Hawaii

Bank of Hawaii will serve Japanese citizens looking to conduct business in the United States.

A planned stock offering by the French banking giant would lower its stake in First Hawaiian to 49.9%.

The $17 billion-asset Bank of Hawaii reported higher profits on rising interest income, even as it saw yearly declines in mortgage banking and deposit fee income, as well as losses on investment securities.

The Honolulu bank reported strong loan growth in the fourth quarter, but one-time charges related to the new tax law suppressed its profit.

Hawaiian Tel Federal Credit Union and Hawaiian Airlines FCU have merged to provide members greater branch access, additional services, higher dividends and more.

Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan.

Hawaii's booming economy contributed to the Honolulu bank's 10% increase in loans and 9% increase in deposits in the third quarter.

The French company will still have a majority stake after selling 25 million shares.

The Honolulu company plans to sell off more shares still owned by BNP Paribas and BancWest.

Bank of Hawaii expanded lending for residential mortgages and commercial real estate, boosting its third-quarter profit.

American Savings, No. 59 in the overall ranking, is No. 9 in the category for banks with $3 billion to $10 billion of assets.

First Hawaiian is going the way of Citizens Financial, spinning off from its foreign parent and becoming a stand-alone company. But don't expect big changes anytime soon.

BNP Paribas, France's largest bank, raised $485 million from the sale of a stake in First Hawaiian after fetching prices at the top of the marketed range.

First Hawaiian Bank in Honolulu expects to raise up to $558 million in an initial public offering after its parent BNP Paribas Group decided to spin off the unit rather than sell it.

Bank of Hawaii in Honolulu reported higher quarterly profit that reflected deposit growth.

Hawaiian Electric Industries has nixed a plan to spin off its American Savings Bank subsidiary after utility regulators rejected Hawaiian Electric’s sale to an out-of-state energy company.

First Hawaiian Bank in Honolulu will be spun off rather than sold.

Bank of Hawaii in Honolulu said Monday that its first-quarter profit increased 18.3%, to $50.2 million, from a year earlier thanks to strong loan growth, improved credit quality and a hefty gain on sales of its Visa shares.

Bank executives have faced relentless questions about their energy-sector exposure during fourth-quarter earnings calls this month, as oil has bobbed above and below $30 a barrel. They are taking more drastic actions to contain losses, but it still might not be enough.

Bank of Hawaii in Honolulu said Monday that its fourth-quarter profit rose 3.98% to $42.8 million from a year earlier as loan growth offset lower fee income.