Business Context and Reporting Period
Company: FIRST HAWAIIAN, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: October 17, 2016
Event: Disclosure of 2016 Dodd-Frank Act Stress Test (DFAST) results for First Hawaiian Bank, a subsidiary of the registrant.
Key Financial Metrics
This filing does not contain specific financial figures such as revenue, profit, cash flow, margins, debt, or liquidity ratios. The document serves as a notification that DFAST results have been published on the company's website under the "Investor Relations" section. The results reflect the FDIC's "Supervisory Severely Adverse" hypothetical economic scenario.
Material Changes
No material changes to financial performance or position are detailed in this text. The filing solely announces the availability of stress test results required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Guidance, Outlook, and Risks
Management Commentary: The filing states that the DFAST results are available online and were generated based on the FDIC's prescribed severely adverse scenario.
Risks and Contingencies: The filing notes that the information is furnished pursuant to Item 7.01 (Regulation FD Disclosure) and is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, limiting liability under that section.
Investor Verification Checklist
- Verify the specific capital adequacy ratios and stress test outcomes by visiting the First Hawaiian website (www.fhb.com) under Investor Relations.
- Review the FDIC's "Supervisory Severely Adverse" scenario details to understand the hypothetical conditions used in the stress test.
- Confirm that no other material events were reported in this specific 8-K filing beyond the DFAST disclosure.