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Silver Point

Thomas J. Monaco

Independent Insight Provider

Silver Point is a boutique research firm that focuses on the broader financial services sector, with a particular focus on troubled institutions globally. 

Asia Ex Japan

Equity Bottom-Up

*Hawaiian Stalwart:  Founded in 1858, First Hawaiian (FHB.US) [FHB] is Hawaiʻi’s oldest and largest financial institution. In 2019, BNP Paribas (BNP.FP) sold its stake in the 62 branch First Hawaiian Bank, which has a presence in Guam and Saipan; and*Stabilization Seen Going Forward: FHB noted a moderate increase in tourist arrivals in recent months with tourist arrivals averaging about four thousand per day. Hawaii auto floor plan loans are exhibiting a modest recovery,77% of loans are now off deferral, margins to remain flat, and costs containment.

*Hawaiian Stalwart:  Founded in 1858, First Hawaiian (FHB.US) [FHB] is Hawaiʻi’s oldest and largest financial institution. In 2019, BNP Paribas (BNP.FP) sold its stake in the 62 branch First Hawaiian Bank, which has a presence in Guam and Saipan; and*Stabilization Seen Going Forward: FHB noted a moderate increase in tourist arrivals in recent months with tourist arrivals averaging about four thousand per day. Hawaii auto floor plan loans are exhibiting a modest recovery,77% of loans are now off deferral, margins to remain flat, and costs containment.      

First Hawaiian

First Hawaiian – Over The Rainbow