Welcome to our dedicated page for Bank Hawaii news (Ticker: BOH), a resource for investors and traders seeking the latest updates and insights on Bank Hawaii stock.
Bank of Hawaii Corp (BOH) delivers essential financial services across Hawaii and the Pacific Islands, combining regional expertise with diversified banking solutions. This page provides investors and stakeholders with centralized access to official company announcements and news developments.
Track critical updates including earnings reports, regulatory filings, leadership changes, and strategic initiatives. Our curated collection ensures transparency for those monitoring BOH's commercial banking activities, consumer services, and community-focused programs.
Discover press releases covering treasury operations, equipment leasing developments, and investment advisory services. Bookmark this resource for real-time insights into one of Hawaii's most established financial institutions.
Bank of Hawai'i (BOH) has announced key leadership changes. James C. Polk has been promoted to President of Bank of Hawai'i and its primary operating subsidiary. Polk, with 25 years at BOH and over 35 years in financial services, will oversee all revenue-generating businesses, including Commercial Banking, Merchant Services, Cash Management, Wealth Management, and now Retail Banking.
Additionally, Matthew K.M. Emerson has been appointed Chief Retail Banking Officer. Emerson, who joined BOH in 2010, will be responsible for Consumer Banking products, Branch Banking, and the Contact Center. Both executives will report to Peter S. Ho, who continues as Chairman and CEO.
Bank of Hawai‘i (NYSE: BOH) will release its Q2 2024 financial results on July 22, 2024, before market opens. A conference call is scheduled at 2:00 p.m. ET (8:00 a.m. HT) on the same day, accessible via the company's website. A replay will be available for one year starting approximately 11:00 a.m. HT on July 22, 2024.
The Board declared quarterly dividends of $10.94 per share for Series A Preferred Stock ($0.2735 per depositary share) and $8.89 per share for Series B Preferred Stock ($0.2223 per depositary share). Dividends will be payable on August 1, 2024, to shareholders of record as of July 18, 2024.
The Series A and B Preferred Stocks trade on NYSE under symbols “BOH.PRA” and “BOH.PRB”. Bank of Hawai‘i , founded in 1897, offers regional financial services in Hawai‘i and the West Pacific.
Bank of Hawai‘i (NYSE: BOH) announced the pricing of a public offering of 6,600,000 depositary shares, each representing 1/40th ownership in an 8.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B. This offering aims to generate gross proceeds of $165 million, with each preferred stock share having a $1,000 liquidation preference, translating to $25 per depositary share. The offering is set to close on June 21, 2024, provided customary closing conditions are met.
The net proceeds, estimated at $162 million after deducting underwriting discounts and commissions, will be used for general corporate purposes, including supporting asset growth. Joint-book running managers for the offering include BofA Securities, J.P. Morgan Securities, Keefe, Bruyette & Woods, and Wells Fargo Securities. The company will apply to list the depositary shares on the NYSE under the symbol 'BOHPrB'.
This announcement does not constitute an offer to sell or a solicitation to buy the securities, which have not been approved or disapproved by any regulatory authority.
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