FHB Stock Analysis: First Hawaiian | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 3.064m USD | 12M Return: 4.8% | US32051X1081 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 50.6M
EPS Trend: 65.8%
Qual. Beats: 0
Rev. Trend: -10.9%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
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 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: 284.9m 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 September 27, 2026, the stock is trading at USD 25.25 with a total of 1,828,507 shares traded. Over the past week, the price has changed by -1.98%, over one month by -2.06%, over three months by -13.00% and over the past year by +4.84%.
Current recommended Stop Loss: 24.60 (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 | 30.8 | 21.9% |
P/E Trailing = 11.0925
P/E Forward = 12.2249
P/S = 3.4775
P/B = 1.0975
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 = 2.80b USD (3.06b + Debt 10.0k - CCE 263.8m)
Interest Coverage Ratio = 0.72 (Ebit TTM 189.6m / Interest Expense TTM 263.3m)
EV/FCF = 8.69x (Enterprise Value 2.80b / FCF TTM 322.4m)
FCF Yield = 11.51% (FCF TTM 322.4m / Enterprise Value 2.80b)
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 2.80b / 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 = 8.66% (E(3.06b)/V(3.06b) * Re(8.66%) + (debt cost/tax rate unavailable))
Discount Rate = 8.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.20 | Cagr: -1.89%
[DCF] Terminal Value 74.95% ; FCFF base≈316.9m ; Y1≈330.0m ; Y5≈376.2m
[DCF] Fair Price = 47.48 (EV 5.51b - Net Debt -263.8m = Equity 5.78b / Shares 121.7m; r=8.66% [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=-2.48% | Revisions=-44% | Analysts=10
EPS current Year (2026-12-31): EPS=2.35 | Chg30d=+0.48% | Revisions=+22% | GrowthEPS=+6.7% | GrowthRev=+6.2%
EPS next Year (2027-12-31): EPS=2.53 | Chg30d=+1.25% | Revisions=+36% | GrowthEPS=+7.6% | GrowthRev=+55.8%
[Analyst] Revisions Ratio: +9% (up=11, down=9)