Annonce • Jun 29
First Hawaiian, Inc.(NasdaqGS:FHB) dropped from Russell 1000 Dynamic Index First Hawaiian, Inc.(NasdaqGS:FHB) dropped from Russell 1000 Dynamic Index Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Tertia Freas was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 04
First Hawaiian, Inc. to Report Q1, 2026 Results on Apr 24, 2026 First Hawaiian, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 24, 2026 Annonce • Mar 13
First Hawaiian, Inc., Annual General Meeting, Apr 22, 2026 First Hawaiian, Inc., Annual General Meeting, Apr 22, 2026. Annonce • Feb 24
First Hawaiian, Inc. Announces Management Changes First Hawaiian, Inc. announced intention of Alan Arizumi, vice chairman of First Hawaiian, Inc. and First Hawaiian Bank, to retire, effective March 31, 2026, following more than 40 years of service. Arizumi joined First Hawaiian Bank in 1983 and has served on the senior management committee since 2009. He has led the wealth management group since 2013 and previously held senior leadership roles in risk management, business and card services, and across consumer, commercial and corporate banking. Executive Vice President Michael Tottori will assume responsibility for the wealth management group and join the senior management committee. Tottori began his career with First Hawaiian Bank in 1989 and returned in 2005 after gaining private client investment experience on the mainland. Since then, he has advanced through a series of leadership roles within wealth advisory, guiding the division's strategic growth, including overseeing the transition of FHB's broker-dealer platform to Raymond James Financial. He was promoted to division manager in 2020 and to executive vice president in 2024. Annonce • Jan 10
First Hawaiian, Inc. to Report Q4, 2025 Results on Jan 30, 2026 First Hawaiian, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Jan 30, 2026 Annonce • Oct 04
First Hawaiian, Inc. to Report Q3, 2025 Results on Oct 24, 2025 First Hawaiian, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 24, 2025 Annonce • Jul 08
First Hawaiian, Inc. to Report Q2, 2025 Results on Jul 25, 2025 First Hawaiian, Inc. announced that they will report Q2, 2025 results on Jul 25, 2025 Annonce • Apr 03
First Hawaiian, Inc. to Report Q1, 2025 Results on Apr 23, 2025 First Hawaiian, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 23, 2025 Annonce • Mar 13
First Hawaiian, Inc., Annual General Meeting, Apr 22, 2025 First Hawaiian, Inc., Annual General Meeting, Apr 22, 2025. Annonce • Feb 01
First Hawaiian, Inc. (NasdaqGS:FHB) announces an Equity Buyback for $100 million worth of its shares. First Hawaiian, Inc. (NasdaqGS:FHB) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of common stock. The repurchase program will run during 2025. Annonce • Jan 31
First Hawaiian, Inc Declares Quarterly Cash Dividend, Payable on February 28, 2025 On January 29, 2025, First Hawaiian, Inc.’s Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on February 28, 2025, to stockholders of record at the close of business on February 14, 2025. Annonce • Jan 11
First Hawaiian, Inc. to Report Q4, 2024 Results on Jan 31, 2025 First Hawaiian, Inc. announced that they will report Q4, 2024 results Pre-Market on Jan 31, 2025 Annonce • Dec 27
Christopher L. Dods, Vice Chairman and Chief Operating Officer of First Hawaiian, Inc. and First Hawaiian Bank, Submits Resignation, Effective March 31, 2025 First Hawaiian, Inc. announced that Christopher L. Dods, Vice Chairman and Chief Operating Officer of First Hawaiian, Inc. and First Hawaiian Bank, has submitted his resignation effective March 31, 2025. He will continue to work with the management team through the first quarter of 2025 to ensure a smooth transition of his responsibilities. Chris Dods joined First Hawaiian Bank in 2007 in the Card Services Division where he oversaw credit and debit card product development, operations, and compliance. Over time, his responsibilities grew to include marketing, corporate communications, digital banking, and all consumer products. In 2021 he was promoted to Vice Chairman and Chief Operating Officer and given oversight of Enterprise Technology Management, Enterprise Operations Services, Data and Analytics, and Strategy and Transformation. Upcoming Dividend • Nov 13
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 18 November 2024. Payment date: 29 November 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.3%). Declared Dividend • Oct 30
Third quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 18th November 2024 Payment date: 29th November 2024 Dividend yield will be 4.3%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (59% payout ratio) and is expected to be covered in 3 years' time (59% forecast payout ratio). The dividend has increased by an average of 3.3% per year over the past 8 years and payments have been stable during that time. EPS is expected to decline by 1.5% over the next 2 years. However, it would need to fall by 34% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: US$0.48 (vs US$0.46 in 3Q 2023) Third quarter 2024 results: EPS: US$0.48 (up from US$0.46 in 3Q 2023). Revenue: US$202.6m (up 3.5% from 3Q 2023). Net income: US$61.5m (up 5.6% from 3Q 2023). Profit margin: 30% (in line with 3Q 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Annonce • Oct 25
First Hawaiian, Inc. Declares Quarterly Dividend, Payable on November 29, 2024 First Hawaiian, Inc. declared a quarterly cash dividend of $0.26per share. The dividend will be payable on November 29, 2024, to stockholders of record at the close of business on November 18, 2024. New Risk • Oct 25
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.02% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.02% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Annonce • Oct 16
First Hawaiian, Inc. Appoints Tertia Freas to Its Board of Directors First Hawaiian, Inc. announced the appointment of Tertia Freas to serve on its board of directors. Freas also was appointed to the Board of Directors’ Audit Committee. All appointments are effective October 15, 2024. Tertia Freas is the executive director of The Clarence T.C. Ching Foundation. Ms. Freas, age 66, has served as the executive director for The Clarence T.C. Ching Foundation a private foundation that provides grants to nonprofit organizations in Hawaii for education, healthcare, children, youth and family, sustainability, housing and arts, culture and innovation, since January 2015. Until January 2015, Ms. Freas worked in public accounting for over 35 years at Deloitte & Touche LLP and served as an audit partner for more than 20 years. She is also a member of the American Institute of Certified Public Accountants and the Hawaii Society of CPAs. Ms. Freas currently serves on the board and is the Chair of the Finance Committee at First Presbyterian Church of Honolulu, and she previously served on the boards of directors for the Hawaii Chapter of the American Red Cross, The Contemporary Museum, The Ronald McDonald House of Hawaii, St Andrews Priory, The McKinley High School Foundation and Retail Merchants of Hawaii. Ms. Freas holds a Bachelor’s of Business Administration from the University of Hawaii, Shidler College of Business and was elected to that school’s Alumni Hall of Honor in 2005. Annonce • Oct 05
First Hawaiian, Inc. to Report Q3, 2024 Results on Oct 25, 2024 First Hawaiian, Inc. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Oct 25, 2024 Declared Dividend • Aug 04
Second quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 19th August 2024 Payment date: 30th August 2024 Dividend yield will be 4.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (60% payout ratio) and is expected to be covered in 3 years' time (60% forecast payout ratio). The dividend has increased by an average of 3.3% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 3.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 27
Second quarter 2024 earnings released: EPS: US$0.48 (vs US$0.49 in 2Q 2023) Second quarter 2024 results: EPS: US$0.48 (down from US$0.49 in 2Q 2023). Revenue: US$202.8m (flat on 2Q 2023). Net income: US$61.9m (flat on 2Q 2023). Profit margin: 31% (in line with 2Q 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year. Annonce • Jul 06
First Hawaiian, Inc. to Report Q2, 2024 Results on Jul 26, 2024 First Hawaiian, Inc. announced that they will report Q2, 2024 results Pre-Market on Jul 26, 2024 Declared Dividend • May 06
First quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 17th May 2024 Payment date: 31st May 2024 Dividend yield will be 4.9%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 3.3% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 6.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: US$0.42 (vs US$0.52 in 1Q 2023) First quarter 2024 results: EPS: US$0.42 (down from US$0.52 in 1Q 2023). Revenue: US$199.5m (down 3.8% from 1Q 2023). Net income: US$54.2m (down 19% from 1Q 2023). Profit margin: 27% (down from 32% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year. Annonce • Apr 06
First Hawaiian, Inc. to Report Q1, 2024 Results on Apr 26, 2024 First Hawaiian, Inc. announced that they will report Q1, 2024 results Pre-Market on Apr 26, 2024 Annonce • Mar 15
First Hawaiian, Inc., Annual General Meeting, Apr 24, 2024 First Hawaiian, Inc., Annual General Meeting, Apr 24, 2024, at 18:00 Coordinated Universal Time. Agenda: To consider the election to company's Board of Directors of the nine nominees named in the attached Proxy Statement to serve until the 2025 Annual Meeting of Stockholders; to consider An advisory vote on the compensation of named executive officers as disclosed in the attached Proxy Statement; to consider An advisory vote on the frequency of future votes on the compensation of named executive officers; to consider the ratification of the appointment of Deloitte & Touche LLP to serve as independent registered public accounting firm for the fiscal year ending December 31, 2024; and to consider other matters. Reported Earnings • Mar 04
Full year 2023 earnings released: EPS: US$1.84 (vs US$2.08 in FY 2022) Full year 2023 results: EPS: US$1.84 (down from US$2.08 in FY 2022). Revenue: US$810.3m (up 2.4% from FY 2022). Net income: US$235.0m (down 12% from FY 2022). Profit margin: 29% (down from 34% in FY 2022). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 2.92% (up from 2.78% in FY 2022). Cost-to-income ratio: 59.5% (up from 55.2% in FY 2022). Non-performing loans: 0.13% (up from 0.08% in FY 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Feb 08
Upcoming dividend of US$0.26 per share at 5.0% yield Eligible shareholders must have bought the stock before 15 February 2024. Payment date: 01 March 2024. Trailing yield: 5.0%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.3%). Upcoming Dividend • Feb 08
Upcoming dividend of US$0.26 per share at 5.0% yield Eligible shareholders must have bought the stock before 15 February 2024. Payment date: 01 March 2024. Trailing yield: 5.0%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.3%). Declared Dividend • Feb 05
Fourth quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 15th February 2024 Payment date: 1st March 2024 Dividend yield will be 5.0%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (56% payout ratio) and is expected to be covered in 3 years' time (59% forecast payout ratio). The dividend has increased by an average of 3.8% per year over the past 7 years and payments have been stable during that time. EPS is expected to decline by 3.0% over the next 2 years. However, it would need to fall by 37% to increase the payout ratio to a potentially unsustainable range. Annonce • Jan 27
First Hawaiian, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023 First Hawaiian, Inc. reported net charge-offs for the fourth quarter ended December 31, 2023. Net charge-offs were $5.8 million, or 0.16% of average loans and leases on an annualized basis, for the quarter ended December 31, 2023. Reported Earnings • Jan 27
Full year 2023 earnings released: EPS: US$1.84 (vs US$2.08 in FY 2022) Full year 2023 results: EPS: US$1.84 (down from US$2.08 in FY 2022). Revenue: US$810.3m (up 2.4% from FY 2022). Net income: US$235.0m (down 12% from FY 2022). Profit margin: 29% (down from 34% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year. Annonce • Jan 27
First Hawaiian, Inc. (NasdaqGS:FHB) announces an Equity Buyback for $40 million worth of its shares. First Hawaiian, Inc. (NasdaqGS:FHB) announces a share repurchase program. Under the program, the company will repurchase up to $40 million worth of common stock. The repurchase program will run during 2024. Annonce • Jan 26
First Hawaiian, Inc. Declares Quarterly Cash Dividend, Payable on March 1, 2024 First Hawaiian, Inc. declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on March 1, 2024, to stockholders of record at the close of business on February 16, 2024. Annonce • Jan 06
First Hawaiian, Inc. to Report Q4, 2023 Results on Jan 26, 2024 First Hawaiian, Inc. announced that they will report Q4, 2023 results Pre-Market on Jan 26, 2024 Upcoming Dividend • Nov 10
Upcoming dividend of US$0.26 per share at 5.7% yield Eligible shareholders must have bought the stock before 17 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.5%). Annonce • Oct 28
First Hawaiian, Inc. Declares Quarterly Cash Dividend, Payable on December 1, 2023 The Board of Directors of First Hawaiian, Inc. declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on December 1, 2023, to stockholders of record at the close of business on November 20, 2023. Reported Earnings • Oct 28
Third quarter 2023 earnings released: EPS: US$0.46 (vs US$0.54 in 3Q 2022) Third quarter 2023 results: EPS: US$0.46 (down from US$0.54 in 3Q 2022). Revenue: US$195.7m (down 4.7% from 3Q 2022). Net income: US$58.2m (down 16% from 3Q 2022). Profit margin: 30% (down from 34% in 3Q 2022). Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Banks industry in Europe are expected to grow by 3.5%. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Annonce • Oct 07
First Hawaiian, Inc. to Report Q3, 2023 Results on Oct 27, 2023 First Hawaiian, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 27, 2023 Upcoming Dividend • Aug 11
Upcoming dividend of US$0.26 per share at 5.1% yield Eligible shareholders must have bought the stock before 18 August 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.0%). Reported Earnings • Jul 31
Second quarter 2023 earnings released: EPS: US$0.49 (vs US$0.47 in 2Q 2022) Second quarter 2023 results: EPS: US$0.49 (up from US$0.47 in 2Q 2022). Revenue: US$202.3m (up 7.4% from 2Q 2022). Net income: US$62.4m (up 5.2% from 2Q 2022). Profit margin: 31% (in line with 2Q 2022). Revenue is forecast to stay flat during the next 2 years compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €19.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €35.11 per share. Annonce • Jul 08
First Hawaiian, Inc. to Report Q2, 2023 Results on Jul 28, 2023 First Hawaiian, Inc. announced that they will report Q2, 2023 results Pre-Market on Jul 28, 2023 Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €17.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 21% over the past three years. Upcoming Dividend • May 12
Upcoming dividend of US$0.26 per share at 6.7% yield Eligible shareholders must have bought the stock before 19 May 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (6.1%). Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: US$0.52 (vs US$0.45 in 1Q 2022) First quarter 2023 results: EPS: US$0.52 (up from US$0.45 in 1Q 2022). Revenue: US$207.5m (up 15% from 1Q 2022). Net income: US$66.8m (up 16% from 1Q 2022). Profit margin: 32% (in line with 1Q 2022). Revenue is expected to decline by 2.8% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 22
Chairman of the Board recently bought €478k worth of stock On the 16th of March, Robert Harrison bought around 24k shares on-market at roughly €20.35 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €20.80, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 44% over the past three years. Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: US$2.08 (vs US$2.06 in FY 2021) Full year 2022 results: EPS: US$2.08. Revenue: US$791.7m (up 4.9% from FY 2021). Net income: US$265.7m (flat on FY 2021). Profit margin: 34% (down from 35% in FY 2021). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 2.78% (up from 2.43% in FY 2021). Cost-to-income ratio: 55.2% (down from 56.5% in FY 2021). Non-performing loans: 0.08% (up from 0.05% in FY 2021). Revenue is forecast to stay flat during the next 2 years compared to a 6.6% growth forecast for the Banks industry in Europe. Upcoming Dividend • Feb 09
Upcoming dividend of US$0.26 per share at 3.8% yield Eligible shareholders must have bought the stock before 16 February 2023. Payment date: 03 March 2023. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.4%). Reported Earnings • Jan 28
Full year 2022 earnings released: EPS: US$2.08 (vs US$2.06 in FY 2021) Full year 2022 results: EPS: US$2.08. Revenue: US$791.7m (up 4.9% from FY 2021). Net income: US$265.7m (flat on FY 2021). Profit margin: 34% (down from 35% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.7% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 5.2%. Annonce • Jan 07
First Hawaiian, Inc. to Report Q4, 2022 Results on Jan 27, 2023 First Hawaiian, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Jan 27, 2023 Board Change • Jan 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Mark Mugiishi was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Dec 08
First Hawaiian, Inc. and First Hawaiian Bank Appoints Mark Mugiishi to Boards of Directors First Hawaiian, Inc., the parent company of First Hawaiian Bank, announced the appointment of Mark Mugiishi, M.D., F.A.C.S., to serve on its Board of Directors and the Board of Directors of First Hawaiian Bank. Dr. Mugiishi also was appointed to the Board of Directors’ Risk Committee. All appointments are effective December 6, 2022. Dr. Mugiishi is the president and chief executive officer of Hawaii Medical Service Association (HMSA). For the majority of his career, Dr. Mugiishi practiced and taught surgery in private practice and in association with the University of Hawaii John A. Burns School of Medicine. He has served HMSA in a variety of capacities since 1995, from part-time medical director to consultant. In 2015, he joined the leadership team as executive vice president, chief medical officer and chief health officer. Dr. Mugiishi co-founded the Endoscopy Institute of Hawai?i and the Eye Surgery Center of Hawaii and was a medical director at Hawaii technology accelerators. He was a general surgeon in the state for nearly 30 years and was associate chair of the department of surgery and director of surgical education at the University of Hawaii’s medical school. Dr. Mugiishi earned his medical degree from Northwestern University Feinberg School of Medicine. Upcoming Dividend • Nov 11
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 18 November 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.5%). Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: US$0.54 (vs US$0.50 in 3Q 2021) Third quarter 2022 results: EPS: US$0.54 (up from US$0.50 in 3Q 2021). Revenue: US$205.4m (up 10.0% from 3Q 2021). Net income: US$69.0m (up 7.4% from 3Q 2021). Profit margin: 34% (in line with 3Q 2021). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year. Annonce • Oct 29
First Hawaiian, Inc. Declares Quarterly Cash Dividend, Payable on December 2, 2022 On October 26, 2022, the First Hawaiian, Inc. Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on December 2, 2022, to stockholders of record at the close of business on November 21, 2022. Annonce • Oct 14
First Hawaiian, Inc. Appoints Michael Fujimoto to the Board of Directors First Hawaiian, Inc. announced the appointment of Michael Fujimoto, executive chairman of Hawaii Planing Mill Ltd. dba HPM Building Supply, to serve on the Board of Directors of First Hawaiian, Inc. Fujimoto was appointed as a member of the Audit Committee and the Risk Committee of the Company’s Board of Directors, and currently serves on the board of directors of First Hawaiian Bank, a wholly owned subsidiary of the Company. Fujimoto has led HPM Building Supply in various leadership roles including executive chairman, director, and president and chief executive officer from 1992-2018. He is currently a Trustee of the Parker Ranch Foundation Trust and has been Chairman of the Board and a member of the Audit and Governance Committees of Parker Ranch Inc., a privately held ranching operation located in Waimea on the Big Island of Hawaii. Fujimoto also serves as the Trustee and Chairman of the HPM Building Supply Foundation, Secretary of the Board of Directors of the Kohala Institute and Vice President of the Board of the New Moon Foundation. He holds a bachelor’s and master’s degree in Economics from the University of Massachusetts, Amherst, and a Master of Business Administration from the University of California, Berkeley. Annonce • Oct 09
First Hawaiian, Inc. to Report Q3, 2022 Results on Oct 28, 2022 First Hawaiian, Inc. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Oct 28, 2022 Upcoming Dividend • Aug 12
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 19 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.5%). Reported Earnings • Jul 30
Second quarter 2022 earnings released: EPS: US$0.47 (vs US$0.67 in 2Q 2021) Second quarter 2022 results: EPS: US$0.47 (down from US$0.67 in 2Q 2021). Revenue: US$188.3m (down 13% from 2Q 2021). Net income: US$59.4m (down 32% from 2Q 2021). Profit margin: 32% (down from 40% in 2Q 2021). Over the next year, revenue is expected to shrink by 12% compared to a 22% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Annonce • Jul 30
First Hawaiian, Inc. Declares Quarterly Cash Dividend, Payable September 2, 2022 On July 27, 2022, the Company’s Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on September 2, 2022, to stockholders of record at the close of business on August 22, 2022. Annonce • Jul 20
First Hawaiian, Inc. to Report Q2, 2022 Results on Jul 29, 2022 First Hawaiian, Inc. announced that they will report Q2, 2022 results Pre-Market on Jul 29, 2022 Upcoming Dividend • May 13
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 20 May 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of German dividend payers (4.2%). Lower than average of industry peers (6.7%). Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: US$0.45 (vs US$0.44 in 1Q 2021) First quarter 2022 results: EPS: US$0.45 (up from US$0.44 in 1Q 2021). Revenue: US$181.0m (up 4.6% from 1Q 2021). Net income: US$57.7m (flat on 1Q 2021). Profit margin: 32% (down from 33% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 23% compared to a 8.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year. Annonce • Apr 23
First Hawaiian, Inc. Declares Quarterly Cash Dividend, Payable on June 3, 2022 First Hawaiian, Inc. declared quarterly cash dividend of $0.26 per share. The dividend will be payable on June 3, 2022 to stockholders of record at the close of business on May 23, 2022. Reported Earnings • Apr 23
First quarter 2022 earnings released: EPS: US$0.45 (vs US$0.44 in 1Q 2021) First quarter 2022 results: EPS: US$0.45 (up from US$0.44 in 1Q 2021). Revenue: US$181.0m (up 4.6% from 1Q 2021). Net income: US$57.7m (flat on 1Q 2021). Profit margin: 32% (down from 33% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 23% compared to a 8.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat. Annonce • Apr 02
First Hawaiian, Inc. to Report Q1, 2022 Results on Apr 22, 2022 First Hawaiian, Inc. announced that they will report Q1, 2022 results Pre-Market on Apr 22, 2022 Reported Earnings • Feb 28
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$2.06 (up from US$1.43 in FY 2020). Revenue: US$754.5m (up 23% from FY 2020). Net income: US$265.7m (up 43% from FY 2020). Profit margin: 35% (up from 30% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 2.43% (down from 2.77% in FY 2020). Cost-to-income ratio: 54.3% (up from 49.8% in FY 2020). Non-performing loans: 0.05% (down from 0.07% in FY 2020). Revenue missed analyst estimates by 15%. Over the next year, revenue is expected to shrink by 28% compared to a 9.8% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year. Annonce • Feb 13
Matthew J. Cox Announces Not to Stand for Reelection to the Board of First Hawaiian, Inc. and First Hawaiian Bank On February 7, 2022, Mr. Matthew J. Cox, a director of First Hawaiian, Inc. (the “Company”) and its wholly owned subsidiary, First Hawaiian Bank, notified the Company that he will not be standing for re-election at the Company’s 2022 annual meeting of stockholders. Mr. Cox’s decision not to stand for re-election was not as a result of any disagreement with the Company. Mr. Cox, who has served on the Company’s board of directors since 2016, will continue to serve as a director and as chairman of the Compensation Committee of the Company’s board of directors until his current term expires at the April 2022 annual meeting of stockholders. Upcoming Dividend • Feb 10
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 17 February 2022. Payment date: 04 March 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.4%). In line with average of industry peers (3.6%). Annonce • Jan 22
First Hawaiian, Inc. (NasdaqGS:FHB) announces an Equity Buyback for $75 million worth of its shares. First Hawaiian, Inc. (NasdaqGS:FHB) announces a share repurchase program. Under the program, the company will repurchase up to $75 million worth of common stock. The repurchase program will run during 2022. Reported Earnings • Jan 22
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$2.06 (up from US$1.43 in FY 2020). Revenue: US$754.5m (up 23% from FY 2020). Net income: US$265.7m (up 43% from FY 2020). Profit margin: 35% (up from 30% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 15%. Over the next year, revenue is expected to shrink by 16% compared to a 11% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year. Upcoming Dividend • Nov 12
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 19 November 2021. Payment date: 03 December 2021. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.9%). Recent Insider Transactions • Nov 09
Executive VP & CFO of Finance Group recently sold €55k worth of stock On the 5th of November, Ravi Mallela sold around 2k shares on-market at roughly €24.87 per share. This was the largest sale by an insider in the last 3 months. This was Ravi's only on-market trade for the last 12 months. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS US$0.50 (vs US$0.50 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$186.7m (up 5.0% from 3Q 2020). Net income: US$64.3m (down 1.3% from 3Q 2020). Profit margin: 34% (down from 37% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 13
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 20 August 2021. Payment date: 03 September 2021. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (3.2%). 
