FY2025 Earnings Estimate for Bank of Hawaii Co. (NYSE:BOH) Issued By Zacks Research

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

Several other research analysts have also issued reports on the company. Piper Sandler lowered Bank of Hawaii from a “neutral” rating to an “underweight” rating and dropped their price objective for the stock from $70.00 to $61.00 in a research note on Monday, August 12th. DA Davidson increased their target price on shares of Bank of Hawaii from $63.00 to $70.00 and gave the stock a “neutral” rating in a research report on Monday, July 29th. 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 research report on Wednesday, July 3rd. Finally, Keefe, Bruyette & Woods raised their price objective 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. Four investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $59.00.

Bank of Hawaii Trading Down 0.7 %

Shares of BOH opened at $62.43 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.44. The stock has a market cap of $2.48 billion, a PE ratio of 16.09 and a beta of 1.05. Bank of Hawaii has a 1 year low of $45.56 and a 1 year high of $75.19. The stock has a 50 day simple moving average of $65.37 and a 200-day simple moving average of $61.11.

Bank of Hawaii (NYSE:BOH) last posted its quarterly earnings results on Monday, July 22nd. The bank reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.04). The business had revenue of $255.62 million during the quarter, compared to analyst estimates 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 period last year, the company earned $1.12 EPS.

Bank of Hawaii Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were paid 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 presently 72.16%.

Insider Transactions at Bank of Hawaii

In related news, insider Taryn L. Salmon sold 2,364 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider now owns 10,785 shares of the company’s stock, valued at $731,223. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.11% of the stock is owned by company insiders.

Hedge Funds Weigh In On Bank of Hawaii

Several hedge funds have recently added to or reduced their stakes in BOH. Quest Partners LLC acquired a new position in Bank of Hawaii during the 4th quarter valued at about $41,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Bank of Hawaii in the second quarter valued at approximately $106,000. Point72 DIFC Ltd bought a new position in Bank of Hawaii in the second quarter valued at approximately $119,000. Rothschild Investment LLC bought a new position in Bank of Hawaii in the second quarter valued at approximately $172,000. Finally, Bridges Investment Management Inc. acquired a new stake in Bank of Hawaii during the 2nd quarter worth $205,000. Institutional investors own 82.18% of the company’s stock.

Bank of Hawaii Company Profile

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.