Bank of Hawaii (BOH) Expected to Announce Quarterly Earnings on Monday

Bank of Hawaii (NYSE:BOH - Get Free Report) is expected to be announcing its earnings results before the market opens on Monday, April 21st. Analysts expect the company to announce earnings of $0.89 per share and revenue of $168.65 million for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Bank of Hawaii (NYSE:BOH - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The bank reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.02). Bank of Hawaii had a return on equity of 11.81% and a net margin of 14.47%. On average, analysts expect Bank of Hawaii to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Bank of Hawaii Stock Performance

Shares of NYSE:BOH traded up $1.26 on Tuesday, reaching $63.36. 353,836 shares of the company's stock were exchanged, compared to its average volume of 364,031. The business's 50-day moving average is $68.51 and its two-hundred day moving average is $70.82. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. Bank of Hawaii has a fifty-two week low of $54.50 and a fifty-two week high of $82.70. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 18.31 and a beta of 0.87.

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Bank of Hawaii Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $0.70 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.80 dividend on an annualized basis and a yield of 4.42%. Bank of Hawaii's dividend payout ratio is currently 80.92%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on BOH shares. Piper Sandler upped their price objective on Bank of Hawaii from $66.00 to $68.00 and gave the stock an "underweight" rating in a research note on Tuesday, January 28th. Barclays dropped their price target on shares of Bank of Hawaii from $66.00 to $64.00 and set an "underweight" rating on the stock in a research note on Tuesday, April 8th. Finally, DA Davidson increased their price objective on Bank of Hawaii from $75.00 to $79.00 and gave the stock a "neutral" rating in a report on Tuesday, January 28th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, Bank of Hawaii currently has an average rating of "Hold" and an average target price of $72.67.

Insider Activity at Bank of Hawaii

In other Bank of Hawaii news, insider Taryn L. Salmon sold 449 shares of Bank of Hawaii stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $74.97, for a total value of $33,661.53. Following the transaction, the insider now owns 9,880 shares in the company, valued at approximately $740,703.60. The trade was a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Patrick M. Mcguirk sold 2,000 shares of the firm's stock in a transaction on Friday, January 31st. The stock was sold at an average price of $75.08, for a total value of $150,160.00. Following the sale, the chief accounting officer now directly owns 9,173 shares of the company's stock, valued at approximately $688,708.84. This represents a 17.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.07% 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.