Oct 30, 4:30 PM ET
First Hawaiian stockholders approved issuing common stock as merger consideration to TriCo Bancshares shareholders at a virtual special meeting on October 29, 2026. The vote was 95,918,417 for and 118,718 against, so no adjournment was needed. Completion still depends on remaining customary closing conditions, and the companies expect the transaction to close later in 2026.
- Votes for: 95,918,417; against: 118,718; abstentions: 39,341; broker non-votes: 14,148
- 96,090,624 shares were represented at the meeting, about 79.0% of shares entitled to vote
- Special meeting held virtually on October 29, 2026; TriCo shareholders also approved the deal the same day
- Closing remains subject to remaining customary conditions; expected later in 2026
Read the filing on SEC.gov ↗
Oct 23, 8:03 AM ET
First Hawaiian reported third-quarter 2026 net income of $63.7 million, or $0.52 per diluted share, down from $73.4 million, or $0.60, in the prior quarter and from $73.8 million, or $0.59, a year earlier. Results included a $24.3 million noninterest expense tied to an agreement to settle tax liabilities from the 2016 corporate reorganization, offset by a $31.0 million income tax benefit, plus a $20.3 million credit loss provision and $6.7 million of merger-related costs. The board declared a $0.26 quarterly dividend.
- Net income $63.7 million, $0.52 per diluted share, versus $0.60 in the June 30, 2026 quarter and $0.59 a year earlier
- Net interest income rose $3.1 million to $174.1 million, while noninterest income fell $4.2 million to $56.1 million
- Provision for credit losses was $20.3 million, including a $12.5 million partial charge-off on a single commercial real estate loan
- Quarterly dividend of $0.26 per share, payable November 27, 2026, to holders of record on November 16, 2026
Read the filing on SEC.gov ↗
Jul 24, 8:03 AM ET
First Hawaiian reported second quarter 2026 net income of $73.4 million, or $0.60 per diluted share, up from $67.8 million, or $0.55 per share, in the first quarter and essentially flat with $73.2 million a year earlier. The company also declared a $0.26 quarterly dividend and said it did not repurchase any shares in the quarter.
- Net income $73.4 million vs. $67.8 million in Q1 2026; diluted EPS $0.60 vs. $0.55
- Net interest margin rose 6 basis points to 3.25%; net interest income $171.0 million
- Total deposits fell $623.2 million to $20.2 billion; loans and leases rose $136.5 million to $14.6 billion
- Quarterly dividend of $0.26 per share payable August 28, 2026, to holders of record August 17, 2026
Read the filing on SEC.gov ↗
Jul 15, 4:23 PM ET
On July 12, 2026, First Hawaiian, Inc. signed a merger agreement with TriCo Bancshares, under which TriCo will merge into a First Hawaiian subsidiary and then into First Hawaiian, followed by a bank merger of Tri Counties Bank into First Hawaiian Bank. TriCo shareholders will receive 2.095 First Hawaiian shares for each TriCo share, so the deal would dilute existing First Hawaiian shareholders and depends on shareholder, regulatory and registration approvals.
- Exchange ratio: each TriCo common share converts into 2.095 First Hawaiian common shares, with cash paid in lieu of fractional shares
- Termination fee of $80 million payable by either party in certain circumstances
- Four TriCo directors will join the First Hawaiian board at the effective time
- Closing requires stockholder and shareholder approvals, Federal Reserve, FDIC and state regulatory approvals, and effectiveness of a Form S-4 registration statement
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
