GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Hawaiian Inc (NAS:FHB) » Definitions » Goodwill

First Hawaiian (First Hawaiian) Goodwill : $995.5 Mil (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is First Hawaiian Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. First Hawaiian's goodwill for the quarter that ended in Dec. 2023 was $995.5 Mil.


First Hawaiian Goodwill Historical Data

The historical data trend for First Hawaiian's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Hawaiian Goodwill Chart

First Hawaiian Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 995.49 995.49 995.49 995.49 995.49

First Hawaiian Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 995.49 995.49 995.49 995.49 995.49

First Hawaiian Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


First Hawaiian  (NAS:FHB) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

First Hawaiian's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=995.49/24926.474
=0.04

First Hawaiian's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=995.49/24926.474
=0.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


First Hawaiian Goodwill Related Terms

Thank you for viewing the detailed overview of First Hawaiian's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


First Hawaiian (First Hawaiian) Business Description

Traded in Other Exchanges
N/A
Address
999 Bishop Street, 29th Floor, Honolulu, HI, USA, 96813
First Hawaiian Inc is a bank holding company. It provides a diversified range of banking services to consumer and commercial customers, including deposit products, lending services, and wealth management and trust services. The company offers a variety of deposit products to its customers, including checking and savings accounts and other types of deposit accounts. It provides commercial and industrial lending, including auto dealer flooring, commercial real estate and construction lending. It also offers comprehensive consumer lending services focused on residential real estate lending, indirect auto financing and other consumer loans. Its segments are Retail Banking, Commercial Banking and Treasury and Other of which key revenue is derived from Retail Banking.
Executives
Christopher L Dods officer: Vice Ch & Chief Operating Ofcr 352 WAILUPE CIRCLE, HONOLULU HI 96821
Darlene N. Blakeney officer: EVP & CHIEF LENDING OFFICER 44-656 B KANEOHE BAY DRIVE, KANEOHE HI 96744
Lea M. Nakamura officer: EVP & CHIEF RISK OFFICER 99-667 POHUE STREET, AIEA HI 96701
Robert S Harrison director, officer: Chairman of the Board and CEO 999 BISHOP STREET, HONOLULU HI 96813
James M Moses officer: VICE CH & CHIEF FINANCIAL OFCR 999 BISHOP STREET, HONOLULU HI 96813
Mark M Mugiishi director 1177 QUEEN STREET PH2, HONOLULU HI 96814
Michael K Fujimoto director 16-166 MELEKAHIWA STREET, KEAAU HI 96749-8016
Ravi Mallela officer: Exec VP, CFO & Treasurer C/O NMI HOLDINGS, INC. (NATIONAL MI), 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Jim Moffatt director 1423 GARFIELD AVE., SOUTH PASADENA CA 91030
Kelly Ann Thompson director 921 LINCOLN PL, PACIFICA CA 94044
Neill Char officer: Executive VP 266 PUIWA ROAD, HONOLULU HI 96817
Vanessa L Washington director CATELLUS DEVELOPEMENT CORP, 201 MISSION STREET 2ND FL, SAN FRANCISCO CA 94105-1832
Mitchell Nishimoto officer: Exec VP & Manager 2121 KEEAUMOKU STREET, HONOLULU HI 96822
Paribas Bnp director, 10 percent owner 3 RUE D'ANTIN, PARIS I0 75002
Craig Scott Wo director 702 SOUTH BERETANIA STREET, HONOLULU HI 96813