Brokers Set Expectations for Bank of Hawaii FY2025 Earnings

Bank of Hawaii Co. (NYSE:BOH) – DA Davidson lifted their FY2025 earnings per share (EPS) estimates for Bank of Hawaii in a research note issued to investors on Thursday, December 19th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $3.79 per share for the year, up from their previous estimate of $3.70. DA Davidson has a “Neutral” rating and a $74.00 price objective on the stock. The consensus estimate for Bank of Hawaii’s current full-year earnings is $3.52 per share.

BOH has been the subject of a number of other reports. Keefe, Bruyette & Woods boosted their price objective on shares of Bank of Hawaii from $74.00 to $81.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Piper Sandler lifted 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. Stephens assumed coverage on Bank of Hawaii in a research report on Wednesday, November 27th. They issued an “overweight” rating and a $90.00 price target for the company. Finally, Barclays increased their price target on Bank of Hawaii from $56.00 to $66.00 and gave the company an “underweight” rating in a research note on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Bank of Hawaii currently has an average rating of “Hold” and an average target price of $71.83.

Bank of Hawaii Stock Performance

NYSE BOH opened at $68.21 on Friday. Bank of Hawaii has a 12-month low of $54.50 and a 12-month high of $82.70. The firm has a market cap of $2.71 billion, a P/E ratio of 20.48, a price-to-earnings-growth ratio of 4.86 and a beta of 1.03. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. The company’s 50 day moving average is $74.03 and its 200-day moving average is $66.52.

Bank of Hawaii (NYSE:BOH) last announced its quarterly earnings results on Monday, October 28th. The bank reported $0.93 earnings per share (EPS) for the quarter, topping 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 quarter in the prior year, the company earned $1.17 earnings per share.

Hedge Funds Weigh In On Bank of Hawaii

Hedge funds have recently made changes to their positions in the stock. Victory Capital Management Inc. boosted its stake in shares of Bank of Hawaii by 13.1% in the 2nd quarter. Victory Capital Management Inc. now owns 1,634,909 shares of the bank’s stock valued at $93,533,000 after buying an additional 189,878 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Bank of Hawaii in the 3rd quarter valued at about $70,960,000. State Street Corp grew its stake in Bank of Hawaii by 5.0% during the 3rd quarter. State Street Corp now owns 2,244,649 shares of the bank’s stock worth $140,897,000 after buying an additional 106,717 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Bank of Hawaii by 14.2% during the second quarter. Dimensional Fund Advisors LP now owns 789,486 shares of the bank’s stock worth $45,167,000 after buying an additional 98,465 shares during the period. Finally, American Century Companies Inc. lifted its stake in Bank of Hawaii by 8.7% in the second quarter. American Century Companies Inc. now owns 675,615 shares of the bank’s stock valued at $38,652,000 after buying an additional 54,078 shares during the last quarter. Hedge funds and other institutional investors own 82.18% of the company’s stock.

Insider Buying and Selling at Bank of Hawaii

In other news, insider Matthew Emerson sold 1,355 shares of the company’s stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $72.27, for a total value of $97,925.85. Following the transaction, the insider now owns 13,717 shares of the company’s stock, valued at $991,327.59. This represents a 8.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.47% of the company’s stock.

Bank of Hawaii Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.80 annualized dividend and a dividend yield of 4.10%. Bank of Hawaii’s dividend payout ratio (DPR) is presently 84.08%.

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.