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Central Pacific Financial: 1Q Earnings Snapshot

HONOLULU (AP) _ Central Pacific Financial Inc. (CPF) on Wednesday reported first-quarter earnings of $16 million.

The Honolulu-based bank said it had earnings of 55 cents per share.

The operator of Central Pacific Bank posted revenue of $64.8 million in the period. Its revenue net of interest expense was $56.8 million, which beat Street forecasts.

Central Pacific Financial shares have climbed 21 percent since the beginning of the year. The stock has declined roughly 3 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPF at https://www.zacks.com/ap/CPF