Central Pacific Financial — Third Quarter 2026 Earnings Summary
Central Pacific Financial Corp. reported net income of $22.8 million, or $0.88 per diluted share, for the third quarter of 2026, representing an increase from the prior quarter and the same period last year. The company's net interest margin expanded by 5 basis points to 3.62%, driven by higher loan yields and investment securities returns, while the efficiency ratio improved to 58.27%. Total assets stood at $7.45 billion as of September 30, 2026, with nonperforming assets decreasing to $14.0 million and the allowance for credit losses covering 1.13% of total loans. During the quarter, the Board of Directors declared a fourth-quarter cash dividend of $0.31 per share and the company repurchased 294,110 shares of common stock for $11.2 million.
- Company
- CENTRAL PACIFIC FINANCIAL CORP
- Sector
- Financial Services
- Industry
- Banks - Regional