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FIRST HAWAIIAN, INC. FHB

Nasdaq · stock · State Commercial Banks · website · IPO 2016-08-04 · LEI

FIRST HAWAIIAN, INC. statistics & valuation

P / E13.0×
P / S4.1×
P / B1.3×
Net margin31.4%
Graham number +19.6%$33.05

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($33.05); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
35.50% 37.10% 25.30% 37.10% 33.50% 28.10% 28.50% 31.40% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
9.30% 7.30% 10.50% 10.80% 6.80% 10.00% 11.70% 9.50% 8.80% 10.00% 2016201720182019202020212022202320242025
Shares outstanding
139.5M 139.7M 137.1M 133.4M 130.2M 129.5M 128.0M 127.9M 128.3M 125.5M 2016201720182019202020212022202320242025
Net debt ($)
$0 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.20% 0.90% 1.30% 1.40% 0.80% 1.10% 1.10% 0.90% 1.00% 1.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 2016201720182019202020212022202320242025
EPS ($)
$1.65 $1.32 $1.93 $2.13 $1.43 $2.05 $2.08 $1.84 $1.79 $2.20 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

FIRST HAWAIIAN, INC. trades at about 12.6× earnings — near its 10-year norm (10-year range 11.8×–21.9×, median 13.8×).

11.8× 21.9×

Shaded band = 10-year range (11.8×–21.9×); dot = today's 12.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin31.4%28.5%28.1%33.5%37.1%25.3%37.1%35.5%
Return on assets1.2%1.0%0.9%1.1%1.1%0.8%1.4%1.3%0.9%1.2%
Return on equity10.0%8.8%9.5%11.7%10.0%6.8%10.8%10.5%7.3%9.3%
Debt / equity0.00×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.