Revenue: As of FY2026 Q1, the actual value is USD 72.93 M.EPS: As of FY2026 Q1, the actual value is USD 0.78, beating the estimate of USD 0.74.EBIT: As of FY2026 Q1, the actual value is USD -34.45 M.<h4>Net Income</h4>Net income for Central Pacific Financial Corp. was $20.7 million for the first quarter of 2026, compared to $22.9 million in the prior quarter and $17.8 million in the first quarter last year .<h4>Operational Metrics</h4><ul><li>Return on Average Assets (ROA): The ROA was 1.12% in the first quarter of 2026, compared to 1.25% in the prior quarter and 0.96% in the same quarter last year .</li><li>Return on Average Equity (ROE): The ROE was 13.90% in the first quarter of 2026, compared to 15.41% in the prior quarter and 13.04% in the same quarter last year .</li><li>Net Interest Margin (NIM): The NIM for the first quarter of 2026 was 3.53%, a decrease of 3 basis points from the prior quarter and an increase of 22 basis points from the same quarter last year . The sequential decrease was primarily due to lower average yields on loans (-6 bps) and investment securities (-5 bps), partially offset by a 6 bps decrease in average rates paid on interest-bearing deposits, a $60.0 million decrease in average loans, and two fewer days in the quarter .</li><li>Efficiency Ratio: The efficiency ratio was 59.87% in the first quarter of 2026, compared to 59.88% in the prior quarter and 61.16% in the same quarter last year .</li><li>Net Interest Income: Net interest income for the first quarter of 2026 totaled $61.4 million, a decrease of $0.7 million, or 1.2%, from the prior quarter, and an increase of $3.7 million, or 6.3%, compared to the same quarter last year .</li><li>Provision for Credit Losses: The company recorded a provision for credit losses of $2.4 million in the first quarter of 2026, which was consistent with the prior quarter’s $2.4 million, but lower than the $4.2 million in the same quarter last year . The current quarter’s provision included $2.7 million for credit losses on loans offset by a -$0.3 million credit for off-balance sheet credit exposures .</li><li>Other Operating Income: Other operating income for the first quarter of 2026 totaled $11.6 million, compared to $14.2 million in the prior quarter and $11.1 million in the same quarter last year . The sequential decrease was mainly due to a -$2.4 million decrease in income from bank-owned life insurance and -$0.5 million lower mortgage banking income, partially offset by $0.7 million from a debit card program contract extension .</li><li>Other Operating Expense: Other operating expense for the first quarter of 2026 totaled $43.7 million, compared to $45.7 million in the prior quarter and $42.1 million in the same quarter last year . The decrease from the prior quarter was primarily due to -$1.4 million lower salaries and employee benefits and a -$0.5 million reduction in legal and professional services .</li><li>Effective Tax Rate: The effective tax rate for the first quarter of 2026 was 23.0%, compared to 18.9% in the prior quarter and 21.2% in the same quarter last year . The increase was primarily attributable to additional tax credits recognized in the previous quarter and a decrease in tax-exempt income .</li><li>Net Charge-offs: Net charge-offs in the first quarter of 2026 totaled $2.4 million, compared to $2.5 million in the prior quarter and $2.6 million in the same quarter last year . On an annualized basis, net charge-offs as a percentage of average loans was 0.18% in the first quarter of 2026, consistent with the prior quarter, and compared to 0.20% in the same quarter last year .</li></ul><h4>Balance Sheet Metrics</h4><ul><li>Total Assets: As of March 31, 2026, total assets were $7.50 billion, an increase of $86.1 million, or 1.2%, from $7.41 billion at December 31, 2025, and an increase of $90.1 million, or 1.22%, from $7.41 billion at March 31, 2025 .</li><li>Total Loans (net of deferred fees and costs): Total loans were $5.32 billion at March 31, 2026, an increase of $31.3 million, or 0.6%, from $5.29 billion at December 31, 2025, but a decrease of $14.2 million, or 0.3%, from $5.33 billion at March 31, 2025 . The average yield earned on loans during the first quarter of 2026 was 4.93%, compared to 4.99% in the prior quarter and 4.88% in the same quarter last year .</li><li>Total Deposits: Total deposits were $6.70 billion at March 31, 2026, an increase of $89.6 million, or 1.4%, from $6.61 billion at December 31, 2025, and an increase of $103.3 million, or 1.6%, from $6.60 billion at March 31, 2025 . The average rate paid on total deposits during the first quarter of 2026 was 0.90%, compared to 0.94% in the prior quarter and 1.08% in the same quarter last year .</li><li>Core Deposits: Core deposits totaled $6.13 billion at March 31, 2026, increasing by $74.9 million, or 1.2%, from $6.06 billion at December 31, 2025, and increasing by $158.7 million, or 2.7%, from $5.98 billion at March 31, 2025 .</li><li>Nonperforming Assets (NPA): Nonperforming assets totaled $14.5 million, or 0.19% of total assets, at March 31, 2026, compared to $14.4 million, or 0.19%, at December 31, 2025, and $11.1 million, or 0.15%, at March 31, 2025 .</li><li>Allowance for Credit Losses (ACL) on Loans: The ACL on loans was 1.13% of total loans as of March 31, 2026, remaining unchanged from 1.13% at December 31, 2025, and March 31, 2025 .</li></ul><h4>Capital</h4><ul><li>Total Shareholders’ Equity: Total shareholders’ equity at March 31, 2026, was $593.9 million, compared to $592.6 million at December 31, 2025, and $557.4 million at March 31, 2025 .</li><li>Share Repurchases: During the first quarter of 2026, Central Pacific Financial Corp. repurchased 321,396 shares of common stock at a total cost of $10.5 million, or an average price of $32.75 per share . As of March 31, 2026, $44.5 million remained available under the company’s share repurchase authorization .</li><li>Regulatory Capital Ratios (Central Pacific Financial Corp.): As of March 31, 2026, the Leverage ratio was 9.7%, the Common Equity Tier 1 ratio was 12.6%, the Tier 1 risk-based capital ratio was 13.5%, and the Total risk-based capital ratio was 14.7% .</li><li>Dividends: The Board of Directors declared a quarterly cash dividend of $0.29 per share on April 28, 2026 .</li></ul><h4>Unique Metrics</h4><ul><li>SBA Lender of the Year: Central Pacific Bank was named the U.S. Small Business Administration (SBA) Lender of the Year in Hawaii (Category II) for 2025, marking the 17th time .</li></ul><h4>Outlook / Guidance</h4>No explicit forward-looking financial guidance or outlook was provided in the reference . The Earnings Supplement, however, includes forward-looking statements that are subject to known and unknown risks, uncertainties, and assumptions, indicating that actual results may differ materially from projections .

Central Pacific Financial | 8-K: FY2026 Q1 Revenue: USD 72.93 M