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Jeff Auxier Comments on Central Pacific Financial Corp

- By Holly LaFon

Located in Hawaii, Central Pacific (CPF) has been able to consistently improve key performance indicators including net interest income, net interest margin, return on equity and efficiency ratio. Hawaii saw a banner year with visitor expenditures of $18 billion, up 6.8% over 2017.

From Jeff Auxier (Trades, Portfolio)'s first-quarter 2019 Auxier Focus Fund shareholder letter.
This article first appeared on GuruFocus.