Central Pacific Financial Q3 net income $13.3M ($0.49 EPS); adjusted EPS $0.58 excludes $3.1M strategic expense

CENTRAL PACIFIC FINANCIAL CORP

2024-Q3 EPS reported $1.55 revenue$36,099,000

GAAP EPS $0.49 vs $0.58 prior quarter; adjusted non-GAAP EPS $0.58.
Net interest margin 3.07%, up 10 bps sequentially; net interest income $53.9M (+3.7% QoQ).
Total loans $5.34B (-$41M QoQ); core deposits $5.97B (+$53.9M QoQ).
Provision for credit losses $2.8M; nonperforming assets $11.6M (0.16% of assets).
Board declared $0.26/share dividend payable Dec 16; CET1 ratio 12.1%, total risk-based 15.3%.

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