Central Pacific Financial Corp. filings document the regulatory record of a Hawaii bank holding company and its Central Pacific Bank subsidiary. Form 8-K reports furnish quarterly results, financial-condition updates, earnings supplements, Regulation FD investor presentations, and material governance events.
Proxy materials and annual-meeting reports cover director elections, advisory executive-compensation votes, independent auditor ratification, board composition, shareholder voting outcomes, and executive-pay governance. The filing record also reflects capital-structure and banking disclosures relevant to common shares, regulatory capital, loans, deposits, investment securities, operating expenses, and commercial banking activities.
Central Pacific Financial Corp. (CPF) reported third-quarter 2026 net income of $22.8 million, compared with $18.6 million in the same 2025 period; diluted earnings per share were $0.88 versus $0.69. Net interest income was $64.5 million, compared with $61.3 million, while provision for credit losses was $1.9 million versus $4.2 million.
For the first nine months of 2026, net income was $64.3 million versus $54.6 million, and operating cash flow was $91.1 million versus $77.8 million. CPF repurchased 937,364 shares for an aggregate cost of $33.0 million under its 2026 Repurchase Plan; $22.0 million remained available as of September 30, 2026. Cash dividends declared were $0.30 per share in the third quarter, compared with $0.27 a year earlier.
As of September 30, total assets were $7.45 billion, deposits were $6.66 billion, and loans were $5.31 billion. Accumulated other comprehensive loss was $107.8 million, compared with $87.3 million at December 31, 2025; third-quarter other comprehensive results included $22.0 million of net-of-tax unrealized losses on available-for-sale securities.
Central Pacific Financial Corp. (CPF) reported third-quarter 2026 net income of $22.8 million, or $0.88 diluted earnings per share, compared with $18.6 million and $0.69 a year earlier. Net interest income was $64.5 million, up 5.2% year over year, and net interest margin was 3.62%, 13 basis points above the same quarter in 2025. The efficiency ratio was 58.27%, compared with 62.84% a year earlier. The average rate paid on total deposits was 0.90%.
At September 30, 2026, assets were $7.45 billion, loans were $5.31 billion and deposits were $6.66 billion. The company repurchased 294,110 shares for $11.2 million, averaging $38.18 per share, and had $22.0 million remaining under its authorization. The board declared a fourth-quarter cash dividend of $0.31 per share, up 3.3% from the prior quarter. Shareholders’ equity was $581.4 million, down $14.9 million from June 30, 2026, primarily because the available-for-sale investment portfolio’s fair value declined as market interest rates rose.
Central Pacific Financial Corp Chairman, President & CEO Arnold D. Martines reported a bona fide gift of 2,750 shares of common stock on 2026-08-07, at a stated price of $0.0000 per share, described in the notes as shares gifted to AUW. In addition, the filing lists multiple existing performance stock unit (PSU) and restricted stock unit (RSU) awards with time- and performance-based vesting schedules extending through 2026, without disclosing new option exercises or open-market trades.
Central Pacific Financial Corp. reported Q2 2026 net income of $20.8 million, up from $18.3 million in Q2 2025, and six‑month net income of $41.5 million. Diluted EPS was $0.80 for the quarter and $1.58 year‑to‑date.
Net interest income rose to $62.8 million in Q2 as lower deposit and debt costs reduced interest expense, while the provision for credit losses declined versus the prior year. Other operating income increased to $14.6 million, supported by higher service charges, fees and bank‑owned life insurance income, though operating expenses also grew, led by salaries and employee benefits.
Total assets were $7.50 billion at June 30, 2026, with loans of $5.31 billion and deposits of $6.70 billion. The allowance for credit losses on loans increased to $60.6 million. The company continued capital returns, paying $0.58 per share in dividends and repurchasing 643,254 shares for $21.8 million in the first half of 2026.
Central Pacific Financial Corp. reported second quarter 2026 net income of $20.8 million, or $0.80 per diluted share, compared with $20.7 million ($0.78) in the prior quarter and $18.3 million ($0.67) a year earlier. Return on average assets was 1.12% and return on average equity was 13.94%.
Net interest income rose to $62.8 million on a 3.57% net interest margin, up 4 basis points sequentially, driven by higher average balances and yields on loans and investment securities while the average deposit cost held at 0.90%. Other operating income increased to $14.6 million, aided by higher bank-owned life insurance income, while other operating expense rose to $46.2 million, mainly from higher salaries and benefits.
Total assets were $7.50 billion, loans $5.31 billion and deposits $6.70 billion at June 30, 2026. Asset quality remained solid, with nonperforming assets at 0.22% of assets and an allowance equal to 1.14% of loans. The company repurchased 321,858 shares for $11.3 million and the board raised the quarterly dividend 3.4% to $0.30 per share. Regulatory capital ratios, including a 12.7% Common Equity Tier 1 ratio, remained strong.
Central Pacific Financial Corp. adopted new Change in Control Agreements for its executive officers, including Chairman and CEO Arnold D. Martines. The agreements run through June 30, 2029 and then automatically renew each year unless the company gives notice of nonrenewal.
If a change in control occurs and an executive is terminated without cause or resigns for defined good reason, they receive cash severance, accelerated equity vesting, continued health coverage and outplacement support. Most executives are entitled to 2.0 times base salary and 2.0 times average bonus, while the CEO is entitled to 3.0 times each. Benefits are subject to clawback and regulatory limits and coordinated with Section 280G tax rules using a best net approach.
Central Pacific Financial Corp director Jason Fujimoto received a stock-based board fee award. On 2026-05-15, he acquired 1,857 shares of Common Stock at $33.65 per share as a grant covering 2026 Board of Directors fees for the period 5/1/26–4/30/27. After this award, he directly holds 12,192 shares.
Ota Saedene K reported acquisition or exercise transactions in this Form 4 filing.
Central Pacific Financial Corp director Saedene K. Ota reported receiving a grant of 2,117 phantom stock units tied to the company’s common stock as board compensation. These units, recorded as “DDC CPF Shares,” represent deferred director fees for the period from May 1, 2026 through April 30, 2027.
Each phantom stock unit is the economic equivalent of one share of common stock, but is payable in cash after the director’s termination of service rather than as actual shares. Following this grant, Ota’s deferred phantom stock balance stands at 15,931 units held directly in the Director’s Deferred Compensation Plan.
FRY EARL E reported acquisition or exercise transactions in this Form 4 filing.
Central Pacific Financial Corp director Earl E. Fry reported a grant of 2,117 phantom stock units tied to board fees. These “DDC CPF Shares” represent the economic equivalent of 2,117 shares of common stock held in the Director's Deferred Compensation Plan.
The phantom stock units are payable in cash after the director’s termination of service. Following this grant, Fry’s directly held phantom stock balance in the plan increased to 12,999 units, reflecting routine compensation rather than an open-market share purchase or sale.
Rose Crystal reported acquisition or exercise transactions in this Form 4 filing.
Central Pacific Financial Corp director Crystal Rose received a grant of 1,857 phantom share units tied to the company’s common stock. These units represent 2026 board fees and are held in the Director's Deferred Comp Plan as “DDC CPF Shares.”
Each phantom share is economically equivalent to one share of common stock but will be settled in cash after her board service ends. Following this award, Rose’s deferred phantom stock balance linked to CPF common stock totals 16,882 units.