First Hawaiian, Inc. is a bank holding company headquartered in Honolulu, Hawaii. Its principal subsidiary, First Hawaiian Bank, founded in 1858 under the name Bishop & Company, is Hawaii's oldest and largest financial institution with branch locations throughout Hawaii, Guam and Saipan. The company offers a comprehensive suite of banking services to consumer and commercial customers including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Customers may also access their accounts through ATMs, online and mobile banking channels.
Company profile
Ticker
FHB
Exchange
Website
CEO
Robert Harrison
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
BANCWEST CORP/HI, FIRST HAWAIIAN INC
SEC CIK
Corporate docs
Subsidiaries
Bishop Street Capital Management Corporation • First Hawaiian Leasing, Inc. ...
FHB stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
16 Mar 23
DEFA14A
Additional proxy soliciting materials
16 Mar 23
DEF 14A
Definitive proxy
16 Mar 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
0 Investor Presentation February / March 2023
14 Feb 23
8-K
First Hawaiian, Inc. Reports Fourth Quarter 2022 Financial Results and Declares Dividend
27 Jan 23
8-K
First Hawaiian, Inc. Appoints James M. Moses Chief Financial Officer
15 Dec 22
8-K
Mark Mugiishi appointed to First Hawaiian, Inc. and First Hawaiian Bank Boards of Directors
7 Dec 22
8-K
0 Investor Presentation November 2022
23 Nov 22
10-Q
2022 Q3
Quarterly report
7 Nov 22
Transcripts
FHB
Earnings call transcript
2022 Q4
27 Jan 23
FHB
Earnings call transcript
2022 Q3
28 Oct 22
FHB
Earnings call transcript
2022 Q2
30 Jul 22
FHB
Earnings call transcript
2022 Q1
22 Apr 22
FHB
Earnings call transcript
2021 Q4
21 Jan 22
FHB
Earnings call transcript
2021 Q3
22 Oct 21
FHB
Earnings call transcript
2021 Q2
23 Jul 21
FHB
Earnings call transcript
2021 Q1
23 Apr 21
FHB
Earnings call transcript
2020 Q4
22 Jan 21
FHB
Earnings call transcript
2020 Q3
23 Oct 20
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Revenue | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 526.62 mm | 526.62 mm | 526.62 mm | 526.62 mm | 526.62 mm | 526.62 mm |
| Cash burn (monthly) | 140.77 mm | 60.99 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 376.60 mm | 163.16 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 150.03 mm | 363.47 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 1.1 | 6.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 252 |
| Opened positions | 32 |
| Closed positions | 27 |
| Increased positions | 101 |
| Reduced positions | 90 |
| 13F shares | Current |
|---|---|
| Total value | 3.18 tn |
| Total shares | 141.78 mm |
| Total puts | 1.20 k |
| Total calls | 12.10 k |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 16.99 mm | $442.52 bn |
| Vanguard | 14.66 mm | $381.83 bn |
| Kayne Anderson Rudnick Investment Management | 13.41 mm | $349.13 bn |
| American Century Investment Management | 8.66 mm | $0.00 |
| American Century Companies | 8.09 mm | $210.62 bn |
| Manufacturers Life Insurance Company, The | 7.45 mm | $193.91 bn |
| MFC Manulife Financial | 7.44 mm | $193.81 mm |
| STT State Street | 4.99 mm | $129.88 bn |
| Alliancebernstein | 4.02 mm | $104.77 bn |
| Fuller & Thaler Asset Management | 3.51 mm | $91.51 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Mar 23 | Robert S Harrison | Common Stock | Buy | Acquire P | No | No | 21.6079 | 23,500 | 507.79 k | 350,449 |
| 26 Feb 23 | Alan Arizumi | Common Stock | Payment of exercise | Dispose F | Yes | No | 27.12 | 82 | 2.22 k | 6,011 |
| 26 Feb 23 | Alan Arizumi | Common Stock | Payment of exercise | Dispose F | No | No | 27.12 | 570 | 15.46 k | 54,663 |
| 26 Feb 23 | Neill Char | Common Stiock | Payment of exercise | Dispose F | No | No | 27.12 | 177 | 4.80 k | 20,933 |
| 26 Feb 23 | Christopher L Dods | Common Stock | Payment of exercise | Dispose F | No | No | 27.12 | 423 | 11.47 k | 57,391 |
| 26 Feb 23 | Ralph Mesick | Common Stock | Payment of exercise | Dispose F | No | No | 27.12 | 1,036 | 28.10 k | 62,985 |
| 23 Feb 23 | Alan Arizumi | Common Stock | Payment of exercise | Dispose F | Yes | No | 26.8 | 74 | 1.98 k | 6,093 |
| 23 Feb 23 | Alan Arizumi | Common Stock | Payment of exercise | Dispose F | No | No | 26.8 | 414 | 11.10 k | 55,233 |
| 23 Feb 23 | Neill Char | Common Stiock | Payment of exercise | Dispose F | No | No | 26.8 | 369 | 9.89 k | 21,110 |
| 23 Feb 23 | Christopher L Dods | Common Stock | Payment of exercise | Dispose F | No | No | 26.8 | 979 | 26.24 k | 57,814 |
News
Regional Bank Analyst Slashes Price Targets Across The Board: 'Interest Rates Pose Significant Risk'
13 Mar 23
Wells Fargo Maintains Equal-Weight on First Hawaiian, Raises Price Target to $28
30 Jan 23
First Hawaiian Q4 EPS $0.62 Beats $0.58 Estimate
27 Jan 23
Earnings Scheduled For January 27, 2023
27 Jan 23
Preview: First Hawaiian's Earnings
26 Jan 23