FHB ahead of Q3 results: what analysts expect from First Hawaiian

what happened

Hawaiian lender First Hawaiian will publish third-quarter results tomorrow before the U.S. market opens. According to StockStory, its revenue last quarter came in at $228.8 million, up 5.2% from a year earlier. Revenue beat analyst expectations, though net interest income slightly missed estimates and earnings per share narrowly topped them.

For this quarter, the market expects revenue to grow about 1% year on year, a clear slowdown from the 7.8% gain recorded in the same period last year. Analysts have generally kept their estimates unchanged over the past 30 days. Among regional banks, Amalgamated Financial reported revenue growth of 17.7%, beating expectations by 4.4%, while Washington Trust Bancorp posted a 15% rise, topping forecasts by 4.1%. Washington Trust shares rose 4% after its report.

Over the last month, regional bank stocks have been roughly flat, while First Hawaiian shares gained 4.4%. The average analyst price target stands at $29.11, compared with a current share price of $25.87.

why it matters

For regional bank investors, quarterly figures show how lenders are handling net interest income and overall revenue trends. Peer results offer a reference point, but the stock reaction will depend on the actual numbers and management commentary.

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