Zacks Research Comments on Bank of Hawaii Co.’s FY2025 Earnings (NYSE:BOH)

Bank of Hawaii Co. (NYSE:BOH) – Zacks Research boosted their FY2025 EPS estimates for shares of Bank of Hawaii in a research report issued on Tuesday, September 24th. Zacks Research analyst R. Department now forecasts that the bank will post earnings per share of $3.53 for the year, up from their previous estimate of $3.52. The consensus estimate for Bank of Hawaii’s current full-year earnings is $3.45 per share.

Bank of Hawaii (NYSE:BOH) last released its earnings results on Monday, July 22nd. The bank reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.04). The business had revenue of $255.62 million during the quarter, compared to analysts’ expectations of $157.12 million. Bank of Hawaii had a return on equity of 12.25% and a net margin of 14.54%. During the same quarter in the previous year, the business earned $1.12 EPS.

Several other research firms also recently commented on BOH. DA Davidson raised their price objective on Bank of Hawaii from $63.00 to $70.00 and gave the stock a “neutral” rating in a report on Monday, July 29th. Piper Sandler downgraded Bank of Hawaii from a “neutral” rating to an “underweight” rating and decreased their price objective for the company from $70.00 to $61.00 in a report on Monday, August 12th. Keefe, Bruyette & Woods increased their target price on shares of Bank of Hawaii from $58.00 to $60.00 and gave the stock an “underperform” rating in a report on Tuesday, July 23rd. Finally, Jefferies Financial Group boosted their price target on shares of Bank of Hawaii from $53.00 to $54.00 and gave the company a “hold” rating in a report on Wednesday, July 3rd. Four equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $59.00.

Bank of Hawaii Stock Performance

Shares of NYSE:BOH opened at $62.42 on Friday. The firm’s 50 day simple moving average is $65.37 and its 200-day simple moving average is $61.11. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.71 and a current ratio of 0.71. Bank of Hawaii has a one year low of $45.56 and a one year high of $75.19. The firm has a market cap of $2.48 billion, a PE ratio of 16.09 and a beta of 1.05.

Institutional Investors Weigh In On Bank of Hawaii

A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in Bank of Hawaii by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 4,650,102 shares of the bank’s stock worth $336,946,000 after purchasing an additional 87,919 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Bank of Hawaii by 13.1% during the second quarter. Victory Capital Management Inc. now owns 1,634,909 shares of the bank’s stock worth $93,533,000 after buying an additional 189,878 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Bank of Hawaii by 14.2% during the second quarter. Dimensional Fund Advisors LP now owns 789,486 shares of the bank’s stock valued at $45,167,000 after buying an additional 98,465 shares during the last quarter. Swedbank AB increased its position in shares of Bank of Hawaii by 3.6% in the 2nd quarter. Swedbank AB now owns 725,000 shares of the bank’s stock valued at $41,477,000 after acquiring an additional 25,000 shares during the period. Finally, American Century Companies Inc. lifted its position in Bank of Hawaii by 8.7% during the 2nd quarter. American Century Companies Inc. now owns 675,615 shares of the bank’s stock worth $38,652,000 after acquiring an additional 54,078 shares during the period. Hedge funds and other institutional investors own 82.18% of the company’s stock.

Insider Transactions at Bank of Hawaii

In other Bank of Hawaii news, insider Taryn L. Salmon sold 2,364 shares of Bank of Hawaii stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $67.80, for a total value of $160,279.20. Following the transaction, the insider now directly owns 10,785 shares of the company’s stock, valued at $731,223. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.11% of the company’s stock.

Bank of Hawaii Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date was Friday, August 30th. Bank of Hawaii’s dividend payout ratio is currently 72.16%.

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.