Business
First Hawaiian, Inc. Reports Third Quarter 2025 Financial Results and Declares Dividend
HONOLULU, Hawaii, Oct. 24, 2025 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today reported financial results
About this update from First Hawaiian, Inc.
[{"type":"text","content":"HONOLULU, Hawaii, Oct. 24, 2025 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today reported financial results for its quarter ended September 30, 2025. “I’m pleased to report that the third quarter was another period of market-leading performance for First Hawaiian Bank,” said Bob Harrison, Chairman, President, and CEO. “These strong results reflect how well our teams and operations work together to deliver outstanding financial performance and the personalized service our customers expect and deserve.” On October 22, 2025, the Company’s Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on November 28, 2025, to stockholders of record at the close of business on November 17, 2025. Third Quarter 2025 Highlights: Net income of $73.8 million, or $0.59 per diluted shareTotal loans and leases decreased $222.5 million versus prior quarterTotal deposits increased $498.1 million versus prior quarterNet interest margin increased 8 basis points to 3.19%Recorded a $4.5 million provision for credit lossesBoard of Directors declared a quarterly dividend of $0.26 per share Balance Sheet Total assets were $24.1 billion at September 30, 2025 versus $23.8 billion at June 30, 2025. Gross loans and leases were $14.1 billion as of September 30, 2025, a decrease of $222.5 million from $14.4 billion as of June 30, 2025. Total deposits were $20.7 billion as of September 30, 2025, an increase of $498.1 million from June 30, 2025. Net Interest Income Net interest income for the third quarter of 2025 was $169.3 million, an increase of $5.7 million, or 3.5%, compared to $163.6 million for the prior quarter. The net interest margin was 3.19% in the third quarter of 2025, an increase of 8 basis points compared to 3.11% in the prior quarter. Provision Expense During both the quarters ended September 30, 2025 and June 30, 2025, we recorded a $4.5 million provision for credit losses. Noninterest Income Noninterest income was $57.1 million in the third quarter of 2025, an increase of $3.1 million compared to noninterest income of $54.0 million in the prior quarter. Noninterest Expense Noninterest expense was $125.7 million in the third quarter of 2025, an increase of $0.8 million compared to noninterest expense of $124.9 million in the prior quarter. The efficiency...