It has been about a month since the last earnings report for Bank of Hawaii (BOH) . Shares have lost about 6.3% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Bank of Hawaii due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Bank of Hawaii Q2 Earnings Top Estimat ...

Bank of Hawaii Corp BOH shares are down on Monday, after the company reported its second-quarter earnings. The stock outperformed the industry in recent weeks, while its profitability lags that of peers, according to Piper Sandler. Analyst Andrew Liesch downgraded the rating for Bank of Hawaii from Neutral to Underweight, while lowering the price target from $70 to $61. The Bank of Hawaii Thesis: While the bank's net interest income and margins should improve "as earning assets reprice higher," much of that ...

constantgardener/E+ via Getty Images This morning, we are downgrading the Bank of Hawaii Corporation (NYSE:BOH) to a hold. We had two recent buy calls on the stock, one in July 2023, and reiterated a buy in October 2023. The bank that serves customers in the Hawaiian Islands market, in our opinion, is facing operational pressure after a tough two-year stretch that saw not only immense pain for regional banks as a whole, but wildfire tragedies ravaging Maui. The stock is up markedly from our calls, but now w ...

Bank of Hawaii Corporation (BOH) reported second-quarter 2024 adjusted earnings per share (EPS) of 86 cents, beating the Zacks Consensus Estimate of 85 cents. The bottom line compared unfavorably with $1.12 earned in the year-ago quarter. BOH's quarterly results benefited from an increase in interest margin (NIM) driven by higher earnings asset yields. Also, lower provision acted as a tailwind. A decline in net interest income (NII), along with a drop in loans and deposit balances and higher expenses, were ...

Investment Securities Available-for-Sale For Level 3 assets and liabilities measured at fair value on a recurring or nonrecurring basis as of June 30, 2024 and December 31, 2023, the significant unobservable inputs used in the fair value measurements were as follows: Table of Contents | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------|----------|-------|------------------------------------------- ...

Conference Call Participants I will now hand the conference over to your speaker host Chang Park, Senior Vice President, Investor Relations Director. Please go ahead. And now I would like to turn the call over to Peter. Bank of Hawaii produced yet another solid financial performance for the second quarter of 2024. As was anticipated, net interest margin and net interest income advanced in the quarter for the first time in a number of quarters. Average loan and deposit levels were stable, albeit off nominall ...

FOR IMMEDIATE RELEASE Bank of Hawai'i Corporation Second Quarter 2024 Financial Results HONOLULU, HI (July 22, 2024) -- Bank of Hawai'i Corporation (NYSE: BOH) today reported diluted earnings per common share of $0.81 for the second quarter of 2024, compared with diluted earnings per common share of $0.87 in the previous quarter and $1.12 in the same quarter of 2023. An industry-wide FDIC Special Assessment resulted in a $2.6 million one-time charge in the second quarter of 2024 which negatively impacted di ...

Bank of Hawaii (BOH) reported $156.93 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 6.4%. EPS of $0.86 for the same period compares to $1.12 a year ago. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Here is how Bank of Hawaii perf ...

Bank of Hawaii (BOH) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.18%. A quarter ago, it was expected that this bank holding company would post earnings of $0.92 per share when it actually produced earnings of $0.87, delivering a surprise of -5.43%. Bank of Hawaii, which belongs ...

Bank of Hawaii (BOH) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on July 22, 2024, might help the stock move higher if these key numbers are better than expe ...