FIRST HAWAIIAN, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $880.8M | $808.5M | $836.9M | $793.1M | $715.5M | $733.1M | $765.9M | $745.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $354.2M | $292.6M | $596.6M | $400.9M | $367.7M | $290.7M | $487.0M | $437.9M |
| Operating Margin | 40.2% | 36.2% | 71.3% | 50.5% | 51.4% | 39.7% | 63.6% | 58.8% |
| Interest Expense | — | — | $287.5M | $49.7M | $18.8M | $47.0M | $105.3M | $79.7M |
| Pretax Income | $354.2M | $292.6M | $309.2M | $351.2M | $349.0M | $243.7M | $381.7M | $358.2M |
| Income Tax Expense | $78.0M | $62.5M | $74.2M | $85.5M | $83.3M | $58.0M | $97.3M | $93.8M |
| Net Income | $276.3M | $230.1M | $235.0M | $265.7M | $265.7M | $185.8M | $284.4M | $264.4M |
| Net Margin | 31.4% | 28.5% | 28.1% | 33.5% | 37.1% | 25.3% | 37.1% | 35.5% |
| EPS (Basic) | $2.21 | $1.80 | $1.84 | $2.08 | $2.06 | $1.43 | $2.14 | $1.93 |
| EPS (Diluted) | $2.20 | $1.79 | $1.84 | $2.08 | $2.05 | $1.43 | $2.13 | $1.93 |
| Shares Outstanding (Basic) | 124.8M | 127.7M | 127.6M | 127.5M | 129.0M | 129.9M | 133.1M | 136.9M |
| Shares Outstanding (Diluted) | 125.5M | 128.3M | 127.9M | 128.0M | 129.5M | 130.2M | 133.4M | 137.1M |
| Dividends Per Share | $1.04 | $1.04 | $1.04 | $1.04 | $1.04 | $1.04 | $1.04 | $0.96 |