Central Pacific Financial (CPF) Tops Q1 EPS by 2c

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Central Pacific Financial Corp. Reports $10.4 Million First Quarter Earnings

April 23, 2015 8:00 AM EDT

HONOLULU, April 23, 2015 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank (the "Bank"), today reported net income for the first quarter of 2015 of $10.4 million, or $0.29 per diluted share, compared to net income in the first quarter of 2014 of $9.8 million, or $0.23 per diluted share, and net income in the fourth quarter of 2014 of $13.3 million, or $0.37 per diluted share.

"We continued to expand our loan and deposit portfolios, and maintained stable net interest income during the quarter," said John C. Dean, chairman and CEO.  "I... More