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Dec 31, 2024
First Hawaiian Q4 2024 Earnings Report
Reported strong Q4 2024 results with growth in loans and deposits and net interest margin expansion.
Key Takeaways
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.
Total loans and leases increased by $166.9 million versus the prior quarter.
Total deposits increased by $94.5 million versus the prior quarter.
Net interest margin increased 8 basis points to 3.03%.
Recorded a $0.8 million negative provision for credit losses.
First Hawaiian
First Hawaiian
First Hawaiian Revenue by Segment
Forward Guidance
The Company did not provide forward guidance in the earnings report.