First Hawaiian Q1 Net Income Rises to $67.78M, Credit Loss Provisions Fall to $5M
FHB sits 20% above its 52-week low of $22.51.
Summary
First Hawaiian reported Q1 2026 net income of $67.78 million and diluted EPS of $0.55, both showing year-over-year increases. A significant positive was the decrease in the provision for credit losses to $5.0 million, down from $7.7 million in the prior quarter, indicating improved asset quality. The company also experienced growth in both loans and deposits during the quarter. While net interest income saw a sequential decline, the overall year-over-year profitability growth and reduced risk provisions are material for a regional bank. This Q1 report provides new insights into the company's performance following its Q4 and full-year 2025 results. Traders will likely view the reduced credit loss provisions and net income growth positively, though the lack of forward guidance may lead to some caution.
At the time of this announcement, FHB was trading at $26.96 on NASDAQ in the Finance sector, with a market capitalization of approximately $3.3B. The 52-week trading range was $22.51 to $28.35. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.