---
schema_version: "secwatch.filing_event.v1"
accession: "0000701347-24-000027"
form_type: "8-K"
ticker: "CPF"
cik: "0000701347"
company_name: "CENTRAL PACIFIC FINANCIAL CORP"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:36:28.459472+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CPF Q2 net income $15.8M ($0.58 EPS), up 22% QoQ; NIM expands 14bps to 2.97%

## Summary
- Net income $15.8M ($0.58 diluted EPS) vs $12.9M ($0.48) prior quarter and $14.5M ($0.53) year ago.
- Net interest margin 2.97%, up 14 bps from 2.83% prior quarter; net interest income $51.9M (+3.5% QoQ).
- Core deposits $5.91B (+$16.7M QoQ); total deposits $6.58B (-$36.4M QoQ, including government time deposit runoff of $41.6M).
- Net charge-offs $3.8M, down from $4.5M prior quarter; allowance for credit losses 1.16% of loans.
- Board declared $0.26/share quarterly dividend payable Sept 16; Arnold Martines appointed Chairman replacing A. Catherine Ngo.

## SEC filing metadata
- accession: 0000701347-24-000027
- form_type: 8-K
- ticker: CPF
- cik: 0000701347
- company_name: CENTRAL PACIFIC FINANCIAL CORP
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/701347/000070134724000027/0000701347-24-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701347/000070134724000027/cpf-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000701347-24-000027
- JSON: https://secwatch.observer/filing/0000701347-24-000027.json
- Plain text: https://secwatch.observer/filing/0000701347-24-000027.txt

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