Zacks Research Reduces Earnings Estimates for Bank of Hawaii

Bank of Hawaii Co. (NYSE:BOH - Free Report) - Investment analysts at Zacks Research decreased their Q4 2026 earnings per share (EPS) estimates for Bank of Hawaii in a research report issued on Monday, February 17th. Zacks Research analyst R. Department now anticipates that the bank will post earnings per share of $1.13 for the quarter, down from their prior forecast of $1.15. The consensus estimate for Bank of Hawaii's current full-year earnings is $3.97 per share.

A number of other research analysts have also weighed in on BOH. DA Davidson increased their price target on Bank of Hawaii from $75.00 to $79.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 28th. Piper Sandler increased their target price on Bank of Hawaii from $66.00 to $68.00 and gave the stock an "underweight" rating in a research report on Tuesday, January 28th. Barclays lifted their price target on Bank of Hawaii from $56.00 to $66.00 and gave the company an "underweight" rating in a report on Thursday, December 5th. Keefe, Bruyette & Woods upped their price objective on shares of Bank of Hawaii from $74.00 to $81.00 and gave the company a "market perform" rating in a research note on Wednesday, December 4th. Finally, Stephens started coverage on shares of Bank of Hawaii in a research report on Wednesday, November 27th. They issued an "overweight" rating and a $90.00 target price on the stock. Three analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Bank of Hawaii has a consensus rating of "Hold" and a consensus target price of $73.00.

Bank of Hawaii Trading Down 2.4 %

NYSE BOH traded down $1.75 during mid-day trading on Thursday, reaching $70.85. 303,487 shares of the stock were exchanged, compared to its average volume of 383,847. The stock has a market capitalization of $2.82 billion, a PE ratio of 20.48 and a beta of 1.04. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.71 and a current ratio of 0.71. Bank of Hawaii has a 1-year low of $54.50 and a 1-year high of $82.70. The business's fifty day simple moving average is $71.91 and its 200 day simple moving average is $70.18.

Bank of Hawaii (NYSE:BOH - Get Free Report) last released its quarterly earnings results 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%.

Bank of Hawaii Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date is Friday, February 28th. Bank of Hawaii's payout ratio is currently 80.92%.

Insider Buying and Selling

In other Bank of Hawaii news, CAO Patrick M. Mcguirk sold 2,000 shares of the business's stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $75.08, for a total transaction of $150,160.00. Following the completion of the sale, the chief accounting officer now directly owns 9,173 shares in the company, valued at $688,708.84. The trade was a 17.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Taryn L. Salmon sold 449 shares of the stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $74.97, for a total transaction of $33,661.53. Following the completion of the sale, the insider now directly owns 9,880 shares of the company's stock, valued at $740,703.60. The trade was a 4.35 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.11% of the company's stock.

Institutional Investors Weigh In On Bank of Hawaii

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Bank of Hawaii by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 4,618,206 shares of the bank's stock valued at $329,001,000 after buying an additional 31,918 shares during the period. State Street Corp raised its stake in shares of Bank of Hawaii by 5.0% during the third quarter. State Street Corp now owns 2,244,649 shares of the bank's stock valued at $140,897,000 after purchasing an additional 106,717 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Bank of Hawaii by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,571,512 shares of the bank's stock worth $111,955,000 after purchasing an additional 60,092 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Bank of Hawaii by 1.2% in the third quarter. Geode Capital Management LLC now owns 908,303 shares of the bank's stock valued at $57,025,000 after purchasing an additional 10,357 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Bank of Hawaii by 5.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 840,574 shares of the bank's stock valued at $59,884,000 after purchasing an additional 42,719 shares during the period. Hedge funds and other institutional investors own 82.18% of the company's stock.

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.