Quarterly ResultApr 24, 2026, 08:02 AM
First Hawaiian Reports Q1 2026 Net Income of $67.8M, EPS $0.55
AI Summary
First Hawaiian, Inc. reported strong first-quarter 2026 financial results, with net income of $67.8 million, or $0.55 per diluted share. The company saw good growth in total loans and leases, increasing by $128.3 million, and total deposits, up by $261.7 million. Despite a slight decline in net interest margin to 3.19%, credit quality remained excellent with a $5.0 million provision for credit losses and a decrease in non-performing assets. The Board of Directors also declared a quarterly cash dividend of $0.26 per share.
Key Highlights
- Net income was $67.8 million, or $0.55 per diluted share.
- Total loans and leases increased by $128.3 million to $14.4 billion.
- Total deposits grew by $261.7 million to $20.8 billion.
- Net interest margin declined 2 basis points to 3.19%.
- Quarterly cash dividend of $0.26 per share declared.