Loading...
•
Sep 30, 2024
Central Pacific Financial Q3 2024 Earnings Report
Reported third quarter 2024 earnings with a net income of $13.3 million, or $0.49 per diluted share.
Key Takeaways
Central Pacific Financial Corp. reported a net income of $13.3 million, or $0.49 per diluted share, for the third quarter of 2024. Excluding $3.1 million in pre-tax expenses related to a strategic opportunity, adjusted net income (non-GAAP) was $15.7 million, or $0.58 per diluted share. The net interest margin increased by 10 bps from the previous quarter, and core deposits increased by $53.9 million.
Net income of $13.3 million, or $0.49 per diluted share.
Adjusted net income (non-GAAP) was $15.7 million, or $0.58 per diluted share, excluding $3.1 million in pre-tax expenses.
Net interest margin of 3.07% increased by 10 bps from the previous quarter.
Core deposits of $5.97 billion increased by $53.9 million from the previous quarter.
Revenue by Geographic Location
Forward Guidance
The company remains interested in a strategic opportunity under the right terms and conditions and is pursuing strategies for future growth and additional internal operating efficiencies.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...