First Hawaiian Q2 net income $61.9 million, $0.48 per share, up from Q1 but down from a year earlier
First Hawaiian reported second-quarter 2024 net income of $61.9 million, or $0.48 per diluted share, up from $54.2 million, or $0.42, in the first quarter and down from $62.4 million, or $0.49, in the second quarter of 2023. Net interest income fell 1.0% from the prior quarter to $152.9 million, while noninterest expense dropped $6.7 million to $122.1 million, and total deposits declined $350.6 million to $20.3 billion. The company also declared a quarterly dividend of $0.26 per share and did not repurchase any shares in the quarter.
Key points
- Net income $61.9 million, $0.48 per diluted share, versus $54.2 million, $0.42 in Q1 2024 and $62.4 million, $0.49 in Q2 2023
- Net interest income $152.9 million, down $1.6 million from Q1 2024; net interest margin rose 1 basis point to 2.92%
- Noninterest expense $122.1 million, down $6.7 million from Q1 2024; total deposits $20.3 billion, down $350.6 million from March 31, 2024
- Quarterly dividend of $0.26 per share, payable August 30, 2024, to holders of record on August 19, 2024; no shares repurchased in the quarter
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 26, 2024.
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.