Mar 31, 2020

First Hawaiian Q1 2020 Earnings Report

Financial results for the quarter ended March 31, 2020, were reported.

Key Takeaways

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%.

Net income of $38.9 million, or $0.30 per diluted share

Loan balances increased $169 million, or 1.3%, versus prior quarter

Deposits balances increased $575 million, or 3.5% versus the prior quarter

Net interest margin (“NIM”) was 3.12%

Total Revenue
$188M
Previous year: $192M
-2.2%
EPS
$0.3
Previous year: $0.53
-43.4%
Efficiency Ratio
51.33%
Tier 1 Leverage Ratio
8.63%
CET1 Capital Ratio
11.65%
Gross Profit
$181M
Previous year: $185M
-2.4%
Cash and Equivalents
$1.05B
Previous year: $618M
+70.4%
Total Assets
$20.8B
Previous year: $20.4B
+1.5%

First Hawaiian

First Hawaiian