Earnings Call Summary | Central Pacific Bank(CPF.US) Q2 2024 Earnings Conference
Earnings Call Summary | Central Pacific Bank(CPF.US) Q2 2024 Earnings Conference
Net interest income was $51.9 million, an increase from the previous quarter, with a net interest margin of 2.97%, up by 14 basis points.The following is a summary of the Central Pacific Financial Corp. (CPF) Q2 2024 Earnings Call Transcript:
以下是中央太平洋金融公司（CPF）2024年第二季度業績會議電話記錄摘要：
Financial Performance:
金融業績：
Central Pacific Financial reported a Q2 net income of $15.8 million or $0.58 per diluted share.
Return on average assets was 0.86%, and return on average equity was 12.42%.
Net interest income was $51.9 million, an increase from the previous quarter, with a net interest margin of 2.97%, up by 14 basis points.
Other operating income reached $12.1 million with increases in mortgage banking and investment services.
Total loan portfolio showed a slight decrease by $17.8 million or 0.3%, but modest loan growth is expected in the second half of the year.
中央太平洋金融公司報告二季度淨利潤爲1580萬美元，每股攤薄收益爲0.58美元。
平均資產回報率爲0.86%，平均淨資產回報率爲12.42%。
淨利息收益爲5190萬美元，較上一季度增加，並且淨利息收益率爲2.97%，增加14個點子。
其他營業收入達到1210萬美元，抵抗了抵押銀行業務和投資服務的增長。
總貸款組合略有下降，減少1780萬美元或0.3%，但預計下半年將有適度的貸款增長。
Business Progress:
業務進展：
The company was recognized by Forbes as one of America's Best Banks and Best In-State Bank for Hawaii in 2024.
Acknowledged modest economic growth in Hawaii and manageable impacts from tourism pressures, especially from Japan.
Reported improving conditions in the Maui region post-wildfires, with rebuilding efforts progressing steadily.
該公司被福布斯認定爲2024年美國最佳銀行之一，夏威夷州最佳銀行之一。
承認夏威夷經濟適度增長，並對旅遊壓力，特別是來自日本的旅遊壓力有可控的影響表示認可。
報告稱，在燒燬後，毛伊島地區正在穩步重建中。
Opportunities:
機會：
Positive trends in the Hawaii market, including high defense and construction spending, provide a supportive economic environment for future growth.
Efforts in managing core deposits and transacting in new relationships aim to grow the deposit base and stabilize funding costs.
夏威夷市場的積極趨勢，包括高額的軍工股和施工支出，爲未來的增長提供了支持性的經濟環境。
管理核心存款和開展新的業務關係的努力旨在增加存款基礎和穩定資金成本。
Risks:
風險：
Tourism in Hawaii, especially from Japan, continues to face challenges with visitor numbers and exchange rates affecting overall performance.
The slow pace of recovery in Maui might limit growth prospects in the short term.
夏威夷的旅遊業，特別是來自日本的旅遊業，面臨着遊客數量和匯率影響整體表現的挑戰。
毛伊島的恢復步伐可能會在短期內限制增長前景。
More details: Central Pacific Bank IR
更多細節：中央太平洋銀行IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
