earnings
confidence high
sentiment positive
materiality 0.60
First Hawaiian Q4 net income $79.6M, EPS $0.62; NIM +22bps; $40M buyback authorized
FIRST HAWAIIAN, INC.
2022-FY EPS reported
$2.08
revenue$793,074,000
- Net income $79.6M (diluted EPS $0.62) vs $69.0M ($0.54) in Q3 2022.
- Net interest margin expanded 22 bps to 3.15%; loans grew $391.6M, deposits down $402.7M.
- Efficiency ratio improved to 51.5% from 54.0%; ROATA 1.34%, ROATCE 25.93%.
- Declared $0.26/share dividend payable March 3, 2023; $40M stock repurchase program for 2023.
- CET1 ratio 11.82%; credit quality excellent with $3.0M provision expense.