First Hawaiian (NASDAQ:FHB) Announces Earnings Results

First Hawaiian (NASDAQ:FHB) posted its quarterly earnings results on Friday. The bank reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.01, FiscalAI reports. First Hawaiian had a return on equity of 9.68% and a net margin of 22.60%.The firm had revenue of $199.68 million for the quarter, compared to analyst estimates of $225.33 million. During the same quarter in the previous year, the firm earned $0.41 EPS.

Here are the key takeaways from First Hawaiian’s conference call:

• Strong quarter with NIM up to 3.21%, net interest income of $170.3M, and return on average tangible equity of 15.8% in Q4 (16.3% for the full year).
• Company is well-capitalized and completed ~1M share repurchase using the remaining 2025 authorization, then authorized an open‑ended $250M buyback to increase capital-return flexibility.
• Credit quality remains strong: low net charge-offs ($5M in Q4), provision of $7.7M, and allowance for credit losses rose to $168.5M (coverage ~118 bps), with management calling reserves conservative.
• 2026 outlook: management expects loans to grow 3%–4% (CRE and C&I), NIM guided to 3.16%–3.18%, non‑interest income ~ $220M and expenses ~ $520M, while noting potential headwinds from Fed cuts and deposit beta.

First Hawaiian Trading Down 3.7%

NASDAQ FHB opened at $26.55 on Friday. The company has a 50 day moving average of $26.15 and a 200-day moving average of $25.26. First Hawaiian has a 1-year low of $20.32 and a 1-year high of $28.35. The company has a market cap of $3.28 billion, a price-to-earnings ratio of 12.95, a PEG ratio of 1.94 and a beta of 0.73.

First Hawaiian Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.04 annualized dividend and a dividend yield of 3.9%. First Hawaiian’s dividend payout ratio (DPR) is currently 50.73%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on FHB shares. Keefe, Bruyette & Woods upped their price target on shares of First Hawaiian from $28.00 to $29.00 and gave the stock a “market perform” rating in a research report on Tuesday, October 28th. JPMorgan Chase & Co. raised their target price on shares of First Hawaiian from $27.00 to $29.00 and gave the company an “underweight” rating in a research note on Tuesday, December 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of First Hawaiian in a research report on Monday, December 29th. Piper Sandler raised their price objective on First Hawaiian from $27.00 to $28.00 and gave the company a “neutral” rating in a research report on Monday, October 27th. Finally, The Goldman Sachs Group set a $27.50 target price on First Hawaiian and gave the stock a “sell” rating in a report on Tuesday, January 6th. Six equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, First Hawaiian has an average rating of “Reduce” and an average target price of $27.64.

Insider Activity

In related news, insider Alan Arizumi sold 6,566 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $25.34, for a total value of $166,382.44. Following the completion of the transaction, the insider owned 1,962 shares of the company’s stock, valued at $49,717.08. The trade was a 76.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On First Hawaiian

Several institutional investors and hedge funds have recently added to or reduced their stakes in FHB. AQR Capital Management LLC boosted its stake in First Hawaiian by 230.8% in the third quarter. AQR Capital Management LLC now owns 2,206,361 shares of the bank’s stock valued at $54,784,000 after buying an additional 1,539,415 shares in the last quarter. Two Sigma Investments LP lifted its stake in shares of First Hawaiian by 162.4% in the 3rd quarter. Two Sigma Investments LP now owns 536,855 shares of the bank’s stock valued at $13,330,000 after acquiring an additional 332,258 shares during the last quarter. First Trust Advisors LP boosted its holdings in shares of First Hawaiian by 24.2% during the 3rd quarter. First Trust Advisors LP now owns 905,949 shares of the bank’s stock valued at $22,495,000 after acquiring an additional 176,666 shares in the last quarter. Quantinno Capital Management LP increased its holdings in First Hawaiian by 117.6% in the 2nd quarter. Quantinno Capital Management LP now owns 312,038 shares of the bank’s stock worth $7,788,000 after purchasing an additional 168,649 shares in the last quarter. Finally, Jane Street Group LLC raised its position in First Hawaiian by 1,034.4% in the first quarter. Jane Street Group LLC now owns 167,385 shares of the bank’s stock valued at $4,091,000 after purchasing an additional 152,630 shares during the last quarter. 97.63% of the stock is currently owned by institutional investors.

Trending Headlines about First Hawaiian

Here are the key news stories impacting First Hawaiian this week:

• Positive Sentiment: Board approved a quarterly cash dividend of $0.26 per share (payable Feb. 27) and reaffirmed regular cash returns to shareholders. First Hawaiian Press Release
• Positive Sentiment: Board adopted a stock repurchase program for up to $250M (management also repurchased ~$100M in 2025, ~$26M in Q4), which supports EPS accretion and shareholder value over time. First Hawaiian Press Release
• Positive Sentiment: Q4 net income of $69.9M, diluted EPS $0.56, modestly beating consensus ($0.55); loans grew +$183.1M and net interest margin ticked higher to 3.21%, indicating loan demand and slightly improved interest income. MarketBeat Earnings Summary
• Neutral Sentiment: Earnings call transcript and slide deck are available for detail on guidance and management commentary if you want color on strategy and capital allocation. Earnings Call Transcript
• Neutral Sentiment: Additional analyst write-ups and metric breakdowns published today provide deeper context on the quarter’s drivers (Zacks coverage). Zacks Analysis
• Neutral Sentiment: Local leadership/promotions were announced (corporate staffing update) — low direct market impact. Maui Now
• Negative Sentiment: Revenue missed expectations materially — reported revenue ~$199.7M vs. analyst estimates near $225M — the top-line shortfall likely drove investor concern about fee and noninterest income momentum. MarketBeat Earnings Summary
• Negative Sentiment: Total deposits fell by $213.9M quarter-over-quarter, pressuring liquidity/low-cost funding and raising questions about deposit stability. Press Release
• Negative Sentiment: Provision for credit losses rose to $7.7M (from $4.5M prior quarter) and non-performing assets increased vs. prior quarter — a sign investors may view as early credit pressure to monitor. Press Release
• Negative Sentiment: Some sell-side skepticism remains (recent underweight/negative views from a few firms), which can amplify downside after a mixed quarter. QuiverQuant Summary

About First Hawaiian

First Hawaiian, Inc is the oldest and largest bank in Hawaii, operating as the bank holding company for First Hawaiian Bank. Established in 1858, the company offers a full suite of financial services to individual, business and institutional clients. Its product portfolio includes consumer and commercial lending, deposit accounts, treasury and cash management, foreign exchange and trade finance, as well as wealth management and trust services.

First Hawaiian serves customers through an extensive network of branches, ATMs and digital channels across the Hawaiian Islands, Guam, Saipan and American Samoa.