First Hawaiian, Inc. (FHB)

First Hawaiian Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	798.2	805.94	748.05	509.82	444.49	496.52
Interest Income on Investments	172.04	174.1	175.53	153.4	104.82	86.24
Total Interest Income	970.24	980.04	923.58	663.22	549.31	582.76
Interest Paid on Deposits	323.28	335.72	258.22	49.2	13.85	35.47
Interest Paid on Borrowings	18.12	21.59	29.23	0.47	4.9	11.55
Total Interest Expense	341.41	357.31	287.45	49.67	18.75	47.03
Net Interest Income	628.84	622.74	636.13	613.55	530.56	535.73
Net Interest Income Growth (YoY)	0.89%	-2.10%	3.68%	15.64%	-0.97%	-6.57%
Trust Income	37.32	38.31	38.45	36.47	34.72	35.65
Gain (Loss) on Sale of Investments	-26.13	-26.17	0.79	-	0.1	-0.11
Other Non-Interest Income	79.94	78.18	68.04	48.22	59.01	78.22
Total Non-Interest Income	184.91	185.8	200.82	179.53	184.92	197.38
Non-Interest Income Growth (YoY)	-8.98%	-7.48%	11.86%	-2.92%	-6.31%	2.52%
Revenues Before Loan Losses	813.75	808.54	836.94	793.07	715.48	733.11
Provision for Loan Losses	18.95	14.75	26.63	1.39	-39	121.72
Revenue	794.8	793.79	810.31	791.68	754.48	611.4
Revenue Growth (YoY)	-0.94%	-2.04%	2.35%	4.93%	23.40%	-18.71%
Salaries and Employee Benefits	224.52	223.68	216.15	188.83	168.08	164.19
Occupancy Expenses	19.29	18.13	19.3	19.99	17.47	16.9
Federal Deposit Insurance	14.79	19.09	32.07	9.6	8.25	8.66
Selling, General & Administrative	144.39	145.26	139.06	133.87	119.16	108.47
Other Non-Interest Expense	92.95	95.03	94.56	88.18	89.23	69.45
Total Non-Interest Expense	495.94	501.19	501.14	440.47	402.18	367.67
EBT Excluding Unusual Items	298.86	292.6	309.17	351.21	352.3	243.72
Legal Settlements	-	-	-	-	-2.1	-
Other Unusual Items	-	-	-	-	-1.2	-
Pretax Income	298.86	292.6	309.17	351.21	349	243.72
Income Tax Expense	63.7	62.47	74.19	85.53	83.26	57.97
Net Income	235.16	230.13	234.98	265.69	265.74	185.75
Net Income to Common	235.16	230.13	234.98	265.69	265.74	185.75
Net Income Growth	5.74%	-2.07%	-11.56%	-0.02%	43.06%	-34.68%
Basic Shares Outstanding	127	128	128	127	129	130
Diluted Shares Outstanding	128	128	128	128	130	130
Shares Change (YoY)	0.06%	0.32%	-0.05%	-1.20%	-0.52%	-2.37%
EPS (Basic)	1.85	1.80	1.84	2.08	2.06	1.43
EPS (Diluted)	1.84	1.79	1.84	2.08	2.05	1.43
EPS Growth	5.59%	-2.72%	-11.54%	1.46%	43.36%	-32.86%
Dividend Per Share	0.780	1.040	1.040	1.040	1.040	1.040
Dividend Growth	-25.00%	-	-	-	-	-
Effective Tax Rate	21.32%	21.35%	24.00%	24.35%	23.86%	23.79%

Updated Apr 23, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q