Every material Form 8-K First Hawaiian filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
First Hawaiian, Inc. said Vice Chairman and Chief Operating Officer Christopher L. Dods submitted his resignation from the company and First Hawaiian Bank on December 20, 2024, effective March 31, 2025. The filing does not name a successor, and the company said Dods will work with management through the first quarter of 2025 to ensure a smooth transition.
Resignation submitted December 20, 2024; effective March 31, 2025
Dods held the positions of Vice Chairman and Chief Operating Officer at both the company and First Hawaiian Bank
Dods will continue working with management through the first quarter of 2025 for a transition
CEO Bob Harrison thanked Dods and cited his role in modernizing the bank and its digital experience
First Hawaiian reported third-quarter 2024 net income of $61.5 million, or $0.48 per diluted share, against $61.9 million in the prior quarter and $58.2 million a year earlier. Net interest income rose 2.5% from the prior quarter to $156.7 million, but the provision for credit losses increased to $7.4 million from $1.8 million, and noninterest expense rose $4.1 million. The Board also declared a quarterly dividend of $0.26 per share, payable November 29, 2024.
Net income $61.5 million, or $0.48 per diluted share, versus $61.9 million and $0.48 in Q2 2024 and $58.2 million and $0.46 in Q3 2023
Net interest income $156.7 million, up $3.9 million from the prior quarter; net interest margin 2.95%, up 3 basis points
Provision for credit losses $7.4 million, versus $1.8 million in the prior quarter; total deposits down $91.1 million to $20.2 billion
Quarterly dividend of $0.26 per share declared October 23, 2024, payable November 29, 2024 to holders of record on November 18, 2024
First Hawaiian, Inc. increased its board from nine to ten members and appointed Tertia M. Freas as a director, effective October 15, 2024, filling the new seat. She also joined the Audit Committee and the board of First Hawaiian Bank, the company's wholly owned subsidiary. The filing describes this as a routine board addition with no employment relationship and no related-party transactions beyond ordinary-course bank loans.
Board expanded from nine to ten directors; Tertia M. Freas appointed effective October 15, 2024
Freas appointed to the Audit Committee and the board of First Hawaiian Bank, effective October 15, 2024
One-time restricted stock unit award valued at $36,446 under the standard non-employee director arrangement
Freas previously spent over 20 years as an audit partner at Deloitte & Touche LLP and has been executive director of The Clarence T.C. Ching Foundation since January 2015
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.
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
First Hawaiian reported first-quarter 2024 net income of $54.2 million, or $0.42 per diluted share, up from $47.5 million, or $0.37 per share, in the fourth quarter of 2023 but down from $66.8 million, or $0.52 per share, a year earlier. The company also declared a quarterly dividend of $0.26 per share, payable May 31, 2024, and reported total deposits down $663.2 million from the prior quarter.
Net income $54.2 million, $0.42 per diluted share, versus $0.37 in Q4 2023 and $0.52 in Q1 2023
Net interest margin rose 10 basis points to 2.91%; net interest income $154.4 million, up 1.7% from prior quarter
Total deposits fell $663.2 million to $20.7 billion; noninterest expense $128.8 million, down $13.5 million
Board declared $0.26 per share dividend on April 24, 2024; payable May 31 to holders of record May 20; no shares repurchased in Q1
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every First Hawaiian filing is on SEC EDGAR ↗. 8-K briefs of other companies →