Bank Hawaii Corp Stock Price, News & Analysis

Bank of Hawai'i (NYSE:BOH) has announced the promotion of Bradley S. Satenberg to the position of Vice Chair and Chief Financial Officer, following the retirement of current CFO Dean Shigemura. Satenberg, who joined the bank in July 2024 as senior executive vice president, will oversee the bank's financial operations including planning, accounting, reporting, taxation, and budgeting.

To ensure continuity, former CFO Shigemura will remain with the bank as a consultant through June 2026. Satenberg brings over 30 years of financial services experience to the role, having previously served as SVP and CFO of Luther Burbank Savings, EVP and CFO of 1st Century Bancshares, and managing director and deputy CFO of Imperial Capital Bancorp.

Bank of Hawai'i (NYSE: BOH) reported strong Q1 2025 financial results with diluted earnings per share of $0.97, up from $0.85 in the previous quarter and $0.87 year-over-year. Net income reached $44.0 million, increasing 12.3% from the linked quarter and 20.9% year-over-year.

Key financial metrics include:

• Net interest income: $125.8 million (+4.7% QoQ, +10.4% YoY)
• Net interest margin: 2.32% (+13 basis points QoQ)
• Return on average common equity: 11.80%
• Total assets: $23.9 billion
• Total deposits: $21.0 billion

The Board of Directors declared a quarterly dividend of $0.70 per common share, payable on June 13, 2025. Asset quality remained strong with total non-performing assets at $17.5 million, representing 0.12% of total loans and leases.

Bank of Hawaii (NYSE: BOH) has scheduled its first quarter 2025 financial results release for Monday, April 21, 2025, before market opening. The company will host a conference call at 2:00 p.m. Eastern Time (8:00 a.m. Hawaii Time) the same day, featuring a slide presentation.

Additionally, the Board of Directors has declared quarterly dividend payments for its preferred stock series:

• Series A (BOH.PRA): $10.94 per share ($0.2735 per depositary share)
• Series B (BOH.PRB): $20.00 per share ($0.5000 per depositary share)

Bank of Hawaii (BOH) reported its Q4 and full-year 2024 financial results. Full-year net income was $150.0 million, down 12.4% from 2023, with diluted EPS of $3.46 compared to $4.14 in 2023. Q4 2024 net income was $39.2 million with EPS of $0.85.

The bank's net interest margin was 2.19% in Q4 2024, up 1 basis point from Q3. Total assets stood at $23.6 billion with total deposits of $20.6 billion at year-end. The loan portfolio reached $14.1 billion, showing a 1.1% increase from Q3 2024.

Asset quality remained strong with non-performing assets at $19.3 million (0.14% of total loans). The Board declared a quarterly dividend of $0.70 per common share. The bank's capital position remained robust with a Tier 1 Capital Ratio of 13.95% at year-end.

Bank of Hawai'i (NYSE: BOH) has announced it will release its fourth quarter 2024 financial results on Monday, January 27, 2025, before market opens. The company will hold its quarterly conference call at 1:00 p.m. Eastern Time on the same day, featuring a slide presentation accessible through their website.

Additionally, the Board of Directors has declared quarterly dividend payments for its preferred stock series: $10.94 per share ($0.2735 per depositary share) for Series A (BOH.PRA) and $20.00 per share ($0.5000 per depositary share) for Series B (BOH.PRB). Both dividends will be payable on February 3, 2025, to shareholders of record as of January 17, 2025.

Bank of Hawaii (BOH) reported Q3 2024 net income of $40.4 million, with diluted earnings per share of $0.93, up from $0.81 in Q2 but down from $1.17 year-over-year. Net interest income reached $117.6 million, increasing 2.4% quarter-over-quarter but decreasing 2.7% year-over-year. The bank's total assets stood at $23.8 billion with total deposits of $21.0 billion. Net interest margin was 2.18%, up 3 basis points from Q2. The Board declared a quarterly dividend of $0.70 per common share. Asset quality remained strong with non-performing assets at $19.8 million, representing 0.14% of total loans and leases.

Bank of Hawai'i (NYSE: BOH) has announced its plans to release third quarter 2024 financial results on Monday, October 28, 2024 before the market opens. The company will hold its quarterly conference call at 2:00 p.m. Eastern Time (8:00 a.m. Hawai'i Time) on the same day. Investors can access the live call and slide presentation through the company's website at www.boh.com.

Additionally, the Board of Directors has declared quarterly dividend payments for its preferred stock series. The Series A Preferred Stock will receive $10.94 per share ($0.2735 per depositary share), while the Series B Preferred Stock will receive $20.00 per share ($0.5000 per depositary share). Both dividends will be payable on November 1, 2024 to shareholders of record as of October 17, 2024.

Bank of Hawai'i (BOH) has become the new fund sponsor for Hawaiian Tax-Free Trust, Hawai'i's first municipal bond fund, taking over from New York-based Aquila Management BOH's Asset Management Group will continue to serve as the investment advisor, managing the fund's portfolio assets since its inception in 1985. As the new fund sponsor, BOH will provide more local leadership for this fund designed for Hawai'i residents.

The Hawaiian Tax-Free Trust invests in securities financing local infrastructure projects, such as schools, highways, airports, and water facilities. It aims to provide income exempt from both State of Hawai'i and Federal income taxes while preserving capital. This transition marks a significant shift in the fund's management, bringing it fully under local control.

Bank of Hawai'i (NYSE: BOH) reported Q2 2024 financial results with diluted earnings per common share of $0.81, down from $0.87 in Q1 2024 and $1.12 in Q2 2023. Net income was $34.1 million, a 6.3% decrease from the previous quarter and 26.0% from Q2 2023. The company faced a $2.6 million FDIC Special Assessment charge, impacting EPS by $0.05. Net interest margin increased to 2.15%, up 4 basis points from Q1. Credit quality remained strong with non-performing assets at 0.11%. The company successfully raised $165 million through a preferred stock offering, strengthening its capital position. The Board declared a dividend of $0.70 per common share.