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First Hawaiian, Inc. FHB Retail Banking Business — Equipment Expense

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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:EquipmentExpense.

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
Salaries and employee benefits(26,522)(5,011)(32,557)(64,090)
Contracted services and professional fees(2,671)(4,019)(7,274)(13,964)
Occupancy(7,982)(486)652(7,816)
Equipment(1,445)(476)(12,860)(14,781)
Card rewards program(8,404)(8,404)
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

Item 1. Financial Statements (unaudited)

FAQ

What is First Hawaiian, Inc.'s retail banking business — equipment expense?
First Hawaiian, Inc. (FHB) reported retail banking business — equipment expense of $1.45M in Q1 2026.
How has First Hawaiian, Inc.'s retail banking business — equipment expense changed year-over-year?
First Hawaiian, Inc.'s retail banking business — equipment expense increased by 3.6% year-over-year, from $1.4M to $1.45M.
What is the long-term trend for First Hawaiian, Inc.'s retail banking business — equipment expense?
Over 3 years (2022 to 2025), First Hawaiian, Inc.'s retail banking business — equipment expense has grown at a 5.2% compound annual growth rate (CAGR), from $4.74M to $5.52M.
What does retail banking business — equipment expense mean?
This metric tracks the costs related to the maintenance, leasing, and operation of equipment necessary for retail banking activities, such as ATMs, teller machines, and office technology. It provides insight into the capital intensity of the branch network.

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