Central Pacific Financial Corp. reported a net income of $13.1 million, or $0.49 per diluted share, for the third quarter of 2023. The company focused on maintaining a strong liquidity and deposit portfolio while managing deposit costs. Asset quality remained strong, and the loan portfolio is well-diversified.
Net income of $13.1 million, or $0.49 per diluted share for the quarter.
ROA of 0.70%, ROE of 10.95% and NIM of 2.88% for the quarter.
Total loans of $5.51 billion decreased by $12.0 million in the third quarter.
Total deposits of $6.87 billion increased by $69.0 million in the third quarter.
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