First Hawaiian Inc
First Hawaiian Inc (FHB) is listed on NASDAQ and classified in Banks - Regional, part of the Financial Services sector. It is headquartered in Honolulu, United States and has 1,995 employees. The company is worth $3.18B and trades at 11.4x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $880.79M in fiscal 2025, up 8.9% from the year before. Net income was $276.27M. The share price is 14.6% below its 52-week high of $30.58. It pays a dividend yielding 3.98%. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $153.07M. In that quarter, 6 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -5.0% over 5Y.
today you would have $1,122.17▲ +12.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 10 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $25.30 | $25.95 | $22.86 | $26.04 | $27.33 | $23.58 | $28.85 | $22.51 | $29.18 | $34.82 | |
| P/E | 13.4x | 11.5x | 14.5x | 12.4x | 12.5x | 13.3x | 16.5x | 13.5x | 11.7x | 22.1x | 21.1x |
| P/S | 4.2x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 9.0% a year plus a 4.0% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 13.4 across this company’s own years on record.
Cash flow growing 9.0% a year for 10 years, discounted at 10%, then 2.5% forever.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Dividend growing 2.1% a year against a 7.8% required return, from the stock’s beta.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| SLDESlide Insurance Holdings, Inc. | $27.07 | 6.6x | 2.6x | 0.26% | 53.88% | $3.16B |
| ABAlliancebernstein Holding L.p | $34.86 | 10.3x | 2.6x | 9.95% | 19.37% | $3.21B |
| WTWisdomTree, Inc. | $21.21 | 39.3x | 7.5x | 0.57% | 18.73% | $3.21B |
| NMIHNMI Holdings, Inc. | $41.49 |
| 3.5x |
| 4.1x |
| 3.5x |
| 4.2x |
| 4.9x |
| 4.2x |
| 4.9x |
| 4.1x |
| 5.5x |
| 6.8x |
| P/B | 1.3x | 1.1x | 1.3x | 1.2x | 1.5x | 1.3x | 1.1x | 1.4x | 1.2x | 1.6x | 2.0x |
| EPS | $2.20 | $1.79 | $1.84 | $2.08 | $2.05 | $1.43 | $2.13 | $1.93 | $1.32 | $1.65 |
| Dividend yield | 4.00% | 4.11% | 4.01% | 4.55% | 3.99% | 3.81% | 4.41% | 3.60% | 4.26% | 3.02% | 0.57% |
| Payout | 50.37% | 47.27% | 58.10% | 56.52% | 50.00% | 50.73% | 72.73% | 48.83% | 49.74% | 66.67% | 12.12% |
| Profit margin | 31.72% | 31.37% | 28.46% | 28.08% | 33.50% | 37.14% | 25.34% | 37.13% | 35.47% | 25.01% | 32.07% |
| ROE | 9.71% | 9.98% | 8.79% | 9.45% | 11.71% | 10.00% | 6.77% | 10.77% | 10.47% | 7.25% | 9.29% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+48.8% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 8.0x |
| 1.2x |
| 0.00% |
| 15.43% |
| $3.12B |
| BKUBankUnited, Inc. | $43.76 | 11.4x | 1.1x | 3.02% | 9.36% | $3.12B |
| SBCFSeacoast Banking Corp of Florida | $33.65 | 21.7x | 1.2x | 2.26% | 6.07% | $3.26B |