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23.04.25 - 12:33
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Central Pacific Financial Reports First Quarter 2025 Earnings of $17.8 Million (Business Wire)
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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 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 $17.8 million, or fully diluted earnings per share ("EPS") of $0.65 for the first quarter of 2025, compared t...
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10.04.25 - 00:03
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Central Pacific Financial Corp. Announces Conference Call to Discuss First Quarter 2025 Financial Results (Business Wire)
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HONOLULU--(BUSINESS WIRE)--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 Central Pacific Financial Corp.
Central Pacific Financial Corp. is a Hawaii-based bank holding company with approximately $7.47 billion in assets as of December 31, 2024. Central Pacific Bank, its primary subsidiary, operates 27 branches and 55 ATMs in the State of Hawaii. For additional info...
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