Bank of Hawaii Corporation (NYSE:BOH – Get Free Report) dropped 3.5% during trading on Monday . The stock traded as low as $80.93 and last traded at $81.00. Approximately 42,887 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 415,642 shares. The stock had previously closed at $83.97.
Key Stories Impacting Bank of Hawaii
Here are the key news stories impacting Bank of Hawaii this week:
- Positive Sentiment: Second-quarter diluted earnings per share rose to $1.47 from $1.06 a year earlier, narrowly exceeding the $1.46 analyst consensus. Net income increased 11.1% sequentially to $63.8 million, while return on average common equity improved to 15.47%. Bank of Hawai‘i Corporation Second Quarter 2026 Financial Results
- Positive Sentiment: Higher net interest income, margin expansion and loan growth supported the quarter. Analysts also highlighted 12.6% revenue growth, a ninth consecutive quarter of net-interest-margin expansion and strong asset quality, with nonperforming assets at only 0.08% of loans. Bank Of Hawaii: Resilient, But We Would Wait
- Positive Sentiment: BOH maintained its quarterly dividend of $0.70 per share, equivalent to a roughly 3.5% annualized yield at the referenced share price. The dividend signals continued capital-return capacity. Bank of Hawaii Holds Its Dividend
- Neutral Sentiment: Barclays lowered its price target from $88 to $85 and kept an “equal weight” rating. The revised target still implies potential upside, but the cut reflects a more cautious near-term view. Barclays price target update
- Negative Sentiment: Quarterly revenue of $196.9 million missed the $199.5 million consensus estimate. Lower fee income and reduced deposit balances overshadowed the EPS beat, prompting the sharp selloff. BOH Q2 Earnings Beat on Strong NII, Stock Dips on Lower Fee Income
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Bank of Hawaii in a report on Friday. Stephens upped their price target on shares of Bank of Hawaii from $82.00 to $86.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. DA Davidson increased their price target on shares of Bank of Hawaii from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Tuesday. Keefe, Bruyette & Woods lifted their price objective on shares of Bank of Hawaii from $91.00 to $95.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. Finally, Piper Sandler lowered their price objective on shares of Bank of Hawaii from $84.00 to $78.00 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $85.80.
Bank of Hawaii Stock Performance
The firm has a market cap of $3.18 billion, a price-to-earnings ratio of 14.96, a price-to-earnings-growth ratio of 0.85 and a beta of 0.70. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.33. The stock’s 50 day moving average is $80.23 and its 200 day moving average is $77.42.
Bank of Hawaii (NYSE:BOH – Get Free Report) last issued its quarterly earnings data on Monday, July 27th. The bank reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.01. The firm had revenue of $196.90 million during the quarter, compared to the consensus estimate of $199.51 million. Bank of Hawaii had a net margin of 21.84% and a return on equity of 15.72%. During the same period last year, the business posted $1.06 earnings per share. Analysts anticipate that Bank of Hawaii Corporation will post 5.89 earnings per share for the current year.
Bank of Hawaii Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a $0.70 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $2.80 annualized dividend and a dividend yield of 3.5%. Bank of Hawaii’s dividend payout ratio is presently 56.57%.
Institutional Trading of Bank of Hawaii
Hedge funds have recently added to or reduced their stakes in the company. Balyasny Asset Management L.P. boosted its stake in Bank of Hawaii by 122.3% in the 3rd quarter. Balyasny Asset Management L.P. now owns 1,012,560 shares of the bank’s stock valued at $66,464,000 after purchasing an additional 557,148 shares during the period. Deprince Race & Zollo Inc. bought a new position in Bank of Hawaii during the 1st quarter worth $34,385,000. Nuveen LLC increased its position in Bank of Hawaii by 455.6% during the 4th quarter. Nuveen LLC now owns 491,187 shares of the bank’s stock worth $33,582,000 after buying an additional 402,774 shares during the period. Bank of America Corp DE lifted its holdings in shares of Bank of Hawaii by 254.4% during the first quarter. Bank of America Corp DE now owns 360,138 shares of the bank’s stock worth $26,740,000 after buying an additional 258,508 shares in the last quarter. Finally, Verition Fund Management LLC lifted its holdings in shares of Bank of Hawaii by 1,699.7% during the third quarter. Verition Fund Management LLC now owns 265,834 shares of the bank’s stock worth $17,449,000 after buying an additional 251,063 shares in the last quarter. 82.18% of the stock is owned by institutional investors and hedge funds.
About Bank of Hawaii
Bank of Hawaii (NYSE: BOH) is a regional commercial bank headquartered in Honolulu, Hawaii, with roots tracing back to its founding in 1897 by Charles Montague Cooke and Peter Cushman Jones. As one of the oldest financial institutions in the U.S. West Coast region, the bank has built a reputation for stability and community focus. It operates as the principal subsidiary of Bank of Hawaii Corporation, a publicly traded company on the New York Stock Exchange.
The bank offers a comprehensive suite of personal and business banking products and services.
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