PNC Financial Services Group quietly raised its stake in First Hawaiian, Inc. by 12.5 percent during the year’s first quarter, a recent SEC filing shows. The purchase of 946 additional shares brings PNC’s total holdings in the Honolulu-based bank to 8,511 shares.

Goldman Sachs emerges as the ‘big winner’ of the Fed’s stress tests, with its stock soaring 23% in the first half of 2025 and approaching another record high. Bank stocks overall have outperformed the broader market, signaling a robust resurgence in the financial sector.