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Stock impact report

Central Pacific Financial Reports Third Quarter 2024 Earnings

Central Pacific Financial Corp New (CPF) 
Last central pacific financial corp new earnings: 4/22 06:30 am Check Earnings Report
Company Research Source: Business Wire
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 quarterTotal loans of $5.34 billion decreased by $41.0 million from the previous quarterCore 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 1 ratios of 15.3% and 12.1%, respectivelyThe CPF Board of Directors approved a quarterly cash dividend of $0.26 per share HONOLULU--(BUSINESS WIRE)--Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income of $13.3 mill Show less Read more
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