FHB Earnings Prediction
The chart below shows how FHB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FHB sees a -4.32% change in stock price 10 days leading up to the earnings, and a -1.31% change 10 days following the report. On the earnings day itself, the stock moves by +1.27%. This data can give you a slight idea of what to expect for the next quarter's release.
FHB Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
165.46M
0.75%
-12.61%
Gross Margin
--
--
--
Operating Margin
39.12%
2.79%
-3.10%
Net Margin
31.73%
9.68%
-2.31%
EPS
0.41
10.81%
-14.58%
No Data Available
FHB Earnings Analysis
First Hawaiian Inc Corporation (FHB.O) Earnings Conference Call
Positive
NIM Expansion Drivers: NIM expansion of 8 basis points driven by favorable deposit mix changes and rate outperformance, contributing to strong financial performance.
Loan Growth Analysis: Loan growth of $167 million or 1.2% from the prior quarter, primarily driven by increases in commercial real estate (CRE) and commercial and industrial (C&I) loans.
Deposit Performance Growth: Total retail and commercial deposits increased by $324 million, with retail deposits up $113 million and commercial deposits up $211 million, indicating strong deposit performance.
Net Interest Income Increase: Net interest income rose to $158.8 million, a linked quarter increase of $2.1 million, reflecting effective deposit management and strategic pricing actions.
Share Repurchase Commitment: Share repurchase program fully utilized with the repurchase of approximately 1.5 million shares, demonstrating commitment to returning value to shareholders.
Negative
Securities Sale Loss Impact: $26,200,000 pre-tax loss recognized from the sale of securities during the investment portfolio restructuring, negatively impacting non-interest income.
Public Deposit Decline: Total public deposits declined by $230,000,000, including a $100,000,000 decrease in higher-cost public time deposits, indicating a significant outflow of funds.
Loan Growth Expectations: Loan growth was only $167,000,000 or 1.2% from the prior quarter, with expectations for full-year loan growth to remain in the low to mid-single digit range due to anticipated payoffs in the CRE and construction portfolios.
Non-Interest Income Decline: Non-interest income was reported at $29,400,000, significantly impacted by the aforementioned loss on securities, suggesting a decline in overall income generation capabilities.
Rising Operational Costs: Non-interest expenses are expected to increase by about 2% to around $510,000,000 in 2025, indicating rising operational costs despite efforts to manage expenses.
FHB FAQs
How does FHB typically perform around its earnings report dates?
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FHB Earning Call Sentiment
Earnings call transcript: First Hawaiian misses Q4 2024 EPS forecast
FHB.O
3.1%Positive
The earnings call summary presents mixed signals: positive loan and deposit growth, share repurchases, and strong credit performance, but also a significant securities sale loss and unclear guidance on buybacks. The Q&A reveals management's optimism about growth but also their reluctance to provide specific guidance, which could concern investors. The market cap suggests moderate volatility. Overall, the sentiment is neutral, with no strong catalysts to drive the stock significantly up or down in the short term.