The total minimum regulatory capital ratios and well-capitalized minimum ratios are reflected in the charts below. The Federal Reserve has not yet revised the well-capitalized standard for bank holding companies to reflect the higher capital requirements imposed under the Basel III Capital Rule. For purposes of the Federal Reserve's Regulation Y, including determining whether a bank holding company meets the requirements to be a financial holding company, bank holding companies, such as the Company, must ma ...

Central Pacific Financial Corp. (NYSE:CPF) Q4 2023 Results Conference Call January 31, 2024 1:00 PM ET Company Participants Dayna Matsumoto - Group Senior Vice President, Director of Finance and Accounting Arnold Martines - President and Chief Executive Officer David Morimoto - Senior Executive Vice President and Chief Financial Officer Anna Hu - Executive Vice President and Chief Credit Officer Conference Call Participants David Feaster - Raymond James Andrew Liesch - Piper Sandler Operator Good afternoon, ...

For the quarter ended December 2023, Central Pacific Financial (CPF) reported revenue of $66.31 million, down 2.3% over the same period last year. EPS came in at $0.55, compared to $0.74 in the year-ago quarter.The reported revenue represents a surprise of +8.39% over the Zacks Consensus Estimate of $61.18 million. With the consensus EPS estimate being $0.48, the EPS surprise was +14.58%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

Central Pacific Financial (CPF) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.58%. A quarter ago, it was expected that this operator of Central Pacific Bank would post earnings of $0.52 per share when it actually produced earnings of $0.49, delivering a surprise of -5.77%.Over th ...

HONOLULU--(BUSINESS WIRE)--Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income of $14.9 million, or fully diluted earnings per share ("EPS") of $0.55 for the fourth quarter of 2023, compared to net income of $13.1 million, or EPS of $0.49 in the previous quarter and net income of $20.2 million, or EPS of $0.74 in the year-ago quarter. For the 2023 year, net income was $58.7 million, or EPS of $2.17, compared to ...

The upcoming report from Central Pacific Financial (CPF) is expected to reveal quarterly earnings of $0.48 per share, indicating a decline of 35.1% compared to the year-ago period. Analysts forecast revenues of $61.18 million, representing a decrease of 9.9% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company announ ...

Central Pacific Financial Corp. (NYSE:CPF) Q3 2023 Results Conference Call October 25, 2023 1:00 PM ET Company Participants Dayna Matsumoto - Group Senior Vice President and Director of Finance and Accounting Arnold Martines - President and Chief Executive Officer David Morimoto - Senior Executive, Vice President and Chief Financial Officer Anna Hu - Executive Vice President and Chief Credit Officer Conference Call Participants Andrew Liesch - Piper Sandler David Feaster - Raymond James Operator Good aftern ...

| --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------|-------|----------|-------|---------|-------|----------| | | | | | | | | | Nine Months Ended September 30, 2023 | | | | | | | | Net change in fair value of investment securities: | | | | | | | | Net unrealized losses on AFS investment securities arising during the period | $ | (17,675) | $ | (4,696) | $ | (12,979) | | Less: Reclassification adjustments from AOCI realized in net ...

Central Pacific Financial Corp (NYSE:CPF) Q2 2023 Earnings Conference Call July 26, 2023 1:00 PM ET Company Participants Dayna Matsumoto - Group Senior Vice President and Director of Finance and Accounting Arnold Martines - President and Chief Executive Officer David Morimoto - Senior Executive Vice President and Chief Financial Officer Anna Hu - Executive Vice President and Chief Credit Officer Conference Call Participants Andrew Liesch - Piper Sandler David Feaster - Raymond James Operator Good afternoon, ...

Table of Contents Table of Contents Date: July 26, 2023 /s/ Arnold D. Martines Arnold D. Martines President and Chief Executive Of icer (Principal Executive Officer) Table of Contents In March 2022, the Company transferred 41 investment securities that were classified as AFS to HTM. The investment securities had an amortized cost basis of $361.8 million and a fair market value of $329.5 million. On the date of transfer, these securities had a total net unrealized loss of $32.3 million. There was no impact t ...