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

335.07M

Operating Cash Flow

3Y-22.0%

5Y+60.0%

10Y+52.0%

264.11M

Investing Cash Flow

-52%

3Y-127.0%

5Y-113.0%

10Y-114.0%

-291.62M

Financing Cash Flow

-80%

3Y+48.0%

5Y-113.0%

10Y-472.0%

First Hawaiian, Inc. Cash Conversion Engine

FHB · NASDAQ

FCF Components

Net Income276.27M

Depreciation & Amortization33.56M

Stock-Based Compensation15.89M

Change in Working Capital-13.53M

Others23.22M

Capital Expenditures-31.78M

Free Cash Flow303.29M

Cash Flow Quality Analysis

FCF Conversion Rate

109.8%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

9.5%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+5.0%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$13.53M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

First Hawaiian, Inc. Cash Flow Statement

FHB • NASDAQ

First Hawaiian, Inc. Cash Flow 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 2005	Dec 2004	Dec 2003	Dec 2002	Dec 2001	Dec 2000
OPERATING ACTIVITIES
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	590.4M	473.4M	436.6M	361.3M	8.3M	216.4M
Depreciation & Amortization	33.6M	38M	42.8M	56.7M	51.8M	63.1M	67.8M	54.9M	62M	52.2M	25.7M	25.9M	128.1M	94.8M	64.4M	68M	1M	70.1M
Change in Deferred Taxes	-337K	-11.3M	-13.7M	22.1M	14.1M	-19.4M	17.1M	-3.6M	58.9M	3.3M	-15.6M	-10.6M	-5M	-6.4M	5.9M	138M	2M	112.8M
Stock-Based Compensation	15.9M	11.9M	9.6M	10.3M	13.1M	10M	7.8M	6.2M	5.3M	4.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Cash Items	23.2M	37.9M	20.9M	3.8M	-30.1M	102.5M	16.6M	44.8M	11.4M	-18.7M	-1.9M	-13.4M	11.5B	-4.2B	-1.1B	-2.1B	-1.7B	48M
Cash Taxes Paid	(0.0)	(36.3M)	(54M)	(24.7M)	(55.4M)	(53.3M)	(70.5M)	(43M)	(145.1M)	(190.4M)	(187.1M)	(94M)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Change in Working Capital	-13.5M	10.9M	-39.6M	72M	102.4M	-132.5M	-97.2M	-15.2M	-51.5M	-51.4M	-79.4M	28.1M	-11.7B	4B	1.2B	1.8B	1.7B	-15.3M
Cash from Operating Activities	335.1M	317.5M	255M	430.6M	417.1M	209.5M	296.5M	351.4M	269.8M	220.1M	142.6M	246.8M	517.9M	364.6M	616.5M	232.4M	27.2M	432M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-31.8M	-28.8M	-16M	-13.3M	-20.5M	-33.4M	-29.4M	-35.9M	-10.1M	-15.5M	-19.1M	-20.7M	(0.0)	-59.3M	-42.8M	-15.5M	-1M	-10.1M
Acquisitions, 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)	-1.2B	-1.2B	(0.0)	-1.8B	(0.0)	(0.0)
Purchase of Investments	-464.7M	-333.8M	-133.2M	-1B	-4.5B	-4.1B	-1.3B	-195.5M	-1.1B	-3.1B	-3B	-2.2B	-735.9M	-3.1B	-4.8B	-158M	-78M	(0.0)
Sale/Maturity of Investments	671M	933.8M	1.4B	1.2B	1.9B	2.2B	1.9B	823.1M	904.2M	2B	3.9B	1.2B	0.0	2B	2.3B	1.2B	28.7M	0.0
Other Investing Items	89.7M	-22.6M	-218.8M	-1.1B	299.1M	-101M	-116.3M	-849.5M	-756.3M	-790.1M	-693.3M	-510M	-4.4B	-2.7B	-1.2B	-2B	10.7M	-1.8B
Cash from Investing Activities	(264.1M)	(548.6M)	(1B)	-965.1M	-2.4B	-2.1B	(375.2M)	-257.8M	-971.1M	-1.9B	(243.8M)	-1.5B	-6.3B	-5.1B	-3.7B	-2.8B	-39.6M	-1.8B
FINANCING ACTIVITIES
Net Issuance of Common Stock	-99.7M	-40M	0.0	-9.5M	-75M	-5M	-136.2M	-131.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Issuance of Debt	-250M	-250M	425M	75M	-200M	-400M	-10K	600M	-9.2M	-207M	-170M	-207.1M	0.0	0.0	0.0	0.0	0.0	0.0
Cash Paid for Dividends	-131M	-132.8M	-132.6M	-132.6M	-134.1M	-135.1M	-138.2M	-131M	-124.9M	-447M	-164.2M	-192.5M	(0.0)	(0.0)	(0.0)	(0.0)	-84.7M	(0.0)
Share Repurchases	-100.3M	-40M	(0.0)	-9.5M	-75M	-5M	-136.2M	-131.8M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(1.1B)	(0.0)	(1.6B)	(88.8M)	-3.5M
Other Financing Items	189.4M	-1B	-359.3M	-130.3M	2.6B	2.8B	-706.8M	-461.8M	818M	732.5M	1.3B	1.1B	6.5B	5.2B	3.1B	3.6B	393.8M	1.4B
Cash from Financing Activities	-291.6M	-1.4B	-66.9M	-197.4M	2.2B	2.2B	-981.3M	-124.6M	683.9M	78.5M	1B	747.4M	6.5B	5.2B	3.1B	3.6B	309.1M	1.4B
CASH FLOW SUMMARY
Effect of Foreign Exchange Rates	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	100K	100K	-737.3M	-810M	0.0
Net Change in Cash	307.6M	-569.7M	1.2B	-731.8M	217.5M	346.9M	-309.6M	-31M	-17.4M	-1.6B	1.4B	-548M	712.1M	458.7M	-21.6M	375.9M	-513.3M	63.6M
Cash at Beginning of Period	1.2B	1.7B	526.6M	1.3B	1B	694M	1B	1B	1.1B	2.7B	1.3B	1.8B	2.6B	2.2B	2.2B	737.3M	810M	0.0
Cash at End of Period	1.5B	1.2B	1.7B	526.6M	1.3B	1B	694M	1B	1B	1.1B	2.7B	1.3B	3.3B	458.7M	-21.6M	1.1B	296.7M	63.6M
Free Cash Flow	303.3M	288.7M	239M	417.3M	396.7M	176.1M	267.2M	309.1M	259.7M	204.6M	123.5M	211.4M	517.9M	305.3M	573.7M	216.9M	26.2M	421.9M

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

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