First Hawaiian (FHB) to Release Earnings on Friday

First Hawaiian (NASDAQ:FHB) will post its quarterly earnings results before the market opens on Friday, April 26th. Analysts expect First Hawaiian to post earnings of $0.41 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

First Hawaiian (NASDAQ:FHB) last announced its quarterly earnings data on Friday, January 26th. The bank reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.08). First Hawaiian had a return on equity of 9.87% and a net margin of 20.90%. The company had revenue of $210.14 million for the quarter, compared to analysts’ expectations of $201.09 million. During the same quarter in the previous year, the business posted $0.62 EPS. On average, analysts expect First Hawaiian to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Hawaiian Stock Performance

Shares of First Hawaiian stock opened at $21.96 on Wednesday. First Hawaiian has a one year low of $15.08 and a one year high of $23.22. The company has a market cap of $2.80 billion, a price-to-earnings ratio of 11.93 and a beta of 1.01. The business’s 50 day moving average price is $21.27 and its 200 day moving average price is $20.73.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on FHB shares. StockNews.com upgraded First Hawaiian to a “sell” rating in a research report on Friday, January 19th. Barclays started coverage on First Hawaiian in a research report on Friday, March 8th. They issued an “equal weight” rating and a $25.00 target price on the stock. Finally, Wells Fargo & Company lifted their target price on First Hawaiian from $18.00 to $20.00 and gave the company an “underweight” rating in a research report on Monday, January 29th. Three analysts have rated the stock with a sell rating and one has assigned a hold rating to the company’s stock. According to MarketBeat.com, First Hawaiian presently has a consensus rating of “Reduce” and an average price target of $21.60.

About First Hawaiian

First Hawaiian, Inc operates as a bank holding company for First Hawaiian Bank that provides a range of banking products and services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company offers various deposit products, including checking, savings, and time deposit accounts, and other deposit accounts.