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First Hawaiian Q3 Earnings Release: Margin Expansion and Loan Outlook Adjustment

The Motley Fool +1 ·

FHB
FHB First Hawaiian INC
$25.34 -3.02%
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  1. 1First Hawaiian, Inc. reported a 5 basis point increase in margins for the third quarter.
  2. 2Chief Risk Officer Lea Nakamura reported $20.3 million in provisions for the third quarter.
  3. 3Chairman Robert Harrison lowered the annual loan growth outlook.

So what's the key point?

First Hawaiian's profit margin increased by 0.05 percent. The company expects the rate of loan growth to be lower.

Source The Motley Fool +1 · View original ↗

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