First Hawaiian, Inc. Reports Fourth Quarter 2023 Financial Results and Declares Dividend
Net income of $47.5 million, or $0.37 per diluted share
- Net income of $47.5 million, or $0.37 per diluted share
Total assets were $24.9 billion at December 31, 2023 and September 30, 2023. - Net interest income for the fourth quarter of 2023 was $151.8 million, a decrease of $5.4 million, or 3.4%, compared to $157.1 million for the prior quarter.
- The net interest margin was 2.81% in the fourth quarter of 2023, a decrease of 5 basis points compared to 2.86% in the prior quarter.
- Noninterest income was $58.3 million in the fourth quarter of 2023, an increase of $12.3 million compared to noninterest income of $46.1 million in the prior quarter.