FIRST HAWAIIAN, INC. (FHB) announced earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $59.24 million, or $0.47 per share. This compares with $54.22 million, or $0.42 per share, last year.
Analysts on average had expected the company to earn $0.46 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.0% to $160.52 million from $154.42 million last year.
FIRST HAWAIIAN, INC. earnings at a glance (GAAP) :
-Earnings: $59.24 Mln. vs. $54.22 Mln. last year.
-EPS: $0.47 vs. $0.42 last year.
-Revenue: $160.52 Mln vs. $154.42 Mln last year.
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