Central Pacific Financial Reports Third Quarter 2026 Earnings of $22.8 Million
Central Pacific Financial posted Q3 2026 net income of $22.8 million, or $0.88 per diluted share, up from $20.8 million in the prior quarter and $18.6 million a year earlier. Net interest margin expanded 5 bps sequentially to 3.62%, the efficiency ratio improved to 58.27%, and net charge-offs held steady at 0.20% of average loans with nonperforming assets declining to 0.19% of total assets. The board raised the quarterly dividend 3.3% to $0.31 per share, and the company repurchased 294,110 shares for $11.2 million at an average price of $38.18, with $22.0 million still authorized.
Key figures
- Eps
- 0.88
- Revenue
- $76.8 million (total revenue: net interest income $64.5M + other operating income $12.4M)
- Revenue Yoy
- 2.7%
- Nim
- 3.62%
- Roa
- 1.22%
- Roe
- 15.28%
- Acl ratio
- 1.13%
- Npa ratio
- 0.19%
- Cet1 ratio
- 12.7%
- Net income
- 22776000
- Total loans
- 5313070000
- Buyback cost
- 11200000
- Total assets
- 7449610000
- Total deposits
- 6663862000
- Net charge offs
- 2669000
- Charge off ratio
- 0.20%
- Efficiency ratio
- 58.27%
- Buyback avg price
- 38.18
- Dividend increase
- 3.3%
- Dividend per share
- 0.31
- Nim change bps qoq
- 5
- Shares repurchased
- 294110
- Net interest income
- 64473000
- Year ago net income
- 18574000
- Book value per share
- 22.79
- Nonperforming assets
- 14010000
- Prior quarter net income
- 20822000
- Provision for credit losses
- 1892000
- Year ago adjusted net income
- 19741000
- Remaining buyback authorization
- 22000000
AI analysis
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