First Hawaiian, Inc. (FHB) vs Mechanics Bank (MCHB)
A side-by-side comparison of First Hawaiian, Inc. and Mechanics Bank 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.
Total return — FHB vs MCHB
growth of $100 · dividends reinvested · last 10yFHB vs MCHB: by the numbers
- •MCHB is the larger company ($3.30B vs $3.05B market cap).
- •FHB trades at the lower trailing earnings multiple (10.90 vs 11.99 P/E), one valuation lens rather than an overall verdict.
- •FHB converts more revenue to profit (29.18% vs 26.53% net margin).
- •MCHB grew revenue faster over the past five years (21.79% vs 6.01% CAGR).
- •MCHB pays the higher dividend yield (10.43% vs 4.15%).
Metrics side by side
Valuation
| Metric | FHB | MCHB |
|---|---|---|
| P/E ratio | 10.90 | 11.99 |
| Forward P/E | 10.65 | 14.41 |
| PEG ratio | 1.21 | 0.43 |
| P/S ratio | 3.13 | 3.12 |
| P/B ratio | 1.08 | 1.23 |
Profitability
| Metric | FHB | MCHB |
|---|---|---|
| Operating margin | 30.32% | 31.51% |
| Net margin | 29.18% | 26.53% |
| ROE | 10.08% | 10.46% |
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.
Mechanics Bank: 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 | MCHB |
|---|---|---|
| Dividend yield | 4.15% | 10.43% |
| Payout ratio | 45.22% | 124.80% |
Growth (annualized)
| Metric | FHB | MCHB |
|---|---|---|
| Revenue CAGR (5Y) | 6.01% | 21.79% |
| EPS CAGR (5Y) | 9.10% | 28.37% |
| Total return CAGR (5Y) | 0.98% | -15.32% |
Frequently asked
- Which has the lower trailing P/E, FHB or MCHB?
- FHB has the lower trailing P/E: FHB trades at 10.90 and MCHB at 11.99. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FHB or MCHB?
- Over the past five years, MCHB grew revenue faster — FHB at a 6.01% CAGR versus MCHB at 21.79%.
- Does FHB or MCHB pay a bigger dividend?
- FHB yields 4.15% and MCHB yields 10.43% based on trailing dividends and the latest price.
- Is FHB or MCHB more profitable?
- FHB runs the higher net margin — FHB at 29.18% versus MCHB at 26.53%.
- How have FHB and MCHB total returns compared?
- Over the past 10 years, FHB delivered 3.65% and MCHB delivered -2.87% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
First Hawaiian & Mechanics Bank appear in these rankings
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.