First Hawaiian, Inc. Vice Chairman Alan Arizumi to Retire After Over 40 Years of Service

Alan Arizumi will retire from First Hawaiian Bank after over 40 years, with Michael Tottori succeeding him in wealth management.

Quiver AI Summary

First Hawaiian, Inc. announced the retirement of Alan Arizumi, vice chairman of First Hawaiian and First Hawaiian Bank, effective April 3, 2026, after over 40 years with the company. Arizumi has been a significant leader within the bank, contributing across various sectors including wealth management, risk management, and corporate banking. His departure was noted by CEO Bob Harrison, who praised Arizumi's dedication and influence within the organization. Michael Tottori, currently an executive vice president, will take over leadership of the wealth management group, bringing a wealth of experience and a commitment to client relationships. First Hawaiian Bank, established in 1858, remains Hawaii's largest financial institution, offering a wide range of banking services.

Potential Positives

Alan Arizumi's retirement is framed positively, highlighting over 40 years of significant contributions to the company, which may enhance the company's reputation and attract future talent.
The promotion of Michael Tottori to lead the wealth management group signals a smooth transition and continuity in leadership, showcasing the company’s commitment to internal talent development.
First Hawaiian Bank remains positioned as Hawaii's largest financial institution, reinforcing its strong market presence and stability in the banking sector.

Potential Negatives

Alan Arizumi's retirement may raise concerns about leadership stability within First Hawaiian, as he has been a key figure in the company for over 40 years.
The transition of leadership to Michael Tottori could lead to uncertainty among clients and investors who may question the continuity of the wealth management strategy.
Without a detailed succession plan articulated in the release, stakeholders may wonder about the bank's future direction and potential impact on its performance.

FAQ

Who is retiring from First Hawaiian, Inc.?

Alan Arizumi, vice chairman of First Hawaiian, Inc. and First Hawaiian Bank, is retiring effective April 3, 2026.

What contributions did Alan Arizumi make to First Hawaiian Bank?

Arizumi was instrumental in leadership roles, particularly in wealth management, and served on the senior management committee.

Who will succeed Alan Arizumi in wealth management?

Michael Tottori will take over responsibility for the wealth management group following Arizumi's retirement.

When did Alan Arizumi join First Hawaiian Bank?

He joined First Hawaiian Bank in 1983 and has served for over 40 years.

What services does First Hawaiian Bank offer?

First Hawaiian Bank provides banking services including loans, wealth management, insurance, and mobile banking access.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$FHB Insider Trading Activity

$FHB insiders have traded $FHB stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.

Here’s a breakdown of recent trading of $FHB stock by insiders over the last 6 months:

ALAN ARIZUMI (VICE CHAIR) has made 0 purchases and 2 sales selling 43,026 shares for an estimated $1,090,793.
CRAIG SCOTT WO has made 0 purchases and 4 sales selling 2,000 shares for an estimated $54,290.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$FHB Revenue

$FHB had revenues of $199.7M in Q4 2025. This is an increase of 6.14% from the same period in the prior year.

You can track FHB financials on Quiver Quantitative's FHB stock page.

$FHB Hedge Fund Activity

We have seen 175 institutional investors add shares of $FHB stock to their portfolio, and 139 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MANUFACTURERS LIFE INSURANCE COMPANY, THE removed 1,940,822 shares (-25.4%) from their portfolio in Q4 2025, for an estimated $49,102,796
AQR CAPITAL MANAGEMENT LLC added 1,514,465 shares (+68.6%) to their portfolio in Q4 2025, for an estimated $38,315,964
ALLIANCEBERNSTEIN L.P. removed 1,455,237 shares (-42.1%) from their portfolio in Q4 2025, for an estimated $36,817,496
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,097,769 shares (-77.6%) from their portfolio in Q4 2025, for an estimated $27,773,555
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 971,255 shares (-7.1%) from their portfolio in Q4 2025, for an estimated $24,572,751
JPMORGAN CHASE & CO removed 722,749 shares (-31.2%) from their portfolio in Q4 2025, for an estimated $18,285,549
UBS GROUP AG added 719,312 shares (+176.0%) to their portfolio in Q4 2025, for an estimated $18,198,593

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$FHB Analyst Ratings

Wall Street analysts have issued reports on $FHB in the last several months. We have seen 0 firms issue buy ratings on the stock, and 2 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Underweight" rating on 12/16/2025
Barclays issued a "Underweight" rating on 10/27/2025

To track analyst ratings and price targets for $FHB, check out Quiver Quantitative's $FHB forecast page.

$FHB Price Targets

Multiple analysts have issued price targets for $FHB recently. We have seen 5 analysts offer price targets for $FHB in the last 6 months, with a median target of $28.0.

Here are some recent targets:

Matthew Clark from Piper Sandler set a target price of $27.0 on 02/02/2026
Anthony Elian from JP Morgan set a target price of $29.0 on 02/02/2026
Janet Lee from TD Cowen set a target price of $28.0 on 01/07/2026
Jared Shaw from Barclays set a target price of $28.0 on 11/11/2025
Kelly Motta from Keefe, Bruyette & Woods set a target price of $29.0 on 10/28/2025

Full Release

HONOLULU , Feb. 23, 2026 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ: FHB) (“First Hawaiian” or the “Company”) announced today that Alan Arizumi, vice chairman of First Hawaiian, Inc. and First Hawaiian Bank, will retire effective April 3, 2026, following more than 40 years of service.

“Alan has been a key member of our senior management team and has made lasting contributions to First Hawaiian Bank,” said Bob Harrison, chairman, president and CEO. “His leadership across multiple areas of the bank reflects the breadth of his experience and his commitment to developing people and serving our communities.”

Arizumi joined First Hawaiian Bank in 1983 and has served on the senior management committee since 2009. He has led the wealth management group since 2013 and previously held senior leadership roles in risk management, business and card services, and across consumer, commercial and corporate banking.

“As I reflect on my career, I am filled with gratitude for the opportunities and relationships that shaped my journey,” Arizumi said. “It has been a privilege to work alongside so many outstanding colleagues and to contribute to an institution with such a proud history. I leave with great confidence in First Hawaiian Bank's continued success.”

Executive Vice President Michael Tottori will assume responsibility for the wealth management group and join the senior management committee. Tottori began his career with First Hawaiian Bank in 1989 and returned in 2005 after gaining private client investment experience on the mainland. Since then, he has advanced through a series of leadership roles within wealth advisory, guiding the division's strategic growth, including overseeing the transition of FHB's broker-dealer platform to Raymond James Financial. He was promoted to division manager in 2020 and to executive vice president in 2024.

“Mike brings extensive experience and a proven record of growth to this role,” Harrison added. “He understands the importance of strong client relationships and is committed to the communities we serve. His leadership and alignment with our culture position him well to lead First Hawaiian Bank’s Wealth Management Group.”

First Hawaiian, Inc.
First Hawaiian, Inc. (NASDAQ: FHB) is a bank holding company headquartered in Honolulu, Hawaii. Its principal subsidiary, First Hawaiian Bank, founded in 1858 under the name Bishop & Company, is Hawaii’s largest financial institution with branch locations throughout Hawaii, Guam, and Saipan. The company offers a comprehensive suite of banking services to consumer and commercial customers including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Customers may also access their accounts through ATMs, online and mobile banking channels. For more information about First Hawaiian, Inc., visit the Company’s website, www.fhb.com .

Investor Relations Contact:
Kevin Haseyama, CFA
(808) 525-6268
[email protected]

Media Contact:
Lindsay Chambers
(808) 525-6254
[email protected]

Photos accompanying this announcement are available at:
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