Trade First Hawaiian Inc - FHB CFD

First Hawaiian Company profile

About First Hawaiian Inc

First Hawaiian, Inc. is a bank holding company that owns First Hawaiian Bank (the Bank), The Company's segments include Retail Banking, Commercial Banking, and Treasury and Other. The Retail Banking segment offers a range of financial products and services to consumers and small businesses. Loan and lease products offered includes residential and commercial mortgage loans, home equity lines of credit, personal lines of credit, small business loans and leases. Deposit products offered includes checking, savings, and time deposit accounts. The Commercial Banking segment offers products that include corporate banking, commercial real estate loans, commercial lease financing, automobile loans and auto dealer financing, business deposit products and credit card. The Treasury and Other segment consists of corporate asset and liability management activities including interest rate risk management. Through the Bank, it operates a network of approximately 54 branches in Hawaii, Guam and Saipan.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, First Hawaiian Inc interest income decreased 6% to $549.3M. Net interest income after loan loss provision increased 6% to $569.6M. Net income increased 43% to $265.7M. Net interest income after loan loss provision reflects Commercial Banking segment increase from $79.4M to $185.4M, Retail Banking segment increase of 18% to $401.9M.