First Hawaiian, Inc. started 2025 on a strong note with an increase in net interest income and effective cost control, despite slight declines in loans and deposits. Credit quality remained solid, and noninterest income rebounded due to the absence of prior quarter's investment losses.
First Hawaiian, Inc. reported a strong fourth quarter in 2024, marked by growth in loan and deposit balances, expansion of the net interest margin, controlled expenses, and excellent credit quality. The company restructured a portion of its investment portfolio to strengthen its balance sheet and increase future earnings power.
First Hawaiian, Inc. reported a strong third quarter with net income of $61.5 million, or $0.48 per diluted share. Net interest income and noninterest income increased, expenses were well controlled, and credit quality remained excellent.
First Hawaiian, Inc. reported a net income of $61.9 million, or $0.48 per diluted share, for the second quarter of 2024. The company's performance was driven by solid revenues, disciplined expense control, and continued excellent credit quality. Total loans and leases increased by $39.7 million, while total deposits decreased by $350.6 million. The net interest margin increased by 1 basis point to 2.92%.
First Hawaiian, Inc. reported a net income of $54.2 million, or $0.42 per diluted share, for the quarter ended March 31, 2024. The company saw a slight decrease in total loans and leases, and a decrease in total deposits. The net interest margin increased by 10 basis points to 2.91%.
First Hawaiian, Inc. reported a net income of $47.5 million, or $0.37 per diluted share, for the fourth quarter of 2023. The company's loan balances were stable, and it experienced growth in consumer and commercial deposits. However, total deposits decreased, and the net interest margin also saw a slight decrease. The company sold low-yielding securities to improve future earnings.
First Hawaiian, Inc. reported a net income of $58.2 million, or $0.46 per diluted share for Q3 2023. Total deposits increased by $433.3 million, while total loans and leases decreased slightly by $30.5 million. The net interest margin was 2.86%.
First Hawaiian, Inc. reported a solid second quarter with net income of $62.4 million, or $0.49 per diluted share. Total loans and leases increased by $141.6 million, while total deposits decreased by $203.3 million. The net interest margin decreased to 2.91%.
First Hawaiian, Inc. reported solid financial results for the first quarter of 2023, with net income of $66.8 million, or $0.52 per diluted share. The company's balance sheet remained strong, and credit quality metrics were excellent. The Board of Directors declared a quarterly dividend of $0.26 per share.
First Hawaiian, Inc. reported a solid fourth quarter in 2022, with net income of $79.6 million, or $0.62 per diluted share. The company saw continued earnings growth, driven by strong loan growth and excellent credit quality. The Board of Directors declared a quarterly dividend of $0.26 per share and adopted a stock repurchase program for up to $40 million of its outstanding common stock during 2023.
First Hawaiian, Inc. reported a strong third quarter with net income increasing by over 16% from the prior quarter. The company experienced robust loan growth and maintained excellent credit quality.
First Hawaiian, Inc. reported a strong second quarter with net income of $59.4 million, or $0.46 per diluted share. Total loans and leases increased by $371.0 million, and total deposits increased by $331.0 million. The net interest margin increased to 2.60%.
First Hawaiian, Inc. reported a strong start to 2022 with good earnings, continued consumer and commercial deposit growth, and excellent credit quality. Net income was $57.7 million, or $0.45 per diluted share. Total deposits increased by $454.3 million, while total loans and leases decreased by $70.3 million.
First Hawaiian, Inc. reported a solid fourth quarter with net income of $57.0 million, or $0.44 per diluted share. The company saw strong loan growth, continued deposit growth, and excellent credit quality. The Board of Directors declared a quarterly dividend of $0.26 per share and adopted a stock repurchase program for up to $75 million of its outstanding common stock during 2022.
First Hawaiian, Inc. reported a solid performance in the third quarter of 2021, with net income of $64.3 million and total assets exceeding $25 billion for the first time. The company saw good growth in deposit balances and an increase in loan activity, while credit quality remained excellent.
First Hawaiian, Inc. reported a net income of $86.7 million for the second quarter of 2021. The financial performance was driven by the strong return of tourism and pickup in the local economy. The company recorded a $35.0 million negative provision for credit losses and repurchased $22.4 million of stock under the share repurchase program.
First Hawaiian, Inc. reported a good first quarter with a net income of $57.7 million, supported local businesses by originating $459 million of PPP loans, experienced strong deposit growth, and maintained excellent credit quality.
First Hawaiian, Inc. reported a strong Q4 2020, with net income at $61.7 million, or $0.47 per diluted share. The company saw increases in net interest income and noninterest income, a decrease in noninterest expense, and an increase in total deposits. However, the company recorded a $20.0 million provision for credit losses.
First Hawaiian, Inc. reported a net income of $65.1 million for the third quarter of 2020, with an increase in net interest income and noninterest income compared to the prior quarter. The company's net interest margin also increased, reflecting improved financial performance.
First Hawaiian, Inc. reported net income of $20.0 million, or $0.15 per diluted share, for the second quarter of 2020. The results were impacted by the COVID-19 pandemic and lower interest rates.
First Hawaiian, Inc. reported a net income of $38.9 million, or $0.30 per diluted share, for the first quarter of 2020. Loan balances increased by $169 million, and deposit balances increased by $575 million compared to the prior quarter. The net interest margin was 3.12%.
First Hawaiian, Inc. reported a strong fourth quarter with net income of $67.8 million, or $0.52 per diluted share, and core net income of $71.3 million, or $0.54 per diluted share. The company saw excellent profitability measures, loan growth, and reduced deposit costs, while maintaining excellent credit quality.