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First Hawaiian to acquire TriCo Bancshares in merger

PUBLIC · FHBOct 16, 2026

Acquiring Company

First Hawaiian

Acquired Company

TriCo Bancshares

HonoluluFinancial ServicesFinanceLendingBanking

Description

First Hawaiian has agreed to acquire TriCo Bancshares in an all-stock merger valued at approximately USD 2.0 billion. TriCo shareholders will receive 2.095 shares of First Hawaiian for each share of TriCo Bancshares. The merger will create a combined banking franchise with around USD 34 billion in assets. Shareholder and regulatory approvals are needed for the merger to proceed.

Company Information

Company

First Hawaiian

Location

Honolulu, Hawaii, United States

About

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 oldest and 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.

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Frequently asked

Who acquired TriCo Bancshares?

TriCo Bancshares was acquired by First Hawaiian, based in Honolulu. The deal was reported on October 16, 2026. First Hawaiian, Inc. (NASDAQ: FHB) is a bank holding company headquartered in Honolulu, Hawaii. First Hawaiian is publicly traded (FHB).

When did First Hawaiian acquire TriCo Bancshares?

First Hawaiian's acquisition of TriCo Bancshares was reported on October 16, 2026. First Hawaiian has agreed to acquire TriCo Bancshares in an all-stock merger valued at approximately USD 2.0 billion. TriCo shareholders will receive 2.095 shares of First Hawaiian for each share of TriCo Bancshares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TriCo Bancshares do?

TriCo Bancshares is a financial holding company headquartered in Chico, California. It provides a range of banking services through its subsidiaries. It is publicly traded (TCBK), operating in Financial Services.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.