FHB - NASDAQ

First Hawaiian, Inc.

FHB·NASDAQ

$26.46

-0.11%

Financial ServicesBanks - Regional

First 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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.22B

EPS2.2100

P/E Ratio11.97

Earnings Date07/24/2026

1.17B

Revenue

3Y+44.0%

5Y+54.0%

10Y+62.0%

276.27M

Net Income

20%

3Y+4.0%

5Y+49.0%

10Y+20.0%

335.07M

Operating Cash Flow

3Y-22.0%

5Y+60.0%

10Y+52.0%

First Hawaiian, Inc. Profit Bridge

FHB · NASDAQ

Revenue & Cost of Sales

Revenue1.17B

Cost of Goods Sold (314.76M)

Gross Profit853.59M

Operating Expenses

Operating Expenses (499.35M)

Operating Income354.24M

Other Income & Taxes

Interest Expense (287.56M)

Other Income/Expense0.00

Pretax Income354.24M

Income Tax (77.98M)

Net Income276.27M

Net Income

276.27M

Profitability Analysis

Gross Margin

73.1%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

30.3%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

23.6%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

22.0%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

First Hawaiian, Inc. Income Statement

FHB • NASDAQ

First Hawaiian, Inc. Income Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2005	Dec 2004	Dec 2003	Dec 2002	Dec 2001
REVENUE
Revenue	1.2B	1.1B	1.1B	811.8M	709M	758M	841.3M	800.2M	753M	722.1M	679M	658.2M	647.4M	660.3M	664.6M	2.5B	1.8B	1.7B	1.5B	32.7M
GROSS PROFIT
Cost of Revenue	(314.8M)	(372.1M)	(314.1M)	(51.1M)	-20.2M	(168.7M)	(119.1M)	(101.9M)	(60.5M)	(35.4M)	(32.4M)	(34.6M)	(28.4M)	(32.8M)	(40.7M)	(0.0)	(442.8M)	(385.2M)	(465.3M)	(15M)
Gross Profit	853.6M	760M	778.7M	760.7M	729.2M	589.3M	722.2M	698.3M	692.5M	686.7M	646.6M	623.6M	619M	627.5M	623.9M	2.5B	1.3B	1.3B	1.1B	17.7M
OPERATING INCOME
Operating Expenses	(499.3M)	(467.4M)	(469.5M)	(409.5M)	(380.2M)	(345.6M)	(340.5M)	(340.1M)	(324.2M)	(314.8M)	(303.3M)	(279.4M)	(331.3M)	(363.3M)	(388.9M)	(2.5B)	(1.5B)	(1.4B)	(1.4B)	(34.7M)
Selling, General & Administrative	(401.3M)	(243.3M)	(233.4M)	(207.1M)	(188.5M)	(179.9M)	(180M)	(172M)	(169.3M)	(163.3M)	(175.7M)	(162.6M)	(302.9M)	(330.5M)	(348.2M)	(28.8M)	(1B)	(974.1M)	(931.5M)	(19.7M)
Operating Income	354.2M	292.6M	309.2M	351.2M	349M	243.7M	381.7M	358.2M	368.4M	371.8M	343.2M	344.2M	344.5M	329.8M	316.4M	22.3M	17.1M	711.6M	595.3M	13M
PRE-TAX INCOME
Interest Expense	(287.6M)	(357.3M)	(287.5M)	(49.7M)	(18.8M)	(47M)	(105.3M)	(79.7M)	(42M)	(26.8M)	(22.5M)	(23.5M)	(28.4M)	(32.8M)	(40.7M)	-880.1M	(442.8M)	(385.2M)	(465.3M)	(15M)
Net Interest Income	663.7M	622.7M	636.1M	613.5M	530.6M	535.7M	573.4M	566.3M	528.8M	491.7M	461.3M	443.8M	0.0	0.0	0.0	1.4B	-11.3M	2.1M	-132.9M	201.1M
Other Expenses	(98.1M)	(224.1M)	(236.1M)	(202.4M)	(191.7M)	(165.6M)	(160.5M)	(168.1M)	(154.9M)	(151.6M)	(127.6M)	(116.8M)	(28.4M)	(32.8M)	(40.7M)	(2.5B)	(442.8M)	(385.2M)	(465.3M)	(15M)
Total Other Income Expenses Net	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	915.2M	755M	0.0	0.0	0.0
Income Before Tax	354.2M	292.6M	309.2M	351.2M	349M	243.7M	381.7M	358.2M	368.4M	371.8M	343.2M	344.2M	344.5M	329.8M	316.4M	937.5M	772.1M	711.6M	595.3M	13M
NET INCOME
Income Tax Expense	(78M)	(62.5M)	(74.2M)	(85.5M)	(83.3M)	(58M)	(97.3M)	(93.8M)	(184.7M)	(141.7M)	(129.4M)	(127.6M)	(130M)	(118.7M)	(116.7M)	(347.1M)	(298.7M)	(272.7M)	(234M)	(4.7M)
Net Income	276.3M	230.1M	235M	265.7M	265.7M	185.8M	284.4M	264.4M	183.7M	230.2M	213.8M	216.7M	214.5M	211.1M	199.7M	590.4M	473.4M	436.6M	361.3M	8.3M

SEC Filings

FHB - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 04, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 24, 2026	April 22, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 24, 2026	April 24, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 12, 2026	April 22, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 27, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 24, 2026	February 20, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 06, 2026	February 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 30, 2026	January 30, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	November 03, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 24, 2025	October 24, 2025	2025	View Filing

Showing 1 to 10 of 308 filings

Related Guides

Blog Categories

Continue your FHB research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.