First Hawaiian Stock Earnings Reports

First Hawaiian delivered a solid Q3 2025 driven by higher net interest and noninterest income, modest share repurchases, and stable credit metrics. Net interest income rose to $169.3 million and NIM expanded to 3.19% (up 8 bps QoQ) aided by loan repricing and some one-time items; management expects continued positive NIM momentum in Q4 and modest margin improvement from the September run-rate despite two 25-bp Fed cuts (Oct and Dec). Total loans fell ~$223 million in the quarter (notably C&I and dealer floorplan paydowns), but management sees strong production in the pipeline and expects to finish the year roughly flat with year-end 2024 loan balances. Deposits increased by ~$500 million (largely public operating accounts) with a healthy 33% share of noninterest-bearing balances; management expects public deposits to moderate in Q4 and to be replaced by seasonal retail and commercial inflows. The investment portfolio is being held relatively flat after prior runoff, with re-investment activity restarted. Credit remains healthy: classified assets increased modestly (driven by a single long‑time borrower), QTD net charge-offs were $4.2 million, ACL coverage remains conservative at 117 bps of loans, and management recorded a $4.5 million provision in Q3. Capital priorities remain focused on organic loan growth, maintaining capital and liquidity, and returning capital through buybacks ( ~$74M executed of a $100M authorization so far); $26M of the current 2025 repurchase plan remains authorized. Management flagged potential local headwinds from a federal government shutdown but said they have not yet seen material credit deterioration. Cost and expense trajectory was better-than-expected and full-year operating expenses are now expected below prior guidance (~$506M).