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. reports bank holding company developments tied to First Hawaiian Bank, its wholly owned banking subsidiary serving consumer and commercial customers across Hawaii, Guam and Saipan. News commonly covers quarterly results, loan and deposit trends, net interest margin, credit-loss provisions, regulatory capital ratios and capital returns through dividends and share repurchase authorization.
Company updates also describe the bank's product mix, including deposit accounts, commercial and industrial lending, commercial real estate and construction lending, residential real estate lending, indirect auto financing, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Leadership changes within wealth management and community support activity in its island markets also appear in recurring announcements.
First Hawaiian, Inc. (NASDAQ: FHB) plans to release its Q2 2021 financial results on July 23, 2021, before the market opens. A conference call will follow at 1:00 p.m. ET (7:00 a.m. HT) to discuss the results. Participants can join by dialing (844) 452-2942 for US/Canada or (574) 990-9846 for international attendees. A live webcast will also be available at www.fhb.com/earnings. A replay will be accessible until July 30, 2021.
First Hawaiian, Inc. (NASDAQ:FHB) reported its Q1 2021 financial results, showcasing a net income of $57.7 million or $0.44 per diluted share. The company originated $459 million in PPP loans and saw total deposits rise by $906 million (4.7%) versus the prior quarter. However, net interest income decreased to $129.2 million, down 4.5% from Q4 2020. The company declared a quarterly dividend of $0.26 per share, payable on June 4, 2021. Total assets increased to $23.5 billion as of March 31, 2021, while total loans remained unchanged at $13.3 billion.
First Hawaiian, Inc. (NASDAQ:FHB) announced key management promotions, effective May 1, 2021. Christopher L. Dods has been named Vice Chairman and Chief Operating Officer, overseeing multiple operations, while Neill Char is promoted to Executive Vice President of the Retail Banking Group. Dods brings over 14 years of experience in digital banking and marketing, having developed significant initiatives in these areas. Mitchell Nishimoto, retiring on July 1, 2021, has successfully led the Retail Banking Group for 35 years, contributing to First Hawaiian's growth to a $22.7 billion bank.
First Hawaiian, Inc. (NASDAQ: FHB) plans to release its Q1 2021 financial results on April 23, 2021, before market open. The company will conduct a conference call at 1:00 PM ET (7:00 AM Hawaii Time) to discuss the results. Participants can join by calling (844) 452-2942 (US/Canada) or (574) 990-9846 (International). A live webcast of the call will be available at www.fhb.com/earnings. The archive will be accessible later, with a telephonic replay until April 30, 2021.
First Hawaiian (NASDAQ:FHB) announced a new stock repurchase program of up to $75 million for its outstanding common stock in 2021. The buybacks will be executed through open-market purchases or negotiated transactions, depending on financial performance and market conditions. The Board of Directors retains the discretion to modify or terminate the program at any time. This initiative aims to enhance shareholder value and reflects confidence in the company's financial stability and future performance.
First Hawaiian, Inc. (NASDAQ:FHB) reported a strong fourth quarter for 2020, posting a net income of $61.7 million, or $0.47 per diluted share. This reflects a 0.9% increase in net interest income to $135.2 million. Total deposits rose by $330 million, marking a 1.7% quarter-over-quarter growth. However, the company recorded a significant provision for credit losses of $20 million, up from $5.1 million in the prior quarter. The Board declared a quarterly cash dividend of $0.26 per share, payable on March 5, 2021.
First Hawaiian, Inc. (NASDAQ: FHB) will release its fourth quarter 2020 financial results on January 22, 2021, prior to market opening. The company will host a conference call on the same day at 1:00 p.m. Eastern Time to discuss these results. Participants can access the call by dialing (844) 452-2942 for US/Canada and (574) 990-9846 internationally. A live webcast, including a slide presentation, can be viewed at www.fhb.com/earnings. A telephonic replay will be available until January 29, 2021.
First Hawaiian, Inc. (NASDAQ: FHB) will participate in the Goldman Sachs Financial Services Conference on December 8, 2020. The management team, including Chairman and CEO Robert Harrison, CFO Ravi Mallela, and Chief Risk Officer Ralph Mesick, will engage in a fireside chat at 5:00 p.m. Eastern Time. Investors can access the live webcast through the provided link, with a replay available on the investor relations website post-event. First Hawaiian, founded in 1858, is Hawaii’s oldest bank and offers a range of financial services across Hawaii, Guam, and Saipan.
First Hawaiian, Inc. (NASDAQ: FHB) announced its participation in the BofA Securities 2020 Future of Financials Virtual Conference on November 9-10, 2020. Key executives, including Robert Harrison, Ravi Mallela, and Ralph Mesick, will engage in a fireside chat on November 9 at 4:10 p.m. ET. Interested parties can access the live webcast at the provided link, with an audio archive available post-event until February 8, 2021. First Hawaiian, founded in 1858, is Hawaii’s oldest bank, offering a wide range of financial services. For more details, visit www.FHB.com.
First Hawaiian, Inc. (NASDAQ:FHB) reported solid financial results for Q3 2020, with net income of $65.1 million, or $0.50 per diluted share. Net interest income rose by 4.8% to $134 million, with a net interest margin of 2.70%. Noninterest income increased 7.1% to $48.9 million. Total assets decreased to $22.3 billion, while total deposits fell by 2.4%. The Board approved a quarterly dividend of $0.26, payable on December 4, 2020. Notably, the provision for credit losses dropped significantly to $5.1 million from $55.4 million in the previous quarter.