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Side-by-side financial comparison of FIRST HAWAIIAN, INC. (FHB) and Federal Realty Investment Trust (FRT). Click either name above to swap in a different company.

Federal Realty Investment Trust is the larger business by last-quarter revenue ($336.0M vs $220.3M, roughly 1.5× FIRST HAWAIIAN, INC.). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 30.8%, a 7.8% gap on every dollar of revenue. Over the past eight quarters, Federal Realty Investment Trust's revenue compounded faster (6.5% CAGR vs 3.8%).

First Hawaiian, Inc. is a bank holding company headquartered in Honolulu, Hawaiʻi. Its principal subsidiary, First Hawaiian Bank, founded in 1858, is Hawaiʻi’s oldest and largest financial institution headquartered in Honolulu at the First Hawaiian Center. The bank has 57 branches throughout Hawaiʻi, three in Guam and one in Saipan. It offers banking services to consumer and commercial customers, including deposit products, lending services and wealth management, insurance, private banking an...

Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.

FHB vs FRT — Head-to-Head

Bigger by revenue
FRT
FRT
1.5× larger
FRT
$336.0M
$220.3M
FHB
Higher net margin
FRT
FRT
7.8% more per $
FRT
38.6%
30.8%
FHB
Faster 2-yr revenue CAGR
FRT
FRT
Annualised
FRT
6.5%
3.8%
FHB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FHB
FHB
FRT
FRT
Revenue
$220.3M
$336.0M
Net Profit
$67.8M
$129.7M
Gross Margin
Operating Margin
53.8%
Net Margin
30.8%
38.6%
Revenue YoY
8.7%
Net Profit YoY
14.4%
103.5%
EPS (diluted)
$0.55
$1.49

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FHB
FHB
FRT
FRT
Q1 26
$220.3M
$336.0M
Q4 25
$225.9M
$336.0M
Q3 25
$226.4M
$322.3M
Q2 25
$217.5M
$311.5M
Q1 25
$211.0M
$309.2M
Q4 24
$188.1M
$311.4M
Q3 24
$210.0M
$303.6M
Q2 24
$204.6M
$296.1M
Net Profit
FHB
FHB
FRT
FRT
Q1 26
$67.8M
$129.7M
Q4 25
$69.9M
$129.7M
Q3 25
$73.8M
$61.6M
Q2 25
$73.2M
$155.9M
Q1 25
$59.2M
$63.8M
Q4 24
$52.5M
$65.5M
Q3 24
$61.5M
$61.0M
Q2 24
$61.9M
$112.0M
Operating Margin
FHB
FHB
FRT
FRT
Q1 26
53.8%
Q4 25
41.2%
53.8%
Q3 25
42.5%
34.3%
Q2 25
40.5%
65.1%
Q1 25
36.5%
35.0%
Q4 24
34.4%
35.1%
Q3 24
36.4%
34.9%
Q2 24
39.5%
53.0%
Net Margin
FHB
FHB
FRT
FRT
Q1 26
30.8%
38.6%
Q4 25
31.0%
38.6%
Q3 25
32.6%
19.1%
Q2 25
33.7%
50.0%
Q1 25
28.1%
20.6%
Q4 24
27.9%
21.0%
Q3 24
29.3%
20.1%
Q2 24
30.3%
37.8%
EPS (diluted)
FHB
FHB
FRT
FRT
Q1 26
$0.55
$1.49
Q4 25
$0.56
$1.49
Q3 25
$0.59
$0.69
Q2 25
$0.58
$1.78
Q1 25
$0.47
$0.72
Q4 24
$0.41
$0.74
Q3 24
$0.48
$0.70
Q2 24
$0.48
$1.32

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FHB
FHB
FRT
FRT
Cash + ST InvestmentsLiquidity on hand
$107.4M
Total DebtLower is stronger
$0
$5.0B
Stockholders' EquityBook value
$2.8B
$3.2B
Total Assets
$24.3B
$9.1B
Debt / EquityLower = less leverage
0.00×
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FHB
FHB
FRT
FRT
Q1 26
$107.4M
Q4 25
$107.4M
Q3 25
$111.3M
Q2 25
$177.0M
Q1 25
$109.2M
Q4 24
$123.4M
Q3 24
$97.0M
Q2 24
$103.2M
Total Debt
FHB
FHB
FRT
FRT
Q1 26
$0
$5.0B
Q4 25
$5.0B
Q3 25
Q2 25
Q1 25
Q4 24
$4.5B
Q3 24
Q2 24
Stockholders' Equity
FHB
FHB
FRT
FRT
Q1 26
$2.8B
$3.2B
Q4 25
$2.8B
$3.2B
Q3 25
$2.7B
$3.2B
Q2 25
$2.7B
$3.2B
Q1 25
$2.6B
$3.2B
Q4 24
$2.6B
$3.2B
Q3 24
$2.6B
$3.1B
Q2 24
$2.6B
$3.0B
Total Assets
FHB
FHB
FRT
FRT
Q1 26
$24.3B
$9.1B
Q4 25
$24.0B
$9.1B
Q3 25
$24.1B
$8.9B
Q2 25
$23.8B
$8.6B
Q1 25
$23.7B
$8.6B
Q4 24
$23.8B
$8.5B
Q3 24
$23.8B
$8.5B
Q2 24
$24.0B
$8.4B
Debt / Equity
FHB
FHB
FRT
FRT
Q1 26
0.00×
1.53×
Q4 25
1.53×
Q3 25
Q2 25
Q1 25
Q4 24
1.42×
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FHB
FHB

Net Interest Income$167.5M76%
Noninterest Income$52.8M24%

FRT
FRT

Segment breakdown not available.

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