secwatch.observer — SEC 8-K summary
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Issuer:     CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK:        0000701347
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0000701347-23-000002
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Central Pacific Financial Q4 net income $20.2M ($0.74 EPS); loans up 2.5%, new $25M buyback
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701347/000070134723000002/0000701347-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701347/000070134723000002/cpf-20230125.htm
  HTML page:      https://secwatch.observer/filing/0000701347-23-000002

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