First Hawaiian (FHB) Declares $0.26 Quarterly Dividend; 4.8% Yield
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First Hawaiian, Inc. Reports Fourth Quarter 2023 Financial Results and Declares Dividend
January 26, 2024 8:00 AM ESTHONOLULU, 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
