American Savings Bank shared its earnings for the third quarter, showing a profit of $29 million, up 6.7%.

Oct 30, 2026, 2:38 PM ETResultsRead the original at Benzinga

Good for ASBH

American Savings Bank earned $29 million, up 6.7% from the prior quarter, as margins widened and deposit costs fell. Deposits and total assets shrank, and underlying costs rose, but profit growth and stronger lending margins make the quarter favorable overall.

ASBH · American Savings Bank

AI read · Good for ASBH

The AI's read

Wider lending margins and lower deposit costs helped lift profit, and improved efficiency added support. Average loan balances also grew, though total loans and deposits ended lower. Noninterest income fell, and costs rose after one-time items are removed. Hawaii also faces storm damage and high oil prices. Still, profit growth and stronger lending margins make the quarter favorable overall.

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