4 th Quarter 2024 Earnings Call January 31, 2025 0 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current views with respect to, among other things, future events and our financial performance. These statements are often, but not always, made through the use of words or phrases such as "may", "might", "should", "could", "predict", "potential", "believe", ...

EXHIBIT 99.1 For Immediate Release First Hawaiian, Inc. Reports Fourth Quarter 2024 Financial Results and Declares Dividend On January 29, 2025, the Company's Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on February 28, 2025, to stockholders of record at the close of business on February 14, 2025. Additionally, the Company's Board of Directors adopted a stock repurchase program for up to $100.0 million of its outstanding common stock during 2025. Fou ...

Core Insights - First Hawaiian, Inc. reported strong financial results for Q4 2024, with growth in loan and deposit balances, an expanded net interest margin, controlled expenses, and excellent credit quality [2][12]. Financial Performance - Total assets reached $23.8 billion as of December 31, 2024, unchanged from the previous quarter [5]. - Gross loans and leases increased by $166.9 million, or 1.2%, to $14.4 billion [5]. - Total deposits rose by $94.5 million, or 0.5%, to $20.3 billion [5]. - Net interest income for Q4 2024 was $158.8 million, up $2.0 million, or 1.3%, from the prior quarter [6]. - The net interest margin improved to 3.03%, an increase of 8 basis points from 2.95% in the previous quarter [6]. Credit Quality - The company recorded a negative provision for credit losses of $0.8 million in Q4 2024, compared to a provision of $7.4 million in the prior quarter [7][12]. - The allowance for credit losses was $160.4 million, or 1.11% of total loans and leases, down from 1.15% in the previous quarter [11]. Noninterest Income and Expenses - Noninterest income decreased to $29.4 million in Q4 2024, down $23.9 million from $53.3 million in the prior quarter, primarily due to a $26.2 million loss on the sale of investment securities [8][12]. - Noninterest expense was $124.1 million, a decrease of $2.0 million from $126.1 million in the prior quarter [9]. Capital Management - The Board of Directors declared a quarterly cash dividend of $0.26 per share, payable on February 28, 2025 [2]. - A stock repurchase program was adopted for up to $100 million of outstanding common stock during 2025 [3][16]. - The company repurchased 1.5 million shares at a total cost of $40 million in Q4 2024, with an average cost of $27.14 per share [15]. Efficiency and Ratios - The efficiency ratio for Q4 2024 was 65.5%, compared to 59.8% in the prior quarter [9]. - The effective tax rate was 18.9%, down from 19.6% in the previous quarter [10]. - Return on average total assets was 0.88%, while return on average tangible stockholders' equity was 12.78% [24].

First Hawaiian (FHB) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 31, 2025, might help the stock move higher if these key numbers are better th ...

HONOLULU, Jan. 10, 2025 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ: FHB) announced today that it plans to release its fourth quarter 2024 financial results on Friday, January 31, 2025 before the market opens. First Hawaiian will host a conference call to discuss the company’s results on the same day at 1:00 p.m. Eastern Time (8:00 a.m. Hawaii Time). To access the call by phone, participants will need to click on the following registration link: https://register.vevent.com/register/BI80003c73e95b445aa5 ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 9:Gain Therapeutics, Inc. (GANX) : This biotechnology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.Gain Therapeutics' shares gained 23.9% over the last three months compared with the S&P 500’s advanced of 2.2%. The company possesses a Momentum Score of B.First Hawaiian, Inc. (FHB) : This bank holding com ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, December 27:TDK Corporation (TTDKY) : This electronic component company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 77.8% the last 60 days.This Zacks Rank #1 company has a dividend yield of 1.1%, compared with the industry average of 0.0%.Fresenius Medical Care AG (FMS) : This dialysis service provider has witnessed the Zacks Consensus Estimate for its current year e ...

HONOLULU, Dec. 26, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB), ("First Hawaiian" or the "Company") announced today that Christopher L. Dods, Vice Chairman and Chief Operating Officer of First Hawaiian, Inc and First Hawaiian Bank, has submitted his resignation effective March 31, 2025. He will continue to work with the management team through the first quarter of 2025 to ensure a smooth transition of his responsibilities. Chris Dods joined First Hawaiian Bank in 2007 in the Card Services Div ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-14585 FIRST HAWAIIAN, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 99-0156159 (State or Other ...

First Hawaiian, Inc. (NASDAQ:FHB) Q3 2024 Earnings Conference Call October 25, 2024 1:00 PM ET Company Participants Kevin Haseyama - IR Manager Bob Harrison - Chairman, President and CEO Jamie Moses - CFO Lea Nakamura - CRO Conference Call Participants David Feaster - Raymond James Andrew Liesch - Piper Sandler Jared Shaw - Barclays Kelly Motta - KBW Anthony Elian - JPMorgan Timur Braziler - Wells Fargo Securities Operator Thank you for standing by, and welcome to First Hawaiian Inc's Third Quarter 2024 Ear ...