Filing Flows › First Hawaiian (FHB) › Q2 2026
First Hawaiian (FHB) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
First Hawaiian (FHB) reported revenue of $231M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +5% from the quarter before. Operating margin was 41.2%, net earnings $73.4M (31.7% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $231M | +5% | +6% |
| Operating profit | $95.2M | +9% | +8% |
| Net earnings | $73.4M | +8% | +0.2% |
| Operating cash flow | $13.2M | -92% | -90% |
| Free cash flow | $7.7M | -95% | -94% |
What changed
Revenue was $231.3M in Q2 2026, up 6% year over year and up 5% from the previous quarter. Retail Banking was the largest line at 70% of revenue. Retail Banking added $7.1M year over year (up 5%), 52% of the total change.
Operating profit was $95.2M, a 41.2% margin (up 0.7 points year over year). Of the extra revenue versus Q2 2025, 52% reached operating profit, above the 40% margin then. Total costs grew 5% against revenue growth of 6%. Net earnings were $73.4M, roughly flat year over year. The effective tax rate was 22.9%.
Operating cash flow was $13.2M (down 90% year over year), 18% of net earnings. Non-cash charges added back $7.5M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $71.6M. Capital expenditures of $5.5M left free cash flow of $7.7M.
Questions
What was First Hawaiian's revenue in the second quarter 2026?
First Hawaiian (FHB) reported revenue of $231M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +5% from the quarter before.
Was First Hawaiian profitable in the second quarter 2026?
Operating profit was $95.2M (41.2% of revenue) and net earnings $73.4M.
Source: First Hawaiian 10-Q on SEC EDGAR.