First Hawaiian Inc
First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking products and services to consumer and commercial customers in the United States. The company operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. It offers various deposit products, including checking, savings, and time deposit accounts, and other dep… Read more
First Hawaiian Inc (FHB) - Net Assets
Latest net assets as of December 2025: $2.77 Billion USD
Based on the latest financial reports, First Hawaiian Inc (FHB) has net assets worth $2.77 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($23.96 Billion) and total liabilities ($21.19 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.77 Billion |
| % of Total Assets | 11.56% |
| Annual Growth Rate | 1.33% |
| 5-Year Change | 4.23% |
| 10-Year Change | 11.83% |
| Growth Volatility | 28.53 |
First Hawaiian Inc - Net Assets Trend (2000–2025)
This chart illustrates how First Hawaiian Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for First Hawaiian Inc (2000–2025)
The table below shows the annual net assets of First Hawaiian Inc from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.77 Billion | +5.80% |
| 2024-12-31 | $2.62 Billion | +5.29% |
| 2023-12-31 | $2.49 Billion | +9.57% |
| 2022-12-31 | $2.27 Billion | -14.60% |
| 2021-12-31 | $2.66 Billion | -3.18% |
| 2020-12-31 | $2.74 Billion | +3.93% |
| 2019-12-31 | $2.64 Billion | +4.57% |
| 2018-12-31 | $2.52 Billion | -0.30% |
| 2017-12-31 | $2.53 Billion | +2.26% |
| 2016-12-31 | $2.48 Billion | -9.52% |
| 2015-12-31 | $2.74 Billion | +2.31% |
| 2014-12-31 | $2.68 Billion | -60.38% |
| 2005-12-31 | $6.75 Billion | +17.83% |
| 2004-12-31 | $5.73 Billion | +34.41% |
| 2003-12-31 | $4.26 Billion | +10.24% |
| 2002-12-31 | $3.87 Billion | +93.16% |
| 2001-12-31 | $2.00 Billion | +0.65% |
| 2000-12-31 | $1.99 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Hawaiian Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 40.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.08 Billion | 38.96% |
| Common Stock | $1.42 Million | 0.05% |
| Other Comprehensive Income | $-368.14 Million | -13.29% |
| Other Components | $2.06 Billion | 74.28% |
| Total Equity | $2.77 Billion | 100.00% |
First Hawaiian Inc Competitors by Market Cap
The table below lists competitors of First Hawaiian Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
$2.92 Billion |
|
Viridian Therapeutics Inc
NASDAQ:VRDN
|
$2.92 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
$2.93 Billion |
|
Western Union Co
NYSE:WU
|
$2.93 Billion |
|
Hyosung Heavy Industries Corp
KO:298040
|
$2.92 Billion |
|
Walsin Lihwa Corp
TW:1605
|
$2.92 Billion |
|
Husqvarna AB
PINK:HSQVY
|
$2.92 Billion |
|
Workiva Inc
NYSE:WK
|
$2.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Hawaiian Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,617,486,000 to 2,769,365,000, a change of 151,879,000 (5.8%).
- Net income of 276,266,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 95,854,000.
- Other factors decreased equity by 220,241,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $276.27 Million | +9.98% |
| Other Comprehensive Income | $95.85 Million | +3.46% |
| Other Changes | $-220.24 Million | -7.95% |
| Total Change | $- | 5.80% |
Book Value vs Market Value Analysis
This analysis compares First Hawaiian Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.09x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.55x to 1.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $15.44 | $23.97 | x |
| 2001-12-31 | $15.54 | $23.97 | x |
| 2002-12-31 | $30.02 | $23.97 | x |
| 2003-12-31 | $33.09 | $23.97 | x |
| 2004-12-31 | $44.48 | $23.97 | x |
| 2005-12-31 | $83.88 | $23.97 | x |
| 2014-12-31 | $19.18 | $23.97 | x |
| 2015-12-31 | $19.63 | $23.97 | x |
| 2016-12-31 | $17.75 | $23.97 | x |
| 2017-12-31 | $18.13 | $23.97 | x |
| 2018-12-31 | $18.41 | $23.97 | x |
| 2019-12-31 | $19.79 | $23.97 | x |
| 2020-12-31 | $21.07 | $23.97 | x |
| 2021-12-31 | $20.51 | $23.97 | x |
| 2022-12-31 | $17.73 | $23.97 | x |
| 2023-12-31 | $19.44 | $23.97 | x |
| 2024-12-31 | $20.40 | $23.97 | x |
| 2025-12-31 | $22.07 | $23.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Hawaiian Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.98%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.65%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.65x
- Recent ROE (9.98%) is above the historical average (8.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.88% | 22.47% | 0.05x | 9.28x | $17.50 Million |
| 2001 | 0.41% | 25.38% | 0.00x | 10.81x | $-191.90 Million |
| 2002 | 9.34% | 23.66% | 0.04x | 8.99x | $-25.40 Million |
| 2003 | 10.24% | 25.90% | 0.04x | 9.00x | $10.30 Million |
| 2004 | 8.26% | 26.54% | 0.04x | 8.74x | $-99.60 Million |
| 2005 | 5.46% | 23.57% | 0.23x | 0.99x | $-490.15 Million |
| 2014 | 8.10% | 32.92% | 0.04x | 6.78x | $-50.83 Million |
| 2015 | 7.81% | 31.49% | 0.04x | 7.07x | $-59.91 Million |
| 2016 | 9.29% | 31.88% | 0.04x | 7.94x | $-17.47 Million |
| 2017 | 7.25% | 24.39% | 0.04x | 8.11x | $-69.57 Million |
| 2018 | 10.47% | 33.04% | 0.04x | 8.20x | $11.91 Million |
| 2019 | 10.77% | 33.81% | 0.04x | 7.64x | $20.37 Million |
| 2020 | 6.77% | 24.50% | 0.03x | 8.26x | $-88.66 Million |
| 2021 | 10.00% | 37.48% | 0.03x | 9.41x | $43.80K |
| 2022 | 11.71% | 32.73% | 0.03x | 10.83x | $38.78 Million |
| 2023 | 9.45% | 21.50% | 0.04x | 10.03x | $-13.62 Million |
| 2024 | 8.79% | 20.33% | 0.05x | 9.10x | $-31.62 Million |
| 2025 | 9.98% | 23.65% | 0.05x | 8.65x | $-670.50K |
Industry Comparison
This section compares First Hawaiian Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Hawaiian Inc (FHB) | $2.77 Billion | 10.88% | 7.65x | $2.92 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |