First Hawaiian (NASDAQ:FHB) Posts Earnings Results, Beats Expectations By $0.02 EPS

First Hawaiian (NASDAQ:FHB) posted its quarterly earnings results on Friday. The bank reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02, FiscalAI reports. The firm had revenue of $231.27 million for the quarter, compared to analysts’ expectations of $227.77 million. First Hawaiian had a net margin of 24.44% and a return on equity of 10.39%. During the same quarter in the prior year, the company posted $0.58 earnings per share.

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

• First Hawaiian delivered a solid second quarter, with net interest income up, NIM rising to 3.25%, and profitability remaining strong at a 1.28% return on average tangible assets and 16.34% return on average tangible equity.
• Loan growth was healthy at $137 million for the quarter, led by C&I and CRE, while management reiterated full-year loan growth guidance of 3% to 4%.
• Deposits declined by $623 million, mainly due to expected outflows in public deposits, while retail deposits were flat and commercial deposits followed normal seasonal patterns. Management said these moves were not relationship losses and expects deposits to improve in the back half of the year.
• Credit quality remained strong, with a reduced allowance for credit losses driven by a meaningful decline in classified assets, and the bank said it remains well-capitalized with ample liquidity.
• Management is very focused on the announced TriCo Bancshares transaction, which is expected to close near the end of the year, and said they still target 25% cost savings while planning to retain much of TriCo’s management team.

First Hawaiian Trading Down 1.9%

NASDAQ:FHB opened at $28.11 on Friday. The stock has a 50-day moving average price of $28.37 and a 200 day moving average price of $26.85. The stock has a market capitalization of $3.42 billion, a P/E ratio of 12.22, a P/E/G ratio of 1.53 and a beta of 0.72. First Hawaiian has a 12-month low of $22.65 and a 12-month high of $30.58.

First Hawaiian Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 17th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.7%. First Hawaiian’s dividend payout ratio is 45.61%.

More First Hawaiian News

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

• Positive Sentiment: First Hawaiian reported second-quarter 2026 EPS of $0.60, ahead of the $0.58 consensus estimate, with revenue of $231.27 million also topping expectations; management also described the quarter as strong and declared a dividend. Article Title
• Positive Sentiment: The company’s earnings call transcript and analyst coverage suggest the quarter largely matched or slightly exceeded Wall Street’s key metrics, reinforcing that operating performance remains stable. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful short position change, so it does not appear to be driving the stock move. Article Title
• Negative Sentiment: A class-action firm announced it is investigating First Hawaiian in connection with the merger, which may create a modest legal overhang for shares. Article Title

Wall Street Analysts Forecast Growth

Several research firms recently commented on FHB. JPMorgan Chase & Co. lifted their price objective on First Hawaiian from $27.00 to $31.00 and gave the stock an “underweight” rating in a report on Wednesday, July 1st. Zacks Research upgraded First Hawaiian from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of First Hawaiian in a report on Monday, July 6th. Stephens set a $28.00 price objective on First Hawaiian in a research report on Monday, April 27th. Finally, Wells Fargo & Company raised their target price on First Hawaiian from $26.00 to $28.00 and gave the stock an “underweight” rating in a report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $29.25.

Institutional Investors Weigh In On First Hawaiian

A number of institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in shares of First Hawaiian by 8.6% during the first quarter. Royal Bank of Canada now owns 165,337 shares of the bank’s stock worth $4,041,000 after acquiring an additional 13,071 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in First Hawaiian by 9.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 10,060 shares of the bank’s stock worth $246,000 after purchasing an additional 856 shares in the last quarter. United Services Automobile Association purchased a new stake in First Hawaiian in the 1st quarter worth $201,000. Empowered Funds LLC grew its position in shares of First Hawaiian by 10.4% during the first quarter. Empowered Funds LLC now owns 16,407 shares of the bank’s stock valued at $401,000 after purchasing an additional 1,542 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of First Hawaiian by 8.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 425,079 shares of the bank’s stock worth $10,389,000 after purchasing an additional 31,686 shares during the last quarter. 97.63% of the stock is owned by hedge funds and other institutional investors.

First Hawaiian Company Profile

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.