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Stock impact report

Central Pacific Financial Corp (CPF) Reports Mixed Results for Q4 and Full Year 2023 [Yahoo! Finance]

Central Pacific Financial Corp New (CPF) 
Last central pacific financial corp new earnings: 4/22 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Net Interest Margin (NIM) : NIM decreased to 2.84% in Q4, a drop from 3.17% in the same quarter last year. Provision for Credit Losses : Q4 saw a provision of $4.7 million, significantly higher than $0.6 million in the year-ago quarter. Balance Sheet : Total assets remained flat quarter-over-quarter but increased 2.8% year-over-year to $7.64 billion. Dividends and Share Repurchases : Quarterly cash dividend declared at $0.26 per share; new share repurchase program authorized for up to $20 million in 2024. On January 31, 2024, Central Pacific Financial Corp ( NYSE:CPF ) released its 8-K filing , detailing the financial results for the fourth quarter and full year of 2023. CPF, a prominent financial services provider in the United States, operates as a full-service commercial bank in Hawaii, offering a range of banking products and services. The bank's deposits are FDIC-insured, and it is known for its diverse loan portfolio, including commercial, construction, mortgage, and co Show less Read more
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