First Hawaiian, Inc. Reports Consolidated Financial Results for Fourth Quarter and Full Year Ended December 31, 2018
January 25, 2019 at 02:40 am IST
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First Hawaiian, Inc. reported consolidated financial results for fourth quarter and full year ended December 31, 2018. For the quarter, the company reported net interest income of $143,985,000 against $134,886,000 for the same period a year ago. Net income was $59,995,000 against $11,684,000 for the same period a year ago. Basic earnings per share were $0.44 against $0.08 for the same period a year ago.
For the year, the company reported net interest income of $566,318,000 against $528,804,000 for the same period a year ago. Net income was $264,394,000 against $183,682,000 for the same period a year ago. Basic earnings per share were $1.93 against $1.32 for the same period a year ago.
First Hawaiian, Inc. is a bank holding company. The Company's principal subsidiary is First Hawaiian Bank. The Company offers a comprehensive suite of banking services to consumer and commercial customers. Its segments include Retail Banking, Commercial Banking, and Treasury and Other. The Retail Banking segment includes the financial products and services it provides to consumers and small businesses. Its loan and lease products offered include residential and commercial mortgage loans, automobile loans and leases, and small business loans and leases. Its deposit products offered include checking, savings and time deposit accounts. The Retail Banking segment also includes its wealth management services. The Commercial Banking segment includes its corporate banking related products, residential and commercial real estate loans, commercial lease financing, secured and unsecured lines of credit, automobile loans and auto dealer financing, business deposit products and credit cards.
FIRST HAWAIIAN, INC. 
