Is FFBC or FHB more undervalued in 2026?

CirclFi compares First Financial Bancorp. (FFBC) and First Hawaiian, Inc. (FHB) using 13 institutional-grade valuation models. FFBC has a Quality of Company score of 8.1/10 while FHB scores 8.1/10.

Which is a better buy — FFBC or FHB?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do FFBC and FHB valuations compare?

FFBC at $30.84 and FHB at $27.11 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

FFBC vs FHB Valuation Comparison 2026 — Intrinsic Value Analysis

FFBC

Banks - Regional

First Financial Bancorp.

Quality

8.1

out of 10

Value Trap

SAFE

Price

$30.84

Last close

Models

11/13

Active

FHB

Banks - Regional

First Hawaiian, Inc.

Quality

8.1

out of 10

Value Trap

SAFE

Price

$27.11

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	FFBC Fair Value	FFBC Upside	FHB Fair Value	FHB Upside
Bayesian DCF	Intrinsic	$4.73	-84.7%	$23.43	-13.6%
Earnings Power Value	Intrinsic	$18.27	-40.8%	$35.82	+32.1%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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FFBC vs FHB — Which Stock Is More Undervalued?

FHB scores higher with a 8.1/10 quality rating vs FFBC's 8.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing First Financial Bancorp. (FFBC) and First Hawaiian, Inc. (FHB) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

FFBC currently trades at $30.84 with a QOC of 8.1/10, while FHB trades at $27.11 with a QOC of 8.1/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).