Central Pacific Q3 EPS $0.88, NIM 3.62%, Dividend Raised 3.3% to $0.31
CPF sits 35% above its 52-week low of $28.095.
Summary
Central Pacific earned $22.8 million ($0.88 per diluted share) in Q3 2026, up from $0.80 last quarter, on a wider 3.62% net interest margin and lower credit provisions. The board raised the quarterly dividend 3.3% to $0.31, and $22.0 million remains on the buyback authorization.
Key Events · Earnings and Guidance · CPF
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Q3 Earnings Rise to $0.88 per Share
Net income came in at $22.8 million, or $0.88 diluted EPS, versus $20.8 million and $0.80 in Q2 2026 and $18.6 million and $0.69 a year ago.
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Margin and Efficiency Both Improve
Net interest margin rose 5 bps to 3.62% on higher loan and securities yields while deposit cost held at 0.90%; the efficiency ratio improved to 58.27% from 59.62%.
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Dividend Raised 3.3%, Buyback Continues
The board declared a Q4 dividend of $0.31 per share, payable December 15, 2026 to holders of record November 30, 2026. Repurchases totaled 294,110 shares for $11.2 million at an average of $38.18, leaving $22.0 million on the authorization.
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Credit Quality Improves
Nonperforming assets fell to $14.0 million, or 0.19% of total assets, from 0.22% at June 30, 2026; the provision for credit losses dropped to $1.9 million from $4.4 million.
Analysis · CPF · Finance
The quarter delivered growth on both the top and bottom line: net income rose to $22.8 million ($0.88 per diluted share) from $20.8 million ($0.80), net interest margin widened 5 bps to 3.62%, and the efficiency ratio improved to 58.27%. Credit stayed clean, with nonperforming assets falling to 0.19% of total assets from 0.22% and the provision dropping to $1.9 million from $4.4 million. Capital return continued as well: the board raised the quarterly dividend 3.3% to $0.31 and $22.0 million remains on the buyback authorization, all alongside a 12.7% CET1 ratio. The one soft spot is a $14.9 million drop in shareholders' equity, driven by a $19.5 million swing in AOCI as rising rates hit the available-for-sale bond portfolio — a paper mark rather than a credit issue, but it trims tangible common equity to 7.80%.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 30.5% of the 1494 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.03%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, CPF was trading at $37.82 on NYSE in the Finance sector, with a market capitalization of approximately $973.8M. The 52-week trading range was $28.10 to $40.99. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.