First Hawaiian, Inc. balance sheet
At the end of fiscal 2025, First Hawaiian, Inc. had total assets of $23.96bn, total liabilities of $21.19bn and shareholders' equity of $2.77bn. It held $1.48bn in cash against $0 of debt.
Balance sheet
| Fiscal year | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1.3 | 2.7 | 1.1 | 1.0 | 1.0 | 0.7 | 1.0 | 1.3 | 0.5 | 1.7 | 1.2 | 1.5 | 1.3 |
| Goodwill | — | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
| Total assets | 18.1 | 19.4 | 19.7 | 20.5 | 20.7 | 20.2 | 22.7 | 25.0 | 24.6 | 24.9 | 23.8 | 24.0 | 23.8 |
| Short-term debt | — | 0.2 | 0.0 | — | — | 0.4 | 0.0 | — | 0.1 | 0.5 | 0.3 | 0.0 | — |
| Long-term debt | — | — | — | — | — | — | — | — | 0.0 | — | — | — | — |
| Total debt | 0.0 | 0.2 | 0.0 | 0.0 | 0.6 | 0.6 | 0.2 | 0.0 | 0.1 | 1.0 | 0.3 | 0.0 | 0.0 |
| Total liabilities | — | 16.6 | 17.2 | 18.0 | 18.2 | 17.5 | 19.9 | 22.3 | 22.3 | 22.4 | 21.2 | 21.2 | 20.9 |
| Shareholders' equity | 2.7 | 2.7 | 2.5 | 2.5 | 2.5 | 2.6 | 2.7 | 2.7 | 2.3 | 2.5 | 2.6 | 2.8 | 2.8 |
| Shares outstanding | — | 139m | 140m | 140m | 135m | 130m | 130m | 128m | 127m | 128m | 126m | 123m | 122m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
| Total assets | 23.8 | 23.7 | 23.8 | 24.1 | 24.0 | 24.3 | 23.6 | 23.8 |
| Short-term debt | 0.3 | 0.3 | 0.3 | 0.0 | 0.0 | — | — | — |
| Total debt | 0.3 | 0.3 | 0.3 | 0.0 | 0.0 | — | — | — |
| Total liabilities | 21.2 | 21.1 | 21.1 | 21.4 | 21.2 | 21.5 | 20.8 | 20.9 |
| Shareholders' equity | 2.6 | 2.6 | 2.7 | 2.7 | 2.8 | 2.8 | 2.8 | 2.8 |
| Shares outstanding | 126m | 126m | 125m | 124m | 123m | 122m | 122m | 122m |
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