HONOLULU--(BUSINESS WIRE)--American Savings Bank, F.S.B. (ASB), a wholly owned subsidiary of Hawaiian Electric Industries, Inc. (NYSE - HE), today reported a second quarter 2024 net loss of $45.8 ...

From a strategic viewpoint it makes sense for existing shareholders to exit their interest in the ASB bank to raise necessary cash, as its valuation will not be impaired to the same extent as the ...