First Hawaiian, Inc. and TriCo Bancshares Announce Shareholder Approvals of Acquisition

manilatimes.net · 2026-10-29

HONOLULU and CHICO, Calif., Oct. 29, 2026 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ: FHB) ('First Hawaiian'), parent company of First Hawaiian Bank, and TriCo Bancshares (NASDAQ: TCBK) ('TriCo'), parent company of Tri Counties Bank, jointly announced that they have received all required approvals from their respective stockholders and shareholders related to First Hawaiian’s acquisition of TriCo. The final voting results from each special meeting will be reported in separate Current Reports on Form 8-K to be filed by First Hawaiian and TriCo with the U.S. Securities and Exchange Commission.

TickrTrends take: TriCo Bancshares' acquisition of First Hawaiian represents a significant consolidation in the regional banking sector that could affect operational efficiency metrics and asset composition going forward. Given TickrTrends' current fairly valued assessment, investors should monitor how the combined entity's profitability ratios and cost structure evolve post-integration, as merger synergies or integration challenges could alter the valuation outlook. The deal's impact on TCBK's return on assets and capital ratios will be key indicators for whether the fairly valued status holds or requires reassessment once the merger closes.

Read the full story at manilatimes.net →