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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 210M | 2.6% |
| Gross Profit | 84M | 1.6% |
| Cost of Revenue | 126M | 3.3% |
| Operating expense | 8.8M | 4.2% |
| Net Income | 61M | 0.7% |
| EBITDA | 76M | 2104.4% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 23.8B | 0.9% |
| Total Liabilities | 21.1B | 1.4% |
| Total Equity | 2.65B | 3.8% |
| Shares Outstanding | 128M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 59M | 24.7% |
| Cash from investing | 273M | 86.9% |
| Cash from financing | -374M | 2.5% |
EPS
Financial Highlights for First Hawaiian INC in Q3 '24
First Hawaiian INC reported a revenue of 210M, which is a 2.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 84M, marking a 1.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 126M, a 3.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 8.8M, showing a -4.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 61M, showing a -0.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 76M, showing a 2104.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
First Hawaiian INC faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
