First Hawaiian Merges with TriCo | Honolulu News

First Hawaiian Bank is merging with TriCo Bancshares in a blockbuster all-stock deal that will create the sixth-largest bank in the Western U.S., combining $34 billion in assets and deep roots in both Hawaii and California. TriCo shareholders will receive 2.095 shares of First Hawaiian for each share owned, valued at about $63.12 per share based on July 10 pricing. The merger aims to expand First Hawaiian’s mainland presence while preserving local market strength — with First Hawaiian owning 65% and TriCo shareholders holding 35% of the new entity. Both CEOs emphasize shared values and customer-focused growth, and TriCo’s flagship brand, Tri Counties Bank, will retain its name with no branch closures planned. Meanwhile, First Hawaiian reported a strong Q2 2026 net income of $73.4 million, up from the prior quarter, with full results due later this month. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/108244100180053a