First Hawaiian (FHB) Tops Q3 EPS by 1c

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Go back to First Hawaiian (FHB) Tops Q3 EPS by 1c

First Hawaiian, Inc. Reports Third Quarter 2018 Financial Results and Declares Dividend

October 25, 2018 4:05 PM EDT

Net income of $67.4 million, or $0.50 per diluted share, and core net income1 of $70.8 million, or $0.52 per diluted share1.31% return on average total assets and 1.45% core return on average tangible assets111.01% return on average total stockholders equity and 19.61% core return on average tangible stockholders equity1BNP Paribas (BNPP) completed two offerings of our common stock, and First Hawaiian repurchased 1.8 million shares at a total cost of $50 million, reducing BNPPs ownership from 48.8% to 18.4%The number of BNPP-nominated directors decreased from five to two, resulting in a majority of independent directors on the... More