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AI brief of an SEC Form 8-K · Central Pacific Financial (CPF)

Central Pacific Financial Q1 net income falls to $12.9 million, EPS $0.48

Negative Impact 3 of 5 earnings Written later

Central Pacific Financial reported first-quarter 2024 net income of $12.9 million, or $0.48 per diluted share, down from $14.9 million, or $0.55, in the prior quarter and $16.2 million, or $0.60, a year earlier. Net interest margin fell to 2.83% from 3.08% a year ago, and total deposits decreased $228.7 million from December 31, 2023. The board declared a quarterly cash dividend of $0.26 per share, unchanged from the prior quarters.

Key points

  • Net income of $12.9 million, or $0.48 diluted EPS, versus $14.9 million ($0.55) in the prior quarter and $16.2 million ($0.60) a year ago
  • Net interest margin of 2.83%, compared with 2.84% in the prior quarter and 3.08% a year ago
  • Total deposits of $6.62 billion at March 31, 2024, down $228.7 million from December 31, 2023
  • Quarterly cash dividend of $0.26 per share, payable June 17, 2024 to holders of record on May 31, 2024

The filing

CompanyCentral Pacific Financial (CPF)
Form8-K, current report
Filed with the SECApr 24, 2024, 7:09 AM ET
Accession number0000701347-24-000014

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 24, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.