First Hawaiian to acquire TriCo Bancshares in all-stock merger at 2.095 exchange ratio

Filed July 15, 2026 · Period ending July 12, 2026 · ~1 min read

Key Changes

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  First Hawaiian entered into a definitive merger agreement to acquire TriCo Bancshares. TriCo shareholders will receive 2.095 shares of FHB common stock for each TriCo share in an all-stock transaction.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  The fixed 2.095 exchange ratio means TriCo shareholders will participate in FHB stock price movements between signing and closing, with no collar or price protection mechanism disclosed.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  Four TriCo directors will join the First Hawaiian board at closing, providing TriCo representation in the combined company's governance structure.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →