---
schema_version: "secwatch.filing_event.v1"
accession: "0000701347-22-000023"
form_type: "8-K"
ticker: "CPF"
cik: "0000701347"
company_name: "CENTRAL PACIFIC FINANCIAL CORP"
filed_at: "2022-04-20T23:59:59+00:00"
generated_at: "2026-06-26T06:20:42.791317+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Central Pacific Financial Q1 net income $19.4M, EPS $0.70; core loans grow 2.4% QoQ; dividend $0.26

## Summary
- Net income of $19.4M ($0.70 diluted EPS) vs $18.0M ($0.64) a year ago and $22.3M ($0.80) prior quarter.
- Core loans (non-PPP) grew $120.3M, or 2.4% (9.6% annualized), QoQ; PPP loans declined $47.1M.
- Net interest margin 2.97% vs 3.19% a year ago; net interest income $50.9M vs $49.8M YoY.
- Credit provision of $3.2M; nonperforming assets improved to 0.07% of total assets from 0.08%.
- Board declared $0.26/share quarterly dividend; company repurchased 234,981 shares at avg $28.65 in Q1.

## SEC filing metadata
- accession: 0000701347-22-000023
- form_type: 8-K
- ticker: CPF
- cik: 0000701347
- company_name: CENTRAL PACIFIC FINANCIAL CORP
- filed_at: 2022-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/701347/000070134722000023/0000701347-22-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701347/000070134722000023/cpf-20220420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000701347-22-000023
- JSON: https://secwatch.observer/filing/0000701347-22-000023.json
- Plain text: https://secwatch.observer/filing/0000701347-22-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.