First Hawaiian, Inc. (NASDAQ:FHB) Q3 2023 Earnings Call Transcript

Kelly Motta: Hey, thank you guys so much for taking the follow-up. I was just hoping to get a bit more color on the expense front backing out some of the natural disaster-related expenses you called out. They were relatively flat. Just wondering as you look ahead, anything we should be keeping in mind in terms of investment that could elevate that? And maybe if you could comment on any inflationary pressures you may or may not be seeing? And how that kind of feeds into how we should be looking at expenses as we close out the year and into 2024?

James Moses: Sure. Yes, so we’re not ready to give guidance on ’24 yet, Kelly. But I would say, Q4, we would expect our expenses to be flat to down or so from Q3. So we feel pretty good about the expense run rate as it exists today from Q3 to Q4.

Robert Harrison: And this is a high season for our budget process. So we’re not looking to 2024 just yet, but thank you for the question.

Kelly Motta: Thank you so much.

Operator: And I’m not showing any further questions at this time. I’d like to turn the call back over to Kevin for any closing remarks.

Kevin Haseyama: Thanks. We appreciate your interest in First Hawaiian. And please feel free to contact me if you have any additional questions. Thanks again for joining us and have a good weekend.

Operator: Ladies and gentlemen, this does conclude today’s presentation. You may now disconnect and have a wonderful day.