Bank of Hawaii (NYSE:BOH – Free Report) had its target price trimmed by Piper Sandler from $85.00 to $78.00 in a research note released on Thursday morning, MarketBeat Ratings reports. The firm currently has a neutral rating on the bank’s stock.
Several other brokerages have also recently commented on BOH. Barclays dropped their price target on Bank of Hawaii from $88.00 to $85.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 28th. Benchmark reaffirmed a “hold” rating on shares of Bank of Hawaii in a research note on Tuesday, July 28th. Keefe, Bruyette & Woods dropped their target price on shares of Bank of Hawaii from $95.00 to $92.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Stephens cut shares of Bank of Hawaii from an “overweight” rating to an “equal weight” rating and set a $85.00 target price for the company. in a research report on Thursday, August 6th. Finally, DA Davidson increased their target price on shares of Bank of Hawaii from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, July 28th. Two analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Bank of Hawaii presently has a consensus rating of “Hold” and a consensus price target of $85.00.
Check Out Our Latest Stock Report on Bank of Hawaii
Bank of Hawaii Trading Up 0.8%
Bank of Hawaii (NYSE:BOH – Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The bank reported $1.47 EPS for the quarter, topping the consensus estimate of $1.46 by $0.01. The company had revenue of $196.90 million during the quarter, compared to analyst estimates of $199.51 million. Bank of Hawaii had a return on equity of 15.72% and a net margin of 21.84%.During the same period in the previous year, the business earned $1.06 EPS. On average, sell-side analysts predict that Bank of Hawaii will post 5.89 EPS for the current fiscal year.
Bank of Hawaii Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $2.80 dividend on an annualized basis and a yield of 4.0%. Bank of Hawaii’s payout ratio is 52.24%.
Insider Activity
In other Bank of Hawaii news, insider Marco Abbruzzese sold 2,441 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $81.59, for a total value of $199,161.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.97% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of BOH. BlackRock Inc. purchased a new position in Bank of Hawaii in the second quarter worth approximately $470,538,000. NFJ Investment Group LLC purchased a new stake in Bank of Hawaii in the second quarter valued at $39,758,000. Bank of New York Mellon Corp acquired a new position in shares of Bank of Hawaii in the 2nd quarter valued at $37,864,000. Deprince Race & Zollo Inc. acquired a new position in shares of Bank of Hawaii in the 1st quarter valued at $34,385,000. Finally, Bank of America Corp DE purchased a new position in shares of Bank of Hawaii during the 2nd quarter worth $28,074,000. Institutional investors and hedge funds own 82.18% of the company’s stock.
Trending Headlines about Bank of Hawaii
Here are the key news stories impacting Bank of Hawaii this week:
- Positive Sentiment: Zacks Research raised its Q3 2028 EPS estimate to $1.63 from $1.60 and its Q1 2028 forecast to $1.46 from $1.43, signaling improved longer-term earnings expectations.
- Positive Sentiment: Bank of Hawaii’s board declared quarterly dividends on its preferred stock, reinforcing the company’s ongoing capital-return commitments. The company will announce its third-quarter 2026 results before the market opens on October 26 and host a conference call the same day. Bank of Hawaii conference call and preferred dividends
- Neutral Sentiment: A valuation-focused analysis concluded that BOH’s stock appears broadly appropriate relative to its earnings, offering little indication of a major mispricing catalyst. Bank of Hawaii stock looks appropriately valued based on earnings
- Negative Sentiment: Piper Sandler lowered its price target to $78 from $85 and maintained a neutral rating. Although the revised target implies upside from the current trading level, the reduction reflects a less optimistic near-term view.
- Negative Sentiment: Zacks Research trimmed its Q3 2026 EPS forecast to $1.52 from $1.53. The estimate remains close to the broader full-year consensus of $5.89 per share, but the revision modestly weakens expectations ahead of the earnings release.
Bank of Hawaii Company Profile
Bank of Hawaii Corporation is a regional financial services company headquartered in Honolulu, Hawaii. Through its principal subsidiary, Bank of Hawaii, the company provides banking and financial services to consumers, businesses, government entities and institutional clients.
The bank offers consumer deposit accounts, residential and consumer lending, credit cards and online and mobile banking. Its business banking services include commercial lending, cash management, treasury services, commercial deposits and international banking.
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