MARKETS / NASDAQ / FHB

NASDAQ · STATE COMMERCIAL BANKS · LARGE CAP

First Hawaiian, Inc. FHB

12 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$880.8M

▲ 8.9% YoY

Net income

$276.3M

▲ 20.0% YoY

Free cash flow

$303.3M

▲ 5.0% YoY

In brief

What this company does

First Hawaiian, Inc., through its bank subsidiary First Hawaiian Bank, provides a diversified range of banking services to consumer and commercial customers, including deposit products, lending services and wealth management and trust services. Through the Bank, it operates a network of 49 branches in Hawaii, Guam and Saipan. As of December 31, 2025, it had over 2,000 employees. As of December 31, 2025, it had $14.3 billion of gross loans and leases and $2.8 billion of stockholders' equity. It operates its business through two operating segments, Retail Banking and Commercial Banking, with other activities, including Treasury, reported in Corporate/Other. First Hawaiian Bank was founded in 1858 under the name Bishop & Company. On April 1, 2016, following a series of reorganization transactions by then-parent BNP Paribas, the company amended its certificate of incorporation to change its name to First Hawaiian, Inc.

Written from the business description in FIRST HAWAIIAN, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth

USD 880.8M

Revenue, FY2025 · full 12-year series below

Revenue $M Net income $M

FY2025 · Revenue 880.8 · Net income 276.3

Compound annual growth

Revenue

+3.6%

+3.7%

Net income

+1.3%

+8.3%

+2.6%

EPS, diluted

+1.9%

+9.0%

+3.7%

Dividend / share

+0.0%

Returned to shareholders

+17.6%

+10.5%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +3.7% a year over five years — but profit grew faster: net income at +8.3%, earnings per share at +9.0%.

The share count fell from 0.13B to 0.12B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

31 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 40.2% · Net 31.4%

ROE

FY2025 · ROE 10.3%

Gross margin—

Operating margin40.2%

Net margin31.4%

Return on assets1.2%

EBITDAUSD 370.3M

Each USD of equity produced 10 cents of profit this year.

Cash & shareholders

USD 231.0M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 303.3

Net buybacks $M Dividends $M

FY2025 · Dividends 131.0 · Net buybacks 100.0

Dividends paidUSD 131.0M

Net buybacksUSD 100.0M

Share of profit83.6%

Consecutive raises—

USD 131.0M in dividends and USD 100.0M in buybacks — 84% of the year's profit went back to shareholders.

Total assetsUSD 24.0B

EquityUSD 2.8B

CashUSD 1.5B

Gross debtUSD 0.00

Net debtUSD -1.5B

DepositsUSD 20.5B

The company holds more cash than debt.

The 12-year record

12 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue $B	0.9	0.8	0.8	0.8	0.7	0.7	0.8	0.7	·	·	·	·
Operating income $B	0.4	0.3	0.3	0.4	0.3	0.2	0.4	0.4	0.4	0.4	0.3	0.3
EBITDA $B	0.4	0.3	0.3	0.4	0.4	0.3	0.4	0.4	0.4	0.4	0.4	0.4
Income tax $B	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.1	0.1	0.1
Net income $B	0.3	0.2	0.2	0.3	0.3	0.2	0.3	0.3	0.2	0.2	0.2	0.2
Free cash flow $B	0.3	0.3	0.2	0.4	0.4	0.2	0.3	0.3	0.3	0.2	0.1	0.2
EPS, diluted $	2.20	1.79	1.84	2.08	2.05	1.43	2.13	1.93	1.32	1.65	1.53	1.55
Dividend / sh $	1.04	1.04	1.04	1.04	1.04	1.04	1.04	0.96	0.88	0.62	·	·
Payout %	47	58	56	50	50	73	49	50	67	37	·	·
ROE %	10.3	9.0	9.9	10.8	9.8	6.9	11.0	10.5	7.3	8.8	7.9	8.1
Shares out B	0.12	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.14	0.14	0.14	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 35 reconciliationsAUDITED

Reconciled in 12 of 19 fiscal years. 22 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityState Commercial Banks

Listed onNASDAQ

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2014