Bank of Hawaii Co. (NYSE:BOH) Expected to Post Earnings of $1.39 Per Share

Analysts expect Bank of Hawaii Co. (NYSE:BOH) to post earnings of $1.39 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Bank of Hawaii’s earnings. The highest EPS estimate is $1.50 and the lowest is $1.32. Bank of Hawaii posted earnings of $1.06 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 31.1%. The firm is expected to announce its next quarterly earnings report on Monday, January 24th.

On average, analysts expect that Bank of Hawaii will report full-year earnings of $6.11 per share for the current financial year, with EPS estimates ranging from $6.02 to $6.20. For the next fiscal year, analysts forecast that the business will post earnings of $5.23 per share, with EPS estimates ranging from $5.15 to $5.35. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Bank of Hawaii.

Bank of Hawaii (NYSE:BOH) last posted its quarterly earnings data on Sunday, October 24th. The bank reported $1.52 EPS for the quarter, beating the consensus estimate of $1.33 by $0.19. Bank of Hawaii had a return on equity of 16.69% and a net margin of 33.28%. The business had revenue of $168.20 million for the quarter, compared to the consensus estimate of $167.36 million. During the same quarter in the prior year, the business earned $0.95 earnings per share.

Separately, Jefferies Financial Group dropped their target price on Bank of Hawaii from $87.00 to $84.00 and set a “hold” rating on the stock in a research report on Monday, October 11th.

Bank of Hawaii stock traded down $0.64 during trading on Thursday, hitting $86.77. The stock had a trading volume of 72,966 shares, compared to its average volume of 217,104. Bank of Hawaii has a 1 year low of $74.76 and a 1 year high of $99.10. The stock’s 50 day moving average is $84.27 and its two-hundred day moving average is $85.04. The stock has a market cap of $3.49 billion, a price-to-earnings ratio of 15.06, a price-to-earnings-growth ratio of 1.74 and a beta of 1.24.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 14th. Shareholders of record on Tuesday, November 30th will be given a dividend of $0.70 per share. The ex-dividend date is Monday, November 29th. This represents a $2.80 annualized dividend and a dividend yield of 3.23%. Bank of Hawaii’s dividend payout ratio is currently 48.61%.

In other news, Vice Chairman Sharon M. Crofts sold 2,642 shares of the company’s stock in a transaction on Thursday, October 28th. The shares were sold at an average price of $84.44, for a total value of $223,090.48. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Dean Y. Shigemura sold 5,834 shares of the company’s stock in a transaction on Monday, August 30th. The stock was sold at an average price of $84.79, for a total transaction of $494,664.86. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 41,809 shares of company stock worth $3,417,489. Company insiders own 2.02% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. West Branch Capital LLC bought a new position in Bank of Hawaii in the second quarter valued at $25,000. Pflug Koory LLC bought a new position in Bank of Hawaii in the second quarter valued at $42,000. Advisory Services Network LLC bought a new position in Bank of Hawaii in the second quarter valued at $46,000. Eagle Bay Advisors LLC increased its stake in Bank of Hawaii by 59,200.0% in the third quarter. Eagle Bay Advisors LLC now owns 593 shares of the bank’s stock valued at $49,000 after acquiring an additional 592 shares during the last quarter. Finally, Dark Forest Capital Management LP bought a new position in Bank of Hawaii in the second quarter valued at $101,000. 72.11% of the stock is currently owned by institutional investors and hedge funds.

About Bank of Hawaii

Bank of Hawaii Corp. operates as a bank holding company, which engages in the provision of financial services. It operates through the following segments: Retail Banking, Commercial Banking, Investment Services and Private Banking, and Treasury and Other. The Retail Banking segment offers financial products and services to consumers and small businesses.

See Also: What is FinTech?

Get a free copy of the Zacks research report on Bank of Hawaii (BOH)

For more information about research offerings from Zacks Investment Research, visit

Earnings History and Estimates for Bank of Hawaii (NYSE:BOH)

Receive News & Ratings for Bank of Hawaii Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Hawaii and related companies with's FREE daily email newsletter.