The earnings call presented a mixed picture with strong performance in commercial loan growth, net interest margin expansion, and asset quality. However, challenges remain with a decline in total deposits, slow tourism recovery, and anticipated office space write-off impacting future financials.

Company Guidance -

Q2 2025

During the Central Pacific Financial Corp. first quarter 2025 conference call, the management team shared positive financial results and strategic plans. The company reported a net income of $17.8 million, or 65¢ per diluted share, with a return on average assets of 0.96% and a return on average equity of 13.04%. The net interest margin (NIM) expanded to 3.31%, up 14 basis points from the previous quarter. Total deposits decreased by $48 million, while the average balance of non-time deposits grew by $78 million. The loan portfolio saw a sequential increase of $1.7 billion, marking the first quarterly rise in two years, driven by commercial and construction lending. The efficiency ratio improved to 61.2%, the best since Q4 2022. The bank maintained strong asset quality, with net charge-offs at $2.6 million, and an allowance for credit losses at $60.5 million, or 1.13% of outstanding loans. The call also highlighted a planned office consolidation expected to generate annual savings of approximately $1 million, despite an anticipated one-time pretax write-off of $2 to $2.5 million.

Commercial Loan Growth

Loan portfolio increased by $1.7 billion in the first quarter, marking the first quarterly increase in two years, driven by Mainland and Hawaii commercial mortgage and construction lending.

Net Interest Margin Expansion

Net interest margin was 3.31% in the first quarter, up 14 basis points sequentially, driven by a reduction in funding costs and higher average yield on investment securities.

SBA Lender of the Year Award

Central Pacific Financial Corp. was honored as the SBA lender of the year category two for the 16th year, highlighting continued support for small businesses.

Strong Asset Quality

Asset quality remained healthy with net charge-offs at $2.6 million, a decrease of nine basis points from the prior quarter, and nonperforming assets stable at $11.1 million.

Hawaii Construction Industry Growth

Hawaii's construction industry value increased by 20.3% in 2024 compared to 2023, forecasted to exceed $14 billion.

Central Pacific Financial (CPF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CPF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 25, 2025	2025 (Q2)	0.64 / -	0.58	―	―	―
Apr 23, 2025	2025 (Q1)	0.63 / 0.65	0.48	35.42% (+0.17)
Jan 29, 2025	2024 (Q4)	0.61 / 0.42	0.55	-23.64% (-0.13)
Oct 30, 2024	2024 (Q3)	0.56 / 0.49	0.49	0.00% (0.00)
Jul 31, 2024	2024 (Q2)	0.47 / 0.58	0.53	9.43% (+0.05)
Apr 24, 2024	2024 (Q1)	0.45 / 0.48	0.6	-20.00% (-0.12)
Jan 31, 2024	2023 (Q4)	0.48 / 0.55	0.74	-25.68% (-0.19)
Oct 25, 2023	2023 (Q3)	0.52 / 0.49	0.61	-19.67% (-0.12)
Jul 26, 2023	2023 (Q2)	0.54 / 0.53	0.64	-17.19% (-0.11)
Apr 26, 2023	2023 (Q1)	0.55 / 0.60	0.7	-14.29% (-0.10)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CPF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 23, 2025	$25.87	$26.12	+0.97%
Jan 29, 2025	$28.02	$27.46	-2.00%
Oct 30, 2024	$28.36	$26.03	-8.22%
Jul 31, 2024	$25.05	$25.15	+0.40%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Central Pacific Financial Corp (CPF) report earnings?

Central Pacific Financial Corp (CPF) is schdueled to report earning on Jul 25, 2025, Before Open (Confirmed).

What is Central Pacific Financial Corp (CPF) earnings time?

Central Pacific Financial Corp (CPF) earnings time is at Jul 25, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CPF EPS forecast?

CPF EPS forecast for the fiscal quarter 2025 (Q2) is 0.64.

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