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While it has largely tracked the fortunes of the wider regional banking space, Bank of Hawaii Corporation ( BOH ) has nevertheless been a decent performer of late. Shares of the Aloha State's top deposit gathererI like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Investor', and predominantly UK names on 'The UK Income I ...

Bank of Hawai'i Corporation fourth quarter 2025 financial report January 26, 2026 disclosure forward-looking statements this presentation, and other statements made by the Company in connection with it, may contain forward-looking statements concerning, among other things, forecasts of our financial results and condition, expectations for our operations and business prospects, and our assumptions used in those forecasts and expectations. we have not committed to update forward-looking statements to reflect ...

Core Insights - Bank of Hawaii continues to prioritize community service and maintains strong credit performance with a loan portfolio predominantly in Hawaii, comprising 93% of total loans [1][4] - The bank reported a solid quarter with net interest income increasing by 4.6% to $125.8 million, marking the fourth consecutive quarter of improvement [4][11] - Deposit growth was measured, with total deposits growing 7.3% to $21 billion, while credit quality remained strong with net charge-offs at 13 basis points [4][20] Financial Performance - Net interest margin expanded to 2.32%, driven by asset cash flow repricing and lower deposit rates [11][20] - Noninterest income for the first quarter totaled $44.1 million, slightly down from the previous quarter due to market volatility [16][17] - Total expenses for the first quarter were reported at $110.5 million, with a projected increase of 2% to 3% for the year [19][46] Loan Portfolio - The loan portfolio is well-diversified, with consumer loans making up 56% and commercial loans 44% [5][6] - The commercial real estate segment is stable, with a weighted average loan-to-value (LTV) ratio of 55% and no sector exceeding 7% of total loans [6][7] - Credit metrics remain stable, with criticized loans at 2.08% of total loans, primarily secured by real estate [10][20] Market Conditions - Economic conditions in Hawaii remain stable, with unemployment below the national average and a stable visitor market, although some impacts from the Maui market are noted [2][4] - The bank's exposure to tariffs is minimal, with only 4% of the loan portfolio potentially affected, primarily in service-oriented sectors [54][55] - The outlook for loan growth remains cautious but stable, with a solid commercial pipeline and increased consumer applications [34][39]

Core Insights - Bank of Hawaii reported solid performance in Q3 2024, with notable increases in net income and diluted earnings per share on a linked basis [3] - The bank's net interest income and net interest margin (NIM) expanded for the second consecutive quarter, while fee income grew and operating expenses decreased [3][10] - The bank maintains a strong credit quality with low non-performing assets and stable credit metrics [8][19] Lending Philosophy and Portfolio - The bank focuses on core markets in Hawaii and the Western Pacific, leveraging local expertise for credit decisions [1] - Approximately 60% of clients have been with the bank for over 10 years, contributing to a loan portfolio that is 93% Hawaii-based [1] - The loan growth averaged about 6.7% per annum from 2019 to 2023, but has slowed in 2024 due to high interest rates [4] Loan Composition - Consumer loans represent 57% of total loans, predominantly secured against real estate, with 85% being residential mortgages or home equity [4] - The commercial loan portfolio is $5.9 billion, with commercial real estate making up $3.9 billion, or 28% of total loans [5] - The bank's commercial real estate portfolio is well-diversified, with a weighted average loan-to-value (LTV) of 56% [5][7] Market Conditions - Visitor arrivals in Hawaii remain elevated compared to pre-pandemic levels, although Maui arrivals have decreased [2] - Oahu's residential real estate market is stable, with median sales prices increasing modestly and median days on market below 30 [2] - The industrial vacancy rate in Hawaii is at a historic low of 1.05%, while office and retail vacancy rates are stable [6] Financial Performance - Net interest income increased by $2.8 million in Q3, driven by cash flow repricing and an increase in earning assets [10] - Non-interest income totaled $45.1 million, up $3 million from the previous quarter, with improved performance across various segments [17] - The bank's net income for Q3 was $40.4 million, with earnings per common share rising to $0.93 [19] Capital and Credit Quality - The Tier 1 capital ratio increased to 14.05%, and the total capital ratio rose to 15.11% [20] - The allowance for credit losses on loans and leases ended the quarter at $147.3 million, reflecting a stable credit environment [9] - Non-performing assets increased slightly to 14 basis points, with net charge-offs remaining low at $3.8 million [8][19] Dividend and Shareholder Returns - The bank paid out $28 million in dividends to common shareholders and $3.4 million in preferred stock dividends during the quarter [21] - A dividend of $0.70 per common share was declared for Q4 2024 [21]

Financial Performance - Diluted earnings per common share for the full year 2025 was $4.63, up 33.8% from $3.46 in 2024[3] - Net income for the full year 2025 was $205.9 million, an increase of 37.3% from the previous year[3] - Net income for the twelve months ended December 31, 2025, reached $205,902,000, representing a 37.3% increase compared to $149,994,000 in the prior year[30] - Net income for Q4 2025 reached $60,935, representing a 14.8% increase from $53,345 in Q3 2025 and a 55.5% increase from $39,162 in Q4 2024[36] - Basic earnings per common share for the three months ended December 31, 2025, was $1.40, up 15.7% from $1.21 in the previous quarter and 62.8% from $0.86 year-over-year[30] - Basic earnings per common share for Q4 2025 were $1.40, compared to $1.21 in Q3 2025 and $0.86 in Q4 2024, reflecting a year-over-year increase of 62.8%[35] - Comprehensive income for the twelve months ended December 31, 2025, was $304,853, compared to $203,293 for the same period in 2024, showing a significant increase of 50%[36] Income and Revenue - Net interest income for Q4 2025 was $145.4 million, up 6.4% from the linked quarter and up 21.0% year-over-year[7] - Net interest income for the three months ended December 31, 2025, was $145,374,000, an increase of 6.2% from $136,675,000 in the previous quarter and 21% from $120,178,000 year-over-year[30] - Total noninterest income for the twelve months ended December 31, 2025, was $179,090,000, up 3.3% from $172,529,000 in the previous year[30] - Noninterest income was $44.3 million in Q4 2025, a decrease of 3.7% from the linked quarter but an increase of 2.8% year-over-year[10] - Noninterest income for Q4 2025 was $44,271, slightly down from $45,966 in Q3 2025 but up from $43,047 in Q4 2024[35] - Total interest income for the twelve months ended December 31, 2025, was $887,823, compared to $863,751 for the same period in 2024, reflecting a year-over-year increase of 2.8%[35] Assets and Deposits - Total assets as of December 31, 2025, were $24,176,364,000, an increase from $24,014,609,000 in the previous quarter[30] - Total deposits reached $21.2 billion at December 31, 2025, an increase of 0.5% from the linked quarter and 2.7% year-over-year[20] - Total deposits as of December 31, 2025, were $21,188,495,000, up from $21,080,669,000 in the previous quarter[30] - Total deposits increased to $21,188,495 thousand as of December 31, 2025, up from $21,080,669 thousand on September 30, 2025, representing a growth of 0.52%[48] - Average total deposits for the quarter ending December 31, 2025, were $20,980,199 thousand, compared to $21,068,286 thousand in the previous quarter, indicating a decrease of 0.42%[49] Capital and Ratios - The Tier 1 Capital Ratio was 14.49% at December 31, 2025, up from 14.34% at September 30, 2025[22] - The common equity tier 1 capital ratio as of December 31, 2025, was 12.13%, compared to 11.98% in the previous quarter[34] - The efficiency ratio improved to 57.75% for the three months ended December 31, 2025, compared to 61.53% in the previous quarter and 66.12% year-over-year[30] - Return on average assets increased to 1.01% in Q4 2025, up from 0.88% in Q3 2025[53] - Return on average shareholders' equity improved to 13.33% in Q4 2025, compared to 12.10% in Q3 2025[53] Loans and Credit Quality - Total loans and leases were $14.1 billion at December 31, 2025, flat compared to the same period last year[19] - The total loans and leases as of December 31, 2025, amounted to $14.082 billion, a slight increase from $14.022 billion in the previous quarter and a slight increase from $14.076 billion a year ago[47] - Non-performing assets decreased to $14,171,000 as of December 31, 2025, from $16,864,000 in the previous quarter[30] - The ratio of non-performing assets to total loans and leases was 0.10% as of December 31, 2025, unchanged from the previous quarter[50] - Total non-accrual loans and leases decreased to $13,876 thousand as of December 31, 2025, from $16,739 thousand on September 30, 2025, a decline of 17.00%[50] - The provision for credit losses for the twelve months ended December 31, 2025, was $11,500, compared to $11,150 for the same period in 2024, indicating a slight increase[35] Shareholder Actions - Share repurchases resumed in Q4 2025, with 76.5 thousand shares repurchased at a total cost of $5.0 million[23] - Cash dividends declared for common stock were $112.956 million at a rate of $2.80 per share for the year ended December 31, 2025[39] - The company repurchased common stock under its share repurchase program amounting to $5.001 million in 2025[39] - Total shareholders' equity as of December 31, 2025, was $1,851,212, up from $1,791,183 as of September 30, 2025, reflecting a growth of 3.35%[38] - Total shareholders' equity as of December 31, 2025, increased to $1.851 billion from $1.667 billion in 2024, reflecting a growth of about 11%[39]

分组1 - Bank of Hawaii (BOH) reported quarterly earnings of $1.39 per share, exceeding the Zacks Consensus Estimate of $1.25 per share, and showing an increase from $0.85 per share a year ago, resulting in an earnings surprise of +11.42% [1] - The company achieved revenues of $189.65 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 3.95%, and up from $163.23 million year-over-year [2] - Bank of Hawaii has consistently outperformed consensus EPS estimates over the last four quarters, with a favorable trend in estimate revisions leading to a Zacks Rank 2 (Buy) for the stock [6] 分组2 - The current consensus EPS estimate for the upcoming quarter is $1.26 on revenues of $187.38 million, and for the current fiscal year, it is $5.34 on revenues of $766.68 million [7] - The Banks - West industry, to which Bank of Hawaii belongs, is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Central Pacific Financial, another company in the same industry, is expected to report quarterly earnings of $0.73 per share, reflecting a year-over-year change of +4.3%, with revenues anticipated to be $75.4 million, up 29.1% from the previous year [9][10]

Bank of Hawaii Corp. (BOH) reported Monday that net income available to common shareholders for the fourth quarter surged to $55.67 million or $1.39 per share from $33.99 million or $0.85 per share in the prior-year quarter.Provision for credit losses for the quarter totalled $2.50 million, compared to $3.75 million last year.Net interest income for the quarter was $145.37 million, up 21.0 percent from $120.18 million in the year-ago quarter. Total noninterest income grew 2.8 percent to $44.27 million from ...

HONOLULU--(BUSINESS WIRE)--Bank of Hawai'i Corporation (NYSE: BOH) (the "Company†) today reported diluted earnings per common share of $4.63 for the full year of 2025, compared with $3.46 for the full year of 2024. Net income for the year was $205.9 million, up 37.3% from the previous year. The return on average common equity for the full year of 2025 was 13.29% compared with 10.85% in 2024. Diluted earnings per common share was $1.39 for the fourth quarter of 2025, compared with $1.20 during t. ...

Core Viewpoint - Bank of Hawaii (BOH) is well-positioned to continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates consistently in recent quarters [1]. Earnings Performance - For the last reported quarter, Bank of Hawaii achieved earnings of $1.2 per share, exceeding the Zacks Consensus Estimate of $1.13 per share by 6.19% [2]. - In the previous quarter, the company reported earnings of $1.06 per share against an expected $1.04 per share, resulting in a surprise of 1.92% [2]. Earnings Estimates and Predictions - Recent estimates for Bank of Hawaii have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5]. - The Zacks Earnings ESP for Bank of Hawaii is currently +2.20%, reflecting increased analyst optimism regarding its near-term earnings potential [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a high probability of another earnings beat [8]. Statistical Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced a positive surprise nearly 70% of the time, indicating a strong predictive power for earnings performance [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [7].