FHB Stock Analysis: First Hawaiian | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 2.996m USD | 12M Return: 5% | US32051X1081 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 52.8M
EPS Trend: 65.8%
Qual. Beats: 0
Rev. Trend: -10.9%
Qual. Beats: -1
Warnings
Tailwinds
Seasonality 10.1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
First Hawaiian, Inc. (FHB) is a bank holding company that operates First Hawaiian Bank, providing a broad range of banking products and services to consumer and commercial customers in the United States. The company is headquartered in Honolulu, Hawaii, and was founded in 1858, making it one of the oldest financial institutions in the United States. It conducts its operations through two main segments: Retail Banking and Commercial Banking.
The company offers an extensive suite of deposit products, including checking, savings, and time deposit accounts, as well as a variety of lending solutions such as 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. It also specializes in commercial lease and auto dealer financing services, alongside commercial and industrial lending, which includes auto dealer flooring, commercial real estate lending, and construction lending.
In addition to traditional banking, First Hawaiian provides wealth management, personal installment loans, individual investment and financial planning, insurance protection, trust and estate services, private banking, investment management, retirement planning, and credit card and merchant processing services. The company distributes its products through branch, online, and mobile channels. First Hawaiian, Inc. operates as a mid-cap regional bank, a sector characterized by institutions that serve specific geographic markets and offer more personalized services compared to larger national banks.
- Hawaii tourism recovery drives deposit and loan growth
- Net interest margin expansion outpaces mainland peers
- CRE concentration risk in Hawaii commercial real estate portfolio
| Net Income: 284.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.07 > 1.0 |
| NWC/Revenue: -2.03k% < 20% (prev -1.66k%; Δ -372.2% < -1%) |
| CFO/TA 0.01 > 3% & CFO 334.9m > Net Income 284.9m |
| Net Debt (-263.8m) to EBITDA (205.4m): -1.28 < 3 |
| Current Ratio: 0.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (122.8m) vs 12m ago -2.39% < -2% |
| Gross Margin: 70.67% > 18% (prev 69.17%; Δ 1.50% > 0.5%) |
| Asset Turnover: 4.11% > 50% (prev 4.68%; Δ -0.57% > 0%) |
| Interest Coverage Ratio: 0.72 > 6 (EBIT TTM 189.6m / Interest Expense TTM 263.3m) |
| A: -0.84 (Total Current Assets 340.4m - Total Current Liabilities 20.2b) / Total Assets 23.6b |
| B: 0.05 (Retained Earnings 1.16b / Total Assets 23.6b) |
| C: 0.01 (EBIT TTM 189.6m / Avg Total Assets 23.7b) |
| D: 0.14 (Book Value of Equity 2.83b / Total Liabilities 20.8b) |
| Altman-Z'' = -5.14 = D |
| DSRI: 0.17 (Receivables 76.6m/502.5m, Revenue 976.3m/1.12b) |
| GMI: 0.98 (GM 69.17% / 70.67%) |
| AQI: 1.08 (AQ_t 0.97 / AQ_t-1 0.90) |
| SGI: 0.87 (Revenue 976.3m / 1.12b) |
| TATA: -0.00 (NI 284.9m - CFO 334.9m) / TA 23.6b) |
| Beneish M = -3.77 (Cap -4..+1) = AAA |
As of October 06, 2026, the stock is trading at USD 25.04 with a total of 2,052,396 shares traded. Over the past week, the price has changed by +0.32%, over one month by -2.98%, over three months by -16.69% and over the past year by +5.02%.
Current recommended Stop Loss: 24.40 (which is 2.6% or 1.4 ATR below the current price).
First Hawaiian has received a consensus analysts rating of 2.38. Therefore, it is recommended to sell FHB.
- StrongBuy: 0
- Buy: 0
- Hold: 4
- Sell: 3
- StrongSell: 1
| Analysts Target Price | 30.2 | 20.7% |
P/E Trailing = 10.7043
P/E Forward = 12.2249
P/S = 3.4002
P/B = 1.0676
P/EG = 3.05
Revenue TTM = 976.3m USD
EBIT TTM = 189.6m USD
EBITDA TTM = 205.4m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 10.0k USD (Leases only: 10.0k)
Net Debt = -263.8m USD (calculated: Debt 10.0k - CCE 263.8m)
Enterprise Value = 2.73b USD (3.00b + Debt 10.0k - CCE 263.8m)
Interest Coverage Ratio = 0.72 (Ebit TTM 189.6m / Interest Expense TTM 263.3m)
EV/FCF = 8.47x (Enterprise Value 2.73b / FCF TTM 322.4m)
FCF Yield = 11.80% (FCF TTM 322.4m / Enterprise Value 2.73b)
FCF Margin = 33.02% (FCF TTM 322.4m / Revenue TTM 976.3m)
Net Margin = 29.18% (Net Income TTM 284.9m / Revenue TTM 976.3m)
Gross Margin = 70.67% ((Revenue TTM 976.3m - Cost of Revenue TTM 286.3m) / Revenue TTM)
Gross Margin QoQ = 39.19% (prev 76.23%)
Tobins Q-Ratio = 0.12 (Enterprise Value 2.73b / Total Assets 23.6b)
Interest Expense / Debt = 2.63m% (Interest Expense 263.3m / Debt 10.0k)
Taxrate = 23.38% (87.0m / 371.9m)
NOPAT = 145.3m (EBIT 189.6m * (1 - 23.38%))
Current Ratio = 0.02 (Total Current Assets 340.4m / Total Current Liabilities 20.2b)
Debt / Equity = 0.00 (Debt 10.0k / totalStockholderEquity, last quarter 2.83b)
Debt / EBITDA = -1.28 (Net Debt -263.8m / EBITDA 205.4m)
Debt / FCF = -0.82 (Net Debt -263.8m / FCF TTM 322.4m)
Total Stockholder Equity = 2.77b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.20% (Net Income 284.9m / Total Assets 23.6b)
RoE = 10.27% (Net Income TTM 284.9m / Total Stockholder Equity 2.77b)
RoCE = 5.43% (EBIT 189.6m / Capital Employed (Total Assets 23.6b - Current Liab 20.2b))
RoIC = 4.22% (NOPAT 145.3m / Invested Capital 3.44b)
WACC = 8.65% (E(3.00b)/V(3.00b) * Re(8.65%) + (debt cost/tax rate unavailable))
Discount Rate = 8.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.20 | Cagr: -1.89%
[DCF] Terminal Value 74.98% ; FCFF base≈316.9m ; Y1≈330.0m ; Y5≈376.2m
[DCF] Fair Price = 47.55 (EV 5.52b - Net Debt -263.8m = Equity 5.79b / Shares 121.7m; r=8.65% [WACC]; 5y FCF grow 4.49% → 2.50% )
EPS Correlation: 65.79 | EPS CAGR: 7.79% | SUE: 0.0 | # QB: 0
Revenue Correlation: -10.95 | Revenue CAGR: -0.60% | SUE: -1.12 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.59 | Chg30d=-0.17% | Revisions=-44% | Analysts=10
EPS current Year (2026-12-31): EPS=2.35 | Chg30d=-0.09% | Revisions=+22% | GrowthEPS=+6.6% | GrowthRev=+7.4%
EPS next Year (2027-12-31): EPS=2.52 | Chg30d=-0.02% | Revisions=+36% | GrowthEPS=+7.6% | GrowthRev=+54.1%
[Analyst] Revisions Ratio: +9% (up=11, down=9)