First Hawaiian Returns to California | Honolulu News

First Hawaiian Bank is making a major comeback to California with a $2 billion deal to acquire Tri Counties Bank’s parent company — a move that’ll restore its mainland presence after a decade-long exit. Keeping the Tri Counties name and promising no branch closures, the acquisition will make First Hawaiian the sixth-largest Western bank with $34 billion in assets. This isn’t their first rodeo in the mainland — they’ve got history in Oregon, Washington, and Idaho, and even merged with Bank of the West before becoming independent again. The deal, expected to close by end of 2026, is part of a broader banking consolidation trend, though analysts warn it may shift First Hawaiian’s risk profile — with Tri Counties shares rising and First Hawaiian’s dipping on announcement day. 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/6a836340eca345f7