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Sep 30, 2022
First Hawaiian Q3 2022 Earnings Report
Net income increased, loan growth was robust, and credit quality remained excellent.
Key Takeaways
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.
Net income was $69.0 million, or $0.54 per diluted share.
Total loans and leases increased $437.6 million versus prior quarter
Total deposits decreased $509.7 million versus prior quarter
Net interest margin increased 33 basis points to 2.93%