First Hawaiian: 1Q Earnings Snapshot

HONOLULU (AP) _ First Hawaiian Inc. (FHB) on Thursday reported first-quarter earnings of $69.9 million.

The bank, based in Honolulu, said it had earnings of 52 cents per share. Earnings, adjusted for non-recurring costs, came to 53 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 53 cents per share.

The bank holding company posted revenue of $219.6 million in the period. Its revenue net of interest expense was $192.2 million, falling short of Street forecasts.

First Hawaiian shares have increased 19 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $26.82, a decline of 5 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FHB at https://www.zacks.com/ap/FHB