State Coverage: Hawaii
Territorial of Hawaii Reports 16% Profit Jump in 2011
American Banker | Feb 03Driven by strong growth in both interest and fee income, Territorial Bancorp Inc. in Honolulu reported a 6% increase in its fourth-quarter earnings, to $3.4 million.
Bank of Hawaii's Earnings Fall on Shrinking Mortgage, Debit Revenue
American Banker | Jan 23Bank of Hawaii in Honolulu said Monday that 4Q earnings fell 3.4% from a year earlier, to $39.2M, as a decline in credit costs and higher net interest income could not offset a steep drop in fee income.
Central Pacific Reports Third Straight Quarterly Profit
American Banker | Oct 28Central Pacific Financial Corp., which lost more than $364 million in 2009 and 2010, has now made money in three straight quarters as the Honolulu company continues to shed problem assets.
Bank of Hawaii Beats Estimates as Credit Improves
American Banker | Oct 24Bank of Hawaii Corp. in Honolulu posted third-quarter earnings of 92 cents a share, nine cents more than the average expectation of analysts.
First Hawaiian Bank's CEO is Set to Retire
American Banker | Sep 20The biggest bank in Hawaii is set to have a new chief executive.
Debit Fee Settlement Dings Bank of Hawaii 2Q Results
American Banker | Jul 25Bank of Hawaii in Honolulu reported that its earnings fell nearly 25% from a year earlier, to $35.1 million, as it paid out $9 million to settle a class-action lawsuit.
Bank of Hawaii to Pay $9 Million to Settle Overdraft Suit
American Banker | Jul 19Bank of Hawaii in Honolulu has agreed to pay $9M to settle a class-action lawsuit in which it was accused of improperly charging overdraft fees on debit card transactions.
Hawaiian Banks' Comeback Plans Leave Out Mainland This Time
American Banker | May 17The stories of Bank of Hawaii and Central Pacific Financial tell you everything you need to know about the troubled past and hopeful signs for the future of banking in Hawaii.
Better Credit Aids Bank of Hawaii
American Banker | Apr 18Bank of Hawaii Corp. in Honolulu said Monday that its first-quarter earnings rose 4.4% from a year earlier, to $42.4 million.
Central Pacific Placement Approved
American Banker | Feb 21Central Pacific Financial Corp. in Honolulu has received approval from regulators to complete a much-needed $325 million capital injection.
Bank of Hawaii Reports Strong 4Q
American Banker | Jan 24Bank of Hawaii Corp. in Honolulu said Monday that its fourth-quarter earnings were up slightly from a year earlier, to $40.6 million, or 84 cents a share.
Lending Lifts First Hawaiian
American Banker | Jan 23First Hawaiian Bank said Friday that its fourth-quarter earnings rose 4% year over year, to $50.2 million. For the full year loans at the Honolulu company grew 3.3%.
Central Pacific in Deal with Treasury
American Banker | Dec 20Central Pacific in Honolulu said Monday that it renegotiated its stock conversion rate with the Treasury Department related to its $135M in Troubled Asset Relief Program funds.
Central Pacific Lands PE Funds
American Banker | Nov 05The private-equity commitments that Central Pacific Financial Corp. of Honolulu touted in its Nov. 2 earnings release have been finalized.
Hawaii Bank Closing In on PE Infusions
American Banker | Nov 02Central Pacific Financial said in a press release Tuesday that it has been working with a private-equity investor for a $98M infusion and "is in the process of seeking to finalize ...
