First Hawaiian with ticker code (FHB) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 33 and 26 with a mean TP of 29.79. Given that the stocks previous close was at 29.07 this would imply there is a potential upside of 2.5%. The 50 day moving average now sits at 28.69 while the 200 day moving average is 28.2. The market capitalisation for the company is $3,514m. You can visit the company’s website by visiting: https://www.fhb.com
The potential market cap would be $3,601m based on the market concensus.
First Hawaiian operates as a bank holding company for First Hawaiian Bank that provides a range of banking services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company accepts various deposit products, including checking and savings accounts, and time deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases, commercial lease financing, and auto dealer financing. In addition, the company offers personal installment, credit card, individual investment and financial planning, insurance protection, trust and estate, private banking, retirement planning, treasury, and merchant processing services. As of December 31, 2020, it operated 54 branches in Oahu, Maui, Hawaii, Kauai, Lanai, Guam, and Saipan. The company was formerly known as BancWest Corporation and changed its name to First Hawaiian in April 2016. The company was founded in 1858 and is headquartered in Honolulu, Hawaii. First Hawaiian is a subsidiary of BancWest Corporation.
