Quarterly ResultJul 24, 2026, 08:05 AM
First Hawaiian Q2 Net Income $73.4M, EPS $0.60; Declares $0.26 Dividend
AI Summary
First Hawaiian, Inc. reported strong financial results for the second quarter of 2026, with net income rising to $73.4 million and diluted EPS reaching $0.60. The company's net interest margin improved to 3.25% and its efficiency ratio decreased to 56.2%. The Board of Directors also declared a quarterly cash dividend of $0.26 per share, payable on August 28, 2026. The CEO highlighted the strength of their business model and mentioned the announced acquisition of Tri Counties Bank as a move to create long-term shareholder value.
Key Highlights
- Net income increased to $73.4 million in Q2 2026 from $67.784 million in Q1 2026.
- Diluted earnings per share rose to $0.60 in Q2 2026 from $0.55 in Q1 2026.
- Board of Directors declared a quarterly cash dividend of $0.26 per share.
- Net interest margin increased 6 basis points to 3.25% in Q2 2026.
- Total loans and leases increased by $136.5 million versus the prior quarter.
- Total deposits decreased by $623.2 million versus the prior quarter.
- Efficiency ratio improved to 56.2% in Q2 2026 from 57.8% in Q1 2026.
- Common Equity Tier 1 Capital Ratio increased to 13.27% from 13.12%.
Price Impact
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