MAITE, Guam—Forbes magazine issued yesterday its annual America’s 100 Largest Bank List and First Hawaiian Bank, Hawaii’s largest bank, came in ranked at No. 9.
FHB is the only Hawaii bank that made it into the top 10 rank.
This is the first time FHB has been eligible to participate in this Forbes bank ranking since it became a public company following its initial public offering in August 2016.
“We are very proud to represent the state of Hawaii, Guam and Saipan as one of the top 10 banks in the country,” said Bob Harrison, FHB chairman and chief executive officer. “Our performance is a testament to the hard work and dedication of our employees who make First Hawaiian the best bank for our customers.”
Forbes ranks the 100 largest U.S. banks and thrifts based on 10 metrics that measure a bank’s growth, profitability, capital adequacy and asset quality.
The list, which evaluates the strength of a bank, contains total assets, return on average tangible equity, return on average assets, net interest margin, efficiency ratio and net charge-offs as a percent of total loans. To see the complete list visit: https://www.forbes.com/sites/kurtbadenhausen/2018/01/10/full-list-ranking-americas-100-largest-banks-2018/#67d2b42d3109
FHB (www.FHB.com) was founded in 1858 as Bishop & Co. and today is Hawaii’s leading bank offering a comprehensive suite of banking services to consumer and commercial customers, including deposit products, lending, wealth management, insurance, private banking and trust services. The bank operates 57 branches in Hawaii, three on Guam and two on Saipan. First Hawaiian, Inc., the parent company of FHB, is the largest publicly traded company based in Hawaii. (PR)