First Hawaiian Inc. (FHB) Financial Statements (2025 and earlier)

Company Profile

Business Address 999 BISHOP STREET
HONOLULU, HI 96813
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,072,8121,114,7591,274,2661,739,8971,213,428558,131
Cash and cash equivalent1,072,8121,114,7591,274,2661,739,8971,213,428558,131
Debt securities, held-to-maturity, accrued interest, after allowance for credit loss7,3007,0007,4007,200
Total current assets:1,072,8121,114,7591,281,5661,746,8971,220,828565,331
Noncurrent Assets
Operating lease, right-of-use asset   61,300  
Property, plant and equipment287,036283,762281,181281,461277,805277,817
Intangible assets, net (including goodwill)995,492995,492995,492995,4921,001,3471,001,564
Goodwill995,492995,492995,492995,492995,492995,492
Intangible assets, net (excluding goodwill)     5,8556,072
Investment, proportional amortization method, elected, amount240,700222,300207,400   
Total noncurrent assets:1,523,2281,501,5541,484,0731,338,2531,279,1521,279,381
Other undisclosed assets21,184,24521,375,47821,513,54721,841,32422,412,54422,666,854
TOTAL ASSETS:23,780,28523,991,79124,279,18624,926,47424,912,52424,511,566
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt250,000500,000500,000500,000500,000 
Total current liabilities:250,000500,000500,000500,000500,000 
Noncurrent Liabilities
Liabilities, other than long-term debt      
Investment program, proportional amortization method, elected, commitment      
Total noncurrent liabilities:      
Other undisclosed liabilities20,882,25120,941,47921,265,42521,940,40822,061,51522,151,828
Total liabilities:21,132,25121,441,47921,765,42522,440,40822,561,51522,151,828
Equity
Equity, attributable to parent2,648,0342,550,3122,513,7612,486,0662,351,0092,359,738
Common stock1,4171,4171,4171,4131,4131,413
Treasury stock, value(373,945)(373,944)(373,858)(371,246)(371,227)(371,210)
Additional paid in capital2,558,1582,554,7952,551,4882,548,2502,545,6592,543,226
Accumulated other comprehensive loss(452,658)(519,132)(523,780)(530,210)(648,731)(612,736)
Retained earnings915,062887,176858,494837,859823,895799,045
Total equity:2,648,0342,550,3122,513,7612,486,0662,351,0092,359,738
TOTAL LIABILITIES AND EQUITY:23,780,28523,991,79124,279,18624,926,47424,912,52424,511,566

Income Statement (P&L) ($ in thousands)

12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
Revenues209,995204,619205,798210,140203,245207,287
Net investment income 250,009244,916212,613 203,102192,829
Gross profit:209,995204,619205,798210,140203,245207,287
Operating expenses(8,758)(9,142)(9,553)(9,002)(9,000)(9,445)
Other operating income (expense), net
(Noninterest Income, Other Operating Income)
2,6034,292    
Operating income:203,840199,769196,245201,138194,245197,842
Interest and debt expense   (90,525)(89,237)(82,651)(69,266)
Income from continuing operations before equity method investments, income taxes:203,840199,769105,720111,901111,594128,576
Other undisclosed loss from continuing operations before income taxes(127,392)(119,036)(35,035)(49,398)(35,232)(47,170)
Income from continuing operations before income taxes:76,44880,73370,68562,50376,36281,406
Income tax expense(14,956)(18,812)(16,465)(15,001)(18,141)(18,964)
Net income available to common stockholders, diluted:61,49261,92154,22047,50258,22162,442

Comprehensive Income ($ in thousands)

12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
Net income:61,49261,92154,22047,50258,22162,442
Comprehensive income:61,49261,92154,22047,50258,22162,442
Other undisclosed comprehensive income (loss), net of tax, attributable to parent66,4744,6486,430118,521(35,995)(1,057)
Comprehensive income, net of tax, attributable to parent:127,96666,56960,650166,02322,22661,385

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: