AI brief of an SEC Form 8-K · First Hawaiian (FHB)

First Hawaiian Q4 net income falls to $52.5 million after $26.2 million securities loss

Mixed Impact 3 of 5 earnings Written later

First Hawaiian reported fourth-quarter 2024 net income of $52.5 million, or $0.41 per diluted share, down from $61.5 million and $0.48 in the prior quarter but up from $47.5 million and $0.37 a year earlier. The results include a $26.2 million pre-tax loss from selling $290.4 million of low-yielding securities, which the company reinvested in $291.5 million of higher-yielding securities.

Key points

  • Q4 2024 net income $52.5 million, $0.41 per diluted share, versus $61.5 million and $0.48 in Q3 2024
  • Q4 2024 included a $26.2 million pre-tax ($19.2 million after-tax) loss on the sale of securities
  • Net interest margin rose 8 basis points to 3.03%; total deposits rose $94.5 million to $20.3 billion
  • Board declared a $0.26 per share quarterly dividend payable February 28, 2025, and adopted a repurchase program of up to $100.0 million for 2025

The filing

CompanyFirst Hawaiian (FHB)
Form8-K, current report
Filed with the SECJan 31, 2025, 8:03 AM ET
Accession number0001558370-25-000565

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing 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 January 31, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.