American Savings Bank in Honolulu has filed a registration statement in advance of its planned initial public offering.
The $9 billion-asset American Savings, which has been owned by a private group since it bought the bank from Hawaiian Electric Industries in late 2024, filed its paperwork with the Office of the Comptroller of the Currency on Aug. 24.
American Savings did not disclose how many shares it plans to sell or how much it expects to raise. Piper Sandler and Keefe, Bruyette & Woods are running the deal.