HEI Reports First Quarter 2024 Results
ASB’s first quarter 2024 net income was $20.9 million, compared to $3.2 million in the fourth quarter of 2023 and $18.6 million in the first quarter of 2023.
- ASB’s first quarter 2024 net income was $20.9 million, compared to $3.2 million in the fourth quarter of 2023 and $18.6 million in the first quarter of 2023.
- Return on average assets was 0.88% for the first quarter of 2024, compared to 0.13% in the linked quarter and 0.78% in the prior year quarter.
- In the first quarter of 2024, ASB did not pay a dividend to HEI, supporting ASB’s healthy capital levels.
- HEI will conduct a webcast and conference call to review its first quarter 2024 consolidated financial results today at 10:30 a.m. Hawaii time (4:30 p.m. Eastern).