Welcome to our dedicated page for First Hawaiian news (Ticker: FHB), a resource for investors and traders seeking the latest updates and insights on First Hawaiian stock.
First Hawaiian, Inc. (NASDAQ: FHB) is a bank holding company headquartered in Honolulu, Hawaii, and the parent of First Hawaiian Bank. The bank, founded in 1858 under the name Bishop & Company, is described by the company as Hawaii’s oldest and largest financial institution, with branch locations throughout Hawaii, Guam and Saipan. This news page focuses on ongoing disclosures and announcements that the company makes to the market.
News coverage for First Hawaiian, Inc. commonly includes quarterly and annual financial results, dividend declarations and information about stock repurchase programs. Earnings releases detail net interest income, noninterest income, noninterest expense, loan and deposit balances, net interest margin, credit loss provisions, asset quality metrics and capital ratios. These updates help investors follow trends in the company’s commercial banking activities and balance sheet.
In addition to financial performance, First Hawaiian, Inc. uses news releases to announce the timing of upcoming earnings reports and related conference calls, including webcasts and slide presentations. The company also issues updates on certain corporate matters, such as changes in senior leadership roles. Together, these items provide context on both operating results and corporate developments.
For users tracking FHB news, this page offers a centralized view of the company’s public announcements, from results for specific quarters to information about dividends and capital actions. Investors, analysts and others can review how First Hawaiian, Inc. describes its performance over time and how it communicates with the market about its banking operations and corporate decisions.
First Hawaiian (NASDAQ: FHB) has announced plans to release its fourth quarter 2024 financial results on Friday, January 31, 2025, before market opening. The company will host a conference call to discuss these results on the same day at 1:00 p.m. Eastern Time (8:00 a.m. Hawaii Time).
Participants wishing to access the call by phone must register through a provided link to receive dial-in details and a personalized PIN code. The company recommends joining fifteen minutes before the scheduled start time. A live webcast of the conference call, including a slide presentation, will be available on the company's website, with an archive accessible at the same location.
First Hawaiian (NASDAQ: FHB) announced that Christopher L. Dods, Vice Chairman and Chief Operating Officer, will resign effective March 31, 2025. Dods will assist with the transition through Q1 2025. Since joining in 2007, Dods has overseen various divisions including card services, marketing, digital banking, and consumer products. In 2021, he was promoted to COO with additional oversight of Enterprise Technology Management, Operations Services, Data and Analytics, and Strategy. Under his leadership, the bank achieved significant modernization and improved digital banking experiences for customers. First Hawaiian Bank, founded in 1858, operates throughout Hawaii, Guam, and Saipan as the largest financial institution in Hawaii.
First Hawaiian (NASDAQ:FHB) has completed a restructuring of its available-for-sale investment securities portfolio. The company sold $293 million of lower-yielding debt securities, resulting in an after-tax loss of $19.7 million. The proceeds were reinvested in new debt securities yielding 309 basis points higher than the sold securities.
The transaction is expected to increase net interest income by $8.6 million and net interest margin by 4 basis points in 2025, with smaller gains of $0.5 million and 1 basis point respectively in Q4 2024. The sold securities had a 1.92% weighted average yield and 3.2 years duration, while the new securities offer 5.01% yield with 4.1 years duration. The restructuring resulted in a one-time pre-tax loss of $26.2 million in Q4 2024, with an estimated 3-year breakeven period.
First Hawaiian (NASDAQ:FHB) reported Q3 2024 financial results with net income of $61.5 million, or $0.48 per diluted share. Net interest income increased to $156.7 million, with net interest margin rising 3 basis points to 2.95%. The company recorded a $7.4 million provision for credit losses. Total assets decreased 0.9% to $23.8 billion, while loans decreased 0.8% to $14.2 billion and deposits fell 0.4% to $20.2 billion. The Board declared a quarterly dividend of $0.26 per share, payable on November 29, 2024. Credit quality remained strong with non-performing assets at 0.13% of total loans.
First Hawaiian, Inc. (NASDAQ: FHB) has announced its plans to release third quarter 2024 financial results on Friday, October 25, 2024 before the market opens. The company will host a conference call to discuss these results on the same day at 1:00 p.m. Eastern Time (7:00 a.m. Hawaii Time).
To participate in the call, attendees must register through a provided link to receive dial-in information and a personalized PIN code. Participants are encouraged to dial in fifteen minutes before the scheduled start time to avoid delays. A live webcast of the conference call, including a slide presentation, will be available on the company's website. The webcast archive will also be accessible at the same location.
First Hawaiian, Inc. (NASDAQ:FHB) reported its Q2 2024 financial results, showing net income of $61.9 million, or $0.48 per diluted share. Key highlights include:
- Total loans and leases increased by $39.7 million
- Total deposits decreased by $350.6 million
- Net interest margin increased by 1 basis point to 2.92%
- $1.8 million provision for credit losses
The company declared a quarterly cash dividend of $0.26 per share, payable on August 30, 2024. Total assets decreased by 1.2% to $24.0 billion, while gross loans and leases increased by 0.3% to $14.4 billion. The efficiency ratio improved to 59.2% from 62.2% in the previous quarter.
First Hawaiian (NASDAQ: FHB) announced plans to release its second quarter 2024 financial results on July 26, 2024, before the market opens. The company will discuss the results during a conference call at 1:00 p.m. Eastern Time (7:00 a.m. Hawaii Time) on the same day. Participants can register for the call via a provided link to receive the dial-in number and PIN code. A live webcast, including a slide presentation, will also be available, with an archive of the webcast accessible afterward on the company's website.
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