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First Hawaiian vs International Bancshares: FHB and IBOC compared
First Hawaiian is the larger company: $230M of revenue in its latest quarter (Q3 2026) against $229M for International Bancshares (Q3 2026). International Bancshares is growing faster (+5% against +2% a year earlier). International Bancshares is more profitable, with an operating margin of 63.2% against 21.7%.
Where the money goes: FHB and IBOC
First Hawaiian (FHB) · Q3 2026
First Hawaiian, Q3 2026: revenue $230M (+2% year over year), operating margin 21.7%, net earnings $63.7M, operating cash flow $107M. The chart follows the revenue to costs, profit and cash.
International Bancshares (IBOC) · Q3 2026
International Bancshares, Q3 2026: revenue $229M (+5% year over year), operating margin 63.2%, net earnings $114M, operating cash flow $127M. The chart follows the revenue to costs, profit and cash.
| First Hawaiian (FHB) | International Bancshares (IBOC) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $230M | $229M |
| Revenue growth, Y/Y | +2% | +5% |
| Operating margin | 21.7% | 63.2% |
| Net earnings | $63.7M | $114M |
| Net margin | 27.7% | 50.0% |
| Operating cash flow | $107M | $127M |
| Free cash flow | $102M | $123M |
| Market value | $3.0B | $4.2B |
| P/E | 11.0× | 10.1× |
| Analysts’ mean target | $29.00 | $87.00 |
Where the revenue comes from
International Bancshares
- Net interest income: $174M (76%)
- Noninterest income: $54.4M (24%)
Questions
Which is bigger, First Hawaiian or International Bancshares?
First Hawaiian is the larger company: $230M of revenue in its latest quarter (Q3 2026) against $229M for International Bancshares (Q3 2026).
Is First Hawaiian or International Bancshares growing faster?
International Bancshares is growing faster (+5% against +2% a year earlier).
Which is more profitable, First Hawaiian or International Bancshares?
International Bancshares is more profitable, with an operating margin of 63.2% against 21.7%.
More: First Hawaiian earnings · how First Hawaiian makes money · International Bancshares earnings · how International Bancshares makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 2, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.