Central Pacific Financial Corp., the parent company of Honolulu-based Central Pacific Bank, reported net income of $14.3 million, or 48 cents per diluted share, for the first quarter of 2018, an increase of 9.1 percent compared to last year’s first quarter earnings.
CPB’s net income for last year’s comparable period was $13.1 million, or 42 cents per diluted share.
“It was a strong quarter in terms of growth and net income,” CPB CEO Catherine Ngo told Pacific Business News. “But if…
