First Hawaiian, Inc. (FHB) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, First Hawaiian reported revenue of $880.8M, up 8.9% from $808.5M the year before. Net income was $276.3M (a 31.4% net margin), or $2.20 per diluted share. Net interest income was $663.7M, and the efficiency ratio (noninterest expense / revenue) was 56.7%. Operating activities generated $335.1M of cash, leaving $303.3M of free cash flow. At fiscal year end, First Hawaiian held $23.96B in total assets against $21.19B in total liabilities.
Open the full interactive First Hawaiian financials → Quarterly statements, key ratios, valuation history and price charts.
First Hawaiian Key Stats
| Share Price | $24.47 |
|---|---|
| Market Cap | $2.99B |
| P/E Ratio | 11.1 |
| Revenue YoY Growth | +8.9% |
| 52-Week Range | $21.87 – $30.05 |
| Shares Outstanding | 121.7 million (basic, 2026 Q2) |
First Hawaiian Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $535.7M | $530.6M | $613.5M | $636.1M | $622.7M | $663.7M |
| Provision for Credit Losses | $121.7M | -$39.0M | $1.4M | $26.6M | $14.8M | $27.2M |
| Noninterest Income | $197.4M | $184.9M | $179.5M | $200.8M | $185.8M | $217.0M |
| Noninterest Expense | $367.7M | $405.5M | $440.5M | $501.1M | $501.2M | $499.3M |
| Revenue | $733.1M | $715.5M | $793.1M | $836.9M | $808.5M | $880.8M |
| Pre-Tax Income | $243.7M | $349.0M | $351.2M | $309.2M | $292.6M | $354.2M |
| Income Tax | $58.0M | $83.3M | $85.5M | $74.2M | $62.5M | $78.0M |
| Net Income | $185.8M | $265.7M | $265.7M | $235.0M | $230.1M | $276.3M |
| Diluted EPS | $1.43 | $2.05 | $2.08 | $1.84 | $1.79 | $2.20 |
First Hawaiian Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $226.4M | $225.9M | $220.3M | $231.3M |
| Net Income | $73.8M | $69.9M | $67.8M | $73.4M |
| Diluted EPS | $0.59 | $0.56 | $0.55 | $0.60 |
First Hawaiian Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.04B | — | — | — | — | — |
| Loans (Net) | $13.07B | $12.80B | — | — | — | — |
| Total Assets | $22.66B | $24.99B | $24.58B | $24.93B | $23.83B | $23.96B |
| Deposits | $19.23B | $21.82B | $21.69B | $21.33B | $20.32B | $20.52B |
| Total Long-Term Debt | $200.0M | — | — | — | — | — |
| Total Liabilities | $19.92B | $22.34B | $22.31B | $22.44B | $21.21B | $21.19B |
| Shareholders' Equity | $2.74B | $2.66B | $2.27B | $2.49B | $2.62B | $2.77B |
First Hawaiian Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $209.5M | $417.1M | $430.6M | $255.0M | $317.5M | $335.1M |
| Cash From Investing | -$2.10B | -$2.38B | -$965.1M | $1.03B | $548.6M | $264.1M |
| Cash From Financing | $2.24B | $2.18B | -$197.4M | -$66.9M | -$1.44B | -$291.6M |
| Free Cash Flow | $176.1M | $396.7M | $417.3M | $239.0M | $288.7M | $303.3M |
Figures from First Hawaiian's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full First Hawaiian financials page for every line item.
First Hawaiian Company Profile
| Ticker | FHB |
|---|---|
| Exchange | Nasdaq |
| Industry | State Commercial Banks |
| Headquarters | Honolulu, Hawaii |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000036377 |
Frequently Asked Questions
What was First Hawaiian's revenue in fiscal 2025?
First Hawaiian (FHB) reported revenue of $880.8M for fiscal 2025.
What is First Hawaiian's annual revenue history?
First Hawaiian's annual revenue by fiscal year: 2020: $733.1M; 2021: $715.5M; 2022: $793.1M; 2023: $836.9M; 2024: $808.5M; 2025: $880.8M.
What was First Hawaiian's net income in fiscal 2025?
First Hawaiian reported net income of $276.3M for fiscal 2025.
What was First Hawaiian's earnings per share (EPS) in fiscal 2025?
First Hawaiian's diluted EPS was $2.20 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did First Hawaiian generate in fiscal 2025?
First Hawaiian generated $303.3M of free cash flow in fiscal 2025.
What was First Hawaiian's revenue last quarter?
In its most recent reported quarter (2026 Q2), First Hawaiian reported revenue of $231.3M.
How many shares of First Hawaiian are outstanding?
First Hawaiian reported a weighted average of 121.7 million basic shares outstanding in 2026 Q2.
What is First Hawaiian's market cap?
Based on its latest closing price, First Hawaiian (FHB) has a market capitalization of about $2.99B.
When does First Hawaiian's fiscal year end?
First Hawaiian's fiscal year end, as registered with the SEC, is December 31.
Where is First Hawaiian headquartered?
First Hawaiian lists its business address in Honolulu, Hawaii in its SEC filings.