Central Pacific Financial ( (CPF) ) has released its Q2 earnings. Here is a breakdown of the information Central Pacific Financial presented to its investors.
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Central Pacific Financial Corp., a Hawaii-based bank holding company, operates primarily through its subsidiary, Central Pacific Bank, providing a range of financial services across 27 branches and 55 ATMs in Hawaii. The company is publicly traded on the NYSE under the symbol ‘CPF’.
In its second quarter of 2025 earnings report, Central Pacific Financial Corp. announced a net income of $18.3 million, translating to $0.67 per diluted share. This marks a slight increase from the previous quarter’s net income of $17.8 million and a significant rise from $15.8 million in the same quarter last year. The company also declared a quarterly cash dividend of $0.27 per share.
Key financial highlights include a net interest income of $59.8 million, up by 3.6% from the previous quarter, and a net interest margin of 3.44%. The efficiency ratio improved to 60.36%, reflecting better operational efficiency. The bank’s asset quality remains strong with nonperforming assets at 0.20% of total assets, although net charge-offs increased to $4.7 million, primarily due to a full charge-off of a commercial and industrial loan.
The company maintained robust capital positions with total risk-based capital and common equity tier 1 ratios at 15.8% and 12.6%, respectively. Despite a slight decrease in total assets and deposits, the bank’s core deposits saw a year-over-year increase, indicating stable customer confidence.
Looking ahead, Central Pacific Financial Corp. aims to leverage its strong asset quality and capital positions to continue supporting customer needs and market growth, while maintaining its focus on operational efficiency and shareholder returns.