First Hawaiian Financials

FHB Stock  USD 27.90  0.61  2.24%   
Based on the analysis of First Hawaiian's profitability, liquidity, and operating efficiency, First Hawaiian is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At present, First Hawaiian's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 24.3 B, whereas Total Assets are forecasted to decline to about 19 B. Key indicators impacting First Hawaiian's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.240.2918
Significantly Down
Very volatile
Return On Assets0.00890.0094
Notably Down
Slightly volatile
Return On Equity0.06810.0945
Way Down
Very volatile
Debt Equity Ratio0.220.23
Sufficiently Down
Slightly volatile
Operating Income297.1 M341.2 M
Fairly Down
Very volatile
Current Ratio0.220.2345
Notably Down
Slightly volatile
The financial analysis of First Hawaiian is a critical element in measuring its lifeblood. Investors should not minimize First Hawaiian's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

212.92 Million

  
Understanding current and past First Hawaiian Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Hawaiian's financial statements are interrelated, with each one affecting the others. For example, an increase in First Hawaiian's assets may result in an increase in income on the income statement.
Please note, the presentation of First Hawaiian's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Hawaiian's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of First Hawaiian's management manipulating its earnings.

First Hawaiian Stock Summary

First Hawaiian competes with Territorial Bancorp, Bank of Hawaii, Financial Institutions, Heritage Financial, and Central Pacific. 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. First Hawaiian, Inc. was founded in 1858 and is headquartered in Honolulu, Hawaii. First Hawaiian operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2021 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS32051X1081
CUSIP32051X108 320506108
LocationHawaii; U.S.A
Business Address999 Bishop Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.fhb.com
Phone808 525 7000
CurrencyUSD - US Dollar

First Hawaiian Key Financial Ratios

First Hawaiian Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets20.2B22.7B25.0B24.6B25.0B19.0B
Other Current Liab(400M)10.9B13.4B(75M)14.7B12.4B
Net Debt(94.0M)(840.9M)(1.2B)(451.6M)(1.2B)(1.2B)
Retained Earnings437.1M474.0M604.5M736.5M837.9M710.9M
Other Current Assets739.6M1.1B1.3B604.9M1.8B1.7B
Total Liab17.5B200.0M22.4B22.3B22.5B16.3B
Total Current Assets4.8B1.1B1.6B8.4B3.6B3.4B
Intangible Assets12.7M10.7M8.3M6.6M10.8M10.3M
Common Stock1.4M1.4M1.4M1.4M1.4M1.3M
Cash694.0M1.0B1.3B526.6M1.7B1.0B
Other Liab432.1M491.0M519.4M429.3M386.3M374.8M
Net Tangible Assets1.6B1.7B1.7B1.3B1.5B1.7B
Accounts Payable16.4B19.2B21.8B21.7B24.9B17.7B
Other Assets10.0B14.2B13.7B7.4B(1.7B)(1.7B)
Long Term Debt34K600M200M200.0M180.0M171.0M
Net Receivables45.2M69.6M294.6M376.3M462.5M485.6M
Short Term Debt400M8.9M7.8M75M508.0M533.4M
Inventory(739.6M)(1.1B)(1.3B)(604.9M)(277.5M)(291.3M)

First Hawaiian Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense105.3M47.0M18.8M49.7M287.5M149.7M
Total Revenue736.0M711M690.2M762.1M805.3M740.6M
Gross Profit736.0M711M690.2M762.1M1.1B671.0M
Operating Income381.7M243.7M349.0M400.9M341.2M297.1M
Ebit435.0M290.8M376.4M387.2M(42.8M)(40.6M)
Ebitda449.5M306.8M400.8M408.0M(24.2M)(23.0M)
Income Before Tax381.7M243.7M349.0M351.2M309.2M328.8M
Net Income284.4M185.8M265.7M265.7M235.0M212.9M
Income Tax Expense97.3M58.0M83.3M85.5M74.2M115.8M
Tax Provision97.3M58.0M83.3M85.5M82.7M86.7M
Net Interest Income573.4M535.7M530.6M613.5M656.1M594.1M
Interest Income678.7M582.8M549.3M663.2M883.0M664.8M

First Hawaiian Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(309.6M)346.9M217.5M(731.8M)1.2B1.3B
Free Cash Flow267.2M176.1M396.7M417.3M239.0M233.3M
Depreciation67.8M63.1M51.8M56.7M42.8M46.5M
Other Non Cash Items16.6M102.5M(30.1M)3.8M20.9M19.9M
Dividends Paid138.2M135.1M134.1M132.6M132.6M235.9M
Capital Expenditures29.4M33.4M20.5M13.3M16.0M25.0M
Net Income284.4M185.8M265.7M265.7M235.0M221.6M
End Period Cash Flow694.0M1.0B1.3B526.6M1.7B1.2B
Investments(238.1M)(3.3B)(4.8B)(924.8M)157.4M165.2M
Net Borrowings(10K)(400.0M)(200.0M)75M67.5M64.1M
Change To Netincome41.5M93.2M(1.4M)33.5M38.6M28.2M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Hawaiian's current stock value. Our valuation model uses many indicators to compare First Hawaiian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Hawaiian competition to find correlations between indicators driving First Hawaiian's intrinsic value. More Info.
First Hawaiian is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.10  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Hawaiian is roughly  9.69 . At present, First Hawaiian's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Hawaiian's earnings, one of the primary drivers of an investment's value.

First Hawaiian Systematic Risk

First Hawaiian's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Hawaiian volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on First Hawaiian correlated with the market. If Beta is less than 0 First Hawaiian generally moves in the opposite direction as compared to the market. If First Hawaiian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Hawaiian is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Hawaiian is generally in the same direction as the market. If Beta > 1 First Hawaiian moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in First Hawaiian Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Hawaiian's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Hawaiian growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.02)

At present, First Hawaiian's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

First Hawaiian November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Hawaiian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Hawaiian. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Hawaiian based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Hawaiian's daily price indicators and compare them against related drivers.

Complementary Tools for First Stock analysis

When running First Hawaiian's price analysis, check to measure First Hawaiian's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Hawaiian is operating at the current time. Most of First Hawaiian's value examination focuses on studying past and present price action to predict the probability of First Hawaiian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Hawaiian's price. Additionally, you may evaluate how the addition of First Hawaiian to your portfolios can decrease your overall portfolio volatility.
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