secwatch.observer — SEC 8-K summary
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Issuer:     CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK:        0000701347
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0000701347-25-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CPF Q1 earnings rise to $17.8M ($0.65 EPS); NIM up 14 bps to 3.31%
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- Net income $17.8M ($0.65 EPS), up from $11.3M ($0.42) prior Q and $12.9M ($0.48) year-ago.
- Net interest margin 3.31% (+14 bps QoQ, +48 bps YoY); net interest income $57.7M (+3.5% QoQ).
- Efficiency ratio improved to 61.16% from 75.65% (adjusted 64.65% excluding repositioning loss).
- Provision for credit losses $4.2M (vs $0.8M prior Q); net charge-offs $2.6M or 0.20% annualized.
- Declared $0.27 quarterly dividend; repurchased 77,316 shares at $27.09; strong capital ratios (CET1 12.4%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701347/000070134725000013/0000701347-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701347/000070134725000013/cpf-20250423.htm
  HTML page:      https://secwatch.observer/filing/0000701347-25-000013

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