First Hawaiian (FHB) Declares $0.26 Quarterly Dividend; 4.8% Yield

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Go back to First Hawaiian (FHB) Declares $0.26 Quarterly Dividend; 4.8% Yield

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

January 26, 2024 8:00 AM EST

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.

Im 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... More