First Hawaiian
About: First Hawaiian Inc is a bank holding company. It provides a diversified range of banking services to consumer and commercial customers, including deposit products, lending services, and wealth management and trust services. The company offers a variety of deposit products to its customers, including checking and savings accounts and other types of deposit accounts. It provides commercial and industrial lending, including auto dealer flooring, commercial real estate, and construction lending. It also offers comprehensive consumer lending services focused on residential real estate lending, indirect auto financing, and other consumer loans. Its segments are Retail Banking, Commercial Banking, and Treasury, and others of which key revenue is derived from Retail Banking.
Employees: 2,000
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
46% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 24
31% more call options, than puts
Call options by funds: $344K | Put options by funds: $262K
9% more capital invested
Capital invested by funds: $2.65B [Q2] → $2.89B (+$239M) [Q3]
5% more funds holding
Funds holding: 232 [Q2] → 243 (+11) [Q3]
4% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 84
2.26% less ownership
Funds ownership: 99.9% [Q2] → 97.64% (-2.26%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$22
14%
downside
Avg. target
$26
3%
upside
High target
$30
18%
upside
7 analyst ratings
0 positive
0%
3 neutral
43%
4 negative
57%
Barclays Jared Shaw 64% 1-year accuracy 47 / 73 met price target | 10%upside $28 | Equal-Weight Maintained | 19 Dec 2024 |
JP Morgan Anthony Elian 33% 1-year accuracy 2 / 6 met price target | 6%upside $27 | Underweight Maintained | 17 Dec 2024 |
Keefe, Bruyette & Woods Kelly Motta 55% 1-year accuracy 11 / 20 met price target | 10%upside $28 | Market Perform Maintained | 4 Dec 2024 |
Wells Fargo Timur Braziler 55% 1-year accuracy 12 / 22 met price target | 14%downside $22 | Underweight Maintained | 3 Dec 2024 |
Stephens & Co. Andrew Terrell 81% 1-year accuracy 17 / 21 met price target | 18%upside $30 | Equal-Weight Initiated | 27 Nov 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 week ago
First Hawaiian, Inc. Completes Investment Portfolio Restructuring
HONOLULU, Dec. 09, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today announced the completion of a restructuring related to its available-for-sale investment securities portfolio.
Neutral
Seeking Alpha
1 month ago
First Hawaiian, Inc. (FHB) Q3 2024 Earnings Call Transcript
First Hawaiian, Inc. (NASDAQ:FHB ) Q3 2024 Earnings Conference Call October 25, 2024 1:00 PM ET Company Participants Kevin Haseyama - IR Manager Bob Harrison - Chairman, President and CEO Jamie Moses - CFO Lea Nakamura - CRO Conference Call Participants David Feaster - Raymond James Andrew Liesch - Piper Sandler Jared Shaw - Barclays Kelly Motta - KBW Anthony Elian - JPMorgan Timur Braziler - Wells Fargo Securities Operator Thank you for standing by, and welcome to First Hawaiian Inc's Third Quarter 2024 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to Investor Relations Manager, Kevin Haseyama.
Positive
Zacks Investment Research
1 month ago
Here's What Key Metrics Tell Us About First Hawaiian (FHB) Q3 Earnings
The headline numbers for First Hawaiian (FHB) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
First Hawaiian (FHB) Surpasses Q3 Earnings and Revenue Estimates
First Hawaiian (FHB) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.46 per share a year ago.
Positive
Zacks Investment Research
1 month ago
Unlocking Q3 Potential of First Hawaiian (FHB): Exploring Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for First Hawaiian (FHB), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Positive
Zacks Investment Research
2 months ago
First Hawaiian (FHB) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
First Hawaiian (FHB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
2 months ago
Tertia Freas appointed to First Hawaiian, Inc. and First Hawaiian Bank Boards of Directors
HONOLULU, Oct. 15, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ: FHB), announced today the appointment of Tertia Freas to serve on its Board of Directors and the Board of Directors of First Hawaiian Bank. Freas also was appointed to the Board of Directors' Audit Committee. All appointments are effective October 15, 2024.
Neutral
GlobeNewsWire
2 months ago
First Hawaiian to Report Third Quarter 2024 Financial Results on October 25, 2024
HONOLULU, Oct. 04, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ: FHB) announced today that it plans to release its third quarter 2024 financial results on Friday, October 25, 2024 before the market opens. First Hawaiian will host a conference call to discuss the company's results on the same day at 1:00 p.m. Eastern Time (7:00 a.m. Hawaii Time).
Negative
Seeking Alpha
4 months ago
First Hawaiian: Few Surprises In Recent Results
Shares of First Hawaiian have done okay since my last update, returning around 10% despite the recent pull back in regional bank stocks. The bank is performing about in line with initial guidance. Rate cuts look set to be a modest headwind, though balance sheet dynamics will be a longer-term tailwind. These shares can do okay for longer-term investors, but the near-term outlook remains tepid at best.
Negative
Seeking Alpha
4 months ago
First Hawaiian: Dividend Has Been The Same For 5 Years
First Hawaiian Bank, founded in 1858, is headquartered in Honolulu, Hawaii, and has faced challenges in recent years. Loan growth has been slow, with a focus on commercial loans, while dividend growth has been stagnant due to management's reluctance to raise the payout ratio. FHB's strategy of reinvesting proceeds from maturing securities into new loans may not be the most optimal approach, and the stock may be overpriced at current levels.
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