---
schema_version: "secwatch.filing_event.v1"
accession: "0000354707-23-000016"
form_type: "8-K"
ticker: "HE"
cik: "0000354707"
company_name: "HAWAIIAN ELECTRIC INDUSTRIES INC"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T14:46:17.197988+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# HEI 2022 net income $241.1M ($2.20 EPS); dividend raised to $0.36 quarterly

## Summary
- Full-year 2022 net income $241.1M ($2.20 EPS) vs $246.2M ($2.25 EPS) in 2021; Q4 net income $57.3M ($0.52 EPS)
- Hawaiian Electric net income $188.9M, up 6.4% YoY, driven by PBR mechanisms and ARA/MPIR revenues
- American Savings Bank net income $80.0M, down 21% YoY as 2021 had pandemic reserve releases; loans grew 15%
- Quarterly dividend increased to $0.36 from $0.35, payable March 10, 2023 to holders of record Feb 23, 2023

## SEC filing metadata
- accession: 0000354707-23-000016
- form_type: 8-K
- ticker: HE
- cik: 0000354707
- company_name: HAWAIIAN ELECTRIC INDUSTRIES INC
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354707/000035470723000016/0000354707-23-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46207/000035470723000016/he-20230214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000354707-23-000016
- JSON: https://secwatch.observer/filing/0000354707-23-000016.json
- Plain text: https://secwatch.observer/filing/0000354707-23-000016.txt

## Key facts
- Earnings Releases
  HAWAIIAN ELECTRIC INDUSTRIES INC reported full year 2022 results: net income $241.1 million, EPS $2.20.
  - Period: full year 2022
  - Net income: $241.1 million
  - EPS: $2.20
  - Result: reported results
  source text: HEI REPORTS 2022 RESULTS Full Year Net Income of $241.1 million and Diluted Earnings Per Share (EPS) of $2.20
  evidence_url: https://www.sec.gov/Archives/edgar/data/354707/000035470723000016/0000354707-23-000016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.