First Hawaiian Declares $0.26 Quarterly Dividend, Reports Strong Q1 Results
First Hawaiian, Inc., a Hawaii-based regional bank, declared a quarterly cash dividend of $0.26 per share on April 22, 2026. The dividend is payable May 29 to shareholders of record as of May 18.
First Hawaiian, Inc. (NASDAQ: FHB), a Hawaii-based regional bank, declared a quarterly cash dividend of $0.26 per share on April 22, 2026. The dividend is payable May 29 to shareholders of record as of May 18. Read more dividend announcements.
The board approved the dividend alongside the company's first quarter earnings announcement. First Hawaiian reported net income of $67.8 million, or $0.55 per diluted share, for the three months ended March 31, 2026.
| Dividend Details | |
|---|---|
| Amount | $0.26 per share |
| Record Date | May 18, 2026 |
| Payment Date | May 29, 2026 |
| Frequency | Quarterly |
First Quarter Financial Performance
Total loans and leases increased $128.3 million versus the prior quarter to reach $14.4 billion as of March 31, 2026. Total deposits rose $261.7 million to $20.8 billion during the same period.
Net interest income for the first quarter was $167.5 million, down $2.8 million from the prior quarter's $170.3 million. The net interest margin compressed 2 basis points to 3.19% from 3.21% in the previous quarter.
The company recorded a $5.0 million provision for credit losses during the quarter, down from $7.7 million in the prior quarter. Noninterest income totaled $52.8 million, a decrease of $2.7 million compared to the fourth quarter of 2025.
Noninterest expense rose $2.8 million to $127.9 million in the first quarter. The efficiency ratio increased to 57.8% from 55.1% in the prior quarter. Total assets stood at $24.3 billion as of March 31, 2026, up from $24.0 billion at year-end 2025.
Chairman, President, and CEO Bob Harrison noted the bank is supporting recovery efforts following recent floods in Hawaii and Typhoon Sinlaku's impact on Guam and Saipan.