# First Hawaiian Inc. (FHB) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Banks. Price $26.07, market value $3.2 billion.

## Valuation
- **P/E (trailing): 11.3×** (5-yr avg 11.5×, 3-yr avg 12.0×). First Hawaiian Inc. trades at 11.3× trailing earnings, close to its own five-year average of 11.5×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 10.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.45**. A PEG of 0.45 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.5×**. Each dollar of revenue is priced at 3.5×.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 9.9%** (5-yr avg 11.3%). Free cash flow equals 9.9% of the market value, in line with its five-year average of 11.3%. Above 5% is generally attractive.
- **Earnings yield: 8.8%**. The inverse of the P/E: 8.8% of the price is earned each year.

## Profitability
- **Net margin: 31.4%**. 31.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.0%**. 10.0% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 1.2%**. Each dollar of assets produces 1.2% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 8.9%** (3-yr 3.6%/yr, 5-yr 3.7%/yr). Revenue grew 8.9% over the last year, against 3.7% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 22.9%** (3-yr 1.9%/yr, 5-yr 9.0%/yr). Earnings per share rose 22.9%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -10.1%/yr**. Free cash flow has compounded at -10.1% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 3.99%** ($1.04 per share, trailing). First Hawaiian Inc. yields 3.99%, an income-level yield.
- **Payout ratio: 47%** (41% of free cash flow). 47% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 10**. 10 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 2.9%** (YTD 5.1%, 3-mo -4.7%). The shares are up 2.9% over twelve months including dividends.
- **From 52-week high: -14.7%** (15.1% above the low). Trading 15% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 0.73** (volatility 24%). Beta of 0.73 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FHB · Page: https://foliofundamentals.com/stocks/fhb

Not investment advice.