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First Hawaiian Bank reports increase in first quarter profit.

Global Banking News-28 April 2009-First Hawaiian Bank reports increase in first quarter profit(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 28 April 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

According to the Associated Press, First Hawaiian Bank, owned by BNP Paribas (BNPP.PA), has reported that its first quarter profits have increased.

The bank said that its first quarter profit has increased by 3.1 percent. The company said that it earned USD52.9m, excluding a one-time leveraged lease portfolio tax gain of USD21.6m. Total gains of the company was claimed to be 33 percent more than the same quarter last year.

The bank also said that deposits increased by six percent to USD9.5bn, while loans and leases increased by 17 percent to USD8bn.

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Publication:Global Banking News (GBN)
Date:Apr 28, 2009
Words:156
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