Bank of Hawaii (BOH) Scheduled to Post Quarterly Earnings on Monday

Bank of Hawaii (NYSE:BOHGet Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, January 22nd. Analysts expect the company to announce earnings of $0.87 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Bank of Hawaii (NYSE:BOHGet Free Report) last issued its quarterly earnings results on Monday, October 23rd. The bank reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.20. Bank of Hawaii had a return on equity of 17.30% and a net margin of 21.32%. The business had revenue of $262.28 million during the quarter, compared to the consensus estimate of $159.75 million. During the same period in the previous year, the business earned $1.28 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 Trading Up 1.7 %

NYSE:BOH opened at $68.18 on Friday. Bank of Hawaii has a 12-month low of $30.83 and a 12-month high of $79.68. The firm has a market capitalization of $2.71 billion, a P/E ratio of 13.83, a P/E/G ratio of 2.25 and a beta of 1.12. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.69 and a quick ratio of 0.69. The business has a 50 day simple moving average of $65.76 and a 200 day simple moving average of $56.08.

Bank of Hawaii Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 14th. Investors of record on Thursday, November 30th were given a dividend of $0.70 per share. The ex-dividend date was Wednesday, November 29th. This represents a $2.80 dividend on an annualized basis and a yield of 4.11%. Bank of Hawaii’s dividend payout ratio is currently 56.80%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BOH. StockNews.com upgraded Bank of Hawaii to a “sell” rating in a research report on Monday, December 18th. TheStreet upgraded Bank of Hawaii from a “c+” rating to a “b-” rating in a report on Friday, December 8th. Finally, Jefferies Financial Group boosted their target price on Bank of Hawaii from $49.00 to $52.00 in a research report on Tuesday, October 10th. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. Based on data from MarketBeat, Bank of Hawaii presently has a consensus rating of “Reduce” and a consensus price target of $52.67.

Read Our Latest Stock Analysis on Bank of Hawaii

Institutional Trading of Bank of Hawaii

Several hedge funds have recently added to or reduced their stakes in the business. Bessemer Group Inc. raised its holdings in Bank of Hawaii by 160.9% in the 4th quarter. Bessemer Group Inc. now owns 647 shares of the bank’s stock valued at $50,000 after acquiring an additional 399 shares in the last quarter. Covestor Ltd grew its position in Bank of Hawaii by 72.4% during the 1st quarter. Covestor Ltd now owns 707 shares of the bank’s stock worth $59,000 after acquiring an additional 297 shares during the last quarter. Point72 Hong Kong Ltd boosted its position in Bank of Hawaii by 27.9% in the 1st quarter. Point72 Hong Kong Ltd now owns 710 shares of the bank’s stock valued at $60,000 after buying an additional 155 shares during the last quarter. Captrust Financial Advisors boosted its position in Bank of Hawaii by 91.0% in the 1st quarter. Captrust Financial Advisors now owns 938 shares of the bank’s stock valued at $79,000 after buying an additional 447 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Bank of Hawaii by 16.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,387 shares of the bank’s stock valued at $108,000 after buying an additional 194 shares during the last quarter. Institutional investors own 82.46% of the company’s stock.

Bank of Hawaii Company Profile

(Get Free Report)

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, personal 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, and 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.

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Earnings History for Bank of Hawaii (NYSE:BOH)

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