First Hawaiian Q1 net income rises yr/yr, credit loss provision decreases

First Hawaiian

24/04/2026 13:08

Overview

US regional bank's Q1 net income and EPS rose yr/yr, but slipped from prior quarter

Company grew loans and deposits, while net interest income declined from previous quarter

First Hawaiian repurchased 1.3 mln shares for $32 mln in Q1

Outlook

Company did not provide specific guidance for the current quarter or full year

Result Drivers

LOAN AND DEPOSIT GROWTH - Loans and deposits increased compared to prior quarter

LOWER CREDIT LOSS PROVISION - Provision for credit losses decreased to $5.0 mln from $7.7 mln in prior quarter

Company press release: ID:nGNX5Z4Wpv

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.55
Q1 Net Income
$67.78 mln
Q1 Net Interest Income
$167.53 mln
Q1 Credit Loss Provision
$5 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 6 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for First Hawaiian Inc is $27.50, about 2% above its April 23 closing price of $26.96

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)