---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-126940"
form_type: "8-K"
ticker: "FHB"
cik: "0000036377"
company_name: "FIRST HAWAIIAN, INC."
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:20:04.198235+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# First Hawaiian restructures $293M AFS portfolio; projects $8.6M NII boost in 2025

## Summary
- Sold $293M lower-yielding AFS debt securities with 1.92% avg yield; realized $19.7M after-tax loss.
- Reinvested proceeds in securities yielding 5.01% (309 bps higher); avg duration 4.1 years vs 3.2 sold.
- One-time pre-tax loss of $26.2M recognized in Q4 2024; breakeven estimated at 3 years.
- Projected to increase net interest income by ~$8.6M and NIM by ~4 bps in 2025; $0.5M in Q4 2024.
- No impact on tangible equity; company remains well-capitalized under regulatory guidelines.

## SEC filing metadata
- accession: 0001104659-24-126940
- form_type: 8-K
- ticker: FHB
- cik: 0000036377
- company_name: FIRST HAWAIIAN, INC.
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36377/000110465924126940/0001104659-24-126940-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36377/000110465924126940/tm2430602d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-126940
- JSON: https://secwatch.observer/filing/0001104659-24-126940.json
- Plain text: https://secwatch.observer/filing/0001104659-24-126940.txt

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