Here's What Analysts Are Forecasting For First Hawaiian, Inc. (NASDAQ:FHB) After Its First-Quarter Results

The quarterly results for First Hawaiian, Inc. (NASDAQ:FHB) were released last week, making it a good time to revisit its performance. First Hawaiian reported in line with analyst predictions, delivering revenues of US$211m and statutory earnings per share of US$0.47, suggesting the business is executing well and in line with its plan. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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After the latest results, the seven analysts covering First Hawaiian are now predicting revenues of US$863.3m in 2025. If met, this would reflect a decent 8.6% improvement in revenue compared to the last 12 months. Per-share earnings are expected to accumulate 5.3% to US$1.97. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$866.4m and earnings per share (EPS) of US$1.96 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

View our latest analysis for First Hawaiian

There were no changes to revenue or earnings estimates or the price target of US$25.71, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on First Hawaiian, with the most bullish analyst valuing it at US$28.00 and the most bearish at US$22.00 per share. This is a very narrow spread of estimates, implying either that First Hawaiian is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The analysts are definitely expecting First Hawaiian's growth to accelerate, with the forecast 12% annualised growth to the end of 2025 ranking favourably alongside historical growth of 4.9% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 6.9% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that First Hawaiian is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on First Hawaiian. Long-term earnings power is much more important than next year's profits. We have forecasts for First Hawaiian going out to 2026, and you can see them free on our platform here.

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.