First Hawaiian (FHB) to Release Earnings on Friday

First Hawaiian (NASDAQ:FHB) will be releasing its earnings data before the market opens on Friday, April 26th. Analysts expect First Hawaiian to post earnings of $0.41 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

First Hawaiian (NASDAQ:FHB) last released its quarterly earnings data on Friday, January 26th. The bank reported $0.37 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.08). The company had revenue of $210.14 million during the quarter, compared to analysts’ expectations of $201.09 million. First Hawaiian had a return on equity of 9.87% and a net margin of 20.90%. During the same quarter in the prior year, the firm posted $0.62 EPS. On average, analysts expect First Hawaiian to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Hawaiian Trading Up 1.1 %

FHB opened at $22.21 on Thursday. The company has a market cap of $2.83 billion, a P/E ratio of 12.07 and a beta of 1.01. The business’s 50-day moving average price is $21.29 and its 200-day moving average price is $20.74. First Hawaiian has a 12 month low of $15.08 and a 12 month high of $23.22.

Analyst Upgrades and Downgrades

FHB has been the topic of several recent analyst reports. StockNews.com raised First Hawaiian to a “sell” rating in a research note on Friday, January 19th. Wells Fargo & Company raised their target price on First Hawaiian from $18.00 to $20.00 and gave the stock an “underweight” rating in a research note on Monday, January 29th. Finally, Barclays initiated coverage on First Hawaiian in a research note on Friday, March 8th. They issued an “equal weight” rating and a $25.00 target price on the stock. Three research analysts have rated the stock with a sell rating and one has issued a hold rating to the company. According to MarketBeat, First Hawaiian presently has an average rating of “Reduce” and an average target price of $21.60.

First Hawaiian Company Profile

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. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company offers various deposit products, including checking, savings, and time deposit accounts, and other deposit accounts.