FHB - First Hawaiian Inc Stock Price, Fair Value and News

21.96USD-0.05 (-0.23%)Market Closed

Market Summary

USD21.96-0.05

Market Closed

-0.23%

FHB Stock Price

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FHB RSI Chart

FHB Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

12.62

Price/Sales (Trailing)

3.07

EV/EBITDA

1.6

Price/Free Cashflow

11.74

FHB Price/Sales (Trailing)

FHB Profitability

EBT Margin

31.77%

Return on Equity

8.85%

Return on Assets

0.92%

Free Cashflow Yield

8.51%

FHB Fundamentals

FHB Revenue

Revenue (TTM)

915.8M

Rev. Growth (Yr)

-3.63%

Rev. Growth (Qtr)

-14.62%

FHB Earnings

Earnings (TTM)

222.4M

Earnings Growth (Yr)

-18.85%

Earnings Growth (Qtr)

14.14%

Breaking Down FHB Revenue

Last 7 days

-0.7%

Last 30 days

6.9%

Last 90 days

1.5%

Trailing 12 Months

29.2%

How does FHB drawdown profile look like?

FHB Financial Health

Debt/Equity

0.2

Debt/Cashflow

0.48

FHB Investor Care

Dividend Yield

4.74%

Dividend/Share (TTM)

1.04

Shares Dilution (1Y)

0.19%

Diluted EPS (TTM)

1.74

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	915.8M	0	0	0
2023	740.1M	819.6M	883.0M	923.6M
2022	551.4M	564.9M	604.1M	663.2M
2021	709.2M	704.8M	700.0M	549.3M
2020	751.9M	718.7M	690.5M	733.1M
2019	762.9M	777.7M	783.9M	765.9M
2018	268.3M	427.3M	586.3M	745.3M
2017	493.2M	506.1M	522.1M	109.3M
2016	489.5M	492.1M	502.3M	480.1M
2015	0	472.8M	478.3M	483.8M
2014	0	0	0	467.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of First Hawaiian Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	dods christopher l	sold (taxes)	-9,869	21.55	-458	vice ch & chief operating ofcr
May 01, 2024	char neill	sold (taxes)	-5,064	21.55	-235	vice chairman
Apr 24, 2024	moffatt jim	acquired	-	-	3,151	-
Apr 24, 2024	thompson kelly ann	acquired	-	-	3,151	-
Apr 24, 2024	washington vanessa l	acquired	-	-	3,151	-
Apr 24, 2024	kurren faye w	acquired	-	-	3,151	-
Apr 24, 2024	wo craig scott	acquired	-	-	3,151	-
Apr 24, 2024	uyeda allen bruce	acquired	-	-	3,151	-
Apr 24, 2024	mugiishi mark m	acquired	-	-	3,151	-
Apr 24, 2024	fujimoto michael k	acquired	-	-	3,151	-

Which funds bought or sold FHB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	reduced	-1.15	-155,509	2,930,610	0.01%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.26	-276,992	2,803,370	-%
May 16, 2024	SkyView Investment Advisors, LLC	added	4.08	-	810,000	0.15%
May 16, 2024	JANE STREET GROUP, LLC	added	377	1,508,230	1,928,990	-%
May 15, 2024	MORGAN STANLEY	reduced	-2.62	-2,154,100	31,238,600	-%
May 15, 2024	Cresset Asset Management, LLC	added	32.54	87,251	406,538	-%
May 15, 2024	Quarry LP	new	-	8,916	8,916	-%
May 15, 2024	Kolinsky Wealth Management, LLC	added	0.06	-10,787	267,099	0.20%
May 15, 2024	Federation des caisses Desjardins du Quebec	new	-	3,370,200	3,370,200	0.01%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-77.14	-364,893	102,685	-%

Are Funds Buying or Selling FHB?

Are funds buying FHB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FHB

No. of Funds

Unveiling First Hawaiian Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	manulife financial corp	0.01%	-	SC 13G/A
Feb 13, 2024	vanguard group inc	11.48%	14,651,233	SC 13G/A
Feb 13, 2024	kayne anderson rudnick investment management llc	10.15%	12,949,306	SC 13G/A
Feb 12, 2024	american century investment management inc	2.77%	3,529,026	SC 13G/A
Jan 24, 2024	state street corp	5.09%	6,491,935	SC 13G
Jan 23, 2024	blackrock inc.	13.2%	16,879,941	SC 13G/A
Feb 14, 2023	manulife financial corp	0.00%	-	SC 13G/A
Feb 14, 2023	kayne anderson rudnick investment management llc	10.50%	13,405,192	SC 13G/A
Feb 09, 2023	vanguard group inc	11.48%	14,663,275	SC 13G/A
Feb 08, 2023	american century investment management inc	6.78%	8,655,051	SC 13G

Recent SEC filings of First Hawaiian Inc

View All Filings

Date Filed	Form Type	Document
May 06, 2024	10-Q	Quarterly Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
Apr 26, 2024	8-K	Current Report
Apr 26, 2024	8-K	Current Report
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	4	Insider Trading

Peers (Alternatives to First Hawaiian Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

First Hawaiian Inc News

Latest updates

First Hawaiian Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-14.6%	206	241	240	229	214	200	176	150	137	141	137	136	135	292	142	141	159	249	170	174	173
EBITDA Margin	-2.5%	1.04*	1.07*	1.19*	1.31*	1.43*	1.54*	1.58*	1.62*	1.70*	1.70*	1.35*	1.34*	-	-	-	-	-	-	-	-	-
Interest Expenses	1.7%	154	152	157	160	167	172	163	145	134	137	133	131	129	135	134	128	139	140	143	146	145
Income Taxes	9.8%	16.00	15.00	18.00	19.00	22.00	23.00	23.00	20.00	19.00	13.00	21.00	30.00	19.00	19.00	21.00	7.00	11.00	23.00	25.00	25.00	24.00
Earnings Before Taxes	13.1%	71.00	63.00	76.00	81.00	89.00	103	92.00	79.00	77.00	70.00	86.00	116	77.00	81.00	86.00	27.00	50.00	91.00	100	97.00	94.00
EBT Margin	-5.1%	0.32*	0.33*	0.40*	0.45*	0.49*	0.53*	0.53*	0.55*	0.63*	0.64*	0.51*	0.51*	-	-	-	-	-	-	-	-	-
Net Income	14.1%	54.00	48.00	58.00	62.00	67.00	80.00	69.00	59.00	58.00	57.00	64.00	87.00	58.00	62.00	65.00	20.00	39.00	68.00	74.00	72.00	70.00
Net Income Margin	-4.6%	0.24*	0.25*	0.30*	0.34*	0.37*	0.40*	0.40*	0.42*	0.48*	0.48*	0.39*	0.38*	-	-	-	-	-	-	-	-	-
Free Cashflow	61.7%	67.00	41.00	26.00	105	83.00	109	156	99.00	66.00	120	48.00	94.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.6%	24,279	24,926	24,913	24,512	24,884	24,577	24,870	25,378	25,043	24,992	25,548	24,246	23,498	22,663	22,311	22,994	20,756	20,167	20,598	20,526	20,441
Cash Equivalents	-26.8%	1,274	1,740	1,213	558	866	527	949	1,534	1,626	1,258	2,399	1,906	1,263	1,041	816	1,855	1,053	694	1,344	684	618
Net PPE	-0.1%	281	281	278	278	278	280	299	310	316	318	317	319	320	322	321	323	321	317	315	313	311
Goodwill	0%	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995
Liabilities	-3.0%	21,765	22,440	22,562	22,152	22,555	22,308	22,670	23,125	22,758	22,335	22,837	21,515	20,814	19,919	19,577	20,292	18,091	17,526	17,944	17,867	17,828
Short Term Borrowings	0%	500	500	500	-	250	75.00	-	-	-	-	-	-	-	-	-	200	400	400	400	200	-
Long Term Debt	-	-	-	-	500	500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	1.1%	2,514	2,486	2,351	2,360	2,329	2,269	2,201	2,253	2,285	2,657	2,712	2,731	2,684	2,744	2,734	2,702	2,665	2,640	2,655	2,659	2,613
Retained Earnings	2.5%	858	838	824	799	770	737	690	655	629	605	581	551	497	474	446	415	429	437	403	364	326
Additional Paid-In Capital	0.1%	2,551	2,548	2,546	2,543	2,541	2,538	2,536	2,533	2,531	2,528	2,524	2,521	2,517	2,514	2,512	2,509	2,506	2,504	2,501	2,500	2,498
Shares Outstanding	0.2%	128	128	128	128	128	127	128	128	128	129	129	130	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	2,300	-	-	-	2,900	-	-	-	3,700	-	-	-	2,200	-	-	-	3,500	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	61.7%	66,640	41,206	26,210	104,977	82,633	109,023	155,847	99,482	66,262	120,472	48,457	93,996	154,200	108,569	-7,616	160,402	-51,849	125,437	26,824	80,839	63,404
Share Based Compensation	32.5%	3,242	2,446	2,433	2,410	2,320	2,580	1,971	2,612	3,135	2,948	3,379	3,742	3,037	1,853	2,579	2,794	2,802	3,119	1,156	1,957	1,594
Cashflow From Investing	-76.1%	166,703	697,147	228,959	73,953	25,113	-170,672	-195,473	-482,448	-116,507	-703,004	-785,302	-95,449	-792,564	-180,446	-333,537	-1,465,722	-124,058	-291,898	661,968	62,896	-57,754
Cashflow From Financing	-229.9%	-698,974	-211,884	400,128	-486,391	231,222	-360,661	-545,116	290,482	417,936	-558,081	1,229,629	644,941	860,230	296,492	-697,740	2,107,710	534,722	-483,539	-28,290	-78,087	-391,420
Dividend Payments	0.0%	33,186	33,178	33,178	33,176	33,114	33,113	33,112	33,212	33,151	33,244	33,441	33,636	33,812	33,777	33,775	33,765	33,782	33,854	34,408	34,917	35,067
Buy Backs	-	-	-	-	-	-	-	2,478	-	-	21,505	21,567	22,385	9,543	-	-	-	5,000	37,433	58,809	-	-

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FHB Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income
Loans and lease financing	$ 199,844	$ 172,339
Available-for-sale investment securities	14,546	18,688
Held-to-maturity investment securities	17,793	18,957
Other	12,769	3,561
Total interest income	244,952	213,545
Interest expense
Deposits	84,143	43,284
Short-term and long-term borrowings	5,953	2,563
Other	429	451
Total interest expense	90,525	46,298
Net interest income	154,427	167,247
Provision for credit losses	6,300	8,800
Net interest income (expense) after (provision) benefit for credit losses	148,127	158,447
Noninterest income
Service charges on deposit accounts	7,546	7,231
Credit and debit card fees	16,173	16,298
Other service charges and fees	9,904	9,162
Trust and investment services income	10,354	9,614
Bank-owned life insurance	4,286	5,120
Other	3,108	1,598
Total noninterest income	51,371	49,023
Noninterest expense
Salaries and employee benefits	59,262	56,032
Contracted services and professional fees	15,739	16,313
Occupancy	6,941	7,782
Equipment	13,413	9,736
Regulatory assessment and fees	8,120	3,836
Advertising and marketing	2,612	1,994
Card rewards program	8,508	8,085
Other	14,218	14,789
Total noninterest expense	128,813	118,567
Income before provision for income taxes	70,685	88,903
Provision for income taxes	16,465	22,085
Net income	$ 54,220	$ 66,818
Basic earnings per share	$ 0.42	$ 0.52
Diluted earnings per share	$ 0.42	$ 0.52
Basic weighted-average outstanding shares	127,707,354	127,453,820
Diluted weighted-average outstanding shares	128,217,689	128,033,812

FHB Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 202,121	$ 185,015
Interest-bearing deposits in other banks	1,072,145	1,554,882
Available-for-sale, at fair value (amortized cost: $2,466,109 as of March 31, 2024 and $2,558,675 as of December 31, 2023)	2,159,338	2,255,336
Held-to-maturity, at amortized cost (fair value: $3,470,710 as of March 31, 2024 and $3,574,856 as of December 31, 2023)	3,988,011	4,041,449
Loans held for sale		190
Loans and leases	14,320,208	14,353,497
Less: allowance for credit losses	159,836	156,533
Net loans and leases	14,160,372	14,196,964
Premises and equipment, net	281,181	281,461
Accrued interest receivable	85,715	84,417
Bank-owned life insurance	484,193	479,907
Goodwill	995,492	995,492
Mortgage servicing rights	5,533	5,699
Other assets	845,085	845,662
Total assets	24,279,186	24,926,474
Deposits:
Interest-bearing	13,620,928	13,749,095
Noninterest-bearing	7,048,553	7,583,562
Total deposits	20,669,481	21,332,657
Short-term borrowings	500,000	500,000
Retirement benefits payable	102,242	103,285
Other liabilities	493,702	504,466
Total liabilities	21,765,425	22,440,408
Commitments and contingent liabilities (Note 12)
Stockholders' equity
Common stock ($0.01 par value; authorized 300,000,000 shares; issued/outstanding: 141,687,612 / 127,841,908 as of March 31, 2024; issued/outstanding: 141,340,539 / 127,618,761 as of December 31, 2023)	1,417	1,413
Additional paid-in capital	2,551,488	2,548,250
Retained earnings	858,494	837,859
Accumulated other comprehensive loss, net	(523,780)	(530,210)
Treasury stock (13,845,704 shares as of March 31, 2024 and 13,721,778 shares as of December 31, 2023)	(373,858)	(371,246)
Total stockholders' equity	2,513,761	2,486,066
Total liabilities and stockholders' equity	$ 24,279,186	$ 24,926,474

About First Hawaiian Inc

First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking products and 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, include checking and savings accounts, and other deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit and loans, automobile loans and leases, secured and unsecured 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, individual investment and financial planning, insurance protection, trust and estate, private banking, retirement planning, commercial credit cards, and merchant processing services, as well as consumer and commercial credit cards. 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.

CEO	Mr. Robert Scott Harrison
WEBSITE	fhb.com
INDUSTRY	Banks Diversified
EMPLOYEES	2126

First Hawaiian Inc Frequently Asked Questions

What is the ticker symbol for First Hawaiian Inc? What does FHB stand for in stocks?

FHB is the stock ticker symbol of First Hawaiian Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Hawaiian Inc (FHB)?

As of Fri May 17 2024, market cap of First Hawaiian Inc is 2.81 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FHB stock?

You can check FHB's fair value in chart for subscribers.

What is the fair value of FHB stock?

You can check FHB's fair value in chart for subscribers. The fair value of First Hawaiian Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Hawaiian Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FHB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Hawaiian Inc a good stock to buy?

The fair value guage provides a quick view whether FHB is over valued or under valued. Whether First Hawaiian Inc is cheap or expensive depends on the assumptions which impact First Hawaiian Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FHB.

What is First Hawaiian Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FHB's PE ratio (Price to Earnings) is 12.62 and Price to Sales (PS) ratio is 3.07. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FHB PE ratio will change depending on the future growth rate expectations of investors.