American Savings Bank Reports Third Quarter 2026 Net Income of $29.0 million, or $0.45 per Diluted Share and Declares Dividend
Key Highlights
- ➤Net income $29.0 million, up 45.2% year over year
- ➤Net interest margin 3.61%, up 15 basis points year over year
- ➤$0.27 per-share cash dividend declared, payable November 20, 2026
- ➤Initial public offering completed, marking ASB’s first results as a public company
- ➤Nonaccrual loans $12.6 million, up from $8.4 million quarter-over-quarter
Expert Statements
Ann Teranishi, President and Chief Executive Officer of American Savings Bank, N.A.
“We reached an important milestone in the third quarter with the completion of our initial public offering and are pleased to report results for the first time as a public company. This achievement reflects our teammates’ hard work and dedication to supporting our customers and communities every day. We are proud to build on more than 100 years of serving Hawaii with a straightforward, reliable business model. Our results demonstrate the strength of our franchise, with quarter-over-quarter margin expansion, improved efficiency, and stronger earnings and capital ratios.”
American Savings Bank Reports Third Quarter 2026 Net Income of $29.0 million, or $0.45 per Diluted Share and Declares Dividend
American Savings Bank, N.A. (NYSE: ASBH) (“ASB” or the “Bank”) today reported financial results for the quarter ended September 30, 2026. Highlights for the Third Quarter Net Income Diluted Earnings per Share Net Interest Income Net Interest Margin (NIM) Cost of Deposits Efficiency Ratio Book Value per Share(1) $29.0 million $0.45 $76.4 million 3.61% 0.68% 60.6% $10.64 $29.6 million as adjusted $0.46 as adjusted Executive Commentary “We reached an important milestone in the third quarter with the completion of our initial public offering and are pleased to report results for the first time as a public company,” said Ann Teranishi, president and chief executive officer. “This achievement reflects our teammates’ hard work and dedication to supporting our customers and communities every day. We are proud to build on more than 100 years of serving Hawaii with a straightforward, reliable business model. Our results demonstrate the strength of our franchise, with quarter-over-quarter margin expansion, improved efficiency,
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