Zacks Research Raises Earnings Estimates for Bank of Hawaii

Bank of Hawaii Corporation (NYSE:BOH) – Investment analysts at Zacks Research lifted their Q3 2028 earnings estimates for Bank of Hawaii in a report issued on Tuesday, September 29th. Zacks Research analyst Team now forecasts that the bank will post earnings of $1.63 per share for the quarter, up from their previous estimate of $1.60. The consensus estimate for Bank of Hawaii’s current full-year earnings is $5.89 per share.

Bank of Hawaii (NYSE:BOH) last released its quarterly earnings results on Monday, July 27th. The bank reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.01. Bank of Hawaii had a net margin of 21.84% and a return on equity of 15.72%. The company had revenue of $196.90 million for the quarter, compared to the consensus estimate of $199.51 million. During the same quarter in the prior year, the firm earned $1.06 earnings per share.

Other research analysts also recently issued research reports about the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Bank of Hawaii in a report on Friday, July 24th. Stephens cut Bank of Hawaii from an “overweight” rating to an “equal weight” rating and set a $85.00 price objective on the stock. in a research note on Thursday, August 6th. DA Davidson upped their price objective on Bank of Hawaii from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, July 28th. Barclays decreased their price objective on Bank of Hawaii from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 28th. Finally, Piper Sandler lowered their price objective on Bank of Hawaii from $85.00 to $78.00 and set a “neutral” rating for the company in a research note on Thursday. Two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $85.00.

Bank of Hawaii Stock Performance

Bank of Hawaii stock opened at $69.28 on Friday. The company’s 50-day moving average price is $76.27 and its 200-day moving average price is $77.68. Bank of Hawaii has a twelve month low of $59.36 and a twelve month high of $86.31. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.33. The company has a market cap of $2.73 billion, a PE ratio of 12.92, a price-to-earnings-growth ratio of 0.79 and a beta of 0.72.

Institutional Trading of Bank of Hawaii

Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in Bank of Hawaii during the 2nd quarter worth $470,538,000. NFJ Investment Group LLC bought a new stake in Bank of Hawaii during the 2nd quarter valued at $39,758,000. Bank of New York Mellon Corp purchased a new stake in shares of Bank of Hawaii in the 2nd quarter worth $37,864,000. Deprince Race & Zollo Inc. purchased a new stake in shares of Bank of Hawaii in the 1st quarter worth $34,385,000. Finally, Bank of America Corp DE bought a new position in shares of Bank of Hawaii during the 2nd quarter worth $28,074,000. Institutional investors own 82.18% of the company’s stock.

Insider Buying and Selling

In other Bank of Hawaii news, insider Marco Abbruzzese sold 2,441 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $81.59, for a total value of $199,161.19. The sale was disclosed in a filing with the SEC, which is available through this link. 1.97% of the stock is owned by corporate insiders.

Bank of Hawaii Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, August 31st. Bank of Hawaii’s payout ratio is 52.24%.

Key Bank of Hawaii News

Here are the key news stories impacting Bank of Hawaii this week:

• Positive Sentiment: Zacks Research raised its Q3 2028 EPS estimate to $1.63 from $1.60 and its Q1 2028 forecast to $1.46 from $1.43, signaling improved longer-term earnings expectations.
• Positive Sentiment: Bank of Hawaii’s board declared quarterly dividends on its preferred stock, reinforcing the company’s ongoing capital-return commitments. The company will announce its third-quarter 2026 results before the market opens on October 26 and host a conference call the same day. Bank of Hawaii conference call and preferred dividends
• Neutral Sentiment: A valuation-focused analysis concluded that BOH’s stock appears broadly appropriate relative to its earnings, offering little indication of a major mispricing catalyst. Bank of Hawaii stock looks appropriately valued based on earnings
• Negative Sentiment: Piper Sandler lowered its price target to $78 from $85 and maintained a neutral rating. Although the revised target implies upside from the current trading level, the reduction reflects a less optimistic near-term view.
• Negative Sentiment: Zacks Research trimmed its Q3 2026 EPS forecast to $1.52 from $1.53. The estimate remains close to the broader full-year consensus of $5.89 per share, but the revision modestly weakens expectations ahead of the earnings release.

About Bank of Hawaii

Bank of Hawaii Corporation is a regional financial services company headquartered in Honolulu, Hawaii. Through its principal subsidiary, Bank of Hawaii, the company provides banking and financial services to consumers, businesses, government entities and institutional clients.

The bank offers consumer deposit accounts, residential and consumer lending, credit cards and online and mobile banking. Its business banking services include commercial lending, cash management, treasury services, commercial deposits and international banking.