secwatch.observer — SEC 8-K summary
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Issuer:     CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK:        0000701347
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000701347-24-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701347/000070134724000037/0000701347-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701347/000070134724000037/cpf-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000701347-24-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer