📊 FHB Key Takeaways
Is First Hawaiian, Inc.. (FHB) a Good Investment?
First Hawaiian exhibits strong profitability margins and cash generation, but faces fundamental business deterioration with revenue declining 7.4% YoY and net earnings flat, indicating structural headwinds in the operating environment. The critically poor returns on capital (ROE 2.4%, ROA 0.3%) combined with dangerously thin interest coverage (1.0x) expose the bank to significant refinancing and credit quality risks.
First Hawaiian shows solid core profitability, with a 40.2% operating margin, 31.4% net margin, and healthy bank-level returns of 10.0% ROE and 1.2% ROA. Financial health appears sound given low leverage and strong free cash flow generation, but flat net income and a 7.4% revenue decline point to limited growth momentum and make the fundamentals more balanced than clearly bullish.
Why Buy First Hawaiian, Inc.. Stock? FHB Key Strengths
- Strong operating margin of 39.7% and net margin of 30.8%
- Excellent free cash flow generation with FCF margin of 70.5%
- Conservative capital structure with low 0.18x debt-to-equity ratio
- Significant insider activity with 36 Form 4 filings in past 90 days
- Strong profitability profile with 40.2% operating margin and 31.4% net margin
- Conservative balance sheet with low debt-to-equity of 0.18x and solid equity base
- Healthy cash generation with $303.29M of free cash flow and 34.4% FCF margin
FHB Stock Risks: First Hawaiian, Inc.. Investment Risks
- Revenue declining 7.4% YoY with flat net income growth indicates structural business deterioration
- Extremely poor returns on capital (ROE 2.4%, ROA 0.3%) far below peer norms for regional banks
- Interest coverage ratio of 1.0x is critically tight, leaving minimal margin for rate environment shifts or credit deterioration
- EPS growth (+22.9%) driven by share buybacks rather than underlying earnings improvement, masking weakness
- Revenue declined 7.4% year over year, indicating pressure on top-line growth
- Net income was essentially flat, suggesting earnings growth is not broad-based
- Interest coverage of 3.9x is adequate but not especially strong if funding costs stay elevated
Key Metrics to Watch
- Net Interest Margin (NIM) trends and deposit composition
- Non-performing asset ratios and loan loss provisions
- Core deposit growth and liquidity metrics
- Return on Equity and Return on Assets trajectory
- Net interest income and total revenue growth
- ROE/ROA trend alongside credit quality and capital levels
First Hawaiian, Inc.. (FHB) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 70.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
FHB Profit Margin, ROE & Profitability Analysis
FHB vs Finance Sector: How First Hawaiian, Inc.. Compares
How First Hawaiian, Inc.. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is First Hawaiian, Inc.. Stock Overvalued? FHB Valuation Analysis 2026
Based on fundamental analysis, First Hawaiian, Inc.. has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
First Hawaiian, Inc.. Balance Sheet: FHB Debt, Cash & Liquidity
FHB Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: First Hawaiian, Inc..'s revenue has grown significantly by 15% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.84 reflects profitable operations.
FHB Revenue Growth, EPS Growth & YoY Performance
FHB Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $211.0M | $59.2M | $0.47 |
| Q3 2025 | $210.0M | $61.5M | $0.48 |
| Q2 2025 | $204.6M | $61.9M | $0.48 |
| Q1 2025 | $205.8M | $54.2M | $0.42 |
| Q3 2024 | $203.2M | $58.2M | $0.46 |
| Q2 2024 | $204.6M | $61.9M | $0.48 |
| Q1 2024 | $205.8M | $54.2M | $0.42 |
| Q3 2023 | $203.2M | $58.2M | $0.46 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
First Hawaiian, Inc.. Dividends, Buybacks & Capital Allocation
FHB SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for First Hawaiian, Inc.. (CIK: 0000036377)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FHB
What is the AI rating for FHB?
First Hawaiian, Inc.. (FHB) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 71% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are FHB's key strengths?
Claude: Strong operating margin of 39.7% and net margin of 30.8%. Excellent free cash flow generation with FCF margin of 70.5%. ChatGPT: Strong profitability profile with 40.2% operating margin and 31.4% net margin. Conservative balance sheet with low debt-to-equity of 0.18x and solid equity base.
What are the risks of investing in FHB?
Claude: Revenue declining 7.4% YoY with flat net income growth indicates structural business deterioration. Extremely poor returns on capital (ROE 2.4%, ROA 0.3%) far below peer norms for regional banks. ChatGPT: Revenue declined 7.4% year over year, indicating pressure on top-line growth. Net income was essentially flat, suggesting earnings growth is not broad-based.
What is FHB's revenue and growth?
First Hawaiian, Inc.. reported revenue of $220.3M.
Does FHB pay dividends?
First Hawaiian, Inc.. pays dividends, with $33.1M distributed to shareholders in the trailing twelve months.
Where can I find FHB SEC filings?
Official SEC filings for First Hawaiian, Inc.. (CIK: 0000036377) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FHB's EPS?
First Hawaiian, Inc.. has a diluted EPS of $0.55.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is FHB a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, First Hawaiian, Inc.. has a SELL rating with 71% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is FHB stock overvalued or undervalued?
Valuation metrics for FHB: ROE of 2.4% (sector avg: 12%), net margin of 30.8% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
Should I buy FHB stock in 2026?
Our dual AI analysis gives First Hawaiian, Inc.. a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is FHB's free cash flow?
First Hawaiian, Inc..'s operating cash flow is $159.7M, with capital expenditures of $4.3M. FCF margin is 70.5%.
How does FHB compare to other Finance stocks?
Vs Finance sector averages: Net margin 30.8% (avg: 25%), ROE 2.4% (avg: 12%), current ratio N/A (avg: 1.2).