Central Pacific Financial

CPF

Central Pacific Bank is an American regional commercial bank headquartered in Honolulu, Hawaii. It was founded by Koichi Iida, a Honolulu business leader, with assistance from Sumitomo Bank in Japan. Mr. Iida was President from 1954 to 1960. It is the main subsidiary of Central Pacific Financial Corporation (NYSE: CPF). The bank is the fourth-largest financial institution in Hawaii, with $5.98 billion in assets as of September 30, 2019.

Central Pacific Financial has been a target of short sellers for a while. The current short interest of 3.47% is roughly at the average of the last 12 months (2.19%).