Earnings Releases·Oct 23, 2026, 8:03 AM ET

First Hawaiian, Inc. — Third Quarter 2026 Earnings Summary

Net income declined to $63.7 million ($0.52/share) from $73.4 million in the prior quarter and $73.8 million in the prior year, driven by a $20.3 million provision for credit losses (up from $5.6 million) and $29.6 million higher noninterest expenses.
Net interest income rose $3.1 million quarter-over-quarter to $174.1 million, while noninterest income fell $4.2 million to $56.1 million; the efficiency ratio deteriorated to 69.2% from 56.2% in the prior quarter.
Total assets reached $23.8 billion with total deposits increasing $50.4 million to $20.2 billion, though total loans and leases decreased $115.1 million to $14.5 billion.
The company announced preparation for the acquisition of Tri Counties Bank and declared a quarterly cash dividend of $0.26 per share; no share repurchases occurred in the quarter.
A $31.0 million income tax benefit from a 2016 corporate reorganization settlement resulted in a negative effective tax rate of -27.8%, while non-performing assets rose to $46.0 million.