HONOLULU (AP) _ First Hawaiian Inc. (FHB) on Friday reported third-quarter net income of $65.1 million.
The bank, based in Honolulu, said it had earnings of 50 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.
The bank holding company posted revenue of $190.8 million in the period. Its revenue net of interest expense was $182.9 million, also beating Street forecasts.
First Hawaiian shares have decreased 42% since the beginning of the year. The stock has declined 40% in the last 12 months.
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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