FIRST HAWAIIAN, INC. (FHB)

First Hawaiian, Inc. is a bank holding company engaged in the provision of banking services to consumer and commercial customers, including deposit products, lending services, and wealth management and trust services through its subsidiary, First Hawaiian Bank. It operates through the following business segments: Retail Banking, Commercial Banking, and Treasury and Other. The Retail Banking segment offers residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases, deposits, such as checking, savings and time deposit accounts to consumers, small businesses and certain commercial customers. The Commercial Banking segment provides corporate banking, residential and commercial real estate loans, commercial lease financing, auto dealer financing, deposit products and credit cards that they provide primarily to middle market and large companies in Hawaii, Guam, Saipan, and California. The Treasury and Other segment relates to the treasury business, which consists of corporate asset and liability management activities, including interest rate risk management, as well as organizational units such as technology, operations, credit and risk management, human resources, finance, administration, marketing, and corporate and regulatory administration. The company was founded in 1858 and is headquartered in Honolulu, HI.

Address

999 BISHOP STREET
HONOLULU, HI 96813

Founded

1858

Number of Employees

2,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - $131,800 $136,486 $5,932 $66,191 $9,841 - - $70,050
Average Price - - - - $27.63 $26.51 $21.64 $27.88 $23.91 - - $26.99
# Shares Purchased - - - - 4,769,870 5,149,178 274,120 2,373,953 411,552 - - 2,595,735
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - -16.8% -13.2% 6.3% -17.5% -3.8% - - -14.8%
S&P 500 Return to Date - - - - 104.9% 93.1% 74.8% 31.7% 37.3% - - 68.3%
Excess Total Return - - - - -121.6% -106.3% -68.6% -49.2% -41.1% - - -83.1%
Quartile Rank
Percentile Rank - - - - 28% 28% 33% 33% 42% - - 31%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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