FY2025 EPS Estimate for Bank of Hawaii Boosted by Analyst

Bank of Hawaii Corporation (NYSE:BOH) – DA Davidson lifted their FY2025 earnings per share (EPS) estimates for Bank of Hawaii in a research report issued on Tuesday, July 29th. DA Davidson analyst J. Rulis now expects that the bank will post earnings per share of $4.55 for the year, up from their prior forecast of $4.50. The consensus estimate for Bank of Hawaii’s current full-year earnings is $3.97 per share.

Bank of Hawaii (NYSE:BOH) last released its quarterly earnings results on Monday, July 28th. The bank reported $1.06 EPS for the quarter, beating the consensus estimate of $1.04 by $0.02. The business had revenue of $174.48 million for the quarter, compared to the consensus estimate of $177.82 million. Bank of Hawaii had a net margin of 16.30% and a return on equity of 12.67%. During the same period in the prior year, the company posted $0.81 earnings per share.

Several other equities analysts have also recently commented on BOH. Stephens dropped their target price on shares of Bank of Hawaii from $78.00 to $76.00 and set an “overweight” rating for the company in a research report on Tuesday. Barclays upped their price objective on Bank of Hawaii from $67.00 to $68.00 and gave the company an “underweight” rating in a research note on Tuesday, July 8th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $74.40.

Bank of Hawaii Price Performance

Bank of Hawaii stock opened at $62.58 on Wednesday. The stock’s fifty day moving average price is $67.27 and its two-hundred day moving average price is $68.46. The firm has a market cap of $2.49 billion, a PE ratio of 16.42, a price-to-earnings-growth ratio of 1.02 and a beta of 0.77. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.70 and a quick ratio of 0.71. Bank of Hawaii has a one year low of $57.44 and a one year high of $82.70.

Bank of Hawaii Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be given a dividend of $0.70 per share. The ex-dividend date is Friday, August 29th. This represents a $2.80 dividend on an annualized basis and a yield of 4.47%. Bank of Hawaii’s dividend payout ratio (DPR) is currently 78.65%.

Institutional Investors Weigh In On Bank of Hawaii

Large investors have recently added to or reduced their stakes in the business. CWM LLC lifted its position in shares of Bank of Hawaii by 28.5% during the 2nd quarter. CWM LLC now owns 2,111 shares of the bank’s stock valued at $143,000 after acquiring an additional 468 shares during the period. Callan Family Office LLC bought a new position in shares of Bank of Hawaii during the 2nd quarter worth about $430,000. KLP Kapitalforvaltning AS grew its stake in shares of Bank of Hawaii by 10.5% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 8,400 shares of the bank’s stock valued at $567,000 after buying an additional 800 shares during the period. DAVENPORT & Co LLC increased its position in Bank of Hawaii by 11.6% in the 2nd quarter. DAVENPORT & Co LLC now owns 23,832 shares of the bank’s stock valued at $1,609,000 after buying an additional 2,477 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its stake in Bank of Hawaii by 7.4% during the 2nd quarter. State of Alaska Department of Revenue now owns 23,661 shares of the bank’s stock worth $1,597,000 after buying an additional 1,637 shares during the period. Institutional investors and hedge funds own 82.18% of the company’s stock.

About Bank of Hawaii

Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial products and services in Hawaii, Guam, and other Pacific Islands. It operates in three segments: Consumer Banking, Commercial Banking, and Treasury and Other. The Consumer Banking segment offers checking, savings, and time deposit accounts; residential mortgage loans, home equity lines of credit, automobile loans and leases, overdraft lines of credit, installment loans, small business loans and leases, and credit cards; private and international client banking, investment, credit, and trust services to individuals and families, as well as high-net-worth individuals; investment management; institutional investment advisory services to corporations, government entities, and foundations; and brokerage offerings, including equities, mutual funds, life insurance, and annuity products.