American Savings Bank of Hawaii (NYSE:ASBH) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of American Savings Bank of Hawaii (NYSE:ASBH) to a hold rating in a research report report published on Saturday morning,Wall Street Zen reports.

ASBH has been the topic of several other reports. DA Davidson started coverage on shares of American Savings Bank of Hawaii in a report on Sunday, October 11th. They issued a “buy” rating and a $20.00 target price on the stock. Piper Sandler started coverage on shares of American Savings Bank of Hawaii in a report on Monday, October 12th. They set an “overweight” rating and a $20.00 price target for the company. Keefe, Bruyette & Woods initiated coverage on shares of American Savings Bank of Hawaii in a research report on Monday, October 12th. They set a “market perform” rating and a $19.00 price target on the stock. Stephens initiated 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 target on the stock. Finally, Zacks Research raised shares of American Savings Bank of Hawaii to a “hold” rating in a research note on Tuesday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $20.25.

American Savings Bank of Hawaii Stock Performance

ASBH opened at $19.50 on Friday. American Savings Bank of Hawaii has a 52-week low of $16.54 and a 52-week high of $19.98.

American Savings Bank of Hawaii (NYSE:ASBH) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. The company had revenue of $97.74 million during the quarter, compared to analyst estimates of $97.10 million. As a group, equities research analysts expect that American Savings Bank of Hawaii will post 1.75 earnings per share for the current fiscal year.

American Savings Bank of Hawaii Announces Dividend

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

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.