- Central Pacific Financial press release ( NYSE: CPF ): Q2 GAAP EPS of $0.64 beats by $0.10 .
- Revenue of $70.11M (+12.0% Y/Y) beats by $7.77M .
- ROA of 0.96% and ROE of 14.93% for the quarter.
- Total loans of $5.30 billion increased by $126.8 million, or 2.5% (10.0% annualized) in the second quarter.
- Total deposits of $6.62 billion increased by $23.0 million, or 0.3% (1.2% annualized) in the second quarter. Core deposits increased by $34.6 million, or 0.6% (2.4% annualized) in the second quarter.
- Net interest margin of 3.05% increased by 8 bp from the previous quarter.
- Central Pacific Bank named the Best Bank in Hawaii by Forbes.
- Board of Directors approved quarterly cash dividend of $0.26 per share.
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Central Pacific Financial GAAP EPS of $0.64 beats by $0.10, revenue of $70.11M beats by $7.77M