earnings
confidence high
sentiment neutral
materiality 0.70
Central Pacific Financial Q4 net income $20.2M ($0.74 EPS); loans up 2.5%, new $25M buyback
CENTRAL PACIFIC FINANCIAL CORP
2022-FY EPS reported
$2.68
revenue$47,919,000
- Net income $20.2M ($0.74 diluted EPS) for Q4 2022, up from $16.7M in Q3; full-year $73.9M ($2.68 EPS).
- Total loans $5.56B, up $133.3M (2.5%) in Q4; deposits $6.74B, up $179.8M (2.7%) sequentially.
- Net interest margin 3.17% unchanged QoQ; net interest income $56.3M up 1.7%.
- Provision for credit losses $0.6M vs release of $7.7M year ago; NPA ratio 0.07%.
- Board declared $0.26/sh quarterly dividend and authorized new $25M share repurchase program.