Loading...
•
Dec 31, 2022
Central Pacific Financial Q4 2022 Earnings Report
Reported net income of $20.2 million, driven by strong loan, deposit and net interest income growth.
Key Takeaways
Central Pacific Financial Corp. reported a net income of $20.2 million for Q4 2022, with fully diluted earnings per share of $0.74. The company saw growth in total loans and deposits, and the board approved a quarterly cash dividend and a new share repurchase program.
Net income was $20.2 million, or $0.74 per diluted share.
ROA was 1.09% and ROE was 18.30%.
Total loans increased by $133.3 million, or 2.5% (10.0% annualized).
Total deposits increased by $179.8 million, or 2.7% (10.8% annualized).
Revenue by Geographic Location
Forward Guidance
The company believes the Hawaii economy will be resilient due to strong housing and tourism markets, as well as a large military presence.
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...