First Hawaiian vs Independent Bank
FHB and INDB side by side, both in commercial banks. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How FHB and INDB compare
Independent Bank is the larger company, worth 1.3 times as much as First Hawaiian ($4.0B against $3.0B).
On earnings, First Hawaiian is cheaper: it trades at 11.1× trailing earnings, against 12.5× for Independent Bank.
Independent Bank grew revenue faster over the last twelve months (30.9% versus 7.7% for First Hawaiian).
Independent Bank keeps more of each dollar of sales as profit, with a net margin of 32.0% compared with 30.3% at First Hawaiian.
Both pay dividends: First Hawaiian yields 4.2% and Independent Bank 3.0%.
Independent Bank scores higher on the StockData Score (15 against 14 for First Hawaiian), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | FHB | INDB |
|---|---|---|
| Size and price | ||
| Market cap | $3.0B | $4.0B |
| Share price | $24.80 | $84.47 |
| Change, 1 year | 0.08% | 21.1% |
| Change, 5 years | −9.7% | −0.31% |
| Beta (5Y) | 0.85 | 0.69 |
| Employees | 2,000 | 2,294 |
| StockData Score | ||
| Total score | 14 | 15 (better) |
| Valuation score | 5 (better) | 3 |
| Growth score | 0 | 2 (better) |
| Performance score | 2 | 4 (better) |
| Health score | 2 | 3 (better) |
| Dividend score | 5 (better) | 3 |
| Valuation | ||
| P/E | 11.1× (better) | 12.5× |
| P/S | 3.3× (better) | 3.9× |
| P/B | 1.1× (better) | 1.2× |
| P/FCF | 8.3× (better) | 11.3× |
| PEG | 5.89 | – |
| FCF yield | 12.1% (better) | 8.8% |
| Fair value | $28.07 | $87.47 |
| Margin of safety | 11.6% (better) | 3.4% |
| Growth | ||
| Revenue growth (TTM) | 7.7% | 30.9% (better) |
| Revenue growth, 5Y average | 3.7% | 12.3% (better) |
| Net income growth (TTM) | 6.2% | 81.8% (better) |
| EPS growth (TTM) | 8.8% | 64.2% (better) |
| EPS growth, 5Y average | 9.0% (better) | 4.1% |
| Profitability | ||
| Net margin | 30.3% | 32.0% (better) |
| FCF margin | 40.2% (better) | 34.6% |
| Return on equity | 9.9% (better) | 9.3% |
| Financial health | ||
| Altman Z-score | 0.19 | 0.23 (better) |
| Piotroski F-score | 7 (better) | 4 |
| Dividends and buybacks | ||
| Dividend yield | 4.2% (better) | 3.0% |
| Payout ratio | 46.8% | 36.7% |
| Years of dividend growth | 0 | 3 (better) |
| Dividend growth, 5Y average | 0.00% | – |
| Buyback yield | 1.9% | 5.8% (better) |
| Shareholder yield | 6.1% | 8.8% (better) |
| Ownership | ||
| Held by institutions | 111% | 86.0% |
| Held by insiders | 0.88% | 1.6% |
| Insider net buying, 12 months | −$1.1M (better) | −$1.4M |
| Short interest, % of float | 11.5% | 4.0% |
Go deeper
- FHB stock overview
- FHB income statement
- FHB valuation and score
- INDB stock overview
- INDB income statement
- INDB valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.