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First Hawaiian, Inc. FHB Commercial Banking Business — Income Tax Expense Benefit

Other segment segments

Retail Banking Business
$19.14M+7.2%
Corporate And Other Nonoperating
-$7.1M

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Other financials

Income statement

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Revenue$220.3M+4.4%
Net income$78.5M+7.2%
EPS (diluted)$0.64+10.3%

Balance sheet

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Total debt$60.9M-80.5%
Total equity$2.9B+5.8%
Total assets$24.6B+3.2%

Cash flow

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Operating cash flow$8.7M-93.6%
CapEx$4.3M-47.0%
Free cash flow$155.4M+443%

Valuation

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Market cap$3.35B+12.9%
P/E11.6×-0.5×

Profitability

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Net margin32%+3.1pp
FCF margin48.3%+16.9pp

Returns & leverage

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Return on equity10.5%+1.1pp
Debt / equity-0.1×

Where this comes from

Reported directly by First Hawaiian, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: First Hawaiian, Inc.’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-054867
(dollars in thousands)Three Months Ended / Retail / BankingThree Months Ended / Commercial / BankingThree Months Ended / Corporate/ / OtherThree Months Ended / Consolidated / Total
Other segment items (2)(37,950)(1,881)21,001(18,830)
Noninterest expense(76,570)(20,277)(31,038)(127,885)
Income (loss) before (provision) benefit for income taxes79,21939,014(30,769)87,464
(Provision) benefit for income taxes(19,144)(7,633)7,097(19,680)
Net income (loss)$60,075$31,381$(23,672)$67,784
Other Segment Disclosures:
Depreciation and amortization (3)$1,530$46$4,049$5,625
Segment earning assets(4)7,162,6067,281,1207,077,74421,521,470

Item 1. Financial Statements (unaudited)

FAQ

What is First Hawaiian, Inc.'s commercial banking business — income tax expense benefit?
First Hawaiian, Inc. (FHB) reported commercial banking business — income tax expense benefit of $7.63M in Q1 2026.
How has First Hawaiian, Inc.'s commercial banking business — income tax expense benefit changed year-over-year?
First Hawaiian, Inc.'s commercial banking business — income tax expense benefit decreased by 3.0% year-over-year, from $7.87M to $7.63M.
What is the long-term trend for First Hawaiian, Inc.'s commercial banking business — income tax expense benefit?
Over 4 years (2021 to 2025), First Hawaiian, Inc.'s commercial banking business — income tax expense benefit has grown at a -4.2% compound annual growth rate (CAGR), from $37.53M to $31.55M.
What does commercial banking business — income tax expense benefit mean?
Represents the portion of the commercial banking segment's earnings allocated to income tax obligations. It reflects the effective tax burden on the segment's pre-tax income based on applicable statutory rates.

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