Stocks · Financials · State Commercial Banks

FIRST HAWAIIAN, INC.

FHB Clue Score48
United States Fiscal year ends December CIK 0000036377
$24.69 -1.08% Close, 9 Oct 2026
Price $24.69 −13.61% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Net income0.23EPS, diluted1.65Fiscal year 2017Net income0.18 −20.2%EPS, diluted1.32 −20.0%Fiscal year 2018Revenue0.75Net income0.26 +43.9%EPS, diluted1.93 +46.2%Fiscal year 2019Revenue0.77 +2.8%Net income0.28 +7.6%EPS, diluted2.13 +10.4%Fiscal year 2020Revenue0.73 −4.3%Net income0.19 −34.7%EPS, diluted1.43 −32.9%Fiscal year 2021Revenue0.72 −2.4%Net income0.27 +43.1%EPS, diluted2.05 +43.4%Fiscal year 2022Revenue0.79 +10.8%Net income0.27 −0.0%EPS, diluted2.08 +1.5%Fiscal year 2023Revenue0.84 +5.5%Net income0.23 −11.6%EPS, diluted1.84 −11.5%Fiscal year 2024Revenue0.81 −3.4%Net income0.23 −2.1%EPS, diluted1.79 −2.7%Fiscal year 2025Revenue0.88 +8.9%Net income0.28 +20.0%EPS, diluted2.20 +22.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a n/a 0.75 0.77 0.73 0.72 0.79 0.84 0.81 0.88
Growth +2.8% −4.3% −2.4% +10.8% +5.5% −3.4% +8.9%
Net income 0.23 0.18 0.26 0.28 0.19 0.27 0.27 0.23 0.23 0.28
Growth −20.2% +43.9% +7.6% −34.7% +43.1% −0.0% −11.6% −2.1% +20.0%
EPS, diluted 1.65 1.32 1.93 2.13 1.43 2.05 2.08 1.84 1.79 2.20
Growth −20.0% +46.2% +10.4% −32.9% +43.4% +1.5% −11.5% −2.7% +22.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Fiscal year 2017Fiscal year 2018Net margin35.5%Free cash flow margin42.3%Fiscal year 2019Net margin37.1%Free cash flow margin34.9%Fiscal year 2020Net margin25.3%Free cash flow margin24.0%Fiscal year 2021Net margin37.1%Free cash flow margin55.4%Fiscal year 2022Net margin33.5%Free cash flow margin52.6%Fiscal year 2023Net margin28.1%Free cash flow margin28.6%Fiscal year 2024Net margin28.5%Free cash flow margin35.7%Fiscal year 2025Net margin31.4%Free cash flow margin34.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin n/a n/a 35.5% 37.1% 25.3% 37.1% 33.5% 28.1% 28.5% 31.4%
Free cash flow margin n/a n/a 42.3% 34.9% 24.0% 55.4% 52.6% 28.6% 35.7% 34.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.22Capital expenditure−0.02Free cash flow0.20Dividends paid−0.09Fiscal year 2017Operating cash flow0.27Capital expenditure−0.01Free cash flow0.26 +27.0%Dividends paid−0.12Fiscal year 2018Operating cash flow0.35Capital expenditure−0.04Free cash flow0.32 +21.5%Buybacks−0.13Dividends paid−0.13Fiscal year 2019Operating cash flow0.30Capital expenditure−0.03Free cash flow0.27 −15.3%Buybacks−0.14Dividends paid−0.14Fiscal year 2020Operating cash flow0.21Capital expenditure−0.03Free cash flow0.18 −34.1%Buybacks−0.01Dividends paid−0.14Fiscal year 2021Operating cash flow0.42Capital expenditure−0.02Free cash flow0.40 +125.2%Buybacks−0.08Dividends paid−0.13Fiscal year 2022Operating cash flow0.43Capital expenditure−0.01Free cash flow0.42 +5.2%Buybacks−0.01Dividends paid−0.13Fiscal year 2023Operating cash flow0.26Capital expenditure−0.02Free cash flow0.24 −42.7%Dividends paid−0.13Fiscal year 2024Operating cash flow0.32Capital expenditure−0.03Free cash flow0.29 +20.8%Buybacks−0.04Dividends paid−0.13Fiscal year 2025Operating cash flow0.34Capital expenditure−0.03Free cash flow0.30 +5.0%Buybacks−0.10Dividends paid−0.13
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.22 0.27 0.35 0.30 0.21 0.42 0.43 0.26 0.32 0.34
Capital expenditure −0.02 −0.01 −0.04 −0.03 −0.03 −0.02 −0.01 −0.02 −0.03 −0.03
Free cash flow 0.20 0.26 0.32 0.27 0.18 0.40 0.42 0.24 0.29 0.30
Growth +27.0% +21.5% −15.3% −34.1% +125.2% +5.2% −42.7% +20.8% +5.0%
Buybacks n/a n/a −0.13 −0.14 −0.01 −0.08 −0.01 n/a −0.04 −0.10
Dividends paid −0.09 −0.12 −0.13 −0.14 −0.14 −0.13 −0.13 −0.13 −0.13 −0.13

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1.05Shareholders’ equity2.48Fiscal year 2017Cash1.03Shareholders’ equity2.53Fiscal year 2018Cash1.00Shareholders’ equity2.52Fiscal year 2019Cash0.69Shareholders’ equity2.64Fiscal year 2020Cash1.04Shareholders’ equity2.74Fiscal year 2021Cash1.26Shareholders’ equity2.66Fiscal year 2022Cash0.53Total debt0.00Net cash (debt)0.53Shareholders’ equity2.27Debt to equity0.00Fiscal year 2023Cash1.74Shareholders’ equity2.49Fiscal year 2024Cash1.17Shareholders’ equity2.62Fiscal year 2025Cash1.48Shareholders’ equity2.77
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.05 1.03 1.00 0.69 1.04 1.26 0.53 1.74 1.17 1.48
Total debt n/a n/a n/a n/a n/a n/a 0.00 n/a n/a n/a
Net cash (debt) n/a n/a n/a n/a n/a n/a 0.53 n/a n/a n/a
Shareholders’ equity 2.48 2.53 2.52 2.64 2.74 2.66 2.27 2.49 2.62 2.77
Debt to equity n/a n/a n/a n/a n/a n/a 0.00 n/a n/a n/a

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
1.05 1.03 1.00 0.69 1.04 1.26 0.53 1.74 1.17 1.48
0.30 0.29 0.30 0.32 0.32 0.32 0.28 0.28 0.29 0.30
1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00
19.66 20.55 20.70 20.17 22.66 24.99 24.58 24.93 23.83 23.96
Growth +4.5% +0.7% −2.6% +12.4% +10.3% −1.7% +1.4% −4.4% +0.5%
Liabilities
n/a n/a n/a n/a n/a n/a 0.00 n/a n/a n/a
calc n/a n/a n/a n/a n/a n/a 0.00 n/a n/a n/a
17.19 18.02 18.17 17.53 19.92 22.34 22.31 22.44 21.21 21.19
Equity
0.08 0.14 0.29 0.44 0.47 0.60 0.74 0.84 0.93 1.08
2.48 2.53 2.52 2.64 2.74 2.66 2.27 2.49 2.62 2.77
Growth +2.3% −0.3% +4.6% +3.9% −3.2% −14.6% +9.6% +5.3% +5.8%
Per share and net cash
calc n/a n/a n/a n/a n/a n/a 0.53 n/a n/a n/a
139.5 139.6 134.9 129.9 129.9 127.5 127.4 127.6 126.4 122.7
calc 17.75 18.14 18.72 20.32 21.12 20.84 17.82 19.48 20.70 22.57

Lines marked calc are worked out here from filed figures; point at one for how.