Bank of Hawaii Corporation Common Stock (BOH)

Bank of Hawaii's stock has gained versus peers, while profitability lags. Piper Sandler analyst downgrades the stock and cuts the price target.

BOH stock results show that Bank of Hawaii met analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.

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Regulatory statistics show BOH to be sitting on a sizable pool of bonds whose value declined over 14% as a result of increasing interest rates that started in 2022. Except for those unrealized bond losses, the bank seems to be in very good health

Why Bet Against Banks Now?

Bank of Hawaii has $3 billion of cash flows from maturing loans and securities annually that it can redeploy into higher yielding assets.

BOH stock results show that Bank of Hawaii beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

U.S. stock futures were higher this morning, with the Dow futures gaining over 50 points on Thursday.

Companies Reporting Before The Bell • MainStreet Bancshares (NASDAQ:MNSB) is projected to report quarterly earnings at $0.52 per share on revenue of $17.10 million.

The Fed's 'Higher for longer' stance will continue to put the squeeze on these seven regional bank stocks,

Bank of Hawaii (BOH) reports Q4 FY23 results, with revenues at $158.07 million, slightly below estimates. The bank, however, exceeds expectations with an Adjusted EPS of $1.01, despite a 4.3% Q/Q dip in net interest income. Total deposits reach $21.1 billion, reflecting consistent growth. Noninterest income, at $42.3 million, experiences a modest Q/Q decline but maintains a positive Y/Y trajectory.

Companies Reporting Before The Bell • Bank of Hawaii (NYSE:BOH) is estimated to report quarterly earnings at $1.00 per share on revenue of $161.51 million.