Central Pacific reports Q4 EPS 55c, consensus 48c

Reports Q4 book value per share revenue $18.63. Reports Q4 CET1 capital ratio 8.8%. Reports Q4 net charge-offs 0.41%. “Our solid 2023 results reflect our consistent business approach, strong credit culture and commitment to the Hawaii marketplace. We are proud to have been named to Newsweek’s 2024 list of America’s Best Regional Banks, based on our creditworthiness, profitability, net loan activity and public image. This achievement was made possible through our hardworking and committed team of employees and support of our customers and the community,” said Arnold Martines, President and Chief Executive Officer. “We believe we are positioned to deliver a strong financial performance in 2024, highlighted by our strategic relationship focused approach and our solid liquidity, capital and asset quality.”