Central Pacific Financial (CPF) - 2024 Q2 - Quarterly Results

Highlights include: • Net income of $15.8 million, or $0.58 per diluted share, an increase of 22.2% compared to the $12.9 million earned in the previous quarter • Net interest margin of 2.97% increased by 14 bps from 2.83% in the previous quarter • Total loans of $5.38 billion decreased by $17.8 million from the previous quarter • Core deposits of $5.91 billion increased by $16.7 million from the previous quarter. Total deposits of $6.58 billion decreased by $36.4 million from the previous quarter, which in ...