First Hawaiian Bank: Hawaii/Guam

(Honolulu, Hawaii, May 1, 2007) – First Hawaiian Bank today reported 2007 first quarter earnings. Revenues were up 10.6% to $155.1 million and net quarterly earnings were up $51.4 million, a 5.7% increase over last year.

“Continued asset growth and a stable interest margin contributed to our solid performance,” said Don Horner, president and chief executive officer.

For the three months ending March 31, 2007, First Hawaiian achieved the following:

Total Revenues: increased by 10.6% to $155.1 million.
Net Income: was $51.4 million, up 5.7%.
Total Assets: reached $12.3 billion, an increase of 4.7% over the previous year assets.
Loans and Leases: were $6.3 billion, a 5.3% increase.
Deposits: were $8.9 billion, up 3.3%.

First Hawaiian Bank ($12.3 billion assets) was founded in 1858 and is Hawaii's oldest and largest bank. It has 57 branches in Hawaii, three on Guam and two on Saipan. First Hawaiian Bank’s holding company, BancWest Corporation (www.bancwestcorp.com), is a wholly owned subsidiary of BNP Paribas, a leading global financial services institution.

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