Is FHB a good stock to buy right now?

Based on our 6-factor quantitative model, FIRST HAWAIIAN, INC. (FHB) receives a "Hold" rating with a composite score of 50.3/100. It is ranked #1,137 out of 4,446 stocks. Key factor scores: Quality 56/100, Value 74/100, Momentum 43/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for FHB?

FIRST HAWAIIAN, INC. (FHB) has a "Hold" rating and 3-star score. The composite score of 50.3 ranks it #1,137 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is FHB in?

FIRST HAWAIIAN, INC. operates in the Financials sector (Banking industry) with a market cap of $3.07 billion. It is classified as a mid-cap stock.

Does FHB pay a dividend?

Yes, FHB pays a dividend with a current yield of 4.19%. The Financials sector average yield is 2.48%. For every $1,000 invested, you would receive approximately $41.90 in annual dividend income.

What is FHB's P/E ratio?

FHB has a trailing P/E ratio of 12.11x. The Financials sector average is 14.9x. This below-average P/E may indicate the stock is undervalued.

How profitable is FHB?

FHB's quality factor score is 56/100. Gross margin: 69.0%. ROE: 9.7% vs sector average 8.5%. High margins suggest pricing power and competitive moats.

How is FHB valued compared to peers?

FHB's value factor score is 74/100 (higher = cheaper). Key multiples: P/E 12.1x, EV/EBITDA 9.6x. The stock appears attractively valued versus peers.

What is FHB's debt level?

FHB's debt-to-equity ratio is 765%. Sector average: 121%. Elevated leverage increases credit risk.

FHB has a beta of 0.88, meaning it tracks the market. Stability score: 82/100.

Does FHB have high short interest?

FHB's short interest factor score is 6/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

FHB Stock Analysis: Top Mid-Cap Hold (Score 50.3/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
FHB	-1.72%	+4.87%	+8.69%	+3.83%	+24.27%	-	-	-
Industry Proxy XLF	-1.09%	+2.50%	+1.42%	-7.30%	+10.59%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	-1.65%	+1.27%	+8.35%	+4.19%	-5.26%	-	-	-
Alpha vs Sector	-0.63%	+2.37%	+7.27%	+11.14%	+13.68%	-	-	-

Metric	FHB	Benchmark
P/E Ratio	12.1x	-19%
EV/EBITDA	9.6x	+194%
Price / Book	1.2x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
WTM WHITE MOUNTAINS INSURANCE GROUP LTD	63	80	79	54	9.2x	10.1%	96.3%	20.1%	1.6%	14.0x	$5.4B	VS
OPY OPPENHEIMER HOLDINGS INC	63	68	79	63	11.0x	9.9%	0.0%	6.5%	37.5%	273.0x	$959M	VS
ACT Enact Holdings, Inc.	62	81	76	52	8.8x	12.7%	88.5%	55.0%	4.2%	14.0x	$5.7B	VS
IGIC International General Insurance Holdings Ltd.	61	74	93	50	8.6x	82.6%	59.9%	25.1%	-	0.0x	$1.1B	VS
PKBK PARKE BANCORP, INC.	60	60	77	65	10.0x	10.5%	-	24.8%	20.9%	593.0x	$335M	VS
SSSS SURO CAPITAL CORP.	60	89	33	65	4.9x	30.9%	0.0%	-752.0%	-48.3%	34.0x	$290M	VS
CB Chubb Ltd	59	67	71	52	13.0x	12.5%	0.0%	16.6%	15.6%	20.0x	$128.0B	VS
RRBI RED RIVER BANCSHARES INC	59	59	69	68	15.4x	11.0%	0.0%	27.5%	13.3%	818.0x	$607M	VS
UFCS UNITED FIRE GROUP INC	59	64	78	58	10.0x	10.6%	100.0%	7.3%	17.5%	308.0x	$936M	VS
SPFI SOUTH PLAINS FINANCIAL, INC.	58	59	73	55	13.2x	11.0%	0.0%	21.7%	9.0%	807.0x	$690M	VS
FHB FIRST HAWAIIAN, INC.	50	56	74	43	12.1x	9.7%	69.0%	30.9%	10.6%	765.0x	$3.1B

Key Ratio	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.7%	-	-	-	-	-	0.6%	0.7%	0.7%	0.7%	1.0%
Operating Margin %	0.4%	0.4%	0.4%	0.4%	0.4%	0.5%	0.3%	0.5%	0.4%	0.5%	0.5%
EBITDA Margin %	0.4%	0.4%	0.4%	0.4%	0.4%	0.5%	0.4%	0.5%	0.5%	0.6%	0.6%
Net Margin %	0.3%	0.3%	0.3%	0.3%	0.3%	0.4%	0.2%	0.3%	0.3%	0.2%	0.3%
FCF Margin %	-93.1%	-	-	-	-	-	22.6%	31.1%	42.0%	33.7%	30.1%
ROE %	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%
ROA %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
ROIC %	1.6%	10.1%	8.8%	9.8%	12.2%	10.4%	1.6%	2.2%	2.0%	1.4%	1.5%

Key Ratio

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.7%

0.6%

0.7%

1.0%

Operating Margin %

0.4%

0.5%

0.3%

0.5%

0.4%

0.5%

EBITDA Margin %

0.4%

0.5%

0.4%

0.5%

0.6%

Net Margin %

0.3%

0.4%

0.2%

0.3%

0.2%

0.3%

FCF Margin %

-93.1%

22.6%

31.1%

42.0%

33.7%

30.1%

ROE %

0.1%

ROA %

0.0%

ROIC %

1.6%

10.1%

8.8%

9.8%

12.2%

10.4%

1.6%

2.2%

2.0%

1.4%

1.5%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$865M	$881M	$809M	$837M	$793M	$715M	$780M	$859M	$752M	$771M	$680M	$651M
	—	—	—	—	—	—	$658M	$584M	$563M	$547M	$671M	$641M
Gross Margin	69.0%	---	---	---	---	---	57.3%	68.0%	67.8%	71.0%	98.8%	98.5%
	—	—	—	—	—	—	$63M	$68M	$55M	$62M	$52M	$26M
Total Operating Expenses	—	$527M	$516M	$528M	$442M	$366M	—	—	—	—	—	—
	$338M	$354M	$293M	$309M	$351M	$349M	$291M	$387M	$365M	$363M	$371M	$353M
EBIT	$338M	$354M	$293M	$309M	$351M	$349M	$291M	$387M	$365M	$363M	$371M	$353M
EBITDA	$338M	$354M	$293M	$309M	$351M	$349M	$314M	$455M	$411M	$425M	$424M	$379M
Operating Margin	39.0%	40.2%	36.2%	36.9%	44.3%	48.8%	32.3%	45.0%	43.6%	47.0%	51.8%	54.3%
EBITDA Margin	39.0%	40.2%	36.2%	36.9%	44.3%	48.8%	40.2%	52.9%	54.6%	55.1%	62.3%	58.3%
	—	$7M	$20M	$287M	$50M	$19M	$47M	$17M	$7M	$20K	$27M	$23M
	—	$354M	$293M	$309M	$351M	$349M	—	—	—	—	—	—
Income Tax Expense	—	$78M	$62M	$74M	$86M	$83M	$58M	$97M	$94M	$185M	$142M	$129M
	$268M	$276M	$230M	$235M	$266M	$266M	$186M	$284M	$264M	$184M	$230M	$214M
Net Margin	30.9%	31.4%	28.5%	28.1%	33.5%	37.1%	23.9%	33.1%	32.4%	23.8%	32.1%	32.9%
	$2.21	$2.21	$1.80	$1.84	$2.08	$2.06	$1.43	$2.14	$1.93	$1.32	$1.65	$1.53
Diluted EPS	$2.21	$2.20	$1.79	$1.84	$2.08	$2.05	$1.43	$2.14	$1.93	$1.32	$1.65	$1.53
Weighted Avg Basic	—	125M	128M	128M	127M	129M	—	—	—	—	—	—
Weighted Avg Diluted	—	126M	128M	128M	128M	130M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$865M

$881M

$809M

$837M

$793M

$715M

$780M

$859M

$752M

$771M

$680M

$651M

—

$658M

$584M

$563M

$547M

$671M

$641M

Gross Margin

69.0%

---

57.3%

68.0%

67.8%

71.0%

98.8%

98.5%

—

$63M

$68M

$55M

$62M

$52M

$26M

Total Operating Expenses

—

$527M

$516M

$528M

$442M

$366M

—

$338M

$354M

$293M

$309M

$351M

$349M

$291M

$387M

$365M

$363M

$371M

$353M

EBIT

$338M

$354M

$293M

$309M

$351M

$349M

$291M

$387M

$365M

$363M

$371M

$353M

EBITDA

$338M

$354M

$293M

$309M

$351M

$349M

$314M

$455M

$411M

$425M

$424M

$379M

Operating Margin

39.0%

40.2%

36.2%

36.9%

44.3%

48.8%

32.3%

45.0%

43.6%

47.0%

51.8%

54.3%

EBITDA Margin

39.0%

40.2%

36.2%

36.9%

44.3%

48.8%

40.2%

52.9%

54.6%

55.1%

62.3%

58.3%

—

$7M

$20M

$287M

$50M

$19M

$47M

$17M

$7M

$20K

$27M

$23M

—

$354M

$293M

$309M

$351M

$349M

—

Income Tax Expense

—

$78M

$62M

$74M

$86M

$83M

$58M

$97M

$94M

$185M

$142M

$129M

$268M

$276M

$230M

$235M

$266M

$186M

$284M

$264M

$184M

$230M

$214M

Net Margin

30.9%

31.4%

28.5%

28.1%

33.5%

37.1%

23.9%

33.1%

32.4%

23.8%

32.1%

32.9%

$2.21

$1.80

$1.84

$2.08

$2.06

$1.43

$2.14

$1.93

$1.32

$1.65

$1.53

Diluted EPS

$2.21

$2.20

$1.79

$1.84

$2.08

$2.05

$1.43

$2.14

$1.93

$1.32

$1.65

$1.53

Weighted Avg Basic

—

125M

128M

127M

129M

—

Weighted Avg Diluted

—

126M

128M

130M

—

FIRST HAWAIIAN, INC. (FHB) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does FIRST HAWAIIAN, INC. Do?

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. FIRST HAWAIIAN, INC. (FHB) is classified as a mid-cap stock in the Financials sector, specifically within the Banking industry. The company is led by CEO Robert S. Harrison and employs approximately 2,000 people, headquartered in HONOLULU, Hawaii. With a market capitalization of $3.1B, FHB is one of the notable companies in the Financials sector.

FIRST HAWAIIAN, INC. (FHB) Stock Rating — Hold (April 2026)

As of April 2026, FIRST HAWAIIAN, INC. receives a Hold rating with a composite score of 50.3/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.FHB ranks #1,137 out of 4,446 stocks in our coverage universe. Within the Financials sector, FIRST HAWAIIAN, INC. ranks #355 of 891 stocks, placing it in the upper half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

FHB Stock Price and 52-Week Range

FIRST HAWAIIAN, INC. (FHB) currently trades at $26.23. The stock lost $0.50 (1.9%) in the most recent trading session. The 52-week high for FHB is $28.35, which means the stock is currently trading -7.5% from its annual peak. The 52-week low is $20.32, putting the stock 29.1% above its annual trough. Recent trading volume was 2.2M shares, reflecting moderate market activity.

Is FHB Overvalued or Undervalued? — Valuation Analysis

FIRST HAWAIIAN, INC. (FHB) carries a value factor score of 74/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 12.11x, compared to the Financials sector average of 14.88x — a discount of 19%. The price-to-book ratio stands at 1.17x, versus the sector average of 1.22x. The price-to-sales ratio is 3.75x, compared to 0.90x for the average Financials stock. On an enterprise value basis, FHB trades at 9.60x EV/EBITDA, versus 3.26x for the sector.

Based on these multiples, FIRST HAWAIIAN, INC. appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.

FIRST HAWAIIAN, INC. Profitability — ROE, Margins, and Quality Score

FIRST HAWAIIAN, INC. (FHB) earns a quality factor score of 56/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 9.7%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 1.1% versus the sector average of 1.2%.

On a margin basis, FIRST HAWAIIAN, INC. reports gross margins of 69.0%. The operating margin is 39.0% (sector: 21.8%). Net profit margin stands at 30.9%, versus 17.7% for the average Financials stock. Revenue growth is running at 10.6% on a trailing basis, compared to 9.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

FHB Debt, Balance Sheet, and Financial Health

FIRST HAWAIIAN, INC. has a debt-to-equity ratio of 765.0%, compared to the Financials sector average of 121.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.13x, suggesting adequate working capital coverage. Total debt on the balance sheet is $14.11B.

FHB has a beta of 0.88, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for FIRST HAWAIIAN, INC. is 82/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

FIRST HAWAIIAN, INC. Revenue and Earnings History — Quarterly Trend

In TTM 2026, FIRST HAWAIIAN, INC. reported revenue of $865M and earnings per share (EPS) of $2.21. Net income for the quarter was $268M. Gross margin was 69.0%. Operating income came in at $338M.

In FY 2025, FIRST HAWAIIAN, INC. reported revenue of $881M and earnings per share (EPS) of $2.21. Net income for the quarter was $276M. Revenue grew 8.9% year-over-year compared to FY 2024. Operating income came in at $354M.

In Q3 2025, FIRST HAWAIIAN, INC. reported revenue of $226M and earnings per share (EPS) of $0.59. Net income for the quarter was $74M. Revenue grew 7.8% year-over-year compared to Q3 2024. Operating income came in at $96M.

In Q2 2025, FIRST HAWAIIAN, INC. reported revenue of $218M and earnings per share (EPS) of $0.58. Net income for the quarter was $73M. Revenue grew 6.3% year-over-year compared to Q2 2024. Operating income came in at $88M.

Over the past 8 quarters, FIRST HAWAIIAN, INC. has demonstrated a growth trajectory, with revenue expanding from $205M to $865M. Investors analyzing FHB stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

FHB Dividend Yield and Income Analysis

FIRST HAWAIIAN, INC. (FHB) currently pays a dividend yield of 4.2%. At this yield, a $10,000 investment in FHB stock would generate approximately $$419.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning FHB offers above-average income for its sector. With a net margin of 30.9%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

FHB Momentum and Technical Analysis Profile

FIRST HAWAIIAN, INC. (FHB) has a momentum factor score of 43/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 29/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 6/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

FHB vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, FIRST HAWAIIAN, INC. (FHB) ranks #355 out of 891 stocks based on the Blank Capital composite score. This places FHB in the upper half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing FHB against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full FHB vs S&P 500 (SPY) comparison to assess how FIRST HAWAIIAN, INC. stacks up against the broader market across all factor dimensions.

FHB Next Earnings Date

No upcoming earnings date has been announced for FIRST HAWAIIAN, INC. (FHB) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy FHB? — Investment Thesis Summary

FIRST HAWAIIAN, INC. presents a balanced picture with arguments on both sides. The value score of 74/100 suggests attractive pricing relative to fundamentals. Low volatility (stability score 82/100) reduces downside risk.

In summary, FIRST HAWAIIAN, INC. (FHB) earns a Hold rating with a composite score of 50.3/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on FHB stock.

Related Resources for FHB Investors

Explore more research and tools: FHB vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare FHB head-to-head with peers: FHB vs WTM, FHB vs OPY, FHB vs ACT.

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First Hawaiian to Report First Quarter 2026 Financial Results on April 24, 2026

Is First Hawaiian (FHB) Offering Value After Recent Share Price Stability And Buyback Program?

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FIRST HAWAIIAN, INC. (FHB) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does FIRST HAWAIIAN, INC. Do?

FIRST HAWAIIAN, INC. (FHB) Stock Rating — Hold (April 2026)

FHB Stock Price and 52-Week Range

Is FHB Overvalued or Undervalued? — Valuation Analysis

FIRST HAWAIIAN, INC. Profitability — ROE, Margins, and Quality Score

FHB Debt, Balance Sheet, and Financial Health

FIRST HAWAIIAN, INC. Revenue and Earnings History — Quarterly Trend

FHB Dividend Yield and Income Analysis

FHB Momentum and Technical Analysis Profile

FHB vs Competitors — Financials Sector Ranking and Peer Comparison

FHB Next Earnings Date

Should You Buy FHB? — Investment Thesis Summary

Related Resources for FHB Investors

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First Hawaiian to Report First Quarter 2026 Financial Results on April 24, 2026

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