FHB Stock Recent News

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.

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.

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.

Howard Hughes Communities Deliver Strong Home Sales and Land Sales in First Half of 2024 Supporting Expectation of Record-Breaking Year for HHH Portfolio Howard Hughes Communities Deliver Strong Home Sales and Land Sales in First Half of 2024 Supporting Expectation of Record-Breaking Year for HHH Portfolio

While the top- and bottom-line numbers for First Hawaiian (FHB) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

First Hawaiian (FHB) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.49 per share a year ago.

HONOLULU, July 26, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today reported financial results for its quarter ended June 30, 2024.

First Hawaiian (FHB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

HONOLULU, Hawaii, July 05, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ: FHB) announced today that it plans to release its second quarter 2024 financial results on Friday, July 26, 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).

First Hawaiian, Inc. (NASDAQ:FHB ) Q1 2024 Earnings Conference Call April 26, 2024 1:00 PM ET Company Participants Kevin Haseyama - IR Manager Robert Harrison - Chairman, President & CEO James Moses - Vice Chairman and CFO Lea Nakamura - EVP and Chief Risk Officer Conference Call Participants David Feaster - Raymond James Steven Alexopoulos - JPMorgan Timur Braziler - Wells Fargo Jared Shaw - Barclays Andrew Liesch - Piper Sandler Kelly Motta - KBW Operator Good day and thank you for standing by. Welcome to the First Hawaiian Inc. Q1 2024 Earnings Conference Call.