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First Hawaiian quarterly net revenue rises 1.7% to $230.2 million

First Hawaiian's revenue growth has more than halved. Results for the quarter ended September 30, 2026, from the earnings release filed with the SEC on Oct 23, 2026.

Octans ResearchPublished

Snapshot

First Hawaiian's revenue growth has more than halved: net revenue rose 1.7% to $230.2 million in the quarter ended September 30, 2026, from $226.4 million a year earlier, after 6.3% year over year growth the quarter before.

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as of 15:32 ET · Realtime derived data

What We Know

Net revenue, the sum of net interest income and noninterest income, was $230.2 million for the quarter ended September 30, 2026, versus $226.4 million a year earlier, up 1.7%. Net interest income was $174.1 million, versus $169.3 million a year earlier, up 2.8%. Noninterest income was $56.1 million, versus $57.1 million a year earlier, down 1.6%. Diluted earnings per share was $0.52, down from $0.59.

Bar chart: First Hawaiian: net revenue, last eight quarters. US$ millions by quarter end, as of Oct 23, 2026. Dec 2024 188.1; Mar 2025 211.0; Jun 2025 217.5; Sep 2025 226.4; Dec 2025 225.9; Mar 2026 220.3; Jun 2026 231.3; Sep 2026 230.2. Latest quarter $230.2M, Up 1.7% vs a year earlier.
Source: SEC EDGAR (earnings release and XBRL financial data)

Quarterly net revenue by quarter end, oldest first: Dec 2024: $188.1 million; Mar 2025: $211.0 million; Jun 2025: $217.5 million; Sep 2025: $226.4 million; Dec 2025: $225.9 million; Mar 2026: $220.3 million; Jun 2026: $231.3 million; Sep 2026: $230.2 million.

Octans View

Year over year net revenue change by quarter, computed from the filed figures: Dec 2025 up 20.1%; Mar 2026 up 4.4%; Jun 2026 up 6.3%; Sep 2026 up 1.7%. On those figures, First Hawaiian's revenue growth has more than halved. That read compares the latest two year over year growth rates and nothing else.

Bear Case · Room for Disagreement

This brief covers net revenue, net interest income, noninterest income, the provision for credit losses and diluted earnings per share, each on the reported basis. Banks also publish managed or adjusted figures; those are not used here. It does not cover capital ratios, credit quality, guidance or the earnings call, and it makes no forecast.

Method and source. Each figure is taken from a row of the company's earnings release or financial supplement that also prints the year ago quarter exactly as the company reported it in its own XBRL financial data; rows that do not match are not used. Where the release prints net revenue, net interest income and noninterest income, the two parts must add up to the total. The text is generated from those verified figures by a fixed template; no model wrote it.

Chart

$FHB adjusted close, last 6 months $FHB adjusted close, last 6 months: series falling from 26.8 to 26.1 (−2.4%) from 2026-04-27 to 2026-10-22. Scale 24 to 32. 2426283032 2026-04-272026-10-22 $FHB ADJUSTED CLOSE, LAST 6 MONTHS −2.4% 26.13
Source: Tiingo · As of 2026-10-22Indicative, not investment advice.

Sources

  1. [1]SEC EDGAR — First Hawaiian results for the quarter ended September 30, 2026 (Exhibit 99.1, earnings release), filed Oct 23, 2026
  2. [2]SEC EDGAR — First Hawaiian XBRL financial data (company facts)

These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.

$230.2M

Net revenue, the sum of net interest income and noninterest income, was $230.2 million for the… · What we know

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