Is First Hawaiian (FHB) overvalued or fairly valued?

MarketChacha shows First Hawaiian's valuation in context — a trailing P/E of about 13.2, a forward P/E of about 11.4, a price-to-book of about 1.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does First Hawaiian's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.22×) from reported figures — education, not a rating.

What is First Hawaiian's revenue?

First Hawaiian reported revenue of $880.8M for FY2025, with net profit of $276.3M, per official filings.

What is the share price of First Hawaiian (FHB)?

First Hawaiian last traded at $28.81 (-0.9% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

First Hawaiian

FHB · NYSE · Financials · United States

$28.81-0.9%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:29 PM

Snapshot

TickerFHB

ExchangeNYSE

SectorFinancials

IndustryBanks - Regional

CountryUnited States

Employees1,986

HeadquartersHonolulu, United States

Market cap$3.5B

P/E (TTM)13.2

P/B1.3

Volume1.12M

Websitewww.fhb.com

Filings tracked5

About First Hawaiian

First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking products and services to consumer and commercial customers in the United States. It operates in two segments: Retail Banking and Commercial Banking. The company offers various deposit products, including checking, savings, and time deposit accounts, and other deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit and loans, automobile loans and leases, secured and unsecured lines of credit, installment loans, small business loans and leases, as well as commercial lease and auto dealer financing services. In addition, the company offers wealth management, personal installment, individual investment and financial planning, insurance protection, trust and estate, private banking, investment management, retirement planning, and credit card and merchant processing services, as well as consumer and commercial credit cards processing services. Further, the company provides commercial and industrial lending, such as auto dealer flooring, commercial real estate lending, and construction lending services. It offers its products through branch, online, and mobile distribution channels. 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.

Profile as reported by Yahoo Finance.

Who owns it

Insiders0.7%
Institutions99.3%
Public & other0.0%

460 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.13.44%
Kayne Anderson Rudnick Investment Management LLC10.10%
Vanguard Portfolio Management LLC7.08%
Dimensional Fund Advisors LP5.50%
State Street Corporation5.33%
Vanguard Capital Management LLC4.52%
FMR, LLC4.16%
Fuller & Thaler Asset Management Inc.3.92%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.22×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend28.1% → 31.4%

Margin has expanded by about 3.3 points — the business is getting more profitable.

Growth qualityrev 3% · PAT 8%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $232.5M · EPS 0.61

Est. earnings growth +3.4%

Next fiscal year

Rev $1.5B · EPS 2.53

Est. earnings growth +6.2%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$22.6552-wk range$30.58

Delayed · as reported by Yahoo Finance

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$3.5B

Day change

-0.9%

P/E (TTM)

13.2

Fwd P/E

11.4

P/B

1.3

Div yield

3.58%

Beta

0.71

Revenue (FY2025)

$880.8M

Net margin

31.4%

ROE

10.0%

Revenue CAGR (2y)

+2.6%

Profit CAGR (2y)

+8.4%

EPS (FY2025)

2.20

Net profit (FY2025)

$276.3M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about FHB

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$880.8M	$276.3M	2.20	31.4%	10.0%
FY2024	$808.5M	$230.1M	1.79	28.5%	8.8%
FY2023	$836.9M	$235.0M	1.84	28.1%	9.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$220.3M	$67.8M	0.55	30.8%
2025Q3	$226.4M	$73.8M	0.59	32.6%
2025Q2	$217.5M	$73.2M	0.58	33.7%
2025Q1	$211.0M	$59.2M	0.47	28.1%
2024Q3	$210.0M	$61.5M	0.48	29.3%
2024Q2	$204.6M	$61.9M	0.48	30.3%
2024Q1	$205.8M	$54.2M	0.42	26.3%
2023Q3	$203.2M	$58.2M	0.46	28.6%
2023Q2	$207.3M	$62.4M	0.49	30.1%
2023Q1	$216.3M	$66.8M	0.52	30.9%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Material agreement, Exhibits
SEC7/15/2026material
8-K — Results of operations, Reg FD disclosure, Other events, Exhibits
SEC7/13/2026material
10-Q filing
SEC5/4/2026
8-K — Results of operations, Exhibits
SEC4/24/2026material
8-K — Bylaw/charter change, Shareholder vote results, Exhibits
SEC4/24/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.