HONOLULU (AP) _ First Hawaiian Inc. (FHB) on Tuesday reported fourth-quarter net income of $67.8 million.
The Honolulu-based bank said it had earnings of 52 cents per share. Earnings, adjusted for non-recurring costs, were 54 cents per share.
The bank holding company posted revenue of $208.8 million in the period. Its revenue net of interest expense was $186.3 million, which fell short of Street forecasts.
For the year, the company reported profit of $284.4 million, or $2.13 per share. Revenue was reported as $765.9 million.
First Hawaiian shares have declined slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $28.81, an increase of roughly 9% in the last 12 months.