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First Hawaiian: 2Q Earnings Snapshot

HONOLULU (AP) _ First Hawaiian Inc. (FHB) on Thursday reported second-quarter profit of $72.4 million.

The Honolulu-based bank said it had earnings of 54 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The bank holding company posted revenue of $222.6 million in the period. Its revenue net of interest expense was $194.4 million, which did not meet Street forecasts.

First Hawaiian shares have climbed 16% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $26.09, a decrease of roughly 7% in the last 12 months.


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