Central Pacific Financial (CPF) Tops Q3 EPS by 1c

Central Pacific Financial (NYSE: CPF) reported Q3 EPS of $0.35, $0.01 better than the analyst estimate of $0.34.

"Central Pacific Financial Corp. continues to perform well with solid pre-tax, pre-provision earnings, strong mortgage banking income and the achievement of our RISE2020 milestones on digital banking," said Paul Yonamine, Chairman and Chief Executive Officer.

"We are actively managing the risks related to the COVID-19 pandemic, including building our credit loss reserves and raising Tier 2 capital through a recent issuance of subordinated debt. The Company is well positioned to continue to be a source of strength and liquidity for our customers, employees and shareholders as we all navigate this difficult economic environment," said Catherine Ngo, President.

For earnings history and earnings-related data on Central Pacific Financial (CPF) click here.

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