First Hawaiian profit reaches $73.4 million

• First Hawaiian reported second-quarter net income of $73.4 million, with diluted earnings of $0.60 per share.
• First Hawaiian shares were down 0.6% at $28.65 in premarket trading.
• The company is pursuing its all-stock acquisition of TriCo Bancshares to expand its mainland banking operations.

First Hawaiian (NASDAQ:FHB) reported second-quarter net income of $73.4 million, while diluted earnings reached $0.60 per share.

Net income increased from $67.8 million, or $0.55 per share, in the first quarter of 2026.

Loans rose $136.5 million to $14.6 billion, while deposits declined $623.2 million to $20.2 billion.

Following the announcement, First Hawaiian's share price was down 0.6% at $28.65 in premarket trading.

First Hawaiian agreed to acquire TriCo Bancshares (NASDAQ:TCBK), with shareholders receiving 2.095 First Hawaiian shares for each TriCo share.

The companies expect the combined bank to hold about $34 billion in assets, subject to approvals and closing by year-end 2026.