- Central Pacific Financial press release ( NYSE: CPF ): Q4 GAAP EPS of $0.74 beats by $0.14 .
- Revenue of $67.89M (+5.0% Y/Y) beats by $1.06M .
- ROA of 1.09% and ROE of 18.30% for the fourth quarter.
- In the fourth quarter of 2022, the company recorded a provision for credit losses of $0.6M, compared to a provision of $0.4M in the previous quarter and a release of the credit loss reserves of $7.7M in the year-ago quarter.
- The efficiency ratio for the fourth quarter of 2022 was 59.56%, compared to 64.62% in the previous quarter and 65.61% in the year-ago quarter.
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The effective tax rate for the fourth quarter of 2022 was 24.9%, compared to 26.2% in the previous quarter and 25.4% in the year-ago quarter.
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Central Pacific Financial GAAP EPS of $0.74 beats by $0.14, revenue of $67.89M beats by $1.06M