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7/13/2026

First Hawaiian Is Acquiring TriCo Bancshares to Build the Sixth Largest Western US Bank

The community banking consolidation wave just produced one of its most strategically significant deals of the year. First Hawaiian, Inc. (Nasdaq: FHB), parent company of Hawaii’s oldest and largest financial institution, announced today it has entered into a definitive agreement to acquire TriCo Bancshares (Nasdaq: TCBK), parent company of California-based Tri Counties Bank, in an all-stock transaction. The deal creates a combined institution with approximately $34 billion in assets and positions it as the sixth largest bank headquartered in the Western United States.

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