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

NMIH has the lower trailing P/E: FHB trades at 10.91 and NMIH at 7.81. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FHB or NMIH?

Over the past five years, NMIH grew revenue faster — FHB at a 6.01% CAGR versus NMIH at 10.07%.

Does FHB or NMIH pay a bigger dividend?

FHB pays a dividend (4.15% yield), while NMIH has no payments in the available dividend history.

Is FHB or NMIH more profitable?

NMIH runs the higher net margin — FHB at 29.18% versus NMIH at 54.12%.

How have FHB and NMIH total returns compared?

Over the past 10 years, FHB delivered 3.65% and NMIH delivered 17.83% annualized total return. Past performance doesn't predict future results.

First Hawaiian, Inc. (FHB) vs NMI Holdings, Inc. (NMIH)

A side-by-side comparison of First Hawaiian, Inc. and NMI Holdings, 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.

$3.05B

$25.10Financial ServicesDelayed quote: Oct 6, 2026, 11:55 AM EDT

NMIH

NMI Holdings, Inc.

$3.01B

$39.68Financial ServicesDelayed quote: Oct 6, 2026, 11:50 AM EDT

Total return — FHB vs NMIH

growth of $100 · dividends reinvested · last 10y

FHB +40.7% (+3.5%/yr)NMIH +424.5% (+18.0%/yr)NMIH compounded faster over this window

FHB NMIH

FHB vs NMIH: by the numbers

•FHB is the larger company ($3.05B vs $3.01B market cap).
•NMIH trades at the lower trailing earnings multiple (7.81 vs 10.91 P/E), one valuation lens rather than an overall verdict.
•NMIH converts more revenue to profit (54.12% vs 29.18% net margin).
•NMIH grew revenue faster over the past five years (10.07% vs 6.01% CAGR).
•FHB pays a dividend (4.15% yield), while NMIH has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	FHB	NMIH
P/E ratio	10.91	7.81
Forward P/E	10.65	7.53
PEG ratio	1.21	0.43
P/S ratio	3.13	4.13
P/B ratio	1.08	1.11

Profitability

Metric	FHB	NMIH
Operating margin	30.32%	69.36%
Net margin	29.18%	54.12%
ROE	10.08%	14.61%

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.

NMI Holdings, 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	NMIH
Dividend yield	4.15%	N/A
Payout ratio	45.22%	N/A

Growth (annualized)

Metric	FHB	NMIH
Revenue CAGR (5Y)	6.01%	10.07%
EPS CAGR (5Y)	9.10%	17.89%
Total return CAGR (5Y)	0.98%	11.48%

Frequently asked

Which has the lower trailing P/E, FHB or NMIH?: NMIH has the lower trailing P/E: FHB trades at 10.91 and NMIH at 7.81. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FHB or NMIH?: Over the past five years, NMIH grew revenue faster — FHB at a 6.01% CAGR versus NMIH at 10.07%.
Does FHB or NMIH pay a bigger dividend?: FHB pays a dividend (4.15% yield), while NMIH has no payments in the available dividend history.
Is FHB or NMIH more profitable?: NMIH runs the higher net margin — FHB at 29.18% versus NMIH at 54.12%.
How have FHB and NMIH total returns compared?: Over the past 10 years, FHB delivered 3.65% and NMIH delivered 17.83% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FHB analysis Full NMIH analysis Interactive comparison tool

Dig into the metrics

First Hawaiian P/E ratio NMI P/E ratio First Hawaiian dividend yield First Hawaiian ROE NMI ROE First Hawaiian operating margin NMI operating margin First Hawaiian revenue growth NMI revenue growth

First Hawaiian & NMI appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks Highest 10-Year Total Return 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.