First Hawaiian (FHB) Tax Rate (2015 - 2026)

First Hawaiian's Tax Rate history runs 12 years deep, the most recent figure standing at 22.5% for Q1 2026.

• In Q1 2026, Tax Rate fell 50.0% year-over-year to 22.5%; the TTM figure through Mar 2026 stood at 17.57% (down 33.0% YoY), while the FY2025 annual figure was 17.53%, down 33.0% from the prior year.
• Tax Rate came in at 22.5% for Q1 2026 at First Hawaiian, up from 7.78% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 25.04% in Q3 2022 to a low of 68.37% in Q4 2023.
• A 5-year average of 15.52% and a median of 23.2% in 2025 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate slumped 9115 bps in 2023 and surged 7149 bps in 2024, its largest moves.
• First Hawaiian's Tax Rate stood at 22.78% in 2022, then plunged by 400 bps to 68.37% in 2023, then soared by 105 bps to 3.12% in 2024, then jumped by 150 bps to 7.78% in 2025, then surged by 189 bps to 22.5% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 22.5%, 7.78%, and 23.2% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison