First Hawaiian, Inc. — Cyborg Score 5/10

Mixed
Regional Banking / Community Banking Services

Strategic Profile

Net interest income makes up 75.6% of the company's total revenue, meaning lending operations are First Hawaiian Bank's largest source of revenue. Tangible book value per share growth has accelerated recently, growing by 11.7% annually over the last two years from $11.60 to $14.46 per share.

Cyborg Score Rationale

First Hawaiian Bank's revenue grew at a sluggish 3.6% compounded annual growth rate over the last five years, falling short of the banking sector benchmark. However, recent TBVPS acceleration and Q4 earnings beating estimates suggest improving fundamentals despite longer-term headwinds.

Top Insights

  • Q4 2025 earnings beat expectations with EPS 2% above consensus; recent Q3 also exceeded revenue forecasts
  • Net interest income dominance (75.6% of revenue) makes the bank vulnerable to interest rate environment changes
  • Tangible book value acceleration to 11.7% annual growth over 2 years signals improving balance sheet strength
  • Wall Street bears majority analyst sentiment with average 'Sell' rating; 12-month target suggests modest upside potential

Named Competitors

  • Commercial Banking Services — Large national banks offering comprehensive banking products in Hawaii
  • Community Banking — Local and regional financial institutions in Pacific island markets
  • Digital Banking — Technology-driven alternatives for deposits and lending

Recent Developments

  • (January 2026) Q4 2025 earnings reported with revenue up 5.4% YoY to $225.9M and EPS $0.56 (2% above consensus)
  • (October 2025) Q3 2025 exceeded expectations with 7.8% YoY revenue growth to $226.4M and EPS $0.59 (14% above consensus)
  • (2024) Full-year revenue declined 2.04% to $793.79M and earnings fell 2.07% year-over-year

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