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Local Business Leader Dr. Diane Paloma Named to the Central Pacific Financial Corp. and Central Pacific Bank Board of Directors

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Recent Analyst Ratings for
$CPF

DatePrice TargetRatingAnalyst
10/6/2022Outperform → Mkt Perform
Raymond James
1/27/2022$31.00 → $30.00Buy → Neutral
Compass Point
1/27/2022$29.00 → $33.00Outperform
Raymond James
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  • Central Pacific Financial Corp. Promotes David Morimoto to Chief Operating Officer and Dayna Matsumoto to Chief Financial Officer

    Arnold Martines, Chairman, President, and Chief Executive Officer, today announced the following executive appointments for Central Pacific Financial Corp. (CPF) and Central Pacific Bank (CPB) to be effective March 1, 2025: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250227667564/en/David Morimoto (Photo: Business Wire) David Morimoto is being promoted to Vice Chair and Chief Operating Officer. Dayna Matsumoto is being promoted to Executive Vice President and Chief Financial Officer. "In addition to recognizing the valuable contributions of David and Dayna, their appointments are designed to align our executive team to

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  • Central Pacific Financial Reports Fourth Quarter and Full Year 2024 Earnings

    Highlights include: Net income of $11.3 million, or $0.42 per diluted share for the fourth quarter of 2024 and $53.4 million, or $1.97 per diluted share for the full year 2024 Completed investment securities portfolio repositioning which resulted in a pre-tax loss of $9.9 million in the fourth quarter of 2024, and is estimated to improve annual net interest income by $2.7 million beginning in 2025 Adjusted net income (non-GAAP) of $19.0 million, or $0.70 per diluted share for the fourth quarter of 2024 and $63.4 million and $2.34 per diluted share for the full year 2024, which excludes pre-tax items totaling $9.9 million and $13.0 million in the fourth quarter and full year 2024, r

    $CPF
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  • Local Business Leader Dr. Diane Paloma Named to the Central Pacific Financial Corp. and Central Pacific Bank Board of Directors

    Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank (CPB), today announced the appointment of local business leader Diane Paloma, PhD to the Board of Directors of both CPF and CPB, effective January 28, 2025. The announcement was made by Arnold Martines, Chairman, President, and CEO of both Boards. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250128289746/en/Diane Paloma, PhD (Photo courtesy: Central Pacific Financial Corp.) Dr. Paloma is currently President and CEO of Hawaii Dental Service (HDS) which offers dental plans to individuals, families, small businesses, and large corporations. Dr. P

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  • Local Business Leader Dr. Diane Paloma Named to the Central Pacific Financial Corp. and Central Pacific Bank Board of Directors

    Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank (CPB), today announced the appointment of local business leader Diane Paloma, PhD to the Board of Directors of both CPF and CPB, effective January 28, 2025. The announcement was made by Arnold Martines, Chairman, President, and CEO of both Boards. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250128289746/en/Diane Paloma, PhD (Photo courtesy: Central Pacific Financial Corp.) Dr. Paloma is currently President and CEO of Hawaii Dental Service (HDS) which offers dental plans to individuals, families, small businesses, and large corporations. Dr. P

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    Major Banks
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  • Veteran Banker Ralph Mesick Joins CPB as Senior Executive Vice President and Chief Risk Officer

    Ralph Mesick, a veteran Hawaii banker with nearly 40 years of financial services experience, has joined Central Pacific Bank (CPB) as its Senior Executive Vice President and Chief Risk Officer, according to an announcement today by Arnold Martines, CPB chairman, president, and chief executive officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240903419404/en/Ralph Mesick. Photo courtesy: Central Pacific Bank "We want to be sure we are prepared for the increase in regulatory oversight the banking industry is currently going through," said Martines. "Ralph will play a key role in helping us successfully manage the changing re

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  • Maui Land & Pineapple Company appoints new board members to support next chapter of growth

    MAUI, Hawaii, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) announced the appointment of two new Independent Directors to its Board, effective January 1, 2024: Catherine Ngo, a seasoned leader at the intersection of finance, technology, and law; and Maui native Ken Ota, a successful local entrepreneur with over 30 years of experience in the construction industry and water infrastructure. "Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors. We look forward to their thoughtful guidance as we chart the course for a future of growth," said Race Randle, CEO of Maui Land & Pineapple Company. "Their e

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  • Central Pacific Financial Corp. Promotes David Morimoto to Chief Operating Officer and Dayna Matsumoto to Chief Financial Officer

    Arnold Martines, Chairman, President, and Chief Executive Officer, today announced the following executive appointments for Central Pacific Financial Corp. (CPF) and Central Pacific Bank (CPB) to be effective March 1, 2025: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250227667564/en/David Morimoto (Photo: Business Wire) David Morimoto is being promoted to Vice Chair and Chief Operating Officer. Dayna Matsumoto is being promoted to Executive Vice President and Chief Financial Officer. "In addition to recognizing the valuable contributions of David and Dayna, their appointments are designed to align our executive team to

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    Major Banks
    Finance

  • Central Pacific Financial Reports Fourth Quarter and Full Year 2024 Earnings

    Highlights include: Net income of $11.3 million, or $0.42 per diluted share for the fourth quarter of 2024 and $53.4 million, or $1.97 per diluted share for the full year 2024 Completed investment securities portfolio repositioning which resulted in a pre-tax loss of $9.9 million in the fourth quarter of 2024, and is estimated to improve annual net interest income by $2.7 million beginning in 2025 Adjusted net income (non-GAAP) of $19.0 million, or $0.70 per diluted share for the fourth quarter of 2024 and $63.4 million and $2.34 per diluted share for the full year 2024, which excludes pre-tax items totaling $9.9 million and $13.0 million in the fourth quarter and full year 2024, r

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  • Central Pacific Financial Corp. Announces Conference Call to Discuss Fourth Quarter 2024 Financial Results

    Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its fourth quarter 2024 earnings on January 29, 2025, before the open of the New York Stock Exchange. Management will review the results by conference call and live audio webcast beginning at 1:00 p.m. Eastern Time (8:00 a.m. Hawaii Time) on January 29, 2025. Interested parties may listen to the conference by calling 1-800-715-9871 (conference ID: 6299769), or by listening to the webcast on the company's investor relations website at http://ir.cpb.bank. A replay of the call will be available through February 28, 2025 by dialing 1-800-770-2030 (conference ID: 6299769) and on the company's websi

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