StockWatch
·
Major Banks
Quarterly ResultOct 23, 2026, 08:11 AM

First Hawaiian Q3 Net Income $63.7M; Declares $0.26 Dividend

AI Summary

First Hawaiian, Inc. reported its third quarter 2026 financial results, with net income of $63.7 million, or $0.52 per diluted share. Total loans and leases saw a slight decrease, while total deposits increased. The company's net interest margin improved. The results include merger-related costs and a provision for credit losses, partly due to a single CRE loan charge-off. The Board of Directors declared a quarterly cash dividend of $0.26 per share.

Key Highlights

  • Net income of $63.7 million, or $0.52 per diluted share, for Q3 2026.
  • Total loans and leases decreased $115.1 million to $14.5 billion.
  • Total deposits increased $50.4 million to $20.2 billion.
  • Net interest margin increased 5 basis points to 3.30%.
  • Recorded a $20.3 million provision for credit losses, including a $12.5 million partial charge-off.
  • Board declared a quarterly cash dividend of $0.26 per share, payable November 27, 2026.