Based in beautiful Honolulu, Hawaii, First Hawaiian, Inc. (FHB) reported sequentially weaker operating results between the first quarter and second. When FHB's 1H20 operating results are compared to the overall bank average from mainland peers, it makes sense that FHB’s stock price has been a bit more painful to watch. When just looking at the debits and credits, FHB's earnings continue to deteriorate while peers have seen a bit of a floor, thus the share price underperformance.
In the first quarter, FHB generated a net profit of $0.30 per share, which was followed