Demonstrações financeiras detalhadas de First Hawaiian, Inc. (FHB): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
First Hawaiian, Inc. registou receitas de $1.17B no último exercício, com um CAGR de 5 anos de 9.0%. O lucro líquido atingiu $276.3M, com CAGR de 5 anos de 8.3%.
Margens dos últimos 12 meses: margem bruta 70.7%, margem operacional 19.4%, margem líquida 29.2%. O fluxo de caixa livre cresceu a CAGR de 11.5% em 5 anos.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $722.1M | $753.0M | $800.2M | $841.3M | $758.0M | $709.0M | $811.8M | $1.09B | $1.13B | $1.17B |
| Custo da Receita | $35.4M | $60.5M | $101.9M | $119.1M | $168.7M | -$20.2M | $51.1M | $314.1M | $372.1M | $314.8M |
| Lucro Bruto | $686.6M | $692.5M | $698.3M | $722.2M | $589.3M | $729.2M | $760.7M | $778.7M | $760.0M | $853.6M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $163.3M | $169.3M | $172.0M | $180.0M | $179.9M | $188.5M | $207.1M | $233.4M | $243.3M | $401.3M |
| Despesas Operacionais | $314.8M | $324.2M | $340.1M | $340.5M | $345.6M | $380.2M | $409.5M | $469.5M | $467.4M | $499.3M |
| Lucro Operacional | $371.8M | $368.4M | $358.2M | $381.7M | $243.7M | $349.0M | $351.2M | $309.2M | $292.6M | $354.2M |
| EBITDA | $424.0M | $430.4M | $413.1M | $449.5M | $306.8M | $400.8M | $408.0M | $351.9M | $330.6M | $387.8M |
| Despesas com Juros | $26.8M | $42.0M | $79.7M | $105.3M | $47.0M | $18.8M | $49.7M | $287.5M | $357.3M | $287.6M |
| Lucro Antes de Impostos | $371.8M | $368.4M | $358.2M | $381.7M | $243.7M | $349.0M | $351.2M | $309.2M | $292.6M | $354.2M |
| Imposto | $141.7M | $184.7M | $93.8M | $97.3M | $58.0M | $83.3M | $85.5M | $74.2M | $62.5M | $78.0M |
| Lucro Líquido | $230.2M | $183.7M | $264.4M | $284.4M | $185.8M | $265.7M | $265.7M | $235.0M | $230.1M | $276.3M |
| LPA | $1.65 | $1.32 | $1.93 | $2.14 | $1.43 | $2.06 | $2.08 | $1.84 | $1.80 | $2.21 |
| LPA Diluído | $1.65 | $1.32 | $1.93 | $2.13 | $1.43 | $2.05 | $2.08 | $1.84 | $1.79 | $2.20 |
| Ações em Circulação (Diluídas) | $139.5M | $139.7M | $137.1M | $133.4M | $130.2M | $129.5M | $128.0M | $127.9M | $128.3M | $125.5M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $290.9M | $292.4M | $282.5M | $110.4M |
| Lucro Bruto | $213.2M | $218.2M | $215.3M | $43.4M |
| Lucro Operacional | $96.1M | $93.1M | $87.5M | -$86.9M |
| EBITDA | $104.0M | $101.0M | $95.8M | -$95.4M |
| Lucro Líquido | $73.8M | $69.9M | $67.8M | $73.4M |
| LPA | $0.59 | $0.57 | $0.55 | $0.61 |
| LPA Diluído | $0.59 | $0.56 | $0.55 | $0.60 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $1.05B | $1.03B | $1.00B | $694.0M | $1.04B | $1.26B | $526.6M | $1.74B | $1.17B | $228.7M |
| Investimentos de Curto Prazo | $5.08B | $5.23B | $4.50B | $4.08B | 0 | $8.43B | $3.15B | $2.26B | $8.1M | 0 |
| Contas a Receber | $42.0M | $48.0M | $48.9M | $45.2M | $315.0M | $294.6M | $376.3M | $462.5M | $512.4M | $77.6M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $6.17B | $6.32B | $5.55B | $4.81B | $1.36B | $9.98B | $4.05B | $4.46B | $1.69B | $306.4M |
| Imobilizado | $300.8M | $289.2M | $305.0M | $316.9M | $322.4M | $318.4M | $280.4M | $281.5M | $288.5M | $303.5M |
| Ágio | $995.5M | $995.5M | $995.5M | $995.5M | $995.5M | $995.5M | $995.5M | $995.5M | $995.5M | $995.5M |
| Ativos Intangíveis | $16.8M | $13.2M | $16.2M | $12.7M | $10.7M | $8.3M | $6.6M | $5.7M | $5.1M | $4.6M |
| Ativos Totais | $19.66B | $20.55B | $20.70B | $20.17B | $22.66B | $24.99B | $24.58B | $24.93B | $23.83B | $23.96B |
| Contas a Pagar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dívida de Curto Prazo | $9.2M | 0 | 0 | $800.0M | 0 | 0 | $75.0M | $500.0M | $250.0M | 0 |
| Passivos Circulantes | $16.94B | $17.75B | $17.28B | $17.38B | $19.23B | $21.82B | $21.87B | $21.83B | $20.67B | $10.84B |
| Dívida de Longo Prazo | 0 | 0 | $600.0M | $200.0M | $200.0M | 0 | 0 | 0 | 0 | 0 |
| Passivos Totais | $17.19B | $18.02B | $18.17B | $17.53B | $19.92B | $22.34B | $22.31B | $22.44B | $21.21B | $21.19B |
| Reservas | $78.8M | $139.2M | $291.9M | $437.1M | $474.0M | $604.5M | $736.5M | $837.9M | $934.0M | $1.08B |
| Patrimônio Líquido | $2.48B | $2.53B | $2.52B | $2.64B | $2.74B | $2.66B | $2.27B | $2.49B | $2.62B | $2.77B |
| Dívida Total | $9.2M | $34000 | $600.0M | $1.00B | $200.0M | 0 | $75.0M | $500.0M | $250.0M | 0 |
| Dívida Líquida | -$6.12B | -$6.27B | -$4.90B | -$3.77B | -$840.9M | -$9.69B | -$3.60B | -$3.50B | -$928.3M | -$228.7M |
| Capital de Giro | -$10.77B | -$11.43B | -$11.73B | -$12.57B | -$17.87B | -$11.84B | -$17.81B | -$17.37B | -$18.98B | -$10.53B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $1.86B | $228.7M | $225.7M | $263.8M |
| Ativos Totais | $24.10B | $23.96B | $24.26B | $23.65B |
| Passivos Totais | $21.36B | $21.19B | $21.50B | $20.82B |
| Patrimônio Líquido | $2.73B | $2.77B | $2.77B | $2.83B |
| Dívida Total | 0 | 0 | 0 | 0 |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $230.2M | $183.7M | $264.4M | $284.4M | $185.8M | $265.7M | $265.7M | $235.0M | $230.1M | $276.3M |
| Depreciação e Amortização | $52.2M | $62.0M | $54.9M | $67.8M | $63.1M | $51.8M | $56.7M | $42.8M | $38.0M | $33.6M |
| Compensação em Ações | $4.5M | $5.3M | $6.2M | $7.8M | $10.0M | $13.1M | $10.3M | $9.6M | $11.9M | $15.9M |
| Variação Capital de Giro | -$51.4M | -$51.5M | -$15.2M | -$97.2M | -$132.5M | $102.4M | $72.0M | -$39.6M | $10.9M | -$13.5M |
| Fluxo de Caixa Operacional | $220.1M | $269.8M | $351.4M | $296.5M | $209.5M | $417.1M | $430.6M | $255.0M | $317.5M | $335.1M |
| CapEx | -$15.5M | -$10.1M | -$42.3M | -$29.4M | -$33.4M | -$20.5M | -$13.3M | -$16.0M | -$28.8M | -$31.8M |
| Aquisições | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Ações | 0 | 0 | -$131.8M | -$136.2M | -$5.0M | -$75.0M | -$9.5M | 0 | -$40.0M | -$100.3M |
| Dividendos Pagos | -$447.0M | -$124.9M | -$131.0M | -$138.2M | -$135.1M | -$134.1M | -$132.6M | -$132.6M | -$132.8M | -$131.0M |
| Fluxo de Caixa Livre | $204.6M | $259.7M | $309.1M | $267.1M | $176.1M | $396.7M | $417.3M | $239.0M | $288.7M | $303.3M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $57.1M | $104.9M | $159.7M | $13.2M |
| CapEx | -$7.6M | -$4.9M | -$4.3M | $4.3M |
| Fluxo de Caixa Livre | $49.5M | $100.0M | $155.4M | $17.5M |
| Dividendos Pagos | -$32.3M | -$32.2M | -$33.1M | -$31.7M |
| Compensação em Ações | $4.1M | $4.2M | $4.0M | $4.0M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +4.3% | +6.3% | +5.1% | -9.9% | -6.5% | +14.5% | +34.6% | +3.6% | +3.2% |
| Crescimento Lucro Líquido (anual) | | -20.2% | +43.9% | +7.6% | -34.7% | +43.1% | -0.0% | -11.6% | -2.1% | +20.0% |
| Crescimento LPA (anual) | | -20.0% | +46.2% | +10.9% | -33.2% | +44.1% | +1.0% | -11.5% | -2.2% | +22.8% |
| Variação de Ações (anual) | | +0.1% | -1.8% | -2.7% | -2.4% | -0.5% | -1.2% | -0.1% | +0.3% | -2.2% |
| Crescimento FCF (anual) | | +27.0% | +19.0% | -13.6% | -34.1% | +125.2% | +5.2% | -42.7% | +20.8% | +5.0% |
| Margem Bruta | 95.1% | 92.0% | 87.3% | 85.8% | 77.7% | 102.9% | 93.7% | 71.3% | 67.1% | 73.1% |
| Margem Operacional | 51.5% | 48.9% | 44.8% | 45.4% | 32.2% | 49.2% | 43.3% | 28.3% | 25.8% | 30.3% |
| Margem EBITDA | 58.7% | 57.2% | 51.6% | 53.4% | 40.5% | 56.5% | 50.3% | 32.2% | 29.2% | 33.2% |
| Margem Líquida | 31.9% | 24.4% | 33.0% | 33.8% | 24.5% | 37.5% | 32.7% | 21.5% | 20.3% | 23.6% |
| Margem FCF | 28.3% | 34.5% | 38.6% | 31.8% | 23.2% | 55.9% | 51.4% | 21.9% | 25.5% | 26.0% |
| Taxa Efetiva de Imposto | 38.1% | 50.1% | 26.2% | 25.5% | 23.8% | 23.9% | 24.4% | 24.0% | 21.4% | 22.0% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $1.47 | $1.86 | $2.25 | $2.00 | $1.35 | $3.06 | $3.26 | $1.87 | $2.25 | $2.42 |
| Dividendo por Ação | $3.20 | $0.89 | $0.96 | $1.04 | $1.04 | $1.04 | $1.04 | $1.04 | $1.03 | $1.04 |
| Ações em Circulação (Básicas) | $139.5M | $139.6M | $136.9M | $133.1M | $129.9M | $129.0M | $127.5M | $127.6M | $127.7M | $124.8M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Margem bruta | 70.68% |
| Margem operacional | 19.44% |
| Margem líquida | 29.18% |
Saúde financeira
| Dívida / Patrimônio | 0.00 |
| Liquidez corrente | 0.02 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 21.10 | 22.11 | 11.66 | 13.48 | 16.49 | 13.27 | 12.52 | 12.42 | 14.42 | 11.45 |
| P/VP | 1.96 | 1.61 | 1.22 | 1.45 | 1.12 | 1.33 | 1.46 | 1.17 | 1.27 | 1.14 |
| P/V | 6.73 | 5.41 | 3.85 | 4.56 | 4.04 | 4.97 | 4.09 | 2.67 | 2.93 | 2.70 |
| Margem Bruta | 95.1% | 92.0% | 87.3% | 85.8% | 77.7% | 102.9% | 93.7% | 71.3% | 67.1% | 73.1% |
| Margem Operacional | 51.5% | 48.9% | 44.8% | 45.4% | 32.2% | 49.2% | 43.3% | 28.3% | 25.8% | 30.3% |
| Margem Líquida | 31.9% | 24.4% | 33.0% | 33.8% | 24.5% | 37.5% | 32.7% | 21.5% | 20.3% | 23.6% |