American Savings Bank, N.A., a Hawaii-based community bank established in 1925, has priced its initial public offering at $16 per share. The IPO consists of 8,057,240 shares of common stock, sold exclusively by existing stockholders and generating no proceeds for the bank itself. The offering closed on a Thursday under customary conditions, with shares scheduled to begin trading on the New York Stock Exchange under the ticker symbol ASBH on the following Monday. The Registration Statement on Form S-1 was filed with the Office of the Comptroller of the Currency and declared effective on a prior Monday.
American Savings Bank IPO priced at $16 per share, no bank proceeds
Hawaii-based community bank American Savings Bank launches initial public offering with 8.06 million shares at $16 each, excluding proceeds for the issuer.
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Priya Anand · Equities & Earnings Desk · 19 Sept 2026 · 05:23 · 1 min read
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Priya Anand
Equities & Earnings Desk
Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
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