First Hawaiian Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	774.42	805.94	748.05	509.82	444.49
Interest Income on Investments	176.88	174.1	175.53	153.4	104.82
Total Interest Income	951.3	980.04	923.58	663.22	549.31
Interest Paid on Deposits	279.29	335.72	258.22	49.2	13.85
Interest Paid on Borrowings	8.27	21.59	29.23	0.47	4.9
Total Interest Expense	287.56	357.31	287.45	49.67	18.75
Net Interest Income	663.74	622.74	636.13	613.55	530.56
Net Interest Income Growth (YoY)	6.58%	-2.10%	3.68%	15.64%	-0.97%
Trust Income	36.94	38.31	38.45	36.47	34.72
Gain (Loss) on Sale of Investments	0.04	-26.17	0.79	-	0.1
Other Non-Interest Income	86.63	78.18	68.04	48.22	59.01
Total Non-Interest Income	217.05	185.8	200.82	179.53	184.92
Non-Interest Income Growth (YoY)	16.81%	-7.48%	11.86%	-2.92%	-6.31%
Revenues Before Loan Losses	880.79	808.54	836.94	793.07	715.48
Provision for Loan Losses	27.2	14.75	26.63	1.39	-39
Revenue	853.59	793.79	810.31	791.68	754.48
Revenue Growth (YoY)	7.53%	-2.04%	2.35%	4.93%	23.40%
Salaries and Employee Benefits	245.91	223.68	216.15	188.83	168.08
Occupancy Expenses	-	18.13	19.3	19.99	17.47
Federal Deposit Insurance	12.08	19.09	32.07	9.6	8.25
Selling, General & Administrative	155.39	145.26	139.06	133.87	119.16
Other Non-Interest Expense	85.97	95.03	94.56	88.18	89.23
Total Non-Interest Expense	499.35	501.19	501.14	440.47	402.18
EBT Excluding Unusual Items	354.24	292.6	309.17	351.21	352.3
Legal Settlements	-	-	-	-	-2.1
Other Unusual Items	-	-	-	-	-1.2
Pretax Income	354.24	292.6	309.17	351.21	349
Income Tax Expense	77.98	62.47	74.19	85.53	83.26
Net Income	276.27	230.13	234.98	265.69	265.74
Net Income to Common	276.27	230.13	234.98	265.69	265.74
Net Income Growth	20.05%	-2.07%	-11.56%	-0.02%	43.06%
Basic Shares Outstanding	125	128	128	127	129
Diluted Shares Outstanding	126	128	128	128	130
Shares Change (YoY)	-2.20%	0.32%	-0.05%	-1.20%	-0.52%
EPS (Basic)	2.21	1.80	1.84	2.08	2.06
EPS (Diluted)	2.20	1.79	1.84	2.08	2.05
EPS Growth	22.91%	-2.72%	-11.54%	1.46%	43.36%
Dividend Per Share	1.040	1.040	1.040	1.040	1.040
Effective Tax Rate	22.01%	21.35%	24.00%	24.35%	23.86%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.