Stock Data
$0.27 (0.34%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Bank of Hawaii Corp is a leading financial institution based in Honolulu, Hawaii, serving customers across Hawaii, Guam, and other Pacific Islands since 1897. It offers a wide range of banking services through its Consumer Banking, Commercial Banking, and Treasury segments. These services include personal banking, mortgages, loans for automobiles and small businesses, credit cards, and investment services for individuals and families, as well as corporate banking, commercial real estate loans, and international banking solutions for businesses and government entities. It also specializes in managing assets, liabilities, and providing foreign exchange services.
Bank of Hawaii topped earnings estimates with a $1.47 beat, but revenue fell short by 1.28% as total deposits declined in a seasonally weak quarter. The real story: net interest margin expanded for a ninth straight quarter to 2.78%, driven by repricing of maturing assets at higher yields, while credit quality remained pristine with non-performing assets at just 0.08% of loans.
751 companies report this week with AstraZeneca and Baker Hughes leading Monday's open, flipping the calendar to Q2 results.
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