First Hawaiian, Inc. (FHB) — Financial statements
Income statement, balance sheet, and cash flow for First Hawaiian, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,168↑3.2% | 1,132↑3.6% | 1,093↑34.6% | 812↑14.5% | 709 | |
| Cost of Revenue | 315↓15.4% | 372↑18.5% | 314↑515.1% | 51↑352.2% | -20 | |
| Gross Profit | 854↑12.3% | 760↓2.4% | 779↑2.4% | 761↑4.3% | 729 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 393↑66.7% | 236↑4.3% | 226↑13.4% | 199↑9.2% | 182 | |
| Selling & Marketing Expenses | 9↑11.1% | 8↑1.4% | 8↓4.8% | 8↑30.9% | 6 | |
| SG&A Expenses | 401↑64.9% | 243↑4.2% | 233↑12.7% | 207↑9.9% | 188 | |
| Other Expenses | 98↓56.2% | 224↓5.1% | 236↑16.7% | 202↑5.5% | 192 | |
| Operating Expenses | 499↑6.8% | 467↓0.5% | 470↑14.7% | 409↑7.7% | 380 | |
| Total Costs & Expenses | 814↓3.0% | 839↑7.1% | 784↑70.1% | 461↑27.9% | 360 | |
| Operating Results | ||||||
| Operating Income | 354↑21.1% | 293↓5.4% | 309↓12.0% | 351↑0.6% | 349 | |
| Depreciation & Amortization | 0.00↓100.0% | 38↓11.1% | 43↓24.6% | 57↑9.5% | 52 | |
| EBITDA | 354↑7.1% | 331↓6.1% | 352↓13.7% | 408↑1.8% | 401 | |
| EBIT | 354↑21.1% | 293↓5.4% | 309↓12.0% | 351↑0.6% | 349 | |
| Interest & Other Income | ||||||
| Net Interest Income | 664↑6.6% | 623↓2.1% | 636↑3.7% | 614↑15.6% | 531 | |
| Interest Income | 951↓2.9% | 980↑6.1% | 924↑39.3% | 663↑20.7% | 549 | |
| Interest Expense | 288↓19.5% | 357↑24.3% | 287↑478.7% | 50↑164.9% | 19 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 354↑21.1% | 293↓5.4% | 309↓12.0% | 351↑0.6% | 349 | |
| Income Tax Expense | 78↑24.8% | 62↓15.8% | 74↓13.3% | 86↑2.7% | 83 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 276↑20.0% | 230↓2.1% | 235↓11.6% | 266↓0.0% | 266 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 276↑20.0% | 230↓2.1% | 235↓11.6% | 266↓0.0% | 266 | |
| Bottom-Line Net Income | 276↑20.0% | 230↓2.1% | 235↓11.6% | 266↓0.0% | 266 | |
| EPS (Basic) | 2.21↑22.8% | 1.80↓2.2% | 1.84↓11.5% | 2.08↑1.0% | 2.06 | |
| EPS (Diluted) | 2.20↑22.9% | 1.79↓2.7% | 1.84↓11.5% | 2.08↑1.5% | 2.05 | |
| Weighted Average Shares | 125↓2.3% | 128↑0.1% | 128↑0.1% | 127↓1.1% | 129 | |
| Weighted Average Diluted Shares | 126↓2.2% | 128↑0.3% | 128↓0.1% | 128↓1.2% | 130 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.