First Hawaiian (FHB) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - First Hawaiian (FHB) reported a revenue of $161.96 million for the quarter ended December 2024, which is a decrease of 22.9% compared to the same period last year [1] - The earnings per share (EPS) for the quarter was $0.41, an increase from $0.37 in the year-ago quarter, indicating a positive EPS surprise of +2.50% against the consensus estimate of $0.40 [1] - The reported revenue fell short of the Zacks Consensus Estimate of $186.28 million, resulting in a revenue surprise of -13.06% [1] Financial Metrics - Net charge-offs were reported at 0.1%, aligning with the average estimate based on three analysts [4] - Total Non-Accrual Loans and Leases amounted to $20.68 million, exceeding the three-analyst average estimate of $18.82 million [4] - The net interest margin was recorded at 3%, slightly above the average estimate of 2.9% from three analysts [4] - The efficiency ratio stood at 65.5%, higher than the average estimate of 63.4% from three analysts [4] - Average balance of total earning assets was $21.08 billion, marginally above the estimated $21.02 billion [4] - Total Non-Performing Assets were reported at $20.68 million, slightly above the average estimate of $20.49 million [4] - Total Noninterest Income was $29.38 million, below the average estimate of $33.03 million from three analysts [4] - Net Interest Income reached $158.75 million, surpassing the average estimate of $151.38 million from three analysts [4] - Bank-owned life insurance income was $5.71 million, significantly higher than the average estimate of $2.96 million based on two analysts [4] - Net Interest Income (FTE) was reported at $160.10 million, exceeding the average estimate of $154.11 million from two analysts [4] - Other service charges and fees totaled $13.13 million, above the average estimate of $10.81 million from two analysts [4] - Noninterest income from other sources was $4.45 million, compared to the average estimate of $2.55 million based on two analysts [4] Stock Performance - Shares of First Hawaiian have returned +4.8% over the past month, outperforming the Zacks S&P 500 composite's +2.9% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), suggesting potential for outperformance in the near term [3]