Q4 2025 First Hawaiian Inc Earnings Call Transcript
Key Points
- First Hawaiian Inc (FHB) reported strong credit quality with low and stable credit risk metrics.
- The company achieved a solid return on average tangible equity of 15.8% in the fourth quarter and 16.3% for the full year.
- Net interest margin (NIM) expanded to 3.21% in the fourth quarter, driven by lower deposit costs.
- First Hawaiian Inc (FHB) experienced good growth in commercial and industrial (C&I) loans and retail and commercial deposits.
- The company completed a $100 million share repurchase program and authorized a new $250 million buyback without a specific time frame, indicating strong capital management.
- Visitor arrivals were down 0.2% year-to-date through November, primarily due to fewer visitors from Canada.
- The median condo sales price on Oahu decreased by 5.2% from the previous year.
- Public deposits declined by $447 million in the fourth quarter, offsetting some of the growth in retail and commercial deposits.
- Nonperforming assets and 90-day past due loans increased by 5 basis points from the prior quarter.
- The company anticipates challenges from potential Fed rate cuts and a decreasing deposit beta, which could impact future net interest margin.
Good day and thank you for standing by. Welcome to the First Hawaiian Inc fourth quarter 2025 earnings conference call. (Operator Instructions) Please be advised today's conference is being recorded. I would now like to hand the conference over to your speaker today, Kevin Haseyama, Investor Relations. Please go ahead.
Thank you, Kevin, and thank you, everyone, for joining us as we review our financial results for the fourth quarter of 2025. With me today are Bob Harrison, Chairman, President and CEO; Jamie Moses, Chief Financial Officer; and Lee Nakamura, Chief Risk Officer. We have prepared a slide presentation that we will refer to in our remarks today. The presentation is available for downloading and viewing on our website at fhb.com in the Investor Relations section.
During today's call, we will be making forward-looking statements. So please refer to slide 1 for our safe harbor statement. We may also discuss certain non-GAAP financial measures. The appendix to
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
