First Hawaiian, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 22, 2021 at 05:30 pm IST
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First Hawaiian, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 135.227 million compared to USD 139.619 million a year ago. Net income was USD 61.739 million compared to USD 67.836 million a year ago. Basic earnings per share from continuing operations was USD 0.48 compared to USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 0.47 compared to USD 0.52 a year ago. For the full year, net interest income was USD 535.734 million compared to USD 573.402 million a year ago. Net income was USD 185.754 million compared to USD 284.392 million a year ago. Basic earnings per share from continuing operations was USD 1.43 compared to USD 2.14 a year ago. Diluted earnings per share from continuing operations was USD 1.43 compared to USD 2.13 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. 
