Central Pacific Financial Corp. (CPF)

Central Pacific Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	260.74	258.19	243.32	200.28	193.78	186.13
Interest Income on Investments	50.45	47.91	39.34	32.38	24.98	26.29
Total Interest Income	311.18	306.1	282.66	232.66	218.76	212.42
Interest Paid on Deposits	75.61	85.29	62.89	11.11	3.62	10.42
Interest Paid on Borrowings	8.46	9.08	9.77	5.99	4.1	4.32
Total Interest Expense	84.06	94.37	72.66	17.09	7.72	14.74
Net Interest Income	227.12	211.73	210	215.56	211.05	197.68
Net Interest Income Growth (YoY)	10.69%	0.83%	-2.58%	2.14%	6.76%	7.39%
Trust Income	6	5.76	4.9	4.57	5.08	4.83
Mortgage Banking Activities	3.08	3.39	2.59	3.81	7.73	13.68
Gain (Loss) on Sale of Assets	-0.04	-0.06	5.12	-0.01	-0.1	-0.55
Gain (Loss) on Sale of Investments	-9.93	-9.93	-2.07	8.51	0.15	-0.2
Gain (Loss) on Sale of Equity Investments	0.04	-0.02	-0.02	0.19	0.36	0.42
Other Non-Interest Income	31.59	30.87	27.39	22.66	23.38	20.24
Total Non-Interest Income	39.43	38.67	46.65	47.91	42.96	44.65
Non-Interest Income Growth (YoY)	-18.80%	-17.11%	-2.64%	11.53%	-3.78%	6.80%
Revenues Before Loan Losses	266.55	250.4	256.65	263.48	254.01	242.33
Provision for Loan Losses	12.81	9.83	15.7	-1.27	-14.59	42.11
Revenue	253.74	240.58	240.95	264.75	268.6	200.22
Revenue Growth (YoY)	6.60%	-0.16%	-8.99%	-1.43%	34.15%	-8.80%
Salaries and Employee Benefits	86.08	83.34	79.01	83.86	85.54	79.86
Occupancy Expenses	18.15	18	18.19	16.96	16.13	15.16
Selling, General & Administrative	42.76	41.08	41.58	41.9	41.54	37.29
Other Non-Interest Expense	29.86	30.12	23.08	17.76	19.3	15.75
Total Non-Interest Expense	176.84	172.54	161.86	165.37	162.51	148.06
EBT Excluding Unusual Items	76.9	68.04	79.1	99.38	106.09	52.16
Legal Settlements	-	-	-	-	-	-0.75
Other Unusual Items	-	-	-2.27	-	-	-0.75
Pretax Income	76.9	68.04	76.82	98.77	105.65	49.03
Income Tax Expense	16.21	14.63	18.15	24.84	25.76	11.76
Net Income	60.68	53.41	58.67	73.93	79.89	37.27
Net Income to Common	60.68	53.41	58.67	73.93	79.89	37.27
Net Income Growth	6.89%	-8.96%	-20.64%	-7.47%	114.35%	-36.09%
Basic Shares Outstanding	27	27	27	27	28	28
Diluted Shares Outstanding	27	27	27	28	28	28
Shares Change (YoY)	0.32%	0.28%	-1.77%	-2.44%	0.27%	-1.73%
EPS (Basic)	2.24	1.97	2.17	2.70	2.85	1.33
EPS (Diluted)	2.24	1.97	2.17	2.68	2.83	1.32
EPS Growth	6.71%	-9.22%	-19.03%	-5.30%	114.39%	-34.98%
Dividend Per Share	1.060	1.040	1.040	1.040	0.960	0.920
Dividend Growth	1.92%	-	-	8.33%	4.35%	2.22%
Effective Tax Rate	21.09%	21.50%	23.63%	25.15%	24.38%	23.98%

Updated Jul 25, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q