10-K · February 27, 2026
Central Pacific Financial Corp. (CPF) reported a meaningful earnings inflection in 2025 driven by higher net interest income and stable noninterest income: net interest income increased to $240.9M and net income rose to…
Earnings analysis · 10-Q
CPF earnings analysis
Filed April 29, 2026 · Our reading of the company's report
The latest report
Central Pacific Financial Corp. (CPF) reported a strong Q1 2026 with net income of $20.7 million and diluted EPS of $0.78, surpassing analyst expectations. However, revenue was lower than expected at $61.4 million,…
Read full summary
Central Pacific Financial Corp. (CPF) reported a strong Q1 2026 with net income of $20.7 million and diluted EPS of $0.78, surpassing analyst expectations. However, revenue was lower than expected at $61.4 million, marking a notable decrease compared to the prior quarter and year. The company continues to show resilience with improvements in net interest income and efficiency ratio despite macroeconomic challenges.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.78
What stood out
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EPS Exceeds Estimates
Diluted EPS came in at $0.78, above the consensus estimate of $0.74.
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Improved Net Interest Income
Net interest income rose by $3.7 million compared to Q1 2025, contributing to increased profitability.
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Decreased Provision for Credit Losses
Provision for credit losses decreased to $2.4 million from $4.2 million in Q1 2025.
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Efficiency Ratio Improvement
Efficiency ratio improved to 59.87% from 61.16% year-over-year.
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Strong Loan Growth
Total loans increased year-over-year, underlining continued demand.
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Share Repurchase Plan Authorized
The board authorized a new repurchase plan allowing up to $55 million in share buybacks.
What to watch
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Revenue Miss
Revenue for Q1 2026 was $61.4 million, significantly lower than the estimated $73.98 million.
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Increased Credit Risks
Ongoing challenges in the economic landscape may lead to higher loan delinquencies and credit losses.
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Dependence on Tourism
The firm remains vulnerable to tourism fluctuations due to potential geopolitical instability affecting travel demand.
Management's outlook
No explicit forward guidance provided in the MD&A.
Earlier filings 4
10-Q · August 5, 2025
Central Pacific Financial Corp. reported solid year-over-year revenue and earnings growth in Q2 2025: net interest income rose to $59.796M and diluted EPS increased to $0.67 (from $0.58). Operating profitability remains…
10-Q · April 30, 2025
Central Pacific Financial Corp. reported stronger Q1 2025 profitability with net income of $17,760,000 and diluted EPS of $0.65, up from $12,945,000 and $0.48 in Q1 2024. Net interest income rose to $57,699,000 while…
10-Q · July 31, 2024
Central Pacific Financial reported Q2 net interest income/revenue of $51,921,000 and diluted EPS of $0.58, beating consensus ($50.63M revenue, $0.47 EPS). Net income rose to $15,817,000 from $14,475,000 a year ago…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.