Central Pacific reports Q2 EPS 58c vs. 53c last year

“We continue to navigate the current environment and positive trends are developing. We are pleased with our strong second quarter financial results, which included the highest net income in our last five quarters,” said Arnold Martines, Chairman, President and CEO. “Key contributors included NIM expansion of 14 bps, core deposit growth and improvement in net charge-offs. At the same time, we maintained solid liquidity and grew our capital levels further.”