Bank of Hawaii(BOH)
Search documents
Bank of Hawaii(BOH) - 2024 Q3 - Earnings Call Transcript
2024-10-28 21:35
Bank of Hawaii Corporation (NYSE:BOH) Q3 2024 Earnings Call Transcript October 28, 2024 2:00 PM ET Company Participants Chang Park - SVP, IR Director Peter Ho - Chairman and CEO Bradley Shairson - CRO Dean Shigemura - CFO James Polk - President and Chief Banking Officer Conference Call Participants Jeff Rulis - D. A. Davidson Jared Shaw - Barclays Andrew Liesch - Piper Sandler Kelly Motta - KBW Operator Good day and thank you for standing by. Welcome to the Bank of Hawaii Corporation Third Quarter 2024 Earn ...
Bank of Hawaii(BOH) - 2024 Q3 - Earnings Call Presentation
2024-10-28 20:49
Bank of Hawai'i Corporation third quarter 2024 financial report October 28, 2024 disclosure Corporation 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 ...
Bank of Hawaii(BOH) - 2024 Q3 - Quarterly Results
2024-10-28 17:30
Exhibit 99.1 https://files.reportify.cc/media/production/BOH07df931c9ce9afe6a837c84029a32bbe.jpg Bank of Hawai'i Corporation Third Quarter 2024 Financial Results • Diluted Earnings Per Common Share $0.93 • Total Assets $23.8 Billion and Total Deposits $21.0 Billion at Quarter End • Net Income $40.4 Million • Net Interest Margin 2.18% • Board of Directors Declares Dividend of $0.70 Per Common Share FOR IMMEDIATE RELEASE HONOLULU, HI (October 28, 2024) -- Bank of Hawai'i Corporation (NYSE: BOH) today reported ...
Bank of Hawaii Q3 Earnings: Notable Improvements
Seeking Alpha· 2024-10-28 16:32
Group 1 - The Bank of Hawaii Corporation (NYSE: BOH) was downgraded to a hold rating after previously being rated as a buy in October 2023 [1] - Since the downgrade, the stock has shown minimal movement [1] Group 2 - There is a promotional sale offering a significant discount on membership fees, with potential savings of 75% compared to the regular price of $1,668 [2] - The sale is limited and will end once three more members sign up [2] - A money-back guarantee is offered to ensure customer satisfaction [2]
Here's What Key Metrics Tell Us About Bank of Hawaii (BOH) Q3 Earnings
ZACKS· 2024-10-28 14:31
Core Insights - Bank of Hawaii (BOH) reported a revenue of $162.73 million for Q3 2024, reflecting a year-over-year decline of 5% and an EPS of $0.93 compared to $1.17 a year ago, with a revenue surprise of +1.52% over the Zacks Consensus Estimate of $160.29 million and an EPS surprise of +14.81% over the consensus estimate of $0.81 [1] Financial Performance Metrics - Efficiency Ratio was reported at 65.8%, better than the estimated 67.4% by analysts [3] - Net Interest Margin matched the analyst estimate at 2.2% [3] - Net charge-offs to average loans were 0.1%, consistent with analyst estimates [3] - Average Balance of Total interest-earning assets was $21.76 billion, slightly above the estimate of $21.69 billion [3] - Total Non-Accrual Loans and Leases were $17.11 million, exceeding the estimate of $12.92 million [3] - Total Non-Performing Assets were $19.78 million, higher than the estimated $15.32 million [3] - Net Interest Income (FTE) was $118.70 million, surpassing the estimate of $117.35 million [3] - Annuity and Insurance revenue was $1.46 million, above the estimate of $1.17 million [3] - Bank-Owned Life Insurance revenue was $3.53 million, compared to the estimate of $3.28 million [3] - Trust and Asset Management revenue was $11.92 million, exceeding the estimate of $11.70 million [3] - Mortgage Banking revenue was $1.19 million, above the estimate of $1 million [3] - Net Interest Income was reported at $117.62 million, slightly above the estimate of $116.65 million [3] Stock Performance - Shares of Bank of Hawaii have returned +5.8% over the past month, outperforming the Zacks S&P 500 composite's +2% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Bank of Hawaii (BOH) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-28 12:55
Bank of Hawaii (BOH) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.81%. A quarter ago, it was expected that this bank holding company would post earnings of $0.85 per share when it actually produced earnings of $0.86, delivering a surprise of 1.18%. Over the last four quarters, ...
Stay Ahead of the Game With Bank of Hawaii (BOH) Q3 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2024-10-23 14:21
In its upcoming report, Bank of Hawaii (BOH) is predicted by Wall Street analysts to post quarterly earnings of $0.81 per share, reflecting a decline of 30.8% compared to the same period last year. Revenues are forecasted to be $160.31 million, representing a year-over-year decrease of 6.4%.The consensus EPS estimate for the quarter has undergone a downward revision of 1.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their ini ...
Why Is Bank of Hawaii (BOH) Down 6.3% Since Last Earnings Report?
ZACKS· 2024-08-21 16:30
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's Earnings Growth Could Be Challenging, Says Bearish Analyst
Benzinga· 2024-08-12 18:40
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 ...
Bank of Hawaii: Upside Limited, Take Profit (Rating Downgrade)
Seeking Alpha· 2024-07-23 17:03
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 ...