Central Pacific Bank

Christine Camp Stepping Down From Central Pacific Financial and Central Pacific Bank Boards of Directors

Retrieved on: 
Wednesday, March 6, 2024
Banking, Professional Services, Finance, Central Pacific, CPB, Central Pacific Bank, CPF, Multimedia, Management

After 20 years of faithful service, Christine Camp, president and CEO of the Avalon Group, has decided to step down from the boards of Central Pacific Financial (CPF) and Central Pacific Bank (CPB), effective immediately.

Key Points: 
  • After 20 years of faithful service, Christine Camp, president and CEO of the Avalon Group, has decided to step down from the boards of Central Pacific Financial (CPF) and Central Pacific Bank (CPB), effective immediately.
  • Camp has a long tenure with the bank, having served on the boards since 2004.
  • I’m confident that current management will lead the bank to even greater accomplishments,” Camp said.
  • In acknowledging her years of contributions, CPB President and CEO Arnold Martines said, “The advice and counsel that Christine has provided to our bank the past two decades has been invaluable.

Central Pacific Financial Reports Fourth Quarter Earnings of $14.9 Million and Full Year 2023 Earnings of $58.7 Million

Retrieved on: 
Wednesday, January 31, 2024
Banking, Professional Services, Finance, EPS, FDIC, Central Pacific Bank, Hawaii–Aleutian Time Zone, CPF, NIM, Federal Reserve Bank, Total, Bank, Sale, Share repurchase

Net interest income was $51.1 million for the fourth quarter of 2023, which decreased by $0.8 million, or 1.5% from the previous quarter, and decreased by $5.1 million, or 9.1% from the year-ago quarter.

Key Points: 
  • Net interest income was $51.1 million for the fourth quarter of 2023, which decreased by $0.8 million, or 1.5% from the previous quarter, and decreased by $5.1 million, or 9.1% from the year-ago quarter.
  • Other operating income totaled $15.2 million for the fourth quarter of 2023, compared to $10.0 million in the previous quarter and $11.6 million in the year-ago quarter.
  • Other operating expense totaled $42.5 million for the fourth quarter of 2023, compared to $39.6 million in the previous quarter and $40.4 million in the year-ago quarter.
  • Net charge-offs totaled $5.5 million in the fourth quarter of 2023, compared to net charge-offs of $3.9 million in the previous quarter, and net charge-offs of $1.7 million in the year-ago quarter.

Central Pacific Financial Corp. Announces Conference Call to Discuss Fourth Quarter 2023 Financial Results

Retrieved on: 
Wednesday, January 17, 2024
Banking, Professional Services, Finance, CPF, Interest, Central Pacific Bank

Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank, will release its fourth quarter 2023 earnings on January 31, 2024, before the open of the New York Stock Exchange.

Key Points: 
  • Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank, will release its fourth quarter 2023 earnings on January 31, 2024, before the open of the New York Stock Exchange.
  • Management will review the results by conference call and live audio webcast beginning at 1 p.m. Eastern Time (8 a.m. Hawaii Time) on January 31, 2024.
  • Interested parties may listen to the conference by calling 1-888-510-2553 (conference ID: 9816541), or by listening to the webcast on the company’s investor relations website at http://ir.cpb.bank .
  • A replay of the call will be available through March 1, 2024 by dialing 1-800-770-2030 (conference ID: 9816541) and on the company’s website.

Maui Land & Pineapple Company appoints new board members to support next chapter of growth

Retrieved on: 
Wednesday, January 3, 2024
Central Pacific Bank, Core, CPF, Corporate finance, Risk, Landscape, Non-governmental organization, Federal Reserve Bank, Drainage, Central Pacific, CNM, Catholic Church, Virginia School for Girls, University, Silicon Valley Bank, Water, FRB, Construction, General counsel, Growth, MLP, Silicon, Ohta, SVB, Management

“Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors.

Key Points: 
  • “Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors.
  • We look forward to their thoughtful guidance as we chart the course for a future of growth,” said Race Randle, CEO of Maui Land & Pineapple Company.
  • He is also a board member of the private equity and real estate company, Tradewind Capital.
  • With the addition of Ngo and Ota, Maui Land & Pineapple Company’s Board of Directors will be comprised of seven independent directors of diverse communities with versatile expertise.

Local Business Leader Robert Nobriga Named to CPF and CPB Board of Directors

Retrieved on: 
Wednesday, December 6, 2023
Banking, Professional Services, Finance, NYSE, CPF, Investment, Kamehameha Schools, Central Pacific Bank, Insurance, Multimedia, University, Growth, Knowledge, CPB, Management

Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank (CPB), today announced the appointment of Robert Nobriga as a member of its board of directors of both CPF and CPB, effective January 1, 2024.

Key Points: 
  • Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank (CPB), today announced the appointment of Robert Nobriga as a member of its board of directors of both CPF and CPB, effective January 1, 2024.
  • "CPB is a special bank with a long legacy of serving the people of Hawaii," Nobriga said.
  • It will be my pleasure to work with Arnold and the CPB team to help CPB achieve even more success in the future."
  • Active in the local community, Mr. Nobriga is a Trustee of Kamehameha Schools and is a director of Haleakala Ranch.

Central Pacific Financial Reports Third Quarter Earnings of $13.1 Million

Retrieved on: 
Wednesday, October 25, 2023
Banking, Professional Services, Finance, Sale, FDIC, CPF, Bank, NYSE, Central Pacific Bank, Share repurchase, W Holding Company, EPS, NIM, Total, Hawaii–Aleutian Time Zone, Tutoring, Video game, Cryptocurrency, Rare-earth element, Central Pacific

Net interest income was $51.9 million for the third quarter of 2023, which decreased by $0.8 million, or 1.5% from the previous quarter, and decreased by $3.4 million, or 6.2% from the year-ago quarter.

Key Points: 
  • Net interest income was $51.9 million for the third quarter of 2023, which decreased by $0.8 million, or 1.5% from the previous quarter, and decreased by $3.4 million, or 6.2% from the year-ago quarter.
  • Other operating income totaled $10.0 million for the third quarter of 2023, compared to $10.4 million in the previous quarter and $9.6 million in the year-ago quarter.
  • Other operating expense totaled $39.6 million for the third quarter of 2023, compared to $39.9 million in the previous quarter and $42.0 million in the year-ago quarter.
  • Net charge-offs totaled $3.9 million in the third quarter of 2023, compared to net charge-offs of $3.4 million in the previous quarter, and net charge-offs of $1.6 million in the year-ago quarter.

Fiserv and Plaid to Revolutionize Secure Data Sharing for Financial Institutions and Consumers

Retrieved on: 
Thursday, October 12, 2023
Technology, Payments, Finance, Security, Fintech, Banking, Professional Services, Software, Data Management, Asset Management, Partnership, NYSE, API, Digital, Central Pacific Bank, Plaid, Connect, FI, FDX, News, Online shopping, Cryptocurrency, Fiserv

The scale of this agreement is unprecedented in the industry and will significantly expand the direct sharing of data between financial institutions and the third parties with which their customers interact.

Key Points: 
  • The scale of this agreement is unprecedented in the industry and will significantly expand the direct sharing of data between financial institutions and the third parties with which their customers interact.
  • By connecting to the Plaid network via AllData Connect from Fiserv, financial institutions can ensure consumers have reliable access to their data as well as a seamless and more secure experience when using third-party apps and services.
  • “Financial institutions regardless of size, location, or capital should be able to power these digital experiences for their consumers via APIs,” said Aly Yarris, Financial Access Partnerships at Plaid.
  • Fiserv and Plaid will also advance secure and transparent data sharing in line with anticipated regulatory guidance such as that outlined by Dodd Frank 1033, the regulation that governs secure financial data access, transforming the future of financial services.

Central Pacific Financial Corp. Announces Conference Call to Discuss Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 11, 2023
Banking, Professional Services, Finance, Central Pacific Bank, Interest, NYSE, CPF, Cryptocurrency, Video game

Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank, will release its third quarter 2023 earnings on October 25, 2023, before the open of the New York Stock Exchange.

Key Points: 
  • Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank, will release its third quarter 2023 earnings on October 25, 2023, before the open of the New York Stock Exchange.
  • Management will review the results by conference call and live audio webcast beginning at 1:00 p.m. Eastern Time (7:00 a.m. Hawaii Time) on October 25, 2023.
  • Interested parties may listen to the conference by calling 1-888-510-2553 (conference ID: 9816541), or by listening to the webcast on the company’s investor relations website at http://ir.cpb.bank .
  • A replay of the call will be available through November 24, 2023 by dialing 1-800-770-2030 (conference ID: 9816541) and on the company’s website.

Central Pacific Financial Reports Second Quarter Earnings of $14.5 Million

Retrieved on: 
Wednesday, July 26, 2023
Banking, Professional Services, Finance, NIM, Total, Central Pacific, Share repurchase, Class, FDIC, Sale, Bank, Central Pacific Bank, Hawaii–Aleutian Time Zone, CPF, EPS, NYSE, W Holding Company, Pharmaceutical industry, Cryptocurrency, Table, Visa

Net interest income for the second quarter of 2023 was $52.7 million, which decreased by $1.5 million, or 2.7% from the previous quarter, and decreased by $0.2 million, or 0.5% from the year-ago quarter.

Key Points: 
  • Net interest income for the second quarter of 2023 was $52.7 million, which decreased by $1.5 million, or 2.7% from the previous quarter, and decreased by $0.2 million, or 0.5% from the year-ago quarter.
  • Other operating income for the second quarter of 2023 totaled $10.4 million, compared to $11.0 million in the previous quarter and $17.1 million in the year-ago quarter.
  • Other operating expense for the second quarter of 2023 totaled $39.9 million, compared to $42.1 million in the previous quarter and $45.3 million in the year-ago quarter.
  • Net charge-offs in the second quarter of 2023 totaled $3.4 million, compared to net charge-offs of $2.3 million in the previous quarter, and net charge-offs of $1.0 million in the year-ago quarter.

Central Pacific Financial Corp. Announces Conference Call to Discuss Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, July 12, 2023
Banking, Professional Services, Finance, CPF, Interest, Central Pacific Bank, NYSE, Airline, Video game, Cryptocurrency

Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank, will release its second quarter 2023 earnings on July 26, 2023, before the open of the New York Stock Exchange.

Key Points: 
  • Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank, will release its second quarter 2023 earnings on July 26, 2023, before the open of the New York Stock Exchange.
  • Management will review the results by conference call and live audio webcast beginning at 1:00 p.m. Eastern Time (7:00 a.m. Hawaii Time) on July 26, 2023.
  • Interested parties may listen to the conference by calling 1-888-510-2553 (conference ID: 9816541), or by listening to the webcast on the company’s investor relations website at http://ir.cpb.bank .
  • A replay of the call will be available through August 26, 2023 by dialing 1-800-770-2030 (conference ID: 9816541) and on the company’s website.