First Hawaiian to Acquire TriCo Bancshares in All-Stock Transaction
July 13, 2026
First Hawaiian Bank’s parent company, First Hawaiian, agreed to acquire TriCo Bancshares (parent of Tri Counties Bank) in an all-stock transaction valued at approximately $2.02 billion. The deal will combine two relationship-focused bank franchises and create the sixth-largest bank headquartered in the Western United States, expanding First Hawaiian’s mainland presence in California.
- Buyers
- First Hawaiian, Inc.
- Targets
- TriCo Bancshares
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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