FY2025 EPS Estimate for Bank of Hawaii Raised by Analyst

Bank of Hawaii Co. (NYSE:BOH - Free Report) - Analysts at DA Davidson boosted their FY2025 earnings per share (EPS) estimates for Bank of Hawaii in a report issued on Thursday, December 19th. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings of $3.79 per share for the year, up from their previous forecast of $3.70. DA Davidson has a "Neutral" rating and a $74.00 price target on the stock. The consensus estimate for Bank of Hawaii's current full-year earnings is $3.52 per share.

Bank of Hawaii (NYSE:BOH - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The bank reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.11. The business had revenue of $265.76 million for the quarter, compared to analyst estimates of $160.29 million. Bank of Hawaii had a return on equity of 11.33% and a net margin of 13.76%. During the same period in the prior year, the company posted $1.17 EPS.

Other equities research analysts have also issued reports about the company. Keefe, Bruyette & Woods increased their target price on Bank of Hawaii from $74.00 to $81.00 and gave the stock a "market perform" rating in a research report on Wednesday, December 4th. Barclays lifted their price objective on shares of Bank of Hawaii from $56.00 to $66.00 and gave the company an "underweight" rating in a research report on Thursday, December 5th. Piper Sandler upped their target price on shares of Bank of Hawaii from $61.00 to $66.00 and gave the stock an "underweight" rating in a research report on Tuesday, October 29th. Finally, Stephens started coverage on Bank of Hawaii in a report on Wednesday, November 27th. They set an "overweight" rating and a $90.00 price target on the stock. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $71.83.

Bank of Hawaii Stock Performance

Shares of NYSE:BOH traded up $1.24 on Friday, reaching $69.45. 922,720 shares of the company's stock were exchanged, compared to its average volume of 326,111. The business's 50-day moving average is $74.03 and its two-hundred day moving average is $66.52. 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 $2.76 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 4.86 and a beta of 1.03.

Bank of Hawaii Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 4.03%. The ex-dividend date was Friday, November 29th. Bank of Hawaii's payout ratio is currently 84.08%.

Insider Activity

In other news, insider Matthew Emerson sold 1,355 shares of the firm's stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $72.27, for a total transaction of $97,925.85. Following the completion of the transaction, the insider now owns 13,717 shares in the company, valued at approximately $991,327.59. This trade represents a 8.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 2.47% of the stock is owned by insiders.

Institutional Trading of Bank of Hawaii

Several institutional investors and hedge funds have recently added to or reduced their stakes in BOH. Geode Capital Management LLC raised its position in shares of Bank of Hawaii by 1.2% during the third quarter. Geode Capital Management LLC now owns 908,303 shares of the bank's stock worth $57,025,000 after purchasing an additional 10,357 shares during the period. Barclays PLC increased its stake in Bank of Hawaii by 91.2% in the 3rd quarter. Barclays PLC now owns 93,504 shares of the bank's stock worth $5,870,000 after purchasing an additional 44,599 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Bank of Hawaii during the 3rd quarter worth about $365,000. State Street Corp lifted its stake in 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 buying an additional 106,717 shares in the last quarter. Finally, Stifel Financial Corp lifted its stake in Bank of Hawaii by 1.2% during the third quarter. Stifel Financial Corp now owns 68,757 shares of the bank's stock valued at $4,316,000 after buying an additional 788 shares in the last quarter. 82.18% of the stock is owned by institutional investors and hedge funds.

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.