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 Hawai‘i Corporation (NYSE: BOH) is a regional financial services company serving businesses, consumers, and governments in Hawai‘i and the West Pacific. This news page focuses on BOH stock news, highlighting the company’s public announcements, earnings updates, and other disclosures that the company releases to the market.
Recent press releases show that Bank of Hawai‘i Corporation regularly reports quarterly and annual financial results, including information on net interest income, net interest margin, noninterest income, noninterest expense, and asset quality. These earnings releases often discuss loan and deposit trends, capital ratios, and the composition of the investment securities portfolio and loan and lease portfolio.
Investors following BOH news can also track the company’s dividend declarations. The Board of Directors has repeatedly declared quarterly cash dividends on common shares, as well as quarterly dividends on Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A and Series B. Depositary shares representing these preferred series trade on the NYSE under the symbols BOH.PRA and BOH.PRB, and dividend payment details are disclosed in company press releases.
In addition to financial results and dividends, Bank of Hawai‘i Corporation issues news about corporate governance and leadership. For example, the company has announced the promotion and appointment of a new Vice Chair and Chief Financial Officer, with related responsibilities for planning, forecasting, financial reporting, regulatory reporting, taxation, and budgeting.
Visitors to this BOH news page can review a stream of such announcements, including earnings releases, conference call notices, dividend declarations, and selected leadership updates. For those monitoring BOH stock, this provides a centralized view of the company’s publicly released information over time.
Bank of Hawai‘i Corporation (NYSE: BOH) reported diluted earnings per common share of $1.14 for Q1 2023, down from $1.50 in Q4 2022 and $1.32 in Q1 2022. Net income fell 23.6% quarter-over-quarter to $46.8 million. Average deposits rose 0.4% linked quarter, but total deposits decreased 0.6% from Q4 2022. Loans increased 1.3% linked quarter, with non-performing assets down to $12.1 million. Net interest income was $136.0 million, down 3.4% from the previous quarter but up 8.5% year-over-year. The company declared a quarterly dividend of $0.70 per share. The Tier 1 Capital Ratio stood at 12.10%, slightly down from the previous quarter. Overall asset quality remains strong, but credit losses increased compared to the previous quarter.
Bank of Hawai‘i Corporation (NYSE: BOH) will release its first quarter 2023 financial results on April 24, 2023, before market opening. A quarterly conference call will take place at 2:00 p.m. Eastern Time on the same day, with a live webcast available on their website. A replay will be accessible for one year starting from 11:00 a.m. Hawai‘i Time on April 24. Additionally, the Board of Directors declared a quarterly dividend of
Bank of Hawai‘i Corporation (NYSE: BOH) reported a diluted EPS of $5.48 for 2022, down from $6.25 in 2021. Net income decreased by 10.9% to $225.8 million. For Q4 2022, diluted EPS was $1.50, up 17.2% from the previous quarter but down 4.0% year-over-year. Q4 net income totaled $61.3 million. The bank declared a dividend of $0.70 per share. Key metrics included a return on average assets of 0.98% and a return on equity of 17.83% for 2022. Total assets reached $23.6 billion, and loans and leases increased by 11.3% YoY to $13.6 billion. The Tier 1 Capital Ratio was 12.15%, down from 13.56% a year prior.
Bank of Hawai‘i Corporation (NYSE: BOH) will release its fourth quarter 2022 financial results on January 23, 2023, before the market opens. A conference call will be held at 1:00 p.m. Eastern Time on the same day, accessible via the company's investor relations website. Additionally, the Board of Directors declared a quarterly dividend of $10.94 per share for its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on February 1, 2023, to shareholders of record as of January 17, 2023.
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