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Nasdaq Welcomes First Hawaiian, Inc. (Nasdaq: FHB) to The Nasdaq Stock Market

NEW YORK, Aug. 04, 2016 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (Nasdaq:FHB), parent of First Hawaiian Bank, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. This marks the first IPO from the Aloha State since 2012.

Founded in 1858 as Bishop & Co., First Hawaiian Bank is Hawaii's oldest and largest bank. Consistently ranked in the top tier of all U.S. banks, First Hawaiian is a full-service bank providing personal, private and business banking services including equipment leasing, automobile financing, mortgage and commercial lending, merchant services, trust, insurance, wealth management and retirement planning.

"With today's event, we return to our roots as a public company traded on Nasdaq, where First Hawaiian's predecessor holding company was previously listed from 1974 until 1998," said First Hawaiian Chairman and CEO Robert Harrison. "Our senior management team knows that we stand on the shoulders of our employees past and present. Our mahalos go out to our 2,100 employees, as well as to our customers in Hawaii, Guam and Saipan who trust us with their business every day."

“Since their founding over 150 years ago, the people of First Hawaiian Bank have firmly dedicated themselves to the service of their clients – delivering great ideas and banking solutions,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “As a company that also values ambition, Nasdaq is proud that First Hawaiian Bank has chosen to join our family of the world’s most admired companies. We look forward to their continued growth and success following today’s initial public offering.”

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

About Nasdaq:

Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of approximately $9.3 trillion and nearly 18,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.

Media Relations Contacts:
William Briganti
(646) 441-5012
william.briganti@nasdaq.com

Emily Pan
(646) 441-5120
emily.pan@nasdaq.com

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Source:NASDAQ, Inc.