Here's Why Central Pacific (CPF) Stock is Worth Betting on
CPFCentral Pacific Financial (CPF) ZACKS·2024-06-03 23:01

Central Pacific Financial Corp. (CPF) is well-positioned for growth given the continued emphasis on balance sheet optimization, strong liquidity and capital base. Moreover, a decent loan pipeline and swap initiatives are likely to offer further support. Analysts are also optimistic about the stock’s earnings growth potential. Over the past 60 days, the Zacks Consensus Estimate for 2024 and 2025 earnings has moved 1% and 5.4% upward, respectively. CPF currently carries a Zacks Rank #2 (Buy). Over the past si ...