Central Pacific Financial Corp. (CPF) Balance Sheet
CPF balance sheet, 2025
December 31, 2025 · U.S. dollars$7.41B assets = $6.82B liabilities + $592.6M equity
Both columns are drawn to the same scale: what CPF owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CPF financial health
Descriptive bands, not a rating. Fiscal 2025.
CPF balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $5.38B2016 | $7.41B2025 | +3.6%/yr | |
| Total liabilities | $4.88B2016 | $6.82B2025 | +3.8%/yr | |
| Shareholders’ equity | $504.6M2016 | $592.6M2025 | +1.8%/yr | |
| Cash & short-term investments | $1.33B2016 | $910.6M2025 | −4.1%/yr | |
| Total debt | $227.8M2016 | $102.1M2025 | −8.5%/yr | |
| Net cash (debt) | $1.10B2016 | $808.5M2025 | −$291.9M | |
| Working capital | −$3.40B2016 | −$5.68B2025 | −$2.3B | |
| Book value per share | $16.162016 | $22.092025 | +3.5%/yr | |
| Debt / equity | 0.452016 | 0.172025 | −0.28 | |
| Shares outstanding | 31.2M2016 | 26.8M2025 | −1.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CPF assets
CPF liabilities and equity
CPF debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CPF balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $910.6M | $924.8M | $1.17B | $783.8M | $1.96B | $1.29B | $1.23B | $1.31B | $1.39B | $1.33B |
| Cash & equivalents | $378.7M | $380.9M | $522.4M | $112.0M | $328.9M | $104.1M | $103.0M | $102.2M | $82.3M | $84.3M |
| Short-term investments | $532.0M | $543.9M | $647.2M | $671.8M | $1.63B | $1.18B | $1.13B | $1.21B | $1.30B | $1.24B |
| Receivables | $23.6M | $23.4M | $21.5M | $20.3M | $16.7M | $20.2M | $16.5M | $17.0M | $16.6M | $15.7M |
| Inventory | $0 | $0 | −$784.9M | −$132.4M | −$345.6M | −$124.3M | −$119.6M | $414,000 | $851,000 | $791,000 |
| Other current assets | $0 | $0 | $784.9M | $132.4M | $345.6M | $124.3M | $119.6M | $0 | $0 | $0 |
| Total current assets | $934.2M | $948.2M | $1.19B | $804.2M | $1.98B | $1.31B | $1.25B | $1.32B | $1.40B | $1.34B |
| Property, plant & equipment (net) | $125.4M | $135.2M | $125.9M | $126.6M | $119.8M | $111.1M | $98.7M | $45.3M | $48.3M | $48.3M |
| Goodwill & intangible assets | $8.7M | $8.5M | $8.7M | $9.1M | $9.7M | $11.9M | $14.7M | $15.6M | $17.8M | $20.5M |
| Long-term investments | $1.37B | $1.39B | $1.32B | $1.38B | $1.66B | $4.91B | $4.42B | $1.37B | $1.50B | $1.47B |
| Other non-current assets | $4.97B | $4.99B | $5.00B | $5.11B | $3.65B | $253.9M | $234.1M | $3.05B | $2.65B | $2.50B |
| Total assets | $7.41B | $7.47B | $7.64B | $7.43B | $7.42B | $6.59B | $6.01B | $5.81B | $5.62B | $5.38B |
| Liabilities | ||||||||||
| Accounts payable | $7.1M | $10.1M | $18.9M | $4.7M | $6.64B | $5.80B | $5.12B | $4.95B | $4.96B | $4.61B |
| Short-term debt | $25.5M | — | $3.1M | $5.0M | $4.4M | $22.0M | $150.0M | $197.0M | $32.0M | $135.0M |
| Deferred revenue | — | — | −$3.1M | $261,000 | — | — | — | — | — | — |
| Total current liabilities | $6.62B | $6.65B | $6.87B | $6.75B | $6.64B | $5.82B | $5.27B | $5.14B | $4.99B | $4.74B |
| Long-term debt | $76.5M | $106.3M | $106.1M | $105.9M | $105.6M | $105.4M | $101.5M | $122.2M | $92.8M | $92.8M |
| Lease obligations | $25.5M | $32.0M | $30.6M | $35.9M | $40.7M | $47.2M | $52.6M | — | — | — |
| Other long-term liabilities | $123.3M | $173.3M | $166.3M | $128.1M | $116.0M | $124.3M | $112.6M | $49.6M | $42.5M | $43.6M |
| Total liabilities | $6.82B | $6.93B | $7.14B | $6.98B | $6.86B | $6.05B | $5.48B | $5.32B | $5.12B | $4.88B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $381.2M | $404.5M | $405.4M | $408.1M | $426.1M | $442.6M | $447.6M | $470.7M | $590.1M | $615.1M |
| Retained earnings (deficit) | $191.4M | $143.3M | $118.0M | $87.4M | $42.0M | −$10.9M | −$19.1M | −$51.7M | −$89.0M | −$108.9M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$87.3M | −$114.4M | −$122.6M | −$144.0M | −$8.0M | $20.1M | $8.4M | −$16.1M | −$1.0M | −$1.5M |
| Minority interest | — | — | — | $0 | $48,000 | $48,000 | — | — | $24,000 | $25,000 |
| Total shareholders' equity | $592.6M | $538.4M | $503.8M | $452.9M | $558.2M | $546.7M | $528.5M | $491.7M | $500.0M | $504.6M |
| Key figures | ||||||||||
| Total debt | $102.1M | $188.4M | $186.7M | $146.7M | $146.3M | $174.6M | $304.2M | $319.2M | $124.8M | $227.8M |
| Net cash (debt) | $808.5M | $736.4M | $982.9M | $637.1M | $1.81B | $1.11B | $925.8M | $988.5M | $1.26B | $1.10B |
| Working capital | −$5.68B | −$5.71B | −$5.68B | −$5.94B | −$4.66B | −$4.51B | −$4.02B | −$3.82B | −$3.59B | −$3.40B |
| Tangible book value | $583.9M | $529.9M | $495.1M | $443.8M | $548.5M | $534.8M | $513.8M | $476.1M | $482.2M | $484.2M |
| Book value per share | $22.09 | $19.80 | $18.60 | $16.43 | $19.76 | $19.40 | $18.43 | $16.61 | $16.32 | $16.16 |
| Shares outstanding | 26.8M | 27.2M | 27.1M | 27.6M | 28.3M | 28.2M | 28.7M | 29.6M | 30.6M | 31.2M |
| Current ratio | 0.14 | 0.14 | 0.17 | 0.12 | 0.30 | 0.22 | 0.24 | 0.26 | 0.28 | 0.28 |
| Quick ratio | 0.14 | 0.14 | 0.17 | 0.12 | 0.30 | 0.22 | 0.24 | 0.26 | 0.28 | 0.28 |
| Debt / equity | 0.17 | 0.35 | 0.37 | 0.32 | 0.26 | 0.32 | 0.58 | 0.65 | 0.25 | 0.45 |
| Equity / assets | 8.0% | 7.2% | 6.6% | 6.1% | 7.5% | 8.3% | 8.8% | 8.5% | 8.9% | 9.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.76B | $893.7M | $910.6M | $314.0M | $321.3M | $839.2M | $924.8M | $1.05B | $975.6M | $973.7M | $1.17B | $1.06B |
| Cash & equivalents | $383.3M | $406.6M | $378.7M | $309.9M | $317.0M | $276.9M | $380.9M | $326.6M | $298.9M | $312.9M | $522.4M | $438.7M |
| Short-term investments | $1.38B | $487.1M | $532.0M | $4.1M | $4.3M | $562.3M | $543.9M | $723.5M | $676.7M | $660.8M | $647.2M | $625.3M |
| Receivables | $23.4M | $24.3M | $23.6M | $25.2M | $23.5M | $24.7M | $23.4M | $23.9M | $23.2M | $22.0M | $21.5M | $21.5M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $23.9M | −$803.7M | −$334.8M | −$784.9M | −$460.3M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $803.7M | $334.8M | $784.9M | $460.3M |
| Total current assets | $1.79B | $918.0M | $934.2M | $339.2M | $344.8M | $864.0M | $948.2M | $1.07B | $998.8M | $995.7M | $1.19B | $1.09B |
| Property, plant & equipment (net) | $123.5M | $124.3M | $125.4M | $126.6M | $134.3M | $133.3M | $135.2M | $136.8M | $132.7M | $129.8M | $125.9M | $129.7M |
| Goodwill & intangible assets | $8.4M | $8.5M | $8.7M | $8.5M | $8.4M | $8.4M | $8.5M | $8.5M | $8.6M | $8.6M | $8.7M | $8.8M |
| Long-term investments | $1.33B | $1.39B | $1.37B | $1.38B | $1.40B | $1.42B | $1.39B | $1.38B | $1.33B | $1.33B | $1.32B | $1.31B |
| Other non-current assets | $4.25B | $5.05B | $4.97B | $5.56B | $5.49B | $4.98B | $4.99B | $4.81B | $4.91B | $4.95B | $5.00B | $5.11B |
| Total assets | $7.50B | $7.50B | $7.41B | $7.42B | $7.37B | $7.41B | $7.47B | $7.42B | $7.39B | $7.41B | $7.64B | $7.64B |
| Liabilities | ||||||||||||
| Accounts payable | $6.0M | $6.4M | $7.1M | $8.6M | $8.8M | $8.8M | $10.1M | $13.0M | $15.0M | $16.7M | $18.9M | $6.87B |
| Short-term debt | $24.1M | $25.1M | $25.5M | $26.3M | $5.9M | $6.8M | $3.8M | $5.0M | $5.1M | $3.1M | $3.1M | $852,000 |
| Deferred revenue | — | — | — | — | — | — | — | — | −$15.0M | — | −$3.1M | — |
| Total current liabilities | $6.72B | $6.71B | $6.62B | $6.59B | $6.55B | $6.60B | $6.65B | $6.60B | $6.60B | $6.64B | $6.87B | $6.87B |
| Long-term debt | $76.5M | $76.5M | $76.5M | $106.5M | $131.5M | $106.4M | $106.3M | $106.3M | $156.2M | $156.2M | $156.1M | $156.0M |
| Lease obligations | $24.1M | $25.1M | $25.5M | $26.3M | $32.0M | $31.1M | $32.0M | $33.8M | $33.4M | $33.2M | $30.6M | $33.2M |
| Other long-term liabilities | $102.3M | $119.2M | $123.3M | $140.6M | $115.5M | $136.7M | $173.3M | $169.4M | $114.6M | $111.1M | $116.3M | $138.5M |
| Total liabilities | $6.90B | $6.90B | $6.82B | $6.83B | $6.80B | $6.85B | $6.93B | $6.87B | $6.87B | $6.90B | $7.14B | $7.17B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $359.4M | $370.6M | $381.2M | $397.5M | $399.8M | $402.4M | $404.5M | $404.5M | $404.5M | $404.5M | $405.4M | $405.4M |
| Retained earnings (deficit) | $217.8M | $204.5M | $191.4M | $176.0M | $164.7M | $153.7M | $143.3M | $139.0M | $132.7M | $123.9M | $118.0M | $110.2M |
| Accumulated other comprehensive income | −$88.4M | −$87.7M | −$87.3M | −$92.1M | −$101.7M | −$103.6M | −$114.4M | −$104.5M | −$122.7M | −$124.3M | −$122.6M | −$149.5M |
| Total shareholders' equity | $596.3M | $593.9M | $592.6M | $588.1M | $568.9M | $557.4M | $538.4M | $543.7M | $518.6M | $507.2M | $503.8M | $468.6M |
| Key figures | ||||||||||||
| Total debt | $100.6M | $101.6M | $102.1M | $157.8M | $163.4M | $162.5M | $188.4M | $190.1M | $189.6M | $189.3M | $186.7M | $189.2M |
| Net cash (debt) | $1.66B | $792.1M | $808.5M | $156.1M | $157.8M | $676.7M | $736.4M | $859.9M | $786.0M | $784.4M | $982.9M | $874.8M |
| Working capital | −$4.93B | −$5.79B | −$5.68B | −$6.25B | −$6.21B | −$5.74B | −$5.71B | −$5.52B | −$5.60B | −$5.64B | −$5.68B | −$5.79B |
| Tangible book value | $588.0M | $585.4M | $583.9M | $579.6M | $560.4M | $549.0M | $529.9M | $535.2M | $510.0M | $498.6M | $495.1M | $459.8M |
| Book value per share | $22.71 | $22.48 | $22.09 | $21.68 | $20.96 | $20.48 | $19.80 | $19.99 | $19.13 | $18.72 | $18.59 | $17.30 |
| Shares outstanding | 26.3M | 26.4M | 26.8M | 27.1M | 27.1M | 27.2M | 27.2M | 27.2M | 27.1M | 27.1M | 27.1M | 27.1M |
| Current ratio | 0.27 | 0.14 | 0.14 | 0.05 | 0.05 | 0.13 | 0.14 | 0.16 | 0.15 | 0.15 | 0.17 | 0.16 |
| Quick ratio | 0.27 | 0.14 | 0.14 | 0.05 | 0.05 | 0.13 | 0.14 | 0.16 | 0.15 | 0.15 | 0.17 | 0.16 |
| Debt / equity | 0.17 | 0.17 | 0.17 | 0.27 | 0.29 | 0.29 | 0.35 | 0.35 | 0.37 | 0.37 | 0.37 | 0.40 |
| Equity / assets | 7.9% | 7.9% | 8.0% | 7.9% | 7.7% | 7.5% | 7.2% | 7.3% | 7.0% | 6.8% | 6.6% | 6.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
CPF financial position
At the end of fiscal 2025 (December 31, 2025), Central Pacific Financial had total assets of $7.4 billion (down 0.8% from a year earlier), total liabilities of $6.8 billion and shareholders' equity of $592.6 million. It held $910.6 million in cash and short-term investments against $102.1 million of debt, a net cash position of $808.5 million. Its current ratio was 0.14. In the latest quarter (ended June 30, 2026) total assets were $7.5 billion and equity $596.3 million.
Related: CPF income statement, CPF cash flow statement, CPF key metrics. See the CPF stock overview for the latest quote and news.
CPF balance sheet FAQ
What are Central Pacific Financial's total assets?
Central Pacific Financial reported total assets of $7.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $7.5 billion a year earlier.
How much debt does Central Pacific Financial have?
Central Pacific Financial had $102.1 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.17.
How much cash does Central Pacific Financial have?
Central Pacific Financial held $910.6 million in cash and short-term investments at the end of fiscal 2025; with $102.1 million of debt that is net cash of $808.5 million.
What is Central Pacific Financial's book value?
Central Pacific Financial's shareholders' equity (book value) was $592.6 million at the end of fiscal 2025, or $22.09 per share.
What is Central Pacific Financial's current ratio?
Central Pacific Financial had current assets of $934.2 million and current liabilities of $6.6 billion, a current ratio of 0.14 (current liabilities exceed current assets).
How much goodwill does Central Pacific Financial have?
Central Pacific Financial carried $8.7 million of goodwill and intangible assets, 0.1% of total assets, at the end of fiscal 2025.