3.10%
6.64%
11.28%
17.73%
31.40%
-3.19%
-7.25%
AI Spotlight on FHB
Company Description
First Hawaiian, Inc.operates as a bank holding company for First Hawaiian Bank that provides a range of banking services to consumer and commercial customers in the United States.It operates through three segments: Retail Banking, Commercial Banking, and Treasury and Other.
The company accepts various deposit products, including checking and savings accounts, and other deposit accounts.It also provides residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases, as well as commercial lease and auto dealer financing.In addition, the company offers personal installment, credit card, individual investment and financial planning, insurance protection, trust and estate, private banking, retirement planning, treasury, and merchant processing services.
It operates a network of 54 branches, which include 49 in Hawaii, 3 in Guam, and 2 in Saipan.The company was formerly known as BancWest Corporation and changed its name to First Hawaiian, Inc.in April 2016.
First Hawaiian, Inc.was founded in 1858 and is headquartered in Honolulu, Hawaii.
Market Data
| Last Price | 27.62 |
| Change Percentage | 3.10% |
| Open | 27.81 |
| Previous Close | 26.79 |
| Market Cap ( Millions) | 3532 |
| Volume | 2161972 |
| Year High | 28.8 |
| Year Low | 19.48 |
| M A 50 | 26.52 |
| M A 200 | 23.76 |
Financial Ratios
| FCF Yield | 6.22% |
| Dividend Yield | 3.77% |
| ROE | 8.83% |
| Debt / Equity | 9.44% |
| Net Debt / EBIDTA | -2.56% |
| Price To Book | 1.33 |
| Price Earnings Ratio | 15.69 |
| Price To FCF | 16.07 |
| Price To sales | 2.94 |
| EV / EBITDA | 40.91 |
News
- Jan -31 - First Hawaiian, Inc. (FHB) Q4 2024 Earnings Call Transcript
- Jan -31 - First Hawaiian (FHB) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- Jan -31 - First Hawaiian (FHB) Beats Q4 Earnings Estimates
- Jan -31 - First Hawaiian, Inc. Reports Fourth Quarter 2024 Financial Results and Declares Dividend
- Jan -10 - First Hawaiian to Report Fourth Quarter 2024 Financial Results on January 31, 2025
- Jan -09 - Best Momentum Stocks to Buy for January 9th
- Dec -27 - Best Income Stocks to Buy for December 27th
- Dec -26 - First Hawaiian, Inc. COO to Leave the Company in March 2025
- Dec -09 - First Hawaiian, Inc. Completes Investment Portfolio Restructuring
- Oct -25 - First Hawaiian, Inc. (FHB) Q3 2024 Earnings Call Transcript
- Oct -25 - Here's What Key Metrics Tell Us About First Hawaiian (FHB) Q3 Earnings
- Oct -25 - First Hawaiian (FHB) Surpasses Q3 Earnings and Revenue Estimates
- Oct -15 - Tertia Freas appointed to First Hawaiian, Inc. and First Hawaiian Bank Boards of Directors
- Oct -04 - First Hawaiian to Report Third Quarter 2024 Financial Results on October 25, 2024
- Aug -17 - First Hawaiian: Few Surprises In Recent Results
- Aug -13 - First Hawaiian: Dividend Has Been The Same For 5 Years
- Aug -05 - BioMarin Announces 20% Y/Y Total Revenue Growth in the Second Quarter and Increase in Full-year 2024 Guidance
- Aug -01 - RCLCO Mid-Year Report Ranks Summerlin® and Bridgeland® Among Nation's Top-Selling Master Planned Communities
- Jul -26 - First Hawaiian (FHB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- Jul -26 - First Hawaiian (FHB) Beats Q2 Earnings and Revenue Estimates
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Retail Banking
Expected Growth : 3 %
What the company do ?
Retail Banking from First Hawaiian, Inc. offers personal banking services, including checking and savings accounts, credit cards, loans, and investment products to individuals and families in Hawaii.
Why we expect these perspectives ?
First Hawaiian, Inc.'s Retail Banking segment growth is driven by a strong Hawaiian economy, increasing consumer spending, and a growing population. The bank's strategic expansion into new markets, investments in digital banking, and focus on customer experience also contribute to its growth. Additionally, the bank's efforts to increase mortgage lending and deposit growth further support its growth momentum.
Segment n°2 -> Commercial Banking
Expected Growth : 4 %
What the company do ?
Commercial Banking from First Hawaiian, Inc. provides financial solutions to businesses, including cash management, lending, and treasury management services.
Why we expect these perspectives ?
Strong loan growth driven by Hawaii's economic expansion, increased commercial lending, and market share gains. Additionally, deposit growth fueled by customer relationships and competitive pricing. Fee income growth from treasury management and cash management services also contributed to the segment's growth.
Segment n°3 -> Treasury and Other
Expected Growth : 1 %
What the company do ?
Treasury and Other from First Hawaiian, Inc. refers to the company's treasury and other non-interest income, including gains on investment securities and fees from bank-owned life insurance.
Why we expect these perspectives ?
Treasury and Other segment of First Hawaiian, Inc. exhibits 1% growth driven by increasing low-cost deposits, improved asset liability management, and enhanced fee income from cash management services, coupled with a stable interest rate environment and disciplined expense management.
First Hawaiian, Inc. Products
| Product Range | What is it ? |
|---|---|
| Consumer Banking | Provides personal banking services, including checking and savings accounts, credit cards, personal loans, and mortgages. |
| Commercial Banking | Offers financial solutions for businesses, including cash management, commercial lending, and treasury management services. |
| Wealth Management | Provides investment and wealth management services, including brokerage, trust, and insurance services. |
| Mortgage Banking | Offers residential and commercial mortgage lending services, including purchase and refinance loans. |
| Credit Cards | Issues credit cards with rewards, cashback, and low-interest rates for personal and business use. |
| Digital Banking | Provides online and mobile banking services, including bill pay, fund transfers, and account management. |
First Hawaiian, Inc.'s Porter Forces
Threat Of Substitutes
First Hawaiian, Inc. operates in a highly competitive industry, but the threat of substitutes is mitigated by the company's strong brand recognition and customer loyalty.
Bargaining Power Of Customers
First Hawaiian, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's strong brand recognition and customer loyalty reduce the likelihood of customers switching to competitors.
Bargaining Power Of Suppliers
First Hawaiian, Inc. relies on a few large suppliers for its operations, which gives them some bargaining power. However, the company's strong financial position and diversified supply chain mitigate this risk.
Threat Of New Entrants
The banking industry has high barriers to entry, including regulatory hurdles and significant capital requirements. This reduces the threat of new entrants and gives First Hawaiian, Inc. a competitive advantage.
Intensity Of Rivalry
The banking industry is highly competitive, with many established players competing for market share. First Hawaiian, Inc. must continually innovate and improve its services to maintain its market position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 28.85% |
| Debt Cost | 6.13% |
| Equity Weight | 71.15% |
| Equity Cost | 8.92% |
| WACC | 8.12% |
| Leverage | 40.55% |
First Hawaiian, Inc. : Quality Control
First Hawaiian, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CFG | Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, … |
| FHN | First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. … |
| RF | Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The … |
| BPOP | Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, … |
| SNV | Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services. It operates through three segments: Community Banking, Wholesale Banking, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Regions Financial
A-Score
1-Year Total Return ->
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First Horizon
A-Score
1-Year Total Return ->
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First Hawaiian
A-Score
1-Year Total Return ->
4
Synovus
A-Score
1-Year Total Return ->
5
Citizens Financial Group
A-Score
1-Year Total Return ->
6
