First Hawaiian Inc (FHB) Q3 2025 Earnings Call Highlights: Strong Net Income Growth Amid Loan ...

The company maintained a strong balance sheet with ample liquidity and repaid a $250 million FHLB advance. –

Total deposits increased by approximately $500 million in the third quarter, with commercial deposits rising by $135 million. –

Net interest margin (NIM) improved to 3.19%, up 8 basis points from the previous quarter, with expectations for continued positive momentum. –

The effective tax rate increased to a normalized 23.2% from the previous quarter's benefit due to a change in California tax law. –

Classified assets increased by $30.1 million due to a single borrower, although the bank is not concerned about potential losses. –

The company anticipates potential financial hardships for families due to a federal government shutdown, which could impact the local economy.

The company reported a 7% reduction in non-performing assets, indicating improved asset quality and stable credit trends. –

Net interest margin growth was lower than expected, with only a 1 basis point increase compared to the previous quarter. –