Central Pacific Financial: Q4 Earnings Snapshot
The operator of Central Pacific Bank posted revenue of $89.3 million in the period. Its revenue net of interest expense was $66.3 million, which topped Street forecasts. For the year, the company reported profit of $58.7 million, or $2.17 per share. Central Pacific Financial Inc. (CPF) reported a net income of $14.9 million in its fourth quarter, with earnings of 55 cents per share. The Honolulu-based bank posted revenue of $89.3 million and its revenue net of interest expense was $66.3m, which topped Street forecasts. For the year, the company reported profit of $58.7 million, or $2.17 per share, with revenue reported at $256.7m.
Published : 3 months ago by Associated Press Finance in Finance
HONOLULU (AP) — HONOLULU (AP) — Central Pacific Financial Inc. (CPF) on Wednesday reported net income of $14.9 million in its fourth quarter.
The Honolulu-based bank said it had earnings of 55 cents per share.
The operator of Central Pacific Bank posted revenue of $89.3 million in the period. Its revenue net of interest expense was $66.3 million, which topped Street forecasts.
For the year, the company reported profit of $58.7 million, or $2.17 per share. Revenue was reported as $256.7 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPF at https://www.zacks.com/ap/CPF
Topics: Markets