Central Pacific Financial Reports Solid First-Quarter 2026 Results

Central Pacific Financial ( (CPF) ) has issued an announcement.

Central Pacific Financial reported first-quarter 2026 net income of $20.7 million, or $0.78 per diluted share, on April 29, 2026, with returns on average assets and equity of 1.12% and 13.90%, respectively, supported by a 3.53% net interest margin and a nearly flat 59.87% efficiency ratio. Loans rose modestly to $5.32 billion and deposits to $6.70 billion, asset quality and capital ratios remained solid, the board declared a $0.29 per-share quarterly dividend, and the company repurchased $10.5 million of stock while highlighting its SBA Lender of the Year award in Hawaii for 2025.

Net interest income eased slightly from the prior quarter but improved year over year, while lower operating expenses helped offset softer other income driven by reduced bank-owned life insurance and mortgage banking revenue. Credit costs were stable, with a $2.4 million provision for credit losses, low net charge-offs, an unchanged 1.13% allowance ratio, and steady nonperforming asset levels, suggesting resilient credit quality and balance sheet strength as the bank continues to return capital to shareholders through dividends and buybacks.

Management scheduled an investor conference call and webcast on April 29, 2026, to discuss the quarter’s results and provide additional color on financial performance and strategic priorities. The company also posted an earnings supplement and slide presentation on its investor relations website to give shareholders and analysts deeper insight into its margin trends, credit profile, and capital deployment.

The most recent analyst rating on (CPF) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on Central Pacific Financial stock, see the CPF Stock Forecast page.

Spark’s Take on CPF Stock

According to Spark, TipRanks’ AI Analyst, CPF is a Neutral.

Overall score reflects solid underlying financial performance and a supportive valuation (modest P/E with a meaningful dividend), reinforced by a positive earnings call highlighting margin expansion and capital return. The score is tempered by uneven cash-flow trends and only mixed near-term technicals, plus conservative growth guidance driven by loan runoff and funding timing.

To see Spark’s full report on CPF stock, click here.

More about Central Pacific Financial

Central Pacific Financial Corp., parent of Central Pacific Bank, operates as a regional banking institution based in Honolulu, Hawaii, offering a range of lending, deposit and other financial services with a strong focus on small business banking. The bank’s longstanding recognition as the U.S. Small Business Administration Lender of the Year in Hawaii underscores its entrenched position in the local small business finance market.

Average Trading Volume: 171,574

Technical Sentiment Signal: Buy

Current Market Cap: $916M

For an in-depth examination of CPF stock, go to TipRanks’ Overview page.