secwatch.observer — SEC 8-K summary
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Issuer:     FIRST HAWAIIAN, INC. (FHB)
CIK:        0000036377
Form:       8-K
Filed at:   2022-09-02T23:59:59+00:00
Accession:  0001104659-22-097477
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Hawaiian Q2 net income $59.4M, EPS $0.46; NIM up 18 bps to 2.60%
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- Net income $59.4M, diluted EPS $0.46; efficiency ratio improved to 57.3% from 59.0% QoQ.
- Total loans and leases grew $371M to $13.3B; total deposits grew $331M to $22.6B with cost of deposits at 0.08%.
- Net interest margin expanded 18 bps to 2.60%; balance sheet positioned to benefit from rising rates with 39% of loans repricing within 90 days.
- Excellent credit quality: NPAs+90s/Loans+OREO at 0.39%, reserves/loans at 1.07%, and record low net charge-offs.
- Well-capitalized with CET1 ratio 11.98%; declared $0.26/share dividend and repurchased 0.3M shares in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36377/000110465922097477/0001104659-22-097477-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36377/000110465922097477/tm2225043d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-097477

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