HONOLULU, Dec. 15 /PRNewswire-FirstCall/ -- Central Pacific Financial
Corp. (NYSE: CPF), parent company of Central Pacific Bank, announces the
establishment of the Central Pacific Financial Corp. Direct Purchase and
Dividend Reinvestment Plan. The Plan provides a convenient and economical
method for our shareholders to increase their holdings of Central Pacific
Financial Corp. common stock and for new investors to make an initial
investment in Central Pacific Financial Corp. common stock.
For more information visit www.wellsfargo.com/shareownerservices or
contact Wells Fargo Shareowner Services, the Plan Administrator, at
1-800-468-9716. Plan enrollment materials and plan information will soon be
distributed to shareholders of record.
This is neither an offer to sell nor solicitation of an offer to buy
securities of Central Pacific Financial Corp.
Central Pacific Financial Corp. is the fourth largest financial
institution in Hawaii with more than $5.0 billion in assets. Central Pacific
Bank, its primary subsidiary, operates 38 branch offices and more than 90 ATMs
throughout Hawaii. For additional information, please visit our website at
http://www.centralpacificbank.com.
Forward-Looking Statements
This document may contain forward-looking statements concerning
projections of revenues, income, earnings per share, capital expenditures,
dividends, capital structure, or other financial items, concerning plans and
objectives of management for future operations, concerning future economic
performance, or concerning any of the assumptions underlying or relating to
any of the foregoing. Forward-looking statements can be identified by the
fact that they do not relate strictly to historical or current facts, and may
include the words "believes", "plans", "intends", "expects", "anticipates",
"forecasts" or words of similar meaning. While we believe that our
forward-looking statements and the assumptions underlying them are reasonably
based, such statements and assumptions, are by their nature subject to risks
and uncertainties, and thus could later prove to be inaccurate or incorrect.
Accordingly, actual results could materially differ from projections for a
variety of reasons, to include, but not limited to: the impact of local,
national, and international economies and events, including natural disasters,
on the company's business and operations and on tourism, the military, and
other major industries operating within the Hawaii market; the impact of
legislation affecting the banking industry; the impact of competitive
products, services, pricing, and other competitive forces; movements in
interest rates; loan delinquency rates and changes in asset quality generally;
and trading of the company's stock. For further information on factors which
could cause actual results to materially differ from projections, please see
the Company's publicly available Securities and Exchange Commission filings,
including the Company's Form 10-K for the last fiscal year. The Company does
not update any of its forward-looking statements.
SOURCE Central Pacific Financial Corp.
Contact: Investors, David Morimoto, SVP & Treasurer, +1-808-544-0627, investor@centralpacificbank.com, or Media, Ann Takiguchi Marcos, VP & PR/Communications Manager, +1-808-544-0685, ann.takiguchi@centralpacificbank.com, both of Central Pacific Financial Corp.