First Hawaiian Q2 2023 Earnings Report
Key Takeaways
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%.
Net income reached $62.4 million, translating to $0.49 per diluted share.
Total loans and leases saw an increase of $141.6 million compared to the previous quarter.
Total deposits experienced a decrease of $203.3 million compared to the prior quarter.
Net interest margin decreased by 20 basis points, settling at 2.91%.
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.