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FHB logoFirst Hawaiian, Inc.(FHB)Earnings, Financials & Key Ratios

FHB•NASDAQ•Banking & Credit
$27.62
$3.39B mkt cap·12.6× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryCommunity and retail regional banks
AboutFirst Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking services to consumer and commercial customers in the United States. It operates through three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company accepts various deposit products, including checking and savings accounts, and other deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases, as well as commercial lease and auto dealer financing. In addition, the company offers personal installment, credit card, individual investment and financial planning, insurance protection, trust and estate, private banking, retirement planning, treasury, and merchant processing services. It operates a network of 54 branches, which include 49 in Hawaii, 3 in Guam, and 2 in Saipan. The company was formerly known as BancWest Corporation and changed its name to First Hawaiian, Inc. in April 2016. First Hawaiian, Inc. was founded in 1858 and is headquartered in Honolulu, Hawaii.Show more
  • Net Interest Income$664M+6.6%
  • Total Revenue$1.17B+3.2%
  • Net Income$276M+20.0%
  • Return on Equity10.26%+13.7%
  • Net Interest Margin2.77%+6.0%
  • Efficiency Ratio42.74%+3.5%
  • ROA1.16%+22.5%
  • Equity / Assets11.56%+5.2%
  • Book Value per Share22.07+8.2%
  • Tangible BV/Share14.10+11.9%
Technical→

FHB Key Insights

First Hawaiian, Inc. (FHB) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Efficient operations: 42.7% efficiency ratio
  • ✓Well capitalized: 11.6% equity/assets
  • ✓Healthy dividend yield of 3.8%
  • ✓Share count reduced 2.2% through buybacks
  • ✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

FHB Price & Volume

First Hawaiian, Inc. (FHB) stock price & volume — 10-year historical chart

Loading chart...

FHB Growth Metrics

First Hawaiian, Inc. (FHB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years5.58%
5 Years9.04%
3 Years12.91%
TTM-

Profit CAGR

10 Years2.6%
5 Years8.26%
3 Years1.31%
TTM20.05%

EPS CAGR

10 Years3.7%
5 Years9%
3 Years1.89%
TTM22.91%

Return on Capital

10 Years10.5%
5 Years9.37%
3 Years8.12%
Last Year4.35%

FHB Recent Earnings

First Hawaiian, Inc. (FHB) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 2/12 qtrs (17%)
Q2 2026Latest
Apr 24, 2026
EPS
$0.55
Est $0.53
+3.8%
Revenue
$220M
Est $221M
-0.3%
Q1 2026
Jan 30, 2026
EPS
$0.56
Est $0.55
+1.8%
Revenue
$226M
Est $225M
+0.2%
Q4 2025
Oct 24, 2025
EPS
$0.59
Est $0.52
+13.0%
Revenue
$218M
Est $218M
-0.3%
Q3 2025
Jul 25, 2025
EPS
$0.58
Est $0.49
+18.4%
Revenue
$209M
Est $218M
-4.2%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 24, 2026
$0.55vs $0.53+3.8%
$220Mvs $221M-0.3%
Q1 2026Jan 30, 2026
$0.56vs $0.55+1.8%
$226Mvs $225M+0.2%
Q4 2025Oct 24, 2025
$0.59vs $0.52+13.0%
$218Mvs $218M-0.3%
Q3 2025Jul 25, 2025
$0.58vs $0.49+18.4%
$209Mvs $218M-4.2%
Based on last 12 quarters of dataView full earnings history →

FHB Peer Comparison

First Hawaiian, Inc. (FHB) competitors in Community and retail regional banks — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
BOH logoBOHBank of Hawaii CorporationDirect Competitor3.21B80.6923.326.6%10.28%0.45
COLB logoCOLBColumbia Banking System, Inc.Direct Competitor7.19B30.2013.138.35%8.39%0.51
WAFD logoWAFDWaFd, Inc.Direct Competitor2.72B35.6413.55-1.58%8.02%0.60
BANR logoBANRBanner CorporationDirect Competitor2.24B66.2311.74-0.95%10.34%0.19
HBCP logoHBCPHome Bancorp, Inc.Direct Competitor504.25M64.4210.974.93%11.03%0.13
CVBF logoCVBFCVB Financial Corp.Direct Competitor2.8B20.6313.57-2.33%9.25%0.43
HBAN logoHBANHuntington Bancshares IncorporatedProduct Competitor26.34B16.6411.974.38%10.04%0.76
BOKF logoBOKFBOK Financial CorporationProduct Competitor10.44B135.5416.6510.4%8.91%0.80

Compare FHB vs Peers

First Hawaiian, Inc. (FHB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BOH

Most directly comparable listed peer for FHB.

Scale Benchmark

vs V

Larger-name benchmark to compare FHB against a more recognizable public peer.

Peer Set

Compare Top 5

vs BOH, COLB, WAFD, BANR

FHB Income Statement

First Hawaiian, Inc. (FHB) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income528.8M566.32M573.4M535.73M530.56M613.55M636.13M622.74M663.74M
NII Growth %7.55%7.09%1.25%-6.57%-0.97%15.64%3.68%-2.1%6.58%
Net Interest Margin %2.57%2.74%2.84%2.36%2.12%2.5%2.55%2.61%2.77%
Interest Income570.77M646.05M678.69M582.76M549.31M663.22M923.58M980.04M951.3M
Interest Expense41.96M79.73M105.29M47.02M18.75M49.67M287.45M357.31M287.56M
Loan Loss Provision18.5M22.18M13.8M121.72M-39M1.39M26.63M14.75M27.2M
Non-Interest Income182.24M154.13M162.57M175.27M159.67M148.53M169.19M151.97M217.05M
Non-Interest Income %24.2%19.26%19.32%23.12%22.52%18.3%15.48%13.42%18.58%
Total Revenue
753.01M▲ 0%
800.18M▲ 6.3%
841.26M▲ 5.1%
758.02M▼ 9.9%
708.98M▼ 6.5%
811.75M▲ 14.5%
1.09B▲ 34.6%
1.13B▲ 3.6%
1.17B▲ 3.2%
Revenue Growth %4.28%6.26%5.13%-9.89%-6.47%14.5%34.62%3.59%3.21%
Non-Interest Expense324.19M340.09M340.48M345.56M380.24M409.48M469.51M467.36M499.35M
Efficiency Ratio43.05%42.5%40.47%45.59%53.63%50.44%42.97%41.29%42.74%
Operating Income
368.36M▲ 0%
358.18M▼ 2.8%
381.7M▲ 6.6%
243.72M▼ 36.1%
349M▲ 43.2%
351.21M▲ 0.6%
309.17M▼ 12.0%
292.6M▼ 5.4%
354.24M▲ 21.1%
Operating Margin %48.92%44.76%45.37%32.15%49.22%43.27%28.29%25.85%30.32%
Operating Income Growth %-0.93%-2.76%6.57%-36.15%43.19%0.63%-11.97%-5.36%21.07%
Pretax Income
368.36M▲ 0%
358.18M▼ 2.8%
381.7M▲ 6.6%
243.72M▼ 36.1%
349M▲ 43.2%
351.21M▲ 0.6%
309.17M▼ 12.0%
292.6M▼ 5.4%
354.24M▲ 21.1%
Pretax Margin %48.92%44.76%45.37%32.15%49.22%43.27%28.29%25.85%30.32%
Income Tax184.67M93.78M97.31M57.97M83.26M85.53M74.19M62.47M77.98M
Effective Tax Rate %50.13%26.18%25.49%23.79%23.86%24.35%24%21.35%22.01%
Net Income
183.68M▲ 0%
264.39M▲ 43.9%
284.39M▲ 7.6%
185.75M▼ 34.7%
265.74M▲ 43.1%
265.69M▼ 0.0%
234.98M▼ 11.6%
230.13M▼ 2.1%
276.27M▲ 20.0%
Net Margin %24.39%33.04%33.81%24.5%37.48%32.73%21.5%20.33%23.65%
Net Income Growth %-20.2%43.94%7.56%-34.68%43.06%-0.02%-11.56%-2.07%20.05%
Net Income (Continuing)183.68M264.39M284.39M185.75M265.74M265.69M234.98M230.13M276.27M
EPS (Diluted)
1.32▲ 0%
1.93▲ 46.2%
2.13▲ 10.4%
1.43▼ 32.9%
2.05▲ 43.4%
2.08▲ 1.5%
1.84▼ 11.5%
1.79▼ 2.7%
2.20▲ 22.9%
EPS Growth %-20%46.21%10.36%-32.86%43.36%1.46%-11.54%-2.72%22.91%
EPS (Basic)1.321.932.141.432.062.081.841.802.21
Diluted Shares Outstanding139.66M137.11M133.39M130.22M129.54M127.98M127.92M128.33M125.51M

FHB Balance Sheet

First Hawaiian, Inc. (FHB) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments6.27B5.5B4.77B1.04B9.69B3.68B4B1.18B228.73M
Cash & Due from Banks1.03B1B694.02M1.04B1.26B526.62M1.74B1.17B228.73M
Short Term Investments5.23B4.5B4.08B08.43B3.15B2.26B8.15M0
Total Investments17.38B17.43B17.16B18.91B21B21.12B20.12B19.53B0
Investments Growth %5.55%0.33%-1.58%10.2%11.07%0.58%-4.77%-2.9%-100%
Long-Term Investments12.14B12.93B13.08B18.91B12.57B17.97B17.86B19.52B0
Accounts Receivables47.99M48.92M45.24M69.63M63.16M78.19M84.42M79.98M77.64M
Goodwill & Intangibles1.01B1.01B1.01B1.01B1B1B1B1B1B
Goodwill995.49M995.49M995.49M995.49M995.49M995.49M995.49M995.49M995.49M
Intangible Assets13.2M16.16M12.67M10.73M8.3M6.56M5.7M5.08M4.64M
PP&E (Net)289.21M305M316.88M322.4M318.45M280.36M281.46M288.53M303.5M
Other Assets793.6M893.23M944.76M1.07B1.12B1.27B1.33B1.32B-4.64M
Total Current Assets6.32B5.55B4.81B1.36B9.98B4.05B4.46B1.69B306.38M
Total Non-Current Assets14.23B15.14B15.35B21.31B15.01B20.52B20.47B22.14B1.3B
Total Assets
20.55B▲ 0%
20.7B▲ 0.7%
20.17B▼ 2.6%
22.66B▲ 12.4%
24.99B▲ 10.3%
24.58B▼ 1.7%
24.93B▲ 1.4%
23.83B▼ 4.4%
23.96B▲ 0.5%
Asset Growth %4.51%0.71%-2.56%12.38%10.28%-1.66%1.42%-4.41%0.53%
Return on Assets (ROA)0.91%1.28%1.39%0.87%1.12%1.07%0.95%0.94%1.16%
Accounts Payable000000000
Total Debt34K600.03M1B200.01M075M500M250M0
Net Debt-1.03B-403.61M306M-840.93M-1.26B-451.62M-1.24B-920.19M-228.73M
Long-Term Debt0600M200M200M00000
Short-Term Debt00800M0075M500M250M0
Other Liabilities270.54M292.84M-56.76M490.99M519.35M441.61M607.75M541.35M0
Total Current Liabilities17.75B17.28B17.38B19.23B21.82B21.87B21.83B20.67B10.84B
Total Non-Current Liabilities270.57M892.86M143.26M691M519.35M441.61M607.75M541.35M0
Total Liabilities18.02B18.17B17.53B19.92B22.34B22.31B22.44B21.21B21.19B
Total Equity
2.53B▲ 0%
2.52B▼ 0.3%
2.64B▲ 4.6%
2.74B▲ 3.9%
2.66B▼ 3.2%
2.27B▼ 14.6%
2.49B▲ 9.6%
2.62B▲ 5.3%
2.77B▲ 5.8%
Equity Growth %2.26%-0.3%4.57%3.93%-3.18%-14.6%9.57%5.29%5.8%
Equity / Assets (Capital Ratio)12.32%12.2%13.09%12.11%10.63%9.23%9.97%10.98%11.56%
Return on Equity (ROE)7.33%10.46%11.01%6.9%9.84%10.79%9.88%9.02%10.26%
Book Value per Share18.1318.4119.7921.0720.5117.7319.4420.4022.07
Tangible BV per Share10.9111.0412.2413.3512.769.9011.6112.6014.10
Common Stock1.4M1.4M1.4M1.4M1.41M1.41M1.41M1.42M1.42M
Additional Paid-in Capital2.49B2.5B2.5B2.51B2.53B2.54B2.55B2.56B2.58B
Retained Earnings139.18M291.92M437.07M473.97M604.53M736.54M837.86M934.05M1.08B
Accumulated OCI-96.38M-132.19M-31.75M31.6M-121.69M-639.25M-530.21M-463.99M-368.14M
Treasury Stock-282K-132.13M-270.14M-276.89M-355M-368.03M-371.25M-414.37M-519.34M
Preferred Stock000000000

FHB Cash Flow Statement

First Hawaiian, Inc. (FHB) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations269.77M351.41M296.5M209.51M417.13M430.61M255.03M317.51M335.07M
Operating CF Growth %22.57%30.26%-15.63%-29.34%99.1%3.23%-40.78%24.5%5.53%
Net Income183.68M264.39M284.39M185.75M265.74M265.69M234.98M230.13M276.27M
Depreciation & Amortization62.02M54.9M67.82M63.07M51.84M56.75M42.77M38.01M33.56M
Deferred Taxes58.92M-3.6M17.06M-19.4M14.12M22.14M-13.66M-11.29M-337K
Other Non-Cash Items11.35M44.76M16.63M102.54M-30.08M3.75M20.92M37.89M23.22M
Working Capital Changes-51.49M-15.23M-97.23M-132.49M102.4M71.99M-39.6M10.88M-13.53M
Cash from Investing-971.08M-257.81M375.21M-2.1B-2.38B-965.1M1.03B548.55M264.11M
Purchase of Investments-1.11B-195.49M-1.33B-4.12B-4.51B-1.05B-133.21M-333.83M-464.74M
Sale/Maturity of Investments904.22M823.1M1.85B2.15B1.85B1.23B1.39B933.78M670.98M
Net Investment Activity-204.69M627.61M520.86M-1.97B-2.66B185.15M1.26B599.95M206.23M
Acquisitions000000000
Other Investing-756.33M-849.54M-116.3M-100.97M299.15M-1.14B-218.77M-22.62M89.66M
Cash from Financing683.89M-124.61M-981.34M2.24B2.18B-197.36M-66.92M-1.44B-291.62M
Dividends Paid-124.93M-131.04M-138.25M-135.1M-134.13M-132.59M-132.65M-132.8M-130.95M
Share Repurchases0-131.8M-136.24M-5M-75M-9.48M0-40M-100.34M
Stock Issued00000000275K
Net Stock Activity0-131.8M-136.24M-5M-75M-9.48M0-40M-100.07M
Debt Issuance (Net)-1000K1000K-10K-1000K-1000K1000K1000K-1000K-1000K
Other Financing817.98M-461.76M-706.84M2.78B2.59B-130.29M-359.28M-1.01B189.4M
Net Change in Cash
-17.41M▲ 0%
-31.01M▼ 78.1%
-309.62M▼ 898.5%
346.93M▲ 212.0%
217.53M▼ 37.3%
-731.85M▼ 436.4%
1.21B▲ 265.8%
-569.71M▼ 147.0%
307.56M▲ 154.0%
Exchange Rate Effect000000000
Cash at Beginning1.05B1.03B1B694.02M1.04B1.26B526.62M1.74B1.17B
Cash at End1.03B1B694.02M1.04B1.26B526.62M1.74B1.17B1.48B
Interest Paid36.63M80.38M102.46M52.87M23M44.33M262.19M362.52M293.33M
Income Taxes Paid145.07M43M70.51M53.27M55.35M24.69M54.02M36.27M0
Free Cash Flow
259.71M▲ 0%
309.09M▲ 19.0%
267.15M▼ 13.6%
176.12M▼ 34.1%
396.67M▲ 125.2%
417.32M▲ 5.2%
239.04M▼ 42.7%
288.74M▲ 20.8%
303.29M▲ 5.0%
FCF Growth %26.96%19.02%-13.57%-34.08%125.23%5.21%-42.72%20.79%5.04%

FHB Banking Ratios

First Hawaiian, Inc. (FHB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)8.83%7.33%10.46%11.01%6.9%9.84%10.79%9.88%9.02%10.26%
Return on Assets (ROA)1.18%0.91%1.28%1.39%0.87%1.12%1.07%0.95%0.94%1.16%
Net Interest Margin2.5%2.57%2.74%2.84%2.36%2.12%2.5%2.55%2.61%2.77%
Efficiency Ratio43.6%43.05%42.5%40.47%45.59%53.63%50.44%42.97%41.29%42.74%
Equity / Assets12.6%12.32%12.2%13.09%12.11%10.63%9.23%9.97%10.98%11.56%
Book Value / Share17.7518.1318.4119.7921.0720.5117.7319.4420.422.07
NII Growth6.58%7.55%7.09%1.25%-6.57%-0.97%15.64%3.68%-2.1%6.58%
Dividend Payout194.2%68.01%49.56%48.61%72.73%50.48%49.9%56.45%57.71%47.4%

FHB SEC Filings & Documents

First Hawaiian, Inc. (FHB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 24, 2026·SEC

Material company update

Apr 24, 2026·SEC

Material company update

Feb 24, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 3, 2025·SEC

FY 2025

Aug 4, 2025·SEC

FY 2025

May 5, 2025·SEC

FHB Frequently Asked Questions

First Hawaiian, Inc. (FHB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

First Hawaiian, Inc. (FHB) grew revenue by 3.2% over the past year. Growth has been modest.

Yes, First Hawaiian, Inc. (FHB) is profitable, generating $276.3M in net income for fiscal year 2025 (23.6% net margin).

Dividend & Returns

Yes, First Hawaiian, Inc. (FHB) pays a dividend with a yield of 3.78%. This makes it attractive for income-focused investors.

First Hawaiian, Inc. (FHB) has a return on equity (ROE) of 10.3%. This is reasonable for most industries.

Industry Metrics

First Hawaiian, Inc. (FHB) has a net interest margin (NIM) of 2.8%. NIM has been under pressure due to interest rate environment.

First Hawaiian, Inc. (FHB) has an efficiency ratio of 42.7%. This is excellent, indicating strong cost control.

Explore More FHB

First Hawaiian, Inc. (FHB) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
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