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

21.19USD+0.19 (+0.90%)Delayed as of 22 Apr 2024, 12:07 pm ET

Market Summary

USD21.19+0.19

Delayedas of 22 Apr 2024, 12:07 pm

0.90%

FHB Stock Price

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FHB RSI Chart

FHB Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

11.41

Price/Sales (Trailing)

2.9

EV/EBITDA

0.95

Price/Free Cashflow

10.51

FHB Price/Sales (Trailing)

FHB Profitability

EBT Margin

33.48%

Return on Equity

9.45%

Return on Assets

0.94%

Free Cashflow Yield

9.52%

FHB Fundamentals

FHB Revenue

Revenue (TTM)

923.6M

Rev. Growth (Yr)

20.24%

Rev. Growth (Qtr)

0.51%

FHB Earnings

Earnings (TTM)

235.0M

Earnings Growth (Yr)

-40.32%

Earnings Growth (Qtr)

-18.41%

Breaking Down FHB Revenue

52 Week Range

15.0822.59

(Low)(High)

Last 7 days

0.2%

Last 30 days

-2.8%

Last 90 days

-3%

Trailing 12 Months

4.9%

How does FHB drawdown profile look like?

FHB Financial Health

Debt/Equity

0.2

Debt/Cashflow

0.51

FHB Investor Care

Dividend Yield

4.95%

Dividend/Share (TTM)

1.04

Buy Backs (1Y)

0.05%

Diluted EPS (TTM)

1.84

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of First Hawaiian Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 28, 2024	moses james m	acquired	-	-	13,461	vice ch & chief financial ofcr
Feb 28, 2024	blakeney darlene n.	acquired	-	-	5,384	evp & chief lending officer
Feb 28, 2024	harrison robert s	acquired	-	-	48,077	chairman, president and ceo
Feb 28, 2024	nakamura lea m.	acquired	-	-	7,211	evp & chief risk officer
Feb 28, 2024	arizumi alan	acquired	-	-	5,769	vice chairman
Feb 28, 2024	dods christopher l	acquired	-	-	14,423	vice ch & chief operating ofcr
Feb 28, 2024	char neill	acquired	-	-	5,769	vice chairman
Feb 28, 2024	arizumi alan	acquired	-	-	895	vice chairman
Feb 28, 2024	arizumi alan	acquired	-	-	913	vice chairman
Feb 24, 2024	harrison robert s	sold (taxes)	-63,945	21.16	-3,022	chairman, president and ceo

Which funds bought or sold FHB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	reduced	-8.6	-259	1,867	-%
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	-30.00	725	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	1.29	-860,237	30,989,200	0.05%
Apr 18, 2024	Hexagon Capital Partners LLC	reduced	-37.5	-220	329	-%
Apr 16, 2024	Arlington Trust Co LLC	sold off	-100	-1,623	-	-%
Apr 15, 2024	JANICZEK WEALTH MANAGEMENT, LLC	added	0.25	-7,283	189,954	0.04%
Apr 10, 2024	Bruce G. Allen Investments, LLC	unchanged	-	-107	2,613	-%
Apr 09, 2024	Alaska Permanent Fund Corp	reduced	-60.00	-1,433,450	894,475	0.01%
Apr 05, 2024	GAMMA Investing LLC	reduced	-18.1	-6,386	31,008	0.01%
Apr 05, 2024	CWM, LLC	reduced	-5.97	-2,000	20,000	-%

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
Mar 14, 2024	ARS	ARS
Mar 14, 2024	DEF 14A	DEF 14A
Mar 14, 2024	DEFA14A	DEFA14A
Mar 13, 2024	4/A	Insider Trading
Mar 01, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading
Mar 01, 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	535.2B	171.1B	-5.35%	31.97%	10.8	3.13	60.72%	31.52%
BAC	291.1B	130.3B	0.60%	23.65%	10.98	2.23	79.51%	-3.68%
WFC	216.0B	85.7B	5.36%	44.88%	11.28	2.52	41.49%	39.96%
C	113.1B	133.3B	-1.61%	19.76%	12.25	0.85	79.09%	-
CFG	15.6B	10.2B	-2.44%	16.96%	9.7	1.53	44.53%	-22.43%
KEY	13.7B	7.9B	-2.66%	21.59%	14.14	1.72	46.47%	-49.56%
MID-CAP
CMA	6.8B	4.2B	-0.35%	12.62%	7.76	1.64	56.25%	-23.46%
ZION	5.9B	3.9B	-3.44%	28.21%	8.69	1.5	45.91%	-25.03%
ABCB	3.2B	1.3B	-2.65%	33.98%	11.87	2.5	43.24%	-22.35%
ASB	3.1B	2.0B	-1.20%	13.72%	16.97	1.59	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	409.6M	164.9M	-5.29%	32.50%	35.02	2.48	42.66%	-70.76%
AROW	377.2M	162.6M	-6.69%	-0.22%	12.54	2.32	25.39%	-38.37%
ACNB	276.3M	96.6M	-11.56%	-1.79%	8.72	2.86	11.02%	-11.37%
ASRV	47.0M	60.9M	2.66%	-13.74%	-14.04	0.77	24.06%	-144.92%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.5%	241	240	229	214	200	176	150	137	141	137	136	135	292	142	141	159	249	170	174	173	267
EBITDA Margin	-10.1%	1.07*	1.19*	1.13*	1.22*	1.29*	1.24*	1.25*	1.31*	1.30*	1.35*	1.34*	1.21*	-	-	-	-	-	-	-	-	-
Interest Expenses	-3.4%	152	157	160	167	172	163	145	134	137	133	131	129	135	134	128	139	140	143	146	145	144
Income Taxes	-17.3%	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	22.00
Earnings Before Taxes	-18.1%	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	82.00
EBT Margin	-15.5%	0.33*	0.40*	0.38*	0.42*	0.44*	0.41*	0.43*	0.49*	0.49*	0.51*	0.51*	0.38*	-	-	-	-	-	-	-	-	-
Net Income	-18.4%	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	60.00
Net Income Margin	-15.9%	0.25*	0.30*	0.29*	0.32*	0.34*	0.32*	0.33*	0.37*	0.37*	0.39*	0.38*	0.29*	-	-	-	-	-	-	-	-	-
Free Cashflow	57.2%	41.00	26.00	105	83.00	109	156	99.00	66.00	120	48.00	94.00	154	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.1%	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	20,696
Cash Equivalents	43.4%	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	1,004
Net PPE	1.3%	281	278	278	278	280	299	310	316	318	317	319	320	322	321	323	321	317	315	313	311	305
Goodwill	0%	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995	995
Liabilities	-0.5%	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	18,171
Short Term Borrowings	0%	500	500	-	250	75.00	-	-	-	-	-	-	-	-	-	200	400	400	400	200	-	-
Long Term Debt	-	-	-	500	500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	5.7%	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	2,525
Retained Earnings	1.7%	838	824	799	770	737	690	655	629	605	581	551	497	474	446	415	429	437	403	364	326	292
Additional Paid-In Capital	0.1%	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	2,496
Shares Outstanding	0.0%	128	128	128	128	127	128	128	128	129	129	130	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	57.2%	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	85,902
Share Based Compensation	0.5%	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	1,301
Cashflow From Investing	204.5%	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	-380,130
Cashflow From Financing	-153.0%	-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	598,372
Dividend Payments	0%	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	32,370
Buy Backs	-	-	-	-	-	-	2,478	-	-	21,505	21,567	22,385	9,543	-	-	-	5,000	37,433	58,809	-	-	-

FHB Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income
Loans and lease financing	$ 748,053	$ 509,820	$ 444,488
Available-for-sale investment securities	74,241	87,108	101,410
Held-to-maturity investment securities	73,497	55,376
Other	27,788	10,916	3,413
Total interest income	923,579	663,220	549,311
Interest expense
Deposits	258,221	49,201	13,853
Short-term and long-term borrowings	26,289	470	4,899
Other	2,942
Total interest expense	287,452	49,671	18,752
Net interest income	636,127	613,549	530,559
Provision for credit losses	26,630	1,392	(39,000)
Net interest income after provision for credit losses	609,497	612,157	569,559
Noninterest income
Service charges on deposit accounts	29,647	28,809	27,510
Credit and debit card fees	63,888	66,028	63,580
Other service charges and fees	37,299	37,036	38,578
Trust and investment services income	38,449	36,465	34,719
Bank-owned life insurance	15,326	1,248	13,185
Investment securities gains, net	792		102
Other	15,414	9,939	7,242
Total noninterest income	200,815	179,525	184,916
Noninterest expense
Salaries and employee benefits	225,755	199,129	182,384
Contracted services and professional fees	66,423	70,027	63,349
Occupancy	29,608	31,034	29,348
Equipment	45,109	34,506	24,719
Regulatory assessment and fees	32,073	9,603	8,245
Advertising and marketing	7,615	7,996	6,108
Card rewards program	31,627	30,990	25,244
Other	62,928	57,186	66,082
Total noninterest expense	501,138	440,471	405,479
Income before provision for income taxes	309,174	351,211	348,996
Provision for income taxes	74,191	85,526	83,261
Net income	$ 234,983	$ 265,685	$ 265,735
Basic earnings per share (in dollars per share)	$ 1.84	$ 2.08	$ 2.06
Diluted earnings per share (in dollars per share)	$ 1.84	$ 2.08	$ 2.05
Basic weighted-average outstanding shares (in shares)	127,567,547	127,489,889	128,963,131
Diluted weighted-average outstanding shares (in shares)	127,915,873	127,981,699	129,537,922

FHB Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 185,015	$ 297,502
Interest-bearing deposits in other banks	1,554,882	229,122
Available-for-sale, at fair value (amortized cost: $2,558,675 as of December 31, 2023 and $3,549,599 as of December 31, 2022)	2,255,336	3,151,133
Held-to-maturity, at amortized cost (fair value: $3,574,856 as of December 31, 2023 and $3,814,822 as of December 31, 2022)	4,041,449	4,320,639
Loans held for sale	190
Loans and leases	14,353,497	14,092,012
Less: allowance for credit losses	156,533	143,900
Net loans and leases	14,196,964	13,948,112
Premises and equipment, net	281,461	280,355
Other real estate owned and repossessed personal property		91
Accrued interest receivable	84,417	78,194
Bank-owned life insurance	479,907	473,067
Goodwill	995,492	995,492
Mortgage servicing rights	5,699	6,562
Other assets	845,662	796,954
Total assets	24,926,474	24,577,223
Deposits:
Interest-bearing	13,749,095	12,824,383
Noninterest-bearing	7,583,562	8,864,646
Total deposits	21,332,657	21,689,029
Short-term borrowings	500,000	75,000
Retirement benefits payable	103,285	102,577
Other liabilities	504,466	441,612
Total liabilities	22,440,408	22,308,218
Commitments and contingent liabilities (Note 17)
Stockholders' equity
Common stock ($0.01 par value; authorized 300,000,000 shares; issued/outstanding: 141,340,539 / 127,618,761 as of December 31, 2023; issued/outstanding: 140,963,918 / 127,363,327 as of December 31, 2022)	1,413	1,410
Additional paid-in capital	2,548,250	2,538,336
Retained earnings	837,859	736,544
Accumulated other comprehensive loss, net	(530,210)	(639,254)
Treasury stock (13,721,778 shares as of December 31, 2023 and 13,600,591 shares as of December 31, 2022)	(371,246)	(368,031)
Total stockholders' equity	2,486,066	2,269,005
Total liabilities and stockholders' equity	$ 24,926,474	$ 24,577,223

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 Apr 19 2024, market cap of First Hawaiian Inc is 2.68 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 Apr 19 2024, FHB's PE ratio (Price to Earnings) is 11.41 and Price to Sales (PS) ratio is 2.9. 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.