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) has appointed Vanessa Washington, a former Senior Executive VP and General Counsel at Bank of the West, to its Board of Directors. With over 25 years of experience in regulated industries, particularly financial services and REITs, her expertise in legal, governance, and risk mitigation is expected to strengthen First Hawaiian’s leadership. CEO Bob Harrison welcomed her insights as beneficial for the company's ongoing success. This strategic addition underscores the company's commitment to enhancing its governance and operational capabilities.
First Hawaiian, Inc. (NASDAQ: FHB) plans to release its third quarter 2020 financial results on October 23, 2020, before the market opens. The company will host a conference call at 1:00 p.m. Eastern Time to discuss these results. Participants can join the call by dialing (844) 452-2942 for U.S./Canada or (574) 990-9846 for international attendees, using conference ID: 5358159. A live webcast will be available at www.fhb.com/earnings.
First Hawaiian, Inc. (NASDAQ:FHB) reported Q2 2020 net income of $20.0 million, or $0.15 per diluted share, amidst the COVID-19 pandemic. The bank secured over $940 million in PPP loans for small businesses and increased total loans by 2.9% to $13.8 billion. However, net interest income fell by 7.8% to $127.8 million, with a NIM decline to 2.58%. A provision for credit losses was recorded at $55.4 million. The Board declared a quarterly cash dividend of $0.26 per share, payable on September 4, 2020.
First Hawaiian, Inc. (NASDAQ: FHB) is set to release its Q2 2020 financial results on July 24, 2020, before market opening. A conference call will be held the same day at 1:00 p.m. ET to discuss the results. Participants can join by dialing (844) 452-2942 (US/Canada) or (574) 990-9846 (International) with conference ID: 4496063. A live webcast will also be available at www.fhb.com/earnings. The call's replay will be accessible until July 31, 2020.
First Hawaiian, Inc. (NASDAQ: FHB) announced its participation in the 2020 Wells Fargo Virtual Financial Services Investor Forum scheduled for May 20-21. The company's leadership team, including Chairman Robert Harrison, CFO Ravi Mallela, and Chief Risk Officer Ralph Mesick, will engage in a fireside chat on May 21 at 1:30 p.m. Eastern Time. Investors can access the live audio webcast through a provided link, with an archive available for 30 days post-event. First Hawaiian is the oldest and largest financial institution in Hawaii, offering a wide range of banking services.