Welcome to our dedicated page for Hawaiian Electri news (Ticker: HAWEN), a resource for investors and traders seeking the latest updates and insights on Hawaiian Electri stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hawaiian Electri's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hawaiian Electri's position in the market.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Hawaiian Electric Industries, Inc. (HEI) is set to announce its first quarter 2023 financial results on May 9, 2023. The company will hold a conference call at 10:15 a.m. Hawaii time to discuss consolidated earnings and 2023 guidance. American Savings Bank, a subsidiary of HEI, will report its results on April 28, 2023. Investors can access the call through a dial-in number or by visiting HEI's website. The replay of the call will be available online for an extended period after the event. HEI, along with Hawaiian Electric, aims to keep investors informed via its website and SEC filings. The company plays a crucial role in Hawaii's economy, providing energy and financial services while focusing on sustainable initiatives.
Summary not available.
Hawaiian Electric Industries (HEI) reported a consolidated net income of $241.1 million for 2022, with a diluted EPS of $2.20, down from $246.2 million and $2.25 in 2021. The utility achieved strong financials amid regulatory changes and inflation challenges, including the transition to a coal-free energy source. The quarterly dividend increased to $0.36 per share. Notably, American Savings Bank (ASB) saw a significant 15% growth in loans, despite a net income drop to $80 million from $101.2 million. The bank's credit quality remained strong with the lowest net charge-off ratio since 2014.