Central Pacific Financial Q2 FY26 net income rises 13.66% to $20.8 million; net interest margin widens 4 bps to 3.57% vs Q1 FY26

Reuters2026/07/24 10:15

By:Reuters

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Central Pacific Financial posted Q2 2026 net income of $20.8 million, or $0.80 per diluted share, up from $18.3 million a year earlier.
Net interest margin widened 4 basis points from Q1 to 3.57%, lifting net interest income 2.4% to $62.8 million.
Provision for credit losses rose to $4.4 million from $2.4 million in Q1, due to changes in the CECL economic forecast and higher unfunded commitments.
Other operating income climbed to $14.6 million from $11.6 million in Q1 on a $2.6 million increase in bank-owned life insurance income.
Repurchased 321,858 shares for $11.3 million; raised the quarterly dividend 3.4% to $0.30 per share, payable Sept. 15.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Central Pacific Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000701347-26-000065), on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Central Pacific Financial Q2 FY26 net income rises 13.66% to $20.8 million; net interest margin widens 4 bps to 3.57% vs Q1 FY26

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