First Hawaiian, Inc. and TriCo Bancshares have announced that they have received all required approvals from their respective stockholders regarding First Hawaiian’s acquisition of TriCo. The companies held special meetings on October 29, 2026, to vote on the proposed transaction.
At First Hawaiian’s virtual special meeting, a proposal to approve the issuance of First Hawaiian common stock as merger consideration for TriCo stockholders was approved. A total of 96,090,624 shares were represented at the meeting, representing approximately 79.0% of the total outstanding shares entitled to vote. The proposal passed with 95,918,417 votes in favor, 118,718 votes against, and 39,341 abstentions.
According to the joint press release accompanying the filing, the transaction is expected to close later in 2026, subject to the satisfaction of remaining customary closing conditions. First Hawaiian, headquartered in Honolulu, Hawaii, is the parent company of First Hawaiian Bank, founded in 1858. TriCo Bancshares, headquartered in Chico, California, is the parent company of Tri Counties Bank, established in 1975.