secwatch.observer — SEC 8-K summary
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Issuer:     HAWAIIAN ELECTRIC INDUSTRIES INC (HE)
CIK:        0000354707
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0000354707-23-000016
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354707/000035470723000016/0000354707-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46207/000035470723000016/he-20230214.htm
  HTML page:      https://secwatch.observer/filing/0000354707-23-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer