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Central Pacific Financial Corp. Q2 2026 Earnings Call Summary
['July', 'Min Read']
Yahoo Finance
Central Pacific Financial Corp. Q2 2026 Earnings Call Summary - MobyStrategic Performance and Market DynamicsOur analysts just identified a stock with the potential to be the next Nvidia.
Net interest margin expanded by 4 basis points to 3.57%, driven by beneficial back-book asset repricing and stable funding costs.
Loan yields increased to 4.96% as new production yields outpaced runoff yields, though back-book repricing benefits have begun to moderate.
Loan and deposit growth is projected in the low-single-digit range for the full year, with stronger loan fundings expected in the second half.
Drivers of expected loan growth acceleration in second half