CENTRAL PACIFIC FINANCIAL CORP (CPF) SEC Filings, Feb-May 2026

KOSASA PAUL reported acquisition or exercise transactions in this Form 4 filing.

Central Pacific Financial Corp director Paul Kosasa received a stock grant of 1,857 shares of common stock at $33.65 per share. This award represents his 2026 board of directors fees for the period from May 1, 2026 to April 30, 2027, paid in company stock. Following the grant, he directly holds 74,569 shares of Central Pacific Financial common stock.

Central Pacific Financial director Jonathan B. Kindred received 2,228 shares of Common Stock as a grant, award, or other acquisition at $33.65 per share. This stock grant represents his 2026 Board of Directors fees covering the period from May 1, 2026 through April 30, 2027, issued in CPF stock. Following this award, he directly holds 16,178 shares of Central Pacific Financial common stock.

Central Pacific Financial Corp. held its Annual Meeting of Shareholders on April 30, 2026. Shareholders elected ten directors, each receiving between 19.9 million and 20.3 million votes in favor versus about 2.4 million to 2.8 million votes withheld, plus 1.37 million broker non-votes.

Shareholders also approved the non-binding Say-On-Pay resolution, with 19,880,004 votes for, 2,800,376 against, 15,119 abstentions and 1,369,298 broker non-votes. In addition, they ratified the appointment of Crowe LLP as independent registered public accounting firm for 2026, with 23,976,091 votes for, 82,192 against and 6,514 abstentions.

Central Pacific Financial Corp reports that Vanguard Capital Management beneficially owns 1,326,224 shares of Common Stock, representing 5.01% of the class. The filing shows Vanguard has sole dispositive power over 1,326,224 shares and sole voting power for 196,315 shares. The disclosure states these holdings reflect Vanguard Capital Management LLC together with specified affiliates and managed funds. The form is signed by Ashley Grim on 04/29/2026.

Central Pacific Financial Corp. reported Q1 2026 net income of $20.7 million, up from $17.8 million a year earlier, with diluted EPS rising to $0.78 from $0.65. Net interest income increased to $61.4 million, while the provision for credit losses declined to $2.4 million from $4.2 million.

Total assets reached $7.50 billion, with loans of $5.32 billion and deposits of $6.70 billion. The allowance for credit losses on loans was $59.9 million. Credit quality remained stable, with nonaccrual loans of $14.5 million and no foreclosed properties owned.

The company returned capital through a $0.29 per share cash dividend totaling $7.6 million and repurchased 321,396 shares for $10.5 million under a new $55.0 million buyback plan, leaving $44.5 million authorized. Equity was $593.9 million, and accumulated other comprehensive loss stood at $87.7 million.

Central Pacific Financial Corp. reported first quarter 2026 net income of $20.7 million, or $0.78 per diluted share, up from $17.8 million and $0.65 a year earlier, with return on average assets of 1.12% and return on average equity of 13.90%.

Net interest income was $61.4 million and the net interest margin was 3.53%, slightly below the prior quarter but higher than a year ago. Total loans were $5.32 billion and total deposits were $6.70 billion as of March 31, 2026, both modestly above year-end levels.

Asset quality remained strong, with nonperforming assets at $14.5 million, or 0.19% of total assets, and annualized net charge-offs at 0.18% of average loans. The efficiency ratio was 59.87%, tangible common equity was 7.92%, and regulatory capital ratios stayed well above minimums. The board approved a quarterly cash dividend of $0.29 per share and the company repurchased 321,396 shares for $10.5 million.

Central Pacific Financial Corp Schedule 13G/A amendment: The Vanguard Group filed Amendment No. 12 reporting 0 shares of Common Stock beneficially owned and 0% of the class. The filing explains an internal realignment effective January 12, 2026 that disaggregated certain Vanguard subsidiaries for reporting. The filing is signed by Ashley Grim, Head of Global Fund Administration on 03/26/2026.

Central Pacific Financial Corp. is asking shareholders to vote at a fully virtual annual meeting on April 30, 2026. Holders of 26,436,625 common shares as of February 25, 2026 may vote online, by phone or mail on three main items: electing 10 directors for one-year terms, an advisory “Say‑on‑Pay” vote on executive compensation, and ratifying Crowe LLP as independent auditor for 2026.

The Board reports that 9 of 10 nominees are independent and highlights recent board refreshment, strong committee structure and formal governance policies on director retirement, overboarding, related‑party transactions and complaints. Major holders include BlackRock (14.46%), HoldCo Asset Management (9.2%) and The Vanguard Group (7.66%). The proxy also outlines a pay‑for‑performance executive compensation program and director fee structure.

Central Pacific Financial Corp. (CPF) filed its annual report describing a Hawaii-focused community banking business operated through 27 branches and 55 ATMs, with one reportable segment: banking operations. At December 31, 2025, it employed 763 people and held the fourth-largest deposit market share among FDIC-insured institutions in Hawaii.

About 80% of the loan portfolio is tied to real estate in Hawaii, making results sensitive to local property and tourism cycles. CPF remains well-capitalized under Basel III standards, and the bank became a Federal Reserve member in January 2025. The company recorded a $15.7 million provision for credit losses in 2025, repurchased 788,261 shares for $23.3 million, and its board approved a new $55.0 million share repurchase plan in January 2026.