First Hawaiian, Inc. (NASDAQ:FHB) Q3 2024 Earnings Conference Call October 25, 2024 1:00 PM ET
Company Participants
Kevin Haseyama – IR Manager
Bob Harrison – Chairman, President and CEO
Jamie Moses – CFO
Lea Nakamura – CRO
Conference Call Participants
David Feaster – Raymond James
Andrew Liesch – Piper Sandler
Jared Shaw – Barclays
Kelly Motta – KBW
Anthony Elian – JPMorgan
Timur Braziler – Wells Fargo Securities
Operator
Thank you for standing by, and welcome to First Hawaiian Inc’s Third Quarter 2024 Earnings Conference Call. [Operator Instructions]
I would now like to hand the call over to Investor Relations Manager, Kevin Haseyama. Please go ahead.
Kevin Haseyama
Thank you, Lateef, and thank you everyone for joining us as we review our Financial Results for the third quarter of 2024. With me today are Bob Harrison, Chairman, President and CEO; Jamie Moses, Chief Financial Officer; and Lea Nakamura, Chief Risk Officer.
We prepared a slide presentation that we will refer to in our remarks today. The presentation is available for downloading and viewing on our website at fhb.com in the Investor Relations section. During today’s call, we will be making forward-looking statements, so please refer to Slide 1 for our safe harbor statement. We may also discuss certain non-GAAP financial measures. The appendix to this presentation contains reconciliations of these non-GAAP financial measurements to the most directly comparable GAAP measurements.
And now, I’ll turn the call over to Bob.
Bob Harrison
Thank you, Kevin.
I’ll start by giving a quick overview of the local economy. The overall Hawaii economy continues to be resilient. While Maui continues its recovery for the wildfires, the rest of the states have seen relatively stable tourism numbers and a low unemployment rate.
The statewide seasonally adjusted unemployment rate for September was 2.9%, compared to the national
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