First Hawaiian, Inc. reported a solid Q2 2026, with net income of $73.4 million and diluted EPS of $0.60 on $231.27 million in revenue, while enjoying a net interest income of $171.0 million and a 3.25% net interest margin. The bank’s loans rose to $14.6 billion as deposits declined to $20.2 billion, with asset quality remaining stable and capital metrics improving, including a CET1 ratio of 13.27% and tier 1 leverage of 9.46%. The company also announced a quarterly cash dividend of $0.26 per share, payable August 28, 2026. Management reiterated its strategic move to expand mainland operations via the all-stock acquisition of TriCo Bancshares, expected to close by year-end 2026, with the combined franchise projected to hold about $34 billion in assets. In equity research, Piper Sandler raised its price target on First Hawaiian to $29 with a Neutral rating, while noting execution risks from the TriCo acquisition but an expected roughly 6% earnings accretion once integrated. Following the results, First Hawaiian’s shares traded modestly lower in premarket trading, reflecting typical post-earnings volatility.