HONOLULU (AP) — HONOLULU (AP) — First Hawaiian Inc. (FHB) on Friday reported first-quarter profit of $54.2 million.
The bank, based in Honolulu, said it had earnings of 42 cents per share.
The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 42 cents per share.
The bank holding company posted revenue of $296.3 million in the period. Its revenue net of interest expense was $205.8 million, surpassing Street forecasts. Three analysts surveyed by Zacks expected $202.4 million.
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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
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