First Hawaiian (NASDAQ:FHB) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

First Hawaiian (NASDAQ:FHB) released its earnings results on Friday. The bank reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $199.68 million during the quarter, compared to analyst estimates of $225.33 million. During the same quarter in the prior year, the company earned $0.41 earnings per share.

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 1.7%

FHB stock traded down $0.46 during mid-day trading on Friday, reaching $27.12. The company’s stock had a trading volume of 867,639 shares, compared to its average volume of 1,495,396. The company has a market cap of $3.35 billion, a price-to-earnings ratio of 13.23, a price-to-earnings-growth ratio of 1.90 and a beta of 0.73. First Hawaiian has a 12 month low of $20.32 and a 12 month high of $28.35. The business’s 50 day moving average price is $26.11 and its 200 day moving average price is $25.26.

Analysts Set New Price Targets

FHB has been the subject of several recent analyst reports. TD Cowen cut their target price on First Hawaiian from $29.00 to $28.00 and set a “hold” rating for the company in a research note on Wednesday, January 7th. Zacks Research downgraded shares of First Hawaiian from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 25th. Keefe, Bruyette & Woods boosted their price objective on First Hawaiian from $28.00 to $29.00 and gave the company a “market perform” rating in a report on Tuesday, October 28th. JPMorgan Chase & Co. lifted their target price on First Hawaiian from $27.00 to $29.00 and gave the company an “underweight” rating in a research report on Tuesday, December 16th. Finally, The Goldman Sachs Group set a $27.50 target price on shares of First Hawaiian and gave the stock a “sell” rating in a research note on Tuesday, January 6th. Six investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $27.64.

Insiders Place Their Bets

In other news, insider Alan Arizumi sold 36,460 shares of the stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $25.35, for a total value of $924,261.00. Following the completion of the sale, the insider directly owned 37,508 shares of the company’s stock, valued at $950,827.80. This represents a 49.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On First Hawaiian

Several institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its position in shares of First Hawaiian by 2,916.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,086 shares of the bank’s stock worth $27,000 after acquiring an additional 1,050 shares in the last quarter. Danske Bank A S purchased a new position in First Hawaiian during the 3rd quarter valued at about $47,000. CIBC Private Wealth Group LLC bought a new stake in First Hawaiian during the third quarter worth about $48,000. Allworth Financial LP grew its holdings in First Hawaiian by 155.8% in the third quarter. Allworth Financial LP now owns 2,072 shares of the bank’s stock worth $51,000 after purchasing an additional 1,262 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of First Hawaiian by 333.8% during the second quarter. EverSource Wealth Advisors LLC now owns 2,759 shares of the bank’s stock valued at $69,000 after purchasing an additional 2,123 shares in the last quarter. 97.63% of the stock is owned by hedge funds and other institutional investors.

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.