for projects. The Company competes for loans, deposits and customers with other commercial banks, savings banks, securities and brokerage companies, mortgage companies, insurance companies, finance companies, credit unions and other nonbank financial service providers. As a bank holding company, the Company is regulated under the Bank Holding Company Act of 1956, and is subject to inspection, examination and supervision by the Federal Reserve System.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.