---
schema_version: "secwatch.filing_event.v1"
accession: "0000701347-24-000002"
form_type: "8-K"
ticker: "CPF"
cik: "0000701347"
company_name: "CENTRAL PACIFIC FINANCIAL CORP"
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:19:22.265855+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Central Pacific Financial Q4 EPS $0.55, declares $0.26 dividend, authorizes $20M buyback

## Summary
- Net income $14.9M ($0.55 diluted EPS) vs $20.2M ($0.74) year-ago quarter; FY 2023 EPS $2.17.
- Net interest margin 2.84%, down 33 bps YoY; net interest income $51.1M, down 9.1% YoY.
- Completed balance sheet repositioning with net pre-tax gain $0.9M; estimated annual positive impact $2.0M.
- Board declared $0.26 quarterly dividend payable March 15, 2024; new $20M share repurchase program authorized.
- Nonperforming assets 0.09% of total assets; net charge-offs $5.5M (0.41% annualized) vs $1.7M year-ago.

## SEC filing metadata
- accession: 0000701347-24-000002
- form_type: 8-K
- ticker: CPF
- cik: 0000701347
- company_name: CENTRAL PACIFIC FINANCIAL CORP
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/701347/000070134724000002/0000701347-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701347/000070134724000002/cpf-20240131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000701347-24-000002
- JSON: https://secwatch.observer/filing/0000701347-24-000002.json
- Plain text: https://secwatch.observer/filing/0000701347-24-000002.txt

## Key facts
- Earnings Releases
  CENTRAL PACIFIC FINANCIAL CORP reported the 2023 year results: net income $58.7 million, EPS $2.17 per diluted share.
  - Period: the 2023 year
  - Net income: $58.7 million
  - EPS: $2.17 per diluted share
  - Result: reported results
  source text: Central Pacific Financial Corp. (the "Company") issued a press release regarding its results of operations and financial condition for the quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701347/000070134724000002/0000701347-24-000002-index.htm
- Earnings Releases
  CENTRAL PACIFIC FINANCIAL CORP reported the quarter ended December 31, 2023 results: net income $14.9 million, EPS $0.55 per diluted share.
  - Period: the quarter ended December 31, 2023
  - Net income: $14.9 million
  - EPS: $0.55 per diluted share
  - Result: reported results
  source text: Central Pacific Financial Corp. (the "Company") issued a press release regarding its results of operations and financial condition for the quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701347/000070134724000002/0000701347-24-000002-index.htm

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