First Hawaiian, Inc. (FRA:1HI)

First Hawaiian Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	789.52	805.94	748.05	509.82	444.49	496.52
Interest Income on Investments	172.52	174.1	175.53	153.4	104.82	86.24
Total Interest Income	962.05	980.04	923.58	663.22	549.31	582.76
Interest Paid on Deposits	307.96	335.72	258.22	49.2	13.85	35.47
Interest Paid on Borrowings	14.52	21.59	29.23	0.47	4.9	11.55
Total Interest Expense	322.48	357.31	287.45	49.67	18.75	47.03
Net Interest Income	639.57	622.74	636.13	613.55	530.56	535.73
Net Interest Income Growth (YoY)	3.79%	-2.10%	3.68%	15.64%	-0.97%	-6.57%
Trust Income	37.05	38.31	38.45	36.47	34.72	35.65
Gain (Loss) on Sale of Investments	-26.13	-26.17	0.79	-	0.1	-0.11
Other Non-Interest Income	82.31	78.18	68.04	48.22	59.01	78.22
Total Non-Interest Income	187.1	185.8	200.82	179.53	184.92	197.38
Non-Interest Income Growth (YoY)	-9.87%	-7.48%	11.86%	-2.92%	-6.31%	2.52%
Revenues Before Loan Losses	826.67	808.54	836.94	793.07	715.48	733.11
Provision for Loan Losses	21.65	14.75	26.63	1.39	-39	121.72
Revenue	805.02	793.79	810.31	791.68	754.48	611.4
Revenue Growth (YoY)	0.27%	-2.04%	2.35%	4.93%	23.40%	-18.71%
Salaries and Employee Benefits	225.27	223.68	216.15	188.83	168.08	164.19
Occupancy Expenses	18.13	18.13	19.3	19.99	17.47	16.9
Federal Deposit Insurance	14.74	19.09	32.07	9.6	8.25	8.66
Selling, General & Administrative	148.16	145.26	139.06	133.87	119.16	108.47
Other Non-Interest Expense	92.49	95.03	94.56	88.18	89.23	69.45
Total Non-Interest Expense	498.79	501.19	501.14	440.47	402.18	367.67
EBT Excluding Unusual Items	306.23	292.6	309.17	351.21	352.3	243.72
Legal Settlements	-	-	-	-	-2.1	-
Other Unusual Items	-	-	-	-	-1.2	-
Pretax Income	306.23	292.6	309.17	351.21	349	243.72
Income Tax Expense	59.75	62.47	74.19	85.53	83.26	57.97
Net Income	246.48	230.13	234.98	265.69	265.74	185.75
Net Income to Common	246.48	230.13	234.98	265.69	265.74	185.75
Net Income Growth	11.10%	-2.07%	-11.56%	-0.02%	43.06%	-34.68%
Basic Shares Outstanding	127	128	128	127	129	130
Diluted Shares Outstanding	127	128	128	128	130	130
Shares Change (YoY)	-0.53%	0.32%	-0.05%	-1.20%	-0.52%	-2.37%
EPS (Basic)	1.95	1.80	1.84	2.08	2.06	1.43
EPS (Diluted)	1.93	1.79	1.84	2.08	2.05	1.43
EPS Growth	11.02%	-2.72%	-11.54%	1.46%	43.36%	-32.86%
Dividend Per Share	1.040	1.040	1.040	1.040	1.040	1.040
Effective Tax Rate	19.51%	21.35%	24.00%	24.35%	23.86%	23.79%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.