
• Reported GAAP EPS of $0.79 up 19.70% YoY • Reported revenue of $72.93M up 6.01% YoY
Bullish
Central Pacific Financial Corp. achieved balance sheet growth with increased loans and deposits, maintained strong capital ratios, and improved its efficiency ratio. The company also received industry recognition.
Bearish
Central Pacific Financial Corp. saw net income and net interest income decline sequentially, driven by lower yields. Other operating income also decreased, while nonperforming assets increased year-over-year.