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0 0 0 0 0 -0.00925497454881996 -0.00925497454881996 0.041184636742249
Stock impact report

First Hawaiian, Inc. Reports Fourth Quarter 2023 Financial Results and Declares Dividend

First Hawaiian, Inc. (FHB) 
Last first hawaiian, inc. earnings: 4/24 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.fhb.com/investor-relations
Company Research Source: GlobeNewswire
HONOLULU, Hawaii, Jan. 26, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today reported financial results for its quarter ended December 31, 2023. “I’m happy to report that we finished 2023 with a strong fourth quarter. Our loan balances were stable, we grew consumer and commercial deposits, and credit quality remained excellent,” said Bob Harrison, Chairman, President, and CEO. “During the fourth quarter we also took action to strengthen our balance sheet and increase our future earnings power by selling low-yielding securities. We intend to use the proceeds to reduce high-cost deposits which will increase our net interest margin and net interest income in 2024.” On January 24, 2024, the Company’s Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on March 1, 2024, to stockholders of record at the close of business on February 16, 2024.   Additionally, the Company’s Board of Dir Show less Read more
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