Which has the lower trailing P/E, FHB or GBDC?

FHB has the lower trailing P/E: FHB trades at 10.86 and GBDC at 22.34. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FHB or GBDC?

Over the past five years, GBDC grew revenue faster — FHB at a 6.01% CAGR versus GBDC at 10.39%.

Does FHB or GBDC pay a bigger dividend?

FHB yields 4.15% and GBDC yields 11.15% based on trailing dividends and the latest price.

Is FHB or GBDC more profitable?

FHB runs the higher net margin — FHB at 29.18% versus GBDC at 20.51%.

How have FHB and GBDC total returns compared?

Over the past 10 years, FHB delivered 3.65% and GBDC delivered 5.25% annualized total return. Past performance doesn't predict future results.

First Hawaiian, Inc. (FHB) vs Golub Capital BDC, Inc. (GBDC)

A side-by-side comparison of First Hawaiian, Inc. and Golub Capital BDC, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

FHB

First Hawaiian, Inc.

$3.04B

$24.97Financial ServicesDelayed quote: Oct 6, 2026, 1:05 PM EDT

GBDC

Golub Capital BDC, Inc.

$3.20B

$12.29Financial ServicesDelayed quote: Oct 6, 2026, 1:05 PM EDT

Total return — FHB vs GBDC

growth of $100 · dividends reinvested · last 10y

FHB +40.3% (+3.4%/yr)GBDC +66.0% (+5.2%/yr)GBDC compounded faster over this window

FHB GBDC

FHB vs GBDC: by the numbers

•GBDC is the larger company ($3.20B vs $3.04B market cap).
•FHB trades at the lower trailing earnings multiple (10.86 vs 22.34 P/E), one valuation lens rather than an overall verdict.
•FHB converts more revenue to profit (29.18% vs 20.51% net margin).
•GBDC grew revenue faster over the past five years (10.39% vs 6.01% CAGR).
•GBDC pays the higher dividend yield (11.15% vs 4.15%).

Metrics side by side

Valuation

Metric	FHB	GBDC
P/E ratio	10.86	22.34
Forward P/E	10.60	9.61
PEG ratio	1.21	0.72
P/S ratio	3.11	4.47
P/B ratio	1.08	0.86

Profitability

Metric	FHB	GBDC
Gross margin	N/A	74.39%
Operating margin	30.32%	78.94%
Net margin	29.18%	20.51%
ROE	10.08%	3.96%

First Hawaiian, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	FHB	GBDC
Dividend yield	4.15%	11.15%
Payout ratio	45.22%	250.91%

Growth (annualized)

Metric	FHB	GBDC
Revenue CAGR (5Y)	6.01%	10.39%
EPS CAGR (5Y)	9.10%	30.87%
Total return CAGR (5Y)	0.98%	5.49%

Frequently asked

Which has the lower trailing P/E, FHB or GBDC?: FHB has the lower trailing P/E: FHB trades at 10.86 and GBDC at 22.34. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FHB or GBDC?: Over the past five years, GBDC grew revenue faster — FHB at a 6.01% CAGR versus GBDC at 10.39%.
Does FHB or GBDC pay a bigger dividend?: FHB yields 4.15% and GBDC yields 11.15% based on trailing dividends and the latest price.
Is FHB or GBDC more profitable?: FHB runs the higher net margin — FHB at 29.18% versus GBDC at 20.51%.
How have FHB and GBDC total returns compared?: Over the past 10 years, FHB delivered 3.65% and GBDC delivered 5.25% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FHB analysis Full GBDC analysis Interactive comparison tool

Dig into the metrics

First Hawaiian P/E ratio Golub Capital BDC P/E ratio First Hawaiian dividend yield Golub Capital BDC dividend yield First Hawaiian ROE Golub Capital BDC ROE First Hawaiian operating margin Golub Capital BDC operating margin First Hawaiian revenue growth Golub Capital BDC revenue growth

First Hawaiian & Golub Capital BDC appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.