Stock fact sheet · data as of
Central Pacific Financial Corp. (CPF): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · Value
Is CPF undervalued?
Central Pacific Financial Corp. (CPF) closed at 36.10 on 16 Oct 2026. The GLS average fair value - the simple average of the 9 valuation models that produced a positive number - is 45.89, so the price sits 21% below it. 5 of the 9 models value the shares above the current price. A margin of safety between 10% and 30% is where most of the Sunday Scan candidates come from.
There is a wide gap between GLS Growth (15.53) and 10 Cap (94.59). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files CPF under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for CPF
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 38.51 | +7% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 40.59 | +12% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 70.34 | +95% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 22.40 | -38% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 15.53 | -57% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 94.59 | +162% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 78.48 | +117% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 17.07 | -53% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 35.47 | -2% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -228.47 | -733% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 38.00 | +5% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Central Pacific Financial Corp. scores 7 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. On durability CPF scores 5.8/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are moderate - ROIC 11.2%, ROE 13.1%, ROA 1.0% - with debt at 0.17 times equity and a free-cash-flow yield of 10.6%.
The dividend yield is 3.21% at a payout ratio of 36%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Other Service Charges and Fees 43%, Income from Bank owned Life Insurance 21%, Service Charges on Deposit Accounts 15% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 11.2% |
|---|---|---|---|
| GLS Moat | 5.8 / 10 | ROE | 13.1% |
| Debt / equity | 0.17 | ROA | 1.0% |
| Free-cash-flow yield | 10.6% | Payout ratio | 36% |
| Institutions | 10 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 75: Good
With a Wheel Score of 75 - the Good band - Central Pacific Financial Corp. clears the Sunday Scan's "70 or higher" rule. The parts: Value 21/25, Health 16/20, Moat 9/15, Premium 20/20, Stability 9/20; Stability (9/20) scores lowest.
Implied volatility is 36% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 543 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 184k shares a day on a market cap of $929M, with a beta of 0.85; the Stability part of the Wheel Score gives that 9 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 21 / 25 | 21% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 9 / 15 | moat 5.8/10 | |
| Premium | 20 / 20 | implied volatility 36% | |
| Stability | 9 / 20 | 184k shares/day, $929M cap, beta 0.85 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Central Pacific Financial Corp. reports earnings on 28 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to Central Pacific Financial Corp. by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| HAFC Hanmi Financial Corporation | 30.94 | 54.12 | +43% | 79Good | $917M |
| TRST TrustCo Bank Corp NY | 53.87 | 44.21 | -22% | 53Fair | $917M |
| CAC Camden National Corp. | 55.87 | 75.95 | +26% | 74Good | $944M |
| NBBK NB Bancorp, Inc. Common Stock | 22.37 | 59.58 | +62% | 72Good | $913M |
| MPB Mid Penn Bancorp, Inc. | 35.97 | 51.18 | +30% | 78Good | $911M |
| FCBC First Community Bankshares, Inc. | 48.19 | 38.24 | -26% | 47Weak | $911M |
| SBSI Southside Bancshares, Inc. | 30.22 | 39.38 | +23% | 74Good | $901M |
| FMNB Farmers National Banc Corp. | 15.20 | 20.95 | +27% | 76Good | $901M |
| EQBK Equity Bancshares, Inc. | 46.68 | 58.58 | +20% | 65Good | $961M |
| HBNC Horizon Bancorp, Inc. | 19.33 | 14.53 | -33% | 45Weak | $992M |
| FMCB Farmers & Merchants Bancorp | 1,435.00 | 2,561.57 | +44% | 39No options | $993M |
| THFF First Financial Corporation | 73.01 | 103.28 | +29% | 75Good | $868M |
⚖ Compare CPF with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about CPF
Is CPF undervalued right now?
By the GLS models, moderately: at 36.10 the stock trades 21% below the average fair value of 45.89 (data as of 16 Oct 2026).
What is the Wheel Score of CPF and what does it mean?
CPF scores 75 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for CPF?
45.89 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Central Pacific Financial Corp. report earnings next?
The next earnings report is due on 28 Oct 2026 (before the open), 12 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does CPF have listed options, and how liquid are they?
Yes. The nightly snapshot found 92 listed contracts with 543 open interest across all expiries and implied volatility of 36% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.