Workflow
First Hawaiian (FHB) Q1 Earnings and Revenues Surpass Estimates
First HawaiianFirst Hawaiian(US:FHB) ZACKSยท2025-04-23 14:10

Core Viewpoint - First Hawaiian (FHB) reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.46 per share, and showing an increase from $0.42 per share a year ago, indicating a positive earnings surprise of 2.17% [1][2] Financial Performance - The company achieved revenues of $211 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.32%, and up from $205.8 million year-over-year [2] - Over the last four quarters, First Hawaiian has consistently surpassed consensus EPS estimates four times and topped revenue estimates three times [2] Stock Performance - First Hawaiian shares have declined approximately 10.3% since the beginning of the year, compared to a decline of 10.1% for the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.49 on revenues of $214.47 million, and for the current fiscal year, it is $1.97 on revenues of $865.21 million [7] - The trend of estimate revisions for First Hawaiian is mixed, which may change following the recent earnings report [6] Industry Context - The Banks - West industry, to which First Hawaiian belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact First Hawaiian's stock performance [5]