tiprankstipranks
First Hawaiian Restructures Portfolio to Boost Income
Company Announcements

First Hawaiian Restructures Portfolio to Boost Income

First Hawaiian ( (FHB) ) has provided an announcement.

Pick the best stocks and maximize your portfolio:

First Hawaiian, Inc. has restructured its investment portfolio by selling $293 million of lower-yielding securities, resulting in a $19.7 million after-tax loss. The proceeds were reinvested into higher-yielding securities, expected to boost net interest income by $8.6 million in 2025 and improve margins. Despite the one-time pre-tax loss of $26.2 million, the company remains well-capitalized, with no impact on tangible equity.

For an in-depth examination of FHB stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyFirst Hawaiian completes investment portfolio restructuring
TheFlyFirst Hawaiian price target raised to $27 from $25 at Barclays
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App