Bank of Hawaii (BOH) Eyes Capital Raise Amid Bond Losses

According to S&P Global Market Intelligence data, the bank's leverage ratio is 7.62%, which is lower than the peer banks' average of 9.93%. Raising further funds would bring that figure closer to its peers. It most likely provides reassurance to management and the board. It does so without diluting the current shareholders of the bank's common stock. Per NYCB management, "The completion of this major equity raise demonstrates the confidence these strategic investors have expressed in the turnaround currentl ...