First Hawaiian, Inc. (FHB) Earnings
First Hawaiian, Inc. is expected to report next earnings on July 24, 2026 (in NaN days), with a consensus EPS estimate of $0.60. FHB has beaten EPS estimates in 9 of its last 12 reported quarters (average surprise +9.2% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 24, 2026 | $0.53 | $0.55 | +3.8% | $220M | -0.3% |
| Jan 30, 2026 | $0.55 | $0.56 | +1.8% | $292M | +31.9% |
| Oct 24, 2025 | $0.52 | $0.59 | +13.0% | $218M | -0.3% |
| Jul 25, 2025 | $0.49 | $0.58 | +18.4% | $209M | -4.2% |
| Apr 23, 2025 | $0.46 | $0.47 | +2.2% | $203M | -5.3% |
| Jan 31, 2025 | $0.40 | $0.41 | +2.5% | $180M | -11.3% |
| Oct 25, 2024 | $0.44 | $0.48 | +9.1% | $201M | -1.8% |
| Jul 26, 2024 | $0.43 | $0.48 | +11.6% | $196M | -3.7% |
| Apr 26, 2024 | $0.42 | $0.42 | +0.0% | $197M | -3.2% |
| Jan 26, 2024 | $0.44 | $0.37 | -15.9% | $203M | +0.8% |
| Oct 27, 2023 | $0.43 | $0.46 | +7.0% | $195M | -2.5% |
| Jul 28, 2023 | $0.50 | $0.49 | -2.0% | $200M | -6.2% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 24, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
### Community Support: Supported communities impacted by recent flooding in Hawaii and typhoons in Guam and Saipan. ### Economic Outlook: Statewide unemployment rate stable at 2.2% in Jan; visitor arrivals up 7.1% through Feb with spending up 14.8%; housing market stable with median home prices up. ### Financial Performance: Loans and deposits grew, return on average tangible assets 1.2%, return on average tangible equity 15.3%, effective tax rate 22.5%. Balance sheet solid, well capitalized and asset sensitive. Repurchased about 1.3 million shares at $32 million. Deposits had solid momentum with total deposits up $262 million, funding costs improved. Noninterest income and expense discussed. Credit performance strong with low risk.
Guidance
### Loan Growth: Expect full-year loan growth in 3%-4% range. ### NIM: Revised full-year NIM outlook to 3.22%-3.23% due to no rate cuts this year; expect second-quarter NIM to be up 2-3 basis points from first quarter. ### Noninterest Income: Outlook remains about $220 million for the year. ### Expenses: Expect expenses to gradually increase throughout the year, forecast full-year expenses about $520 million.
Segment performance
Loans grew over $128 million in the quarter, up 3.6% annualized. CRE and C&I loans had good growth, partially offset by runoff in residential and payoffs in construction. Total deposits increased by $262 million, driven by public operating balances. Net interest income was $167.5 million, down $2.8 million from prior quarter. Net interest margin was 3.19%, down 2 basis points. Noninterest income was $52.8 million, down from prior quarter. Noninterest expense was $127.9 million. Credit risk remained low, criticized assets decreased 21 basis points, nonperforming assets and loans 90+ days past due were 30 basis points of total loans and leases, down 1 basis point. Quarter-to-date net charge-offs were $4.9 million, unchanged from prior quarter. Allowance for credit losses increased to $169 million with coverage ratio 1.17% of total loans and leases.
Risks & headwinds
### Tourism and Economy Impact: Uncertainty on how recent global events might impact tourism and local economy. ### Market Volatility: Market underperformance affecting BOLI income and swap fee activity. ### Competition: Cyclical competition on pricing, larger banks taking bigger pieces of deals reducing available opportunities, and potential impact on funding and loan markets.
Analyst Q&A
Q: On the outlook, drivers of 2-3 basis points sequential increase in NIM in 2Q and why full-year NIM moved higher.
A: Balance sheet repricing story with about $400 million of fixed-rate cash flows repriced at 155 basis point spread higher.
Q: On expense, outlook of $520 million and areas driving increase.
A: Broad based, including potential salary expense from hiring talented folks.
Q: On C&I growth drivers and Mainland expansion appetite.
A: C&I growth broad based with $71 million growth, hiring looking locally and potentially Mainland.
Q: On floor planning utilization and securities yields.
A: Floor planning growth mix of new dealer relationship and utilization; reinvesting cash flows from securities as they come off.
Q: On competitive side, comparing Mainland vs Hawaii and fee income trends.
A: Cyclical competition on price, wealth business growing, credit card fees stable with BOLI and swap fees being volatile.
Q: On funding side, competition and market share growth.
A: Day-in, day-out ground game with folks meeting customers on consumer, small business, and larger business side.
Q: On capital changes impact and share repurchase.
A: Proposed capital changes could add 1% CET1, share repurchase with $250 million allocation, used $34 million in Q1.
Q: On credit watching areas.
A: Watching certain portfolios carefully due to environment uncertainty and natural disasters but no broad signs of weakness.
Q: On margin and deposit base repricing.
A: Still some ability to work on CD pricing with recent decline in competitive environment, NIM guide inclusive of deposit side actions.
Q: On Mainland M&A interest.
A: No updates, still talking to people for good fit.
Q: On cash flows split between loans and securities and CD details.
A: $600 million cash flows from securities and $1 billion from loans in year; about $1 billion CDs due in 2Q, rolling over from 2.90% to 2.50% weighted average