First Hawaiian Inc
FHB
ISIN US32051X1081 / Valor 33260134
First Hawaiian Inc
UMushroom community rating:
About company
First Hawaiian Inc, the largest bank in Hawaii, offers a wide range of financial services to personal, private, and business banking customers. With a solid reputation for exceptional service and smart solutions, the company, through its principal subsidiary First Hawaiian Bank, provides deposit products, lending services, wealth management, insurance, private banking, and trust services. Founded in 1858, First Hawaiian Bank has 51 branches throughout Hawaii, three in Guam, and two in Saipan, catering to both consumer and commercial clients. Led by Chairman, President, and CEO Robert S. Harrison, the company is consistently ranked in the top tier of all U.S. banks, providing a level of financial security that instills confidence in its customers.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (20.08.2024):
Net Income
First Hawaiian Inc. reported a net income of $61.9 million for the second quarter of 2024, translating to $0.48 per diluted share. This reflects a strong financial performance driven by solid revenues and disciplined expense control.
Net Interest Income
For the second quarter of 2024, First Hawaiian Inc.'s net interest income was $152.9 million, a slight decrease of $1.6 million compared to the previous quarter. The net interest margin saw a minor increase of 1 basis point, reaching 2.92%.
Noninterest Income
First Hawaiian Inc. recorded noninterest income of $51.8 million in the second quarter of 2024, marking a small increase of $0.4 million from the prior quarter. This growth in noninterest income contributed positively to the overall financial results.
Provision for Credit Losses
During the second quarter of 2024, First Hawaiian Inc. recorded a provision for credit losses amounting to $1.8 million. This is a significant reduction from the $6.3 million provision recorded in the first quarter of 2024, indicating improved credit quality.
Dividends
On July 24, 2024, First Hawaiian Inc.'s Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend is scheduled to be payable on August 30, 2024, to stockholders of record as of August 19, 2024.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3329 M
Market cap (USD)
70,819
Daily traded volume (Shares)
26.04 / 25.69
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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