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Jun 30, 2023
Central Pacific Financial Q2 2023 Earnings Report
Reported second quarter earnings of $14.5 million.
Key Takeaways
Central Pacific Financial Corp. reported a net income of $14.5 million for the second quarter of 2023, with a return on average assets (ROA) of 0.78% and a return on average equity (ROE) of 12.12%. Total deposits increased by $58.8 million, and the company maintained a solid liquidity position.
Net income was $14.5 million, or $0.53 per diluted share.
ROA was 0.78% and ROE was 12.12% for the quarter.
Total loans decreased by $36.7 million in the second quarter, while total deposits increased by $58.8 million.
The company had a solid liquidity position with $311.0 million in cash and $2.71 billion in total other liquidity sources.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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