Earnings Releases·Oct 28, 2026, 6:20 AM ET

Central Pacific Financial — Third Quarter 2026 Earnings Summary

Net income rose to $22.8 million ($0.88 diluted EPS) in Q3 2026, up from $20.8 million ($0.80 EPS) in the prior quarter and $18.6 million ($0.69 EPS) year-over-year, driven by a 5 basis point sequential expansion in net interest margin to 3.62% and a reduction in credit loss provisions to $1.9 million.
The company returned capital through a 3.3% dividend increase to $0.31 per share and repurchased 294,110 shares for $11.2 million, leaving $22.0 million available under the existing authorization.
Balance sheet metrics remained stable with total loans at $5.31 billion and total deposits at $6.66 billion, while nonperforming assets declined to $14.0 million and regulatory capital ratios remained strong with a Tier 1 risk-based ratio of 13.6%.
Management provided no specific forward-looking financial guidance, citing general positioning to serve customers and shareholders amidst risks including interest rate fluctuations, inflation, and regional natural disaster exposure.