NYSE:CPFBanks
Did Stronger Earnings, Dividend Hike and Buybacks Just Shift Central Pacific Financial's (CPF) Investment Narrative?
Central Pacific Financial Corp. recently reported second-quarter 2026 results showing higher net interest income of US$62.83 million and net income of US$20.82 million versus the prior year, while also recording net charge-offs of US$2.66 million and announcing a 3.4% increase in its quarterly dividend to US$0.30 per share.
Alongside these results, the company completed a US$21.84 million buyback of 643,254 shares since January 2026, signaling a focus on capital return through both...