First Hawaiian (NASDAQ:FHB – Get Free Report) updated its second quarter 2026 earnings guidance on Monday. The company provided EPS guidance of 0.600-0.600 for the period, compared to the consensus EPS estimate of 0.580. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
FHB has been the subject of several recent analyst reports. Benchmark started coverage on shares of First Hawaiian in a research report on Wednesday. They issued a “hold” rating for the company. Piper Sandler raised their price target on shares of First Hawaiian from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Monday, April 27th. TD Cowen lifted their price target on First Hawaiian from $28.00 to $29.00 and gave the company a “hold” rating in a report on Tuesday, April 28th. Barclays boosted their price objective on First Hawaiian from $28.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of First Hawaiian in a research report on Monday, July 6th. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and an average price target of $29.12.
Read Our Latest Research Report on FHB
First Hawaiian Stock Performance
First Hawaiian (NASDAQ:FHB – Get Free Report) last posted its quarterly earnings data on Friday, April 24th. The bank reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.02. First Hawaiian had a net margin of 24.44% and a return on equity of 10.39%. The business had revenue of $220.35 million during the quarter, compared to analysts’ expectations of $223.59 million. During the same period last year, the firm posted $0.47 earnings per share. On average, equities research analysts predict that First Hawaiian will post 2.35 earnings per share for the current year.
First Hawaiian Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 18th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Monday, May 18th. First Hawaiian’s dividend payout ratio (DPR) is presently 45.61%.
Institutional Trading of First Hawaiian
Institutional investors have recently modified their holdings of the company. Royal Bank of Canada grew its holdings in First Hawaiian by 8.6% during the first quarter. Royal Bank of Canada now owns 165,337 shares of the bank’s stock worth $4,041,000 after acquiring an additional 13,071 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of First Hawaiian by 9.3% in the first quarter. Integrated Wealth Concepts LLC now owns 10,060 shares of the bank’s stock valued at $246,000 after buying an additional 856 shares in the last quarter. United Services Automobile Association acquired a new stake in shares of First Hawaiian during the 1st quarter valued at $201,000. Empowered Funds LLC lifted its position in shares of First Hawaiian by 10.4% during the 1st quarter. Empowered Funds LLC now owns 16,407 shares of the bank’s stock valued at $401,000 after acquiring an additional 1,542 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of First Hawaiian by 8.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 425,079 shares of the bank’s stock worth $10,389,000 after acquiring an additional 31,686 shares in the last quarter. Institutional investors and hedge funds own 97.63% of the company’s stock.
About First Hawaiian
First Hawaiian, Inc is the oldest and largest bank in Hawaii, operating as the bank holding company for First Hawaiian Bank. Established in 1858, the company offers a full suite of financial services to individual, business and institutional clients. Its product portfolio includes consumer and commercial lending, deposit accounts, treasury and cash management, foreign exchange and trade finance, as well as wealth management and trust services.
First Hawaiian serves customers through an extensive network of branches, ATMs and digital channels across the Hawaiian Islands, Guam, Saipan and American Samoa.
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