First Hawaiian Publishes Results of 2017 Dodd-Frank Act Stress Test
October 19 2017 - 4:30PM
First Hawaiian Bank, a subsidiary of First Hawaiian, Inc.
(NASDAQ:FHB), today released the results of its 2017 Dodd-Frank Act
Stress Test (“DFAST”) in accordance with the Dodd-Frank Wall Street
Reform and Consumer Protection Act and the implementing regulations
of the Federal Deposit Insurance Corporation (the “FDIC”).
DFAST is a forward-looking exercise conducted by the FDIC and by
banks supervised by the FDIC. The exercise helps assess whether
institutions have sufficient capital to absorb losses and support
operations during adverse economic and financial market conditions
over a period of nine quarters. The projections and scenarios
presented in the report are hypothetical and should not be regarded
as forecasts of actual financial results or conditions. First
Hawaiian Bank’s DFAST results can be found on First Hawaiian’s
Investor Relations website at ir.fhb.com under Financial
Reports.
About First Hawaiian
First Hawaiian, Inc. (NASDAQ:FHB) is a bank holding company
headquartered in Honolulu, Hawaii. Its principal subsidiary,
First Hawaiian Bank, founded in 1858 under the name Bishop &
Company, is Hawaii’s oldest and largest financial institution with
branch locations throughout Hawaii, Guam and Saipan. The
company offers a comprehensive suite of banking services to
consumer and commercial customers including deposit products,
loans, wealth management, insurance, trust, retirement planning,
credit card and merchant processing services. Customers may
also access their accounts through ATMs, online and mobile banking
channels. For more information about First Hawaiian, Inc., visit
www.FHB.com
Investor Relations Contact: Kevin Haseyama(808)
525-6268khaseyama@fhb.com
Media Contact:Susan Kam(808)
525-6254skam@fhb.com
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