Wall Street analysts predict that Bank of Hawaii Co. (NYSE:BOH) will report earnings per share of $1.22 for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Bank of Hawaii’s earnings, with estimates ranging from $1.18 to $1.28. Bank of Hawaii posted earnings per share of $1.20 in the same quarter last year, which indicates a positive year over year growth rate of 1.7%. The company is scheduled to issue its next earnings report on Monday, April 23rd.
According to Zacks, analysts expect that Bank of Hawaii will report full-year earnings of $5.19 per share for the current fiscal year, with EPS estimates ranging from $4.90 to $5.35. For the next fiscal year, analysts forecast that the business will post earnings of $5.61 per share, with EPS estimates ranging from $5.35 to $5.78. Zacks’ earnings per share calculations are an average based on a survey of analysts that cover Bank of Hawaii.
Bank of Hawaii (NYSE:BOH) last announced its earnings results on Monday, January 22nd. The bank reported $1.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.09 by ($0.08). The firm had revenue of $160.63 million for the quarter, compared to the consensus estimate of $162.90 million. Bank of Hawaii had a return on equity of 12.83% and a net margin of 24.50%. During the same quarter last year, the business posted $1.02 EPS.
Shares of Bank of Hawaii (BOH) traded down $1.10 during trading hours on Friday, reaching $82.01. The company had a trading volume of 183,895 shares, compared to its average volume of 244,060. The firm has a market capitalization of $3,565.54, a P/E ratio of 19.26, a P/E/G ratio of 1.90 and a beta of 0.85. Bank of Hawaii has a 1-year low of $74.72 and a 1-year high of $89.09. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.21.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 14th. Investors of record on Wednesday, February 28th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.54%. The ex-dividend date is Tuesday, February 27th. Bank of Hawaii’s dividend payout ratio is currently 47.93%.
A number of large investors have recently modified their holdings of the stock. Cubist Systematic Strategies LLC acquired a new stake in shares of Bank of Hawaii in the 3rd quarter valued at $665,000. First Trust Advisors LP boosted its holdings in shares of Bank of Hawaii by 12.3% in the 3rd quarter. First Trust Advisors LP now owns 286,893 shares of the bank’s stock valued at $23,915,000 after purchasing an additional 31,342 shares in the last quarter. First Quadrant L P CA boosted its holdings in shares of Bank of Hawaii by 55.9% in the 3rd quarter. First Quadrant L P CA now owns 76,984 shares of the bank’s stock valued at $6,417,000 after purchasing an additional 27,595 shares in the last quarter. California Public Employees Retirement System boosted its holdings in shares of Bank of Hawaii by 4.3% in the 3rd quarter. California Public Employees Retirement System now owns 132,026 shares of the bank’s stock valued at $11,006,000 after purchasing an additional 5,448 shares in the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Bank of Hawaii by 1.7% in the 4th quarter. Swiss National Bank now owns 72,637 shares of the bank’s stock valued at $6,225,000 after purchasing an additional 1,200 shares in the last quarter. 76.97% of the stock is currently owned by institutional investors and hedge funds.
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About Bank of Hawaii
Bank of Hawaii Corporation is a bank holding company that operates through its subsidiary, Bank of Hawaii (the Bank). The Bank provides a range of financial products and services primarily to customers in Hawaii, Guam and other Pacific Islands. It operates in four segments: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other.
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