FIRST HAWAIIAN, INC. reported results for the second quarter of 2026 with total revenue of $231.3M, net income of $73.4M and diluted EPS of $0.6, with revenue up 6.4% year over year while net income was essentially flat versus the year‑ago quarter.
Financial Highlights
- Revenue: $231.3M for Q2 2026, vs $217.5M in the year‑ago quarter; YoY change 6.4%.
- Net income: $73.4M for Q2 2026, vs $73.2M in the year‑ago quarter; YoY change 0.2%.
- Diluted EPS: $0.60 for Q2 2026, vs $0.58 in the year‑ago quarter; YoY change 3.4%.
Business Highlights
- Net interest income increased, with a 5% sequential rise and a reported net interest margin of 3.25%, aided by lower deposit funding costs.
- Loan growth was 2%, driven by commercial real estate, commercial & industrial (C&I) and consumer lending; the firm deployed investment securities into loans.
- Retail presence remained stable across Hawaii, Guam and Saipan, supported by steady tourism demand.
- Efficiency improved with an efficiency ratio of 56.17%; the company invested in technology, contracted services and staffing to support operations.
- Liquidity remained strong and allowance for credit losses was maintained; management emphasized focused underwriting, monitoring and segment realignment to manage credit risk.
Original SEC Filing:
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