Brad Shairson: Thanks, Peter. The Bank of Hawaii prioritizes serving our community, lending in our core markets where our expertise enables us to make sound credit decisions. The majority of our loan book is to long standing relationships, but about 60% of our clients on both the commercial and consumer side, having been with us for over ten years. This combination has greatly contributed to our strong credit performance for many years and has resulted in a loan portfolio that is 93% Hawaii, 4% Western Paci ...

Bradley Shairson: Thanks, Peter. As always, I'll start off with our lending philosophy. We focus on our core markets in Hawaii and the Western Pacific. This allows us to leverage our local expertise to make sound credit decisions. Additionally, we know our clients well. The majority of our loan book is the long standing relationships where about 60% of our clients on both the commercial and consumer side have been with us for over 10 years. This combination has greatly contributed to our historically strong ...

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].

Core Points - South Plains Financial, Inc. has entered into a definitive merger agreement with BOH Holdings, Inc. [1] - The all-stock transaction is valued at approximately $106 million, with a price to tangible book value (P/TBV) of 1.4x [1] - The merger is expected to close between the first and second quarter of 2026, pending customary and shareholder approvals [1] Company Overview - South Plains Financial, Inc. is based in Lubbock, Texas, and is the parent company of City Bank [1] - BOH Holdings, Inc. is based in Houston, Texas, and is the parent company of Bank of Houston [1]

Group 1 - Bank of Hawaii Corporation (BOH) is a regional bank with a strong presence in Hawaii and the southwestern United States [1] - The bank offers common shares and two preferred shares, with previous coverage noted in May [1] - The focus of the analysis is on income investing through common shares, preferred shares, or bonds [1] Group 2 - The author has a background in history/political science and an MBA with a specialization in Finance and Economics [1] - The author has been investing since 2000 and currently serves as the CEO of an independent living retirement community in Illinois [1]

Core Insights - Bank of Hawaii (BOH) is a regional bank with a significant presence in Hawaii and the southwestern United States, offering both common and preferred shares [1] Group 1: Company Overview - Bank of Hawaii has a strong regional presence and focuses on income investing through common shares, preferred shares, or bonds [1] - The bank offers two preferred shares, which were previously covered in May [1] Group 2: Analyst Background - The analyst has a background in history/political science and holds an MBA with a specialization in Finance and Economics, indicating a strong foundation in financial analysis [1] - The analyst has been investing since 2000 and currently targets two articles per week for publication [1]