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

Bank of Hawaii (NYSE:BOH) is projected to issue its quarterly earnings data before the market opens on Monday, January 27th. Analysts expect Bank of Hawaii to post earnings of $0.87 per share and revenue of $163,363.67 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Bank of Hawaii (NYSE:BOH) last released its quarterly earnings data on Monday, October 28th. The bank reported $0.93 earnings per share 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 analysts’ expectations 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 previous year, the business posted $1.17 EPS. On average, analysts expect Bank of Hawaii to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Bank of Hawaii Stock Performance

Shares of BOH stock opened at $70.94 on Friday. 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 52 week low of $54.50 and a 52 week high of $82.70. The company’s 50 day moving average price is $73.39 and its two-hundred day moving average price is $69.08. The company has a market capitalization of $2.82 billion, a P/E ratio of 21.30 and a beta of 1.05.

Bank of Hawaii Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a dividend of $0.70 per share. The ex-dividend date was Friday, November 29th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.95%. Bank of Hawaii’s payout ratio is 84.08%.

Analyst Ratings Changes

BOH has been the subject of a number of research reports. Piper Sandler increased their target price on Bank of Hawaii from $61.00 to $66.00 and gave the stock an “underweight” rating in a report on Tuesday, October 29th. Stephens began coverage on Bank of Hawaii in a report on Wednesday, November 27th. They set an “overweight” rating and a $90.00 price objective for the company. Keefe, Bruyette & Woods boosted their target price on 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. DA Davidson raised their price target on shares of Bank of Hawaii from $65.00 to $74.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. Finally, Barclays boosted their price objective on shares of Bank of Hawaii from $56.00 to $66.00 and gave the stock an “underweight” rating in a research report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $71.83.

Insiders Place Their Bets

In other Bank of Hawaii news, insider Matthew Emerson sold 1,355 shares of the stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $72.27, for a total value of $97,925.85. Following the completion of the sale, the insider now owns 13,717 shares in the company, valued at $991,327.59. This trade represents a 8.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 2.11% 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.