FHB Stock Analysis: First Hawaiian | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 3.564m USD | 12M Return: 19.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 45.4M
EPS Trend: 25.4%
Qual. Beats: 0
Rev. Trend: 67.2%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 9.9 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 the bank holding company for First Hawaiian Bank, providing consumer and commercial banking products and services in the United States. The company operates through two segments: Retail Banking and Commercial Banking. Its offerings include deposit products (checking, savings, and time deposits), residential and commercial mortgage loans, home equity and auto loans, small business loans, commercial lease and auto dealer financing, as well as wealth management, trust and estate, private banking, and credit card and merchant processing services. Commercial lending includes auto dealer flooring, commercial real estate, and construction lending.
The company distributes its products through branch, online, and mobile channels. Founded in 1858 and headquartered in Honolulu, Hawaii, the company was formerly known as BancWest Corporation before adopting its current name in April 2016. As a regional bank focused heavily on the Hawaii market, First Hawaiian benefits from a geographically concentrated footprint that tends to limit direct competition from large national banks on the islands, though it also exposes the business to local economic conditions, particularly tourism and real estate cycles.
- Hawaii tourism recovery boosts loan demand and deposits
- Net interest margin compresses as Fed cuts rates
- Commercial real estate exposure raises credit risk concerns
| Net Income: 284.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.70 > 1.0 |
| NWC/Revenue: -917.5% < 20% (prev -1.66k%; Δ 743.8% < -1%) |
| CFO/TA 0.02 > 3% & CFO 458.1m > Net Income 284.8m |
| Net Debt (-225.7m) to EBITDA (398.3m): -0.57 < 3 |
| Current Ratio: 0.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (123.3m) vs 12m ago -3.00% < -2% |
| Gross Margin: 74.15% > 18% (prev 67.88%; Δ 6.27% > 0.5%) |
| Asset Turnover: 4.78% > 50% (prev 4.72%; Δ 0.06% > 0%) |
| Interest Coverage Ratio: 1.33 > 6 (EBIT TTM 364.8m / Interest Expense TTM 275.1m) |
| A: -0.43 (Total Current Assets 303.0m - Total Current Liabilities 10.8b) / Total Assets 24.3b |
| B: 0.05 (Retained Earnings 1.11b / Total Assets 24.3b) |
| C: 0.02 (EBIT TTM 364.8m / Avg Total Assets 24.0b) |
| D: 0.13 (Book Value of Equity 2.77b / Total Liabilities 21.5b) |
| Altman-Z'' = -2.46 = D |
| DSRI: 0.15 (Receivables 77.3m/514.0m, Revenue 1.15b/1.12b) |
| GMI: 0.92 (GM 67.88% / 74.15%) |
| AQI: 1.07 (AQ_t 0.98 / AQ_t-1 0.91) |
| SGI: 1.02 (Revenue 1.15b / 1.12b) |
| TATA: -0.01 (NI 284.8m - CFO 458.1m) / TA 24.3b) |
| Beneish M = -3.75 (Cap -4..+1) = AAA |
As of July 08, 2026, the stock is trading at USD 30.23 with a total of 1,476,604 shares traded. Over the past week, the price has changed by +3.35%, over one month by +9.77%, over three months by +18.89% and over the past year by +19.93%.
Current recommended Stop Loss: 29.40 (which is 2.7% or 1.3 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 | 28 | -7.4% |
P/E Trailing = 12.8509
P/E Forward = 13.9665
P/S = 4.1043
P/B = 1.2878
P/EG = 3.05
Revenue TTM = 1.15b USD
EBIT TTM = 364.8m USD
EBITDA TTM = 398.3m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 10.0k USD (Leases only: 10.0k)
Net Debt = -225.7m USD (calculated: Debt 10.0k - CCE 225.7m)
Enterprise Value = 3.34b USD (3.56b + Debt 10.0k - CCE 225.7m)
Interest Coverage Ratio = 1.33 (Ebit TTM 364.8m / Interest Expense TTM 275.1m)
EV/FCF = 7.76x (Enterprise Value 3.34b / FCF TTM 430.1m)
FCF Yield = 12.88% (FCF TTM 430.1m / Enterprise Value 3.34b)
FCF Margin = 37.46% (FCF TTM 430.1m / Revenue TTM 1.15b)
Net Margin = 24.81% (Net Income TTM 284.8m / Revenue TTM 1.15b)
Gross Margin = 74.15% ((Revenue TTM 1.15b - Cost of Revenue TTM 296.8m) / Revenue TTM)
Gross Margin QoQ = 76.23% (prev 74.61%)
Tobins Q-Ratio = 0.14 (Enterprise Value 3.34b / Total Assets 24.3b)
Interest Expense / Debt = 2.75m% (Interest Expense 275.1m / Debt 10.0k)
Taxrate = 21.92% (80.0m / 364.8m)
NOPAT = 284.8m (EBIT 364.8m * (1 - 21.92%))
Current Ratio = 0.03 (Total Current Assets 303.0m / Total Current Liabilities 10.8b)
Debt / Equity = 0.00 (Debt 10.0k / totalStockholderEquity, last quarter 2.77b)
Debt / EBITDA = -0.57 (Net Debt -225.7m / EBITDA 398.3m)
Debt / FCF = -0.52 (Net Debt -225.7m / FCF TTM 430.1m)
Total Stockholder Equity = 2.74b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.19% (Net Income 284.8m / Total Assets 24.3b)
RoE = 10.39% (Net Income TTM 284.8m / Total Stockholder Equity 2.74b)
RoCE = 2.72% (EBIT 364.8m / Capital Employed (Total Assets 24.3b - Current Liab 10.8b))
RoIC = 2.13% (NOPAT 284.8m / Invested Capital 13.4b)
WACC = 8.83% (E(3.56b)/V(3.56b) * Re(8.83%) + (debt cost/tax rate unavailable))
Discount Rate = 8.83% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -68.89 | Cagr: -1.64%
[DCF] Terminal Value 76.43% ; FCFF base≈360.3m ; Y1≈413.0m ; Y5≈607.8m
[DCF] Fair Price = 71.20 (EV 8.44b - Net Debt -225.7m = Equity 8.66b / Shares 121.6m; r=8.83% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 25.36 | EPS CAGR: 2.71% | SUE: 0.71 | # QB: 0
Revenue Correlation: 67.15 | Revenue CAGR: 3.72% | SUE: 0.61 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.58 | Chg30d=+5.11% | Revisions=+75% | Analysts=9
EPS next Quarter (2026-09-30): EPS=0.60 | Chg30d=+4.50% | Revisions=+75% | Analysts=9
EPS current Year (2026-12-31): EPS=2.32 | Chg30d=+3.83% | Revisions=+75% | GrowthEPS=+5.5% | GrowthRev=+3.9%
EPS next Year (2027-12-31): EPS=2.46 | Chg30d=+3.40% | Revisions=+58% | GrowthEPS=+5.8% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: +87% (up=35, down=1)