--- title: "First Hawaiian | 10-Q: FY2026 Q1 Revenue: USD 220.35 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285114303.md" datetime: "2026-05-04T20:12:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285114303.md) - [en](https://longbridge.com/en/news/285114303.md) - [zh-HK](https://longbridge.com/zh-HK/news/285114303.md) --- # First Hawaiian | 10-Q: FY2026 Q1 Revenue: USD 220.35 M Revenue: As of FY2026 Q1, the actual value is USD 220.35 M. EPS: As of FY2026 Q1, the actual value is USD 0.55, beating the estimate of USD 0.5352. EBIT: As of FY2026 Q1, the actual value is USD -75.07 M. ### Segment Revenue #### Three Months Ended March 31, 2026 - **Retail Banking:** Net interest income was $130,120 thousand. Other revenue components included $6,679 thousand from service charges on deposit accounts, $10,381 thousand from other service charges and fees, $9,146 thousand from trust and investment services income, $337 thousand from other income, and $1,596 thousand from revenue not within the scope of Topic 606, totaling $158,259 thousand in revenue . - **Commercial Banking:** Net interest income was $43,967 thousand. Additional revenue streams included $1,331 thousand from service charges on deposit accounts, $13,506 thousand from credit and debit card fees, $621 thousand from other service charges and fees, $1,808 thousand from other income, and $1,338 thousand from revenue not within the scope of Topic 606, resulting in total revenue of $62,571 thousand . - **Corporate/Other:** Net interest income was - $6,557 thousand. Other revenue sources included $146 thousand from service charges on deposit accounts, $1,003 thousand from credit and debit card fees, $550 thousand from other service charges and fees, $860 thousand from other income, and $3,517 thousand from revenue not within the scope of Topic 606, leading to a total revenue of - $481 thousand . #### Three Months Ended March 31, 2025 - **Retail Banking:** Net interest income was $126,456 thousand. Other income sources included $6,364 thousand from service charges on deposit accounts, $8,844 thousand from other service charges and fees, $9,370 thousand from trust and investment services income, $202 thousand from other income, and $1,871 thousand from revenue not within the scope of Topic 606, with total revenue reaching $153,107 thousand . - **Commercial Banking:** Net interest income was $45,938 thousand. Other revenue components included $1,064 thousand from service charges on deposit accounts, $12,930 thousand from credit and debit card fees, $574 thousand from other service charges and fees, $1,437 thousand from other income, and $1,750 thousand from revenue not within the scope of Topic 606, for a total revenue of $63,693 thousand . - **Corporate/Other:** Net interest income was - $11,868 thousand. Other revenue included $107 thousand from service charges on deposit accounts, $974 thousand from credit and debit card fees, $515 thousand from other service charges and fees, $952 thousand from other income, and $3,523 thousand from revenue not within the scope of Topic 606, resulting in a total revenue of - $5,797 thousand . ### Operational Metrics (Consolidated) - **Net Interest Income:** Increased to $167,530 thousand for the three months ended March 31, 2026, from $160,526 thousand for the same period in 2025 . - **Provision for Credit Losses:** Decreased to $5,000 thousand in 2026 from $10,500 thousand in 2025 . - **Net Income:** Rose to $67,784 thousand for the three months ended March 31, 2026, compared to $59,248 thousand for the three months ended March 31, 2025 . - **Total Noninterest Expense:** Increased to $127,885 thousand in 2026 from $123,560 thousand in 2025 . - **Income Before Provision for Income Taxes:** Grew to $87,464 thousand in 2026 from $76,943 thousand in 2025 . ### Cash Flow (Consolidated) - **Net Cash Provided by Operating Activities:** Significantly increased to $159,715 thousand for the three months ended March 31, 2026, from $36,717 thousand in the prior year . - **Net Cash Used in Investing Activities:** Was - $110,333 thousand in 2026, a shift from $275,937 thousand provided in 2025 . - **Net Cash Provided by Financing Activities:** Was $192,014 thousand in 2026, compared to - $168,265 thousand used in 2025 . ### Unique Metrics - **Loan Portfolio Composition (March 31, 2026):** Total loans and leases amounted to $14,440,835 thousand, including Commercial real estate ($4,715,741 thousand), Residential mortgage ($4,063,933 thousand), Commercial and industrial ($2,241,882 thousand), Home equity line ($1,176,228 thousand), Consumer ($1,030,002 thousand), Construction ($769,302 thousand), and Lease financing ($443,747 thousand) . - **Allowance for Credit Losses (ACL):** The total ACL was $169,318 thousand as of March 31, 2026, an increase from $168,468 thousand at the beginning of the period . - **Reserve for Unfunded Commitments:** Totaled $34,947 thousand as of March 31, 2026, slightly down from $35,697 thousand at the beginning of the period . - **Pledged Securities:** Totaled $4.5 billion as of March 31, 2026, comprising $2.3 billion for borrowing capacity, $2.1 billion for public deposits, and $38.5 million for other financial transactions . - **Unfunded Commitments to Extend Credit:** Amounted to $6,537,861 thousand as of March 31, 2026 . - **Nonaccrual Loans and Leases:** Totaled $39,680 thousand as of March 31, 2026, with $14,775 thousand having no ACL . - **Common Stock Repurchases:** First Hawaiian, Inc. repurchased 1,307,738 shares for $32.0 million during the three months ended March 31, 2026, under a program for up to $250.0 million . ### Future Outlook and Strategy First Hawaiian, Inc. announced a stock repurchase program for up to $250.0 million of its outstanding common stock during 2026, with the timing and amount subject to management’s discretion and market conditions . The company’s Board of Directors declared a quarterly cash dividend of $0.26 per share, payable on May 29, 2026, to shareholders of record as of May 18, 2026 . Management is not aware of any conditions or events that have occurred since March 31, 2026, that would change the capital adequacy category of First Hawaiian, Inc. or First Hawaiian Bank . ### Related Stocks - [FHB.US](https://longbridge.com/en/quote/FHB.US.md) ## Related News & Research - [First Hawaiian, Inc. Reports First Quarter 2026 Financial Results and Declares Dividend | FHB Stock News](https://longbridge.com/en/news/283999091.md) - [Strategic Storage Trust VI, Inc. Reports First Quarter 2026 Results | SMA Stock News](https://longbridge.com/en/news/286978813.md) - [GDEV announces results for the first quarter of 2026 | GDEV Stock News](https://longbridge.com/en/news/286909689.md) - [Capstone Holding Corp. 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