First Hawaiian (FHB) Tops Q3 EPS by 4c

First Hawaiian (NASDAQ: FHB) reported Q3 EPS of $0.57, $0.04 better than the analyst estimate of $0.53. Revenue for the quarter came in at $0 versus the consensus estimate of $194.94 million.

“The bank had another solid performance in the third quarter. Our earnings were driven by excellent credit quality and continued prudent expense management,” said Bob Harrison, Chairman, President and Chief Executive Officer. “During the quarter we continued to improve the quality of our balance sheet as we sold over $400 million of shared national credits and reduced public time deposits, enabling us to increase the size of our stock repurchase program.”

For earnings history and earnings-related data on First Hawaiian (FHB) click here.

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