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

Bank of Hawaii Co. (NYSE:BOH) – Equities research analysts at Zacks Research increased their FY2025 earnings per share (EPS) estimates for Bank of Hawaii in a research note issued on Tuesday, September 24th. Zacks Research analyst R. Department now forecasts that the bank will post earnings of $3.53 per share 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.

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

Bank of Hawaii Stock Performance

Shares of BOH stock opened at $62.43 on Friday. 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 52 week low of $45.56 and a 52 week high of $75.19. The company’s 50 day moving average price is $65.37 and its two-hundred day moving average price is $61.11. The company has a market capitalization of $2.48 billion, a P/E ratio of 16.09 and a beta of 1.05.

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

Bank of Hawaii Dividend Announcement

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

Insider Activity

In related news, insider Taryn L. Salmon sold 2,364 shares of Bank of Hawaii stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $67.80, for a total value of $160,279.20. Following the sale, the insider now owns 10,785 shares of the company’s stock, valued at $731,223. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.11% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Bank of Hawaii

Several hedge funds and other institutional investors have recently made changes to their positions in BOH. Quest Partners LLC bought a new stake in Bank of Hawaii during the fourth quarter worth $41,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Bank of Hawaii in the 2nd quarter valued at about $106,000. Point72 DIFC Ltd acquired a new position in shares of Bank of Hawaii during the 2nd quarter worth about $119,000. Rothschild Investment LLC bought a new stake in shares of Bank of Hawaii in the 2nd quarter valued at about $172,000. Finally, Bridges Investment Management Inc. bought a new stake in shares of Bank of Hawaii in the 2nd quarter valued at about $205,000. 82.18% of the stock is owned by institutional investors.

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.