Filing Flows › First Hawaiian (FHB) › Q2 2026 › vs Q2 2025
First Hawaiian (FHB) Q2 2026 vs Q2 2025 (year over year)
First Hawaiian's revenue rose $13.7M (+6%) from $218M in Q2 2025 to $231M in Q2 2026. The biggest changes: Retail Banking +$7.1M (+5%); Commercial Banking +$4.9M (+8%); Corporate/Other +$1.7M (+162%). Operating margin 41.2% against 40.5% (+0.7 pts).
First Hawaiian, Q2 2026: revenue $231M (+6% year over year), operating margin 41.2%, net earnings $73.4M, operating cash flow $13.2M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 41.2% | 40.5% | +0.7 pts |
| Net margin | 31.7% | 33.7% | -1.9 pts |
| Free cash flow margin | 3.3% | 57.5% | -54.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Retail Banking | $162M | $155M | $7.1M | +5% |
| Commercial Banking | $66.6M | $61.7M | $4.9M | +8% |
| Corporate/Other | $2.8M | $1.1M | $1.7M | +162% |
| Revenue | $231M | $218M | $13.7M | +6% |
| Operating profit | $95.2M | $88.1M | $7.1M | +8% |
| Costs & expenses | $136M | $129M | $6.6M | +5% |
| Pre-tax earnings | $95.2M | $88.1M | $7.1M | +8% |
| Sales & marketing | $2.2M | $2.0M | $143K | +7% |
| Other operating costs | $134M | $127M | $6.5M | +5% |
| Net earnings | $73.4M | $73.2M | $128K | +0.2% |
| Income tax | $21.9M | $14.9M | $7.0M | +47% |
| Depreciation & amortization | $7.5M | $9.4M | −$1.9M | -20% |
| Share-based compensation | $4.0M | $3.5M | $427K | +12% |
| Working capital & other | $71.6M | −$50.2M | $122M | — |
| Operating cash flow | $13.2M | $136M | −$123M | -90% |
| Free cash flow (OCF − capex) | $7.7M | $125M | −$117M | -94% |
| Capital expenditures | $5.5M | $11.2M | −$5.7M | -51% |
Questions
How much did First Hawaiian's revenue grow year over year in Q2 2026?
First Hawaiian's revenue rose $13.7M (+6%) from $218M in Q2 2025 to $231M in Q2 2026.
What drove First Hawaiian's revenue change in Q2 2026?
Retail Banking +$7.1M (+5%); Commercial Banking +$4.9M (+8%); Corporate/Other +$1.7M (+162%).