American Savings Bank of Hawaii (NYSE:ASBH) Issues Earnings Results

American Savings Bank of Hawaii (NYSE:ASBH) posted its earnings results on Thursday. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01, Zacks reports. The firm had revenue of $97.74 million during the quarter, compared to the consensus estimate of $97.10 million.

American Savings Bank of Hawaii Price Performance

ASBH opened at $18.41 on Friday. American Savings Bank of Hawaii has a twelve month low of $16.54 and a twelve month high of $19.98.

American Savings Bank of Hawaii Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 20th. Shareholders of record on Monday, November 9th will be paid a dividend of $0.27 per share. The ex-dividend date is Monday, November 9th.

Wall Street Analyst Weigh In

ASBH has been the subject of several recent analyst reports. Wall Street Zen raised shares of American Savings Bank of Hawaii to a “hold” rating in a research note on Saturday. Zacks Research raised American Savings Bank of Hawaii to a “hold” rating in a report on Tuesday, October 13th. Stephens assumed coverage on shares of American Savings Bank of Hawaii in a research report on Monday, October 12th. They set an “overweight” rating and a $21.00 price objective on the stock. Keefe, Bruyette & Woods started coverage on shares of American Savings Bank of Hawaii in a report on Monday, October 12th. They issued a “market perform” rating and a $19.00 target price for the company. Finally, DA Davidson started coverage on American Savings Bank of Hawaii in a report on Sunday, October 11th. They issued a “buy” rating and a $20.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $20.00.

American Savings Bank of Hawaii Company Profile

American Savings Bank of Hawaii was a Hawaii-based financial institution that provided retail and commercial banking services to individuals, families, businesses and organizations. Its offerings included deposit accounts, residential and commercial lending, consumer loans, business financing and related banking services.

The bank operated through a statewide network of branches and served customers throughout the Hawaiian Islands. It also provided mortgage banking and other financial services associated with homeownership and personal banking.

American Savings Bank of Hawaii was established in 1925 and became one of Hawaii’s longstanding banking institutions.