First Hawaiian Q1 2023 Earnings Report
Key Takeaways
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.
Net income was $66.8 million, or $0.52 per diluted share.
Total loans and leases increased $129.3 million versus prior quarter.
Total deposits decreased $407.5 million versus prior quarter.
Net interest margin decreased 4 basis points to 3.11%.
First Hawaiian
First Hawaiian
Forward Guidance
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current views with respect to, among other things, future events and our financial performance.