CPF - Earnings announcements

First Quarter Highlights: Net income of $20.7 million, or $0.78 per diluted share Return on average assets of 1.12% and return on average equity of 13.90% Net interest margin of 3.53% and efficiency ratio of 59.87% Total loans of $5.32 billion, increased by $31.3 million from the prior quarter Total deposits of $6.70 billion, increased by $89.6 million from the prior quarter Repurchased 321,396 shares of common stock at a total cost of $10.5 million during the quarter Other Highlights: CPF Board of Directors approved a second quarter cash dividend of $0.29 per share Central Pacific Bank was named the U.S. Small Business Administration (SBA) Lender of the Year in H

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its first quarter 2026 earnings on April 29, 2026, before the open of the New York Stock Exchange. Management will review the results by conference call and live audio webcast beginning at 2:00 p.m. Eastern Time (8:00 a.m. Hawaii Time) on April 29, 2026. Interested parties may listen to the conference by calling 1-800-715-9871 (conference ID: 6299769), or by registering for the webcast at the following link: https://events.q4inc.com/attendee/325405077. The Company's investor relations website, https://ir.cpb.bank, will also include a link to the webcast and a slide presentation. A replay of

Fourth Quarter and Full Year 2025 Highlights: Net income of $22.9 million, or $0.85 per diluted share for the quarter; net income of $77.5 million, or $2.86 per diluted share for the year. Return on average assets (ROA) of 1.25% for the quarter; ROA of 1.06% for the year. Return on average equity (ROE) of 15.41% for the quarter; ROE of 13.62% for the year. Efficiency ratio improved to 59.88%, compared to 62.84% in the prior quarter; 61.05% for the year. Net interest margin (NIM) of 3.56%, up 7 bps from the prior quarter; NIM of 3.45% for the year. Repurchased 529,613 shares of common stock at a total cost of $16.3 million during the quarter; 788,261 shares at $23.3 million

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its fourth quarter 2025 earnings on January 28, 2026, 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 28, 2026. Interested parties may listen to the conference by calling 1-800-715-9871 (conference ID: 6299769), or by registering for the webcast at the following link: https://events.q4inc.com/attendee/865518779. The Company's investor relations website, https://ir.cpb.bank, will also include a link to the webcast and a slide presentation. A repla

3rd Quarter Highlights: Net income of $18.6 million, or $0.69 per diluted share. Adjusted net income (non-GAAP), excluding $1.5 million in pre-tax expenses related to the consolidation of the Company's operations center, was $19.7 million, or $0.73 per diluted share. Return on average assets of 1.01%; return on average equity of 12.89% Net interest margin of 3.49%, increased by 5 bps from 3.44% in the prior quarter Total loans of $5.37 billion, increased by $77.4 million from the prior quarter Total deposits of $6.58 billion, increased by $32.7 million from the prior quarter Repurchased 78,255 shares of common stock at a total cost of $2.3 million during the quarter, an

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its third quarter 2025 earnings on October 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 2:00 p.m. Eastern Time (8:00 a.m. Hawaii Time) on October 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 November 28, 2025 by dialing 1-800-770-2030 (conference ID: 6299769) and on the company's websit

Highlights include: Net income of $18.3 million, or $0.67 per diluted share Return on average assets of 1.00% and return on average equity of 13.04% Efficiency ratio improved to 60.36% Net interest margin of 3.44% increased by 13 bps from 3.31% in the previous quarter Total risk-based capital and common equity tier 1 ratios of 15.8% and 12.6%, respectively The CPF Board of Directors approved a quarterly cash dividend of $0.27 per share CPB was named Best Bank In Hawaii by Forbes Magazine in 2025. This is the fourth consecutive year the Bank has made the Forbes list. Central Pacific Financial Corp. (NYSE:CPF) (the "Company"), parent company of Central Pacific Bank (th

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its second quarter 2025 earnings on July 25, 2025, before the open of the New York Stock Exchange. Management will review the results by conference call and live audio webcast beginning at 2:00 p.m. Eastern Time (8:00 a.m. Hawaii Time) on July 25, 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 August 24, 2025 by dialing 1-800-770-2030 (conference ID: 6299769) and on the company's website. Ab

Highlights include: Net income of $17.8 million, or $0.65 per diluted share Return on average assets of 0.96% and return on average equity of 13.04% Efficiency ratio improved to 61.16% Net interest margin of 3.31% increased by 14 bps from 3.17% in the previous quarter Total loans of $5.33 billion increased by $1.7 million from the previous quarter Total deposits of $6.60 billion decreased by $48.0 million from the previous quarter. Core deposits of $5.98 billion decreased by $64.6 million from the previous quarter. Total risk-based capital and common equity tier 1 ratios of 15.6% and 12.4%, respectively The CPF Board of Directors approved a quarterly cash dividend of $0.27 p

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its first quarter 2025 earnings on April 23, 2025, before the open of the New York Stock Exchange. Management will review the results by conference call and live audio webcast beginning at 2:00 p.m. Eastern Time (8:00 a.m. Hawaii Time) on April 23, 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 May 23, 2025 by dialing 1-800-770-2030 (conference ID: 6299769) and on the company's website. About

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

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

Highlights include: Net income of $13.3 million, or $0.49 per diluted share. Excluding $3.1 million in pre-tax expenses related to a strategic opportunity, adjusted net income (non-GAAP) was $15.7 million, or $0.58 per diluted share. Net interest margin of 3.07% increased by 10 bps from 2.97% in the previous quarter Total loans of $5.34 billion decreased by $41.0 million from the previous quarter Core deposits of $5.97 billion increased by $53.9 million from the previous quarter. Total deposits of $6.58 billion increased by $0.6 million from the previous quarter, which included a decrease in government time deposits of $69.1 million. Total risk-based capital and common equity tier

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its third quarter 2024 earnings on October 30, 2024, 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 (7:00 a.m. Hawaii Time) on October 30, 2024. 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 November 29, 2024 by dialing 1-800-770-2030 (conference ID: 6299769) and on the company's website

Highlights include: Net income of $15.8 million, or $0.58 per diluted share, an increase of 22.2% compared to the $12.9 million earned in the previous quarter Net interest margin of 2.97% increased by 14 bps from 2.83% in the previous quarter Total loans of $5.38 billion decreased by $17.8 million from the previous quarter Core deposits of $5.91 billion increased by $16.7 million from the previous quarter. Total deposits of $6.58 billion decreased by $36.4 million from the previous quarter, which included a decrease in government time deposits of $41.6 million. Net charge-offs of $3.8 million decreased by $0.8 million from the previous quarter Total risk-based capital and

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its second quarter 2024 earnings on July 31, 2024, 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 (7:00 a.m. Hawaii Time) on July 31, 2024. Interested parties may listen to the conference by calling 1-800-715-9871 (conference ID: 9836028), 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 August 30, 2024 by dialing 1-800-770-2030 (conference ID: 9836028) and on the company's website. Ab

Highlights include: Net income of $12.9 million, or $0.48 per diluted share NIM of 2.83% compared to 2.84% in the previous quarter and 3.08% a year ago Total loans of $5.40 billion decreased by $37.6 million from the previous quarter Total deposits of $6.62 billion decreased by $228.7 million from the previous quarter, which included a decrease in government time deposits of $139.1 million Total risk-based capital and common equity tier 1 ratios of 14.8% and 11.6%, respectively Board of Directors approved quarterly cash dividend of $0.26 per share Central Pacific Financial Corp. (NYSE:CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), to

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its first quarter 2024 earnings on April 24, 2024, 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 (7:00 a.m. Hawaii Time) on April 24, 2024. Interested parties may listen to the conference by calling 1-800-715-9871 (conference ID: 1551295), 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 May 24, 2024 by dialing 1-800-770-2030 (conference ID: 1551295) and on the company's website. Abou

Highlights Included: Net income of $14.9 million, or $0.55 per diluted share for the fourth quarter. ROA of 0.79%, ROE of 12.55% and NIM of 2.84% for the fourth quarter. Net income of $58.7 million, or $2.17 per diluted share for the 2023 year. ROA of 0.78%, ROE of 12.38% and NIM of 2.94% for the 2023 year. Completed balance sheet repositioning including the sale of an office real estate property, branch lease termination and investment securities portfolio restructuring, resulting in a net $0.9 million pre-tax gain in the fourth quarter, and a total estimated annual positive impact to future pre-tax income of $2.0 million. Board of Directors approved quarterly cash divide

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its fourth quarter 2023 earnings on January 31, 2024, before the open of the New York Stock Exchange. Management will review the results by conference call and live audio webcast beginning at 1 p.m. Eastern Time (8 a.m. Hawaii Time) on January 31, 2024. Interested parties may listen to the conference by calling 1-888-510-2553 (conference ID: 9816541), 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 March 1, 2024 by dialing 1-800-770-2030 (conference ID: 9816541) and on the company's website. Abou

Net income of $13.1 million, or $0.49 per diluted share for the quarter. ROA of 0.70%, ROE of 10.95% and NIM of 2.88% for the quarter. Total loans of $5.51 billion decreased by $12.0 million in the third quarter. Ratio of nonperforming assets to total assets of 0.09% at September 30, 2023. Total deposits of $6.87 billion increased by $69.0 million in the third quarter. Total deposit cost was 1.08% in the third quarter. Solid liquidity position with $438.7 million in cash on balance sheet and $2.47 billion in total other liquidity sources, including available borrowing capacity and unpledged investment securities at September 30, 2023. Ratio of total available sources of l

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its third quarter 2023 earnings on October 25, 2023, 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 (7:00 a.m. Hawaii Time) on October 25, 2023. Interested parties may listen to the conference by calling 1-888-510-2553 (conference ID: 9816541), 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 November 24, 2023 by dialing 1-800-770-2030 (conference ID: 9816541) and on the company's websit

Net income of $14.5 million, or $0.53 per diluted share for the quarter. ROA of 0.78% and ROE of 12.12% for the quarter. Total loans of $5.52 billion decreased by $36.7 million in the second quarter. Total deposits of $6.81 billion increased by $58.8 million in the second quarter. Core deposits of $5.98 billion increased by $10.1 million, or 0.2% in the second quarter. 65% of total deposits are FDIC-insured or fully collateralized as of June 30, 2023. Solid liquidity position with $311.0 million in cash on balance sheet and $2.71 billion in total other liquidity sources, including available borrowing capacity and unpledged investment securities as of June 30, 2023. Ratio of

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its second quarter 2023 earnings on July 26, 2023, 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 (7:00 a.m. Hawaii Time) on July 26, 2023. Interested parties may listen to the conference by calling 1-888-510-2553 (conference ID: 9816541), 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 August 26, 2023 by dialing 1-800-770-2030 (conference ID: 9816541) and on the company's website. Ab

Net income of $16.2 million, or $0.60 per diluted share for the quarter. ROA of 0.87% and ROE of 13.97% for the quarter. Total loans of $5.56 billion increased by $1.9 million in the first quarter. Total deposits of $6.75 billion increased by $10.7 million in the first quarter. 66% of total deposits are FDIC-insured or fully collateralized as of March 31, 2023. Asset quality remains strong as nonperforming assets totaled $5.3 million, or 0.07% of total assets. Solid liquidity position with $198.8 million in cash on balance sheet and $2.83 billion in total other liquidity sources, including available borrowing capacity plus unpledged investment securities as of March 31,

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its first quarter 2023 earnings on April 26, 2023, before the open of the New York Stock Exchange. Management will review the results by conference call and live audio webcast beginning at 1 p.m. Eastern Time (7 a.m. Hawaii Time) on April 26, 2023. Interested parties may listen to the conference by calling 1-833-470-1428 (access code: 500446), 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 May 26, 2023 by dialing 1-866-813-9403 (access code: 402781) and on the company's website. About Central Pa

Net income of $20.2 million, or $0.74 per diluted share for the fourth quarter. Net income of $73.9 million, or $2.68 per diluted share for the 2022 year. ROA of 1.09% and ROE of 18.30% for the fourth quarter. ROA of 1.01% and ROE of 15.47% for the 2022 year. Total loans of $5.56 billion increased by $133.3 million, or 2.5% (10.0% annualized) in the fourth quarter. Total loans increased by $453.8 million, or 8.9% for the 2022 year. Total deposits of $6.74 billion increased by $179.8 million, or 2.7% (10.8% annualized) in the fourth quarter. Total deposits increased by $97.1 million, or 1.5% for the 2022 year. Net interest income increased by $0.9 million, or 1.7% from the previ

Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its fourth quarter 2022 earnings on January 25, 2023, before the open of the New York Stock Exchange. Management will review the results by conference call and live audio webcast beginning at 1 p.m. Eastern Time (8 a.m. Hawaii Time) on January 25, 2023. Interested parties may listen to the conference by calling 1-844-200-6205 (access code: 274117), 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 24, 2023 by dialing 1-866-813-9403 (access code: 649427) and on the company's website. About Ce

Net income of $16.7 million, or $0.61 per diluted share for the quarter. ROA of 0.91% and ROE of 14.49% for the quarter. Total loans of $5.42 billion increased by $120.6 million, or 2.3% (9.2% annualized) in the third quarter.Net interest income increased by $2.4 million, or 4.5% from the previous quarter. Net interest margin of 3.17% increased by 12 bps from the previous quarter.Board of Directors approved quarterly cash dividend of $0.26 per share.Arnold Martines, current President and Chief Operating Officer announced to succeed Paul Yonamine as Chief Executive Officer, effective January 1, 2023.HONOLULU, Oct. 21, 2022 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE:CPF) (the "Compa

HONOLULU, Oct. 7, 2022 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its third quarter 2022 earnings on October 21, 2022, before the open of the New York Stock Exchange.  Management will review the results by conference call and live audio webcast beginning at 1 p.m. Eastern Time (7 a.m. Hawaii Time) on October 21, 2022. Interested parties may listen to the conference by calling 1-844-200-6205 (access code: 420241), or by listening to the webcast on the company's investor relations website at http://ir.cpb.bank

Net income of $17.6 million, or $0.64 per diluted share for the quarter. ROA of 0.96% and ROE of 14.93% for the quarter. Total loans of $5.30 billion increased by $126.8 million, or 2.5% (10.0% annualized) in the second quarter.Total deposits of $6.62 billion increased by $23.0 million, or 0.3% (1.2% annualized) in the second quarter. Core deposits increased by $34.6 million, or 0.6% (2.4% annualized) in the second quarter.Net interest margin of 3.05% increased by 8 bp from the previous quarter.Central Pacific Bank named the Best Bank in Hawaii by Forbes.Board of Directors approved quarterly cash dividend of $0.26 per share.HONOLULU, July 27, 2022 /PRNewswire/ -- Central Pacific Financial Co

HONOLULU, July 13, 2022 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its second quarter 2022 earnings on July 27, 2022, 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 (7:00 a.m. Hawaii Time) on July 27, 2022. Interested parties may listen to the conference by calling 1-844-200-6205 (access code: 499388), or by listening to the webcast on the company's investor relations website at http://ir.cpb.ba

Net income of $19.4 million, or $0.70 per diluted share for the quarter. ROA of 1.06% and ROE of 14.44% for the quarter. Core loans increased by $120.3 million, or 2.4% (9.6% annualized), in the first quarter, while PPP loans decreased by $47.1 million, for a net increase in total loans of $73.2 million, or 1.4% (5.6% annualized) from last quarter.Ratio of nonperforming assets to total assets improved to 0.07% in the first quarter, from 0.08% last quarter.Cost of average total deposits remained at 0.06% in the first quarter.Completed equity investment and on track to serve as bank sponsor for Swell Financial, as part of the recently announced Banking-as-a-Service ("BaaS") strategy.Board of D

HONOLULU, April 6, 2022 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its first quarter 2022 earnings on April 20, 2022, 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 (7:00 a.m. Hawaii Time) on April 20, 2022. Interested parties may listen to the conference by calling 1-844-200-6205 (access code: 544126), or by listening to the webcast on the company's investor relations website at http://ir.cpb.b

HONOLULU, Jan. 26, 2022 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE:CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank"), today reported record net income for the fourth quarter and the 2021 year. Net income for the quarter was $22.3 million, or fully diluted earnings per share ("EPS") of $0.80, compared to net income in the fourth quarter of 2020 of $12.2 million, or EPS of $0.43, and net income in the third quarter of 2021 of $20.8 million, or EPS of $0.74. For the year, net income was $79.9 million, or EPS of $2.83, compared to net income of $37.3 million, or EPS of $1.32 for all of 2020. Pre-tax net income was $29.9 million and $105.7 million for the

HONOLULU, Jan. 12, 2022 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its fourth quarter 2021 earnings on January 26, 2022, 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 26, 2022. Interested parties may listen to the conference by calling 1-844-200-6205 (access code: 319900), or by listening to the webcast on the company's investor relations website at http://ir.

HONOLULU, Oct. 27, 2021 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE:CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank"), today reported net income in the third quarter of 2021 of $20.8 million, or fully diluted earnings per share ("EPS") of $0.74, compared to net income in the third quarter of 2020 of $6.9 million, or EPS of $0.24, and net income in the second quarter of 2021 of $18.7 million, or EPS of $0.66. "We are very pleased with our third quarter results which were driven by the investments in talent, technology and infrastructure we hav

HONOLULU, Oct. 13, 2021 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE:CPF), parent company of Central Pacific Bank, will release its third quarter 2021 earnings on October 27, 2021, 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 (7:00 a.m. Hawaii Time) on October 27, 2021. Interested parties may listen to the conference by calling 1-877-505-7644, or by listening to the webcast on the company's investor relations website at http://ir.cpb.bank. A replay of t

HONOLULU, July 28, 2021 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE:CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank"), today reported net income in the second quarter of 2021 of $18.7 million, or fully diluted earnings per share ("EPS") of $0.66, compared to net income in the second quarter of 2020 of $9.9 million, or EPS of $0.35, and net income in the first quarter of 2021 of $18.0 million, or EPS of $0.64. "We are pleased to report very strong financial results with quarterly pre-tax income reaching a new high since 2007," said Paul Yonami