CPF

Revenue for the first quarter of 2024

Retrieved on: 
Wednesday, April 10, 2024

This situation, which has already been observed in previous financial years, is repeated at the start of 2024.

Key Points: 
  • This situation, which has already been observed in previous financial years, is repeated at the start of 2024.
  • In addition, the reduction in marketing investment in CPF in 2023 helped optimize the profitability of this sales channel, but slowed order intake, which is a source of future revenue.
  • The first quarter of 2023 also saw exceptional growth of 80% in sales generated by learners self-financing their training, establishing a high basis for comparison for the first quarter of 2024.
  • To register to the Company’s newsletter and receive the latest information on lePERMISLIBRE, visit : http://eepurl.com/hrySr P

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

Retrieved on: 
Wednesday, March 6, 2024

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

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.

Le permis libre: 2023: Organic sales growth of +13 % 2024: Targeting operating profitability with continued growth

Retrieved on: 
Tuesday, January 30, 2024

Q4 2023 sales amounted to €3.9 million, down 2% compared with the same period in 2022.

Key Points: 
  • Q4 2023 sales amounted to €3.9 million, down 2% compared with the same period in 2022.
  • In 2023 the company has deployed its service in around 40 new towns;
    - enriching and diversifying its offering.
  • In particular, to promote proximity and close follow-up, candidates will be able to contact company staff in less than 24 hours.
  • This initiative is designed to help them make the right choices and maximize their success rate in obtaining their driving license.

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

Retrieved on: 
Wednesday, January 17, 2024

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.

Infinity Recycling's Circular Plastics Fund reaches 5th Close at EUR 135 million

Retrieved on: 
Tuesday, January 16, 2024

ROTTERDAM, Netherlands, Jan. 16, 2024 /PRNewswire/ -- Infinity Recycling ("IRC"), an growth capital platform investing in circular economy solutions, is pleased to announce the fifth close of its Circular Plastics Fund I SCSp ("CPF") in December 2023.

Key Points: 
  • ROTTERDAM, Netherlands, Jan. 16, 2024 /PRNewswire/ -- Infinity Recycling ("IRC"), an growth capital platform investing in circular economy solutions, is pleased to announce the fifth close of its Circular Plastics Fund I SCSp ("CPF") in December 2023.
  • With the onboarding of three new institutional Limited Partners, the fund has reached EUR 135 million in committed capital from a wide range of institutional investors based in Europe and beyond.
  • The CPF, with an initial target size of €150 million and backed by a broad range of international investors, is an Article 9 'dark green' impact fund under the EU's Sustainable Finance Disclosure Regulation.
  • We are thankful for the support from new limited partners such as IFG, who have recognised Infinity Recycling's differentiated investment focus", shared Jeroen Kelder, Managing Partner at Infinity Recycling.

Infinity Recycling's Circular Plastics Fund reaches 5th Close at EUR 135 million

Retrieved on: 
Tuesday, January 16, 2024

ROTTERDAM, Netherlands, Jan. 16, 2024 /PRNewswire/ -- Infinity Recycling ("IRC"), an growth capital platform investing in circular economy solutions, is pleased to announce the fifth close of its Circular Plastics Fund I SCSp ("CPF") in December 2023.

Key Points: 
  • ROTTERDAM, Netherlands, Jan. 16, 2024 /PRNewswire/ -- Infinity Recycling ("IRC"), an growth capital platform investing in circular economy solutions, is pleased to announce the fifth close of its Circular Plastics Fund I SCSp ("CPF") in December 2023.
  • With the onboarding of three new institutional Limited Partners, the fund has reached EUR 135 million in committed capital from a wide range of institutional investors based in Europe and beyond.
  • The CPF, with an initial target size of €150 million and backed by a broad range of international investors, is an Article 9 'dark green' impact fund under the EU's Sustainable Finance Disclosure Regulation.
  • We are thankful for the support from new limited partners such as IFG, who have recognised Infinity Recycling's differentiated investment focus", shared Jeroen Kelder, Managing Partner at Infinity Recycling.

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

Retrieved on: 
Wednesday, January 3, 2024

“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.

What is the Citi Cash Back+ Card, and How does it Work?

Retrieved on: 
Thursday, December 7, 2023

The Citi Cash Back+ is probably one of the most appealing options on the market.

Key Points: 
  • The Citi Cash Back+ is probably one of the most appealing options on the market.
  • Offering a flat cash back rate on all purchases with no minimum spending and cashback cap, the Citi Cash Back+ Card is ideal if you're looking for a straightforward card with unlimited cash rebates.
  • That said, it's worth understanding how the Citi Cash Back+ Card works and if it suits your lifestyle needs before deciding if it's the card for you.
  • If you already have a cash back card, you can still consider getting the Citi Cash Back+ Card as a backup card.

Comporium Awarded $51.9 Million in Grants by the SC Broadband Office

Retrieved on: 
Thursday, December 21, 2023

Four of those grants were awarded to Comporium totaling more than $51.9 million.

Key Points: 
  • Four of those grants were awarded to Comporium totaling more than $51.9 million.
  • Comporium will use these grants, along with its own funds, to extend advanced broadband services to customers in nine SC counties.
  • The SCBBO estimates that the eight ISPs will collectively invest more than $162 million in South Carolina’s broadband infrastructure over the next two years.
  • “We are incredibly excited about this first phase of CPF investments in South Carolina,” said Jim Stritzinger, Director of the SC Broadband Office.