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Central Pacific Financial Corp (CPF) Q2 2021 Earnings Call Transcript

Operator
Welcome to the Central Pacific Financial Corp. Second Quarter 2021 Conference Call. [Operator Instructions] This call is being recorded and will be available for replay shortly after its completion on the company s website at www.cpb.bank. [Operator Instructions]
I d like to turn the call over to Mr. David Morimoto, Chief Financial Officer. Please go ahead.
David S. Morimoto
Executive Vice President, Chief Financial Officer
Thank you, Andrew, and thank you all for joining us as we review the Financial Results for the Second Quarter of 2021 for Central Pacific Financial Corp. With me this morning are Paul Yonamine, Chairman and Chief Executive Officer; Catherine Ngo, President; Arnold Martines, Executive Vice President and Chief Banking Officer; and Anna Hu, Executive Vice President and Chief Credit Officer. We have prepared a slide presentation that we will refer to in our remarks today. ....

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Central Pacific Financial Corp. Reports Increase In Second Quarter Earnings To $18.7 Million

Central Pacific Financial Corp. Reports Increase In Second Quarter Earnings To $18.7 Million
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Central Pacific Financial Corp - Consensus Indicates Potential 22.2% Upside

Central Pacific Financial Corp - Consensus Indicates Potential 22.2% Upside
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Central Pacific Financial Corp. : Reports $18.0 Million First Quarter Earnings And Increases Cash Dividend

HONOLULU, April 28, 2021 /PRNewswire/ Central Pacific Financial Corp. , parent company of Central Pacific Bank , today reported net income in the first quarter of 2021 of $18.0 million, or. | April 28, 2021 ....

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Central Pacific Financial Corp. Reports $18.0 Million First Quarter Earnings And Increases Cash Dividend

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HONOLULU, April 28, 2021 /PRNewswire/ Central Pacific Financial Corp. (NYSE: CPF) (the Company ), parent company of Central Pacific Bank (the Bank ), today reported net income in the first quarter of 2021 of $18.0 million, or fully diluted earnings per share ( EPS ) of $0.64, compared to net income in the first quarter of 2020 of $8.3 million, or EPS of $0.29, and net income in the fourth quarter of 2020 of $12.2 million, or EPS of $0.43.
Central Pacific Financial Corp. s first quarter 2021 results are the highest quarterly pre-tax income we have reported since 2007. With this strong start to 2021, combined with the Hawaii economy continuing to recover, we are pleased to announce an increase to our quarterly cash dividend, said Paul Yonamine, Chairman and Chief Executive Officer. We believe our RISE2020 investments have positioned us well, and we remain highly committed to continuing to deliver results and achievement of o ....

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