Bank of Hawaii Co. (NYSE:BOH) Forecasted to Earn FY2025 Earnings of $3.30 Per Share

Bank of Hawaii Co. (NYSE:BOH) – Stock analysts at DA Davidson decreased their FY2025 EPS estimates for shares of Bank of Hawaii in a note issued to investors on Thursday, October 3rd. DA Davidson analyst J. Rulis now expects that the bank will earn $3.30 per share for the year, down from their prior forecast of $3.50. DA Davidson currently has a “Neutral” rating and a $70.00 target price on the stock. The consensus estimate for Bank of Hawaii’s current full-year earnings is $3.45 per share.

Bank of Hawaii (NYSE:BOH) last released its quarterly earnings results on Monday, July 22nd. The bank reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.04). The company had revenue of $255.62 million during the quarter, compared to the consensus estimate of $157.12 million. Bank of Hawaii had a net margin of 14.54% and a return on equity of 12.25%. During the same period in the prior year, the company earned $1.12 earnings per share.

BOH has been the topic of a number of other research reports. Keefe, Bruyette & Woods upgraded shares of Bank of Hawaii from an “underperform” rating to a “market perform” rating and raised their target price for the company from $60.00 to $67.00 in a research report on Wednesday. Jefferies Financial Group lifted their target price on shares of Bank of Hawaii from $53.00 to $54.00 and gave the stock a “hold” rating in a research note on Wednesday, July 3rd. Finally, Piper Sandler lowered Bank of Hawaii from a “neutral” rating to an “underweight” rating and decreased their target price for the company from $70.00 to $61.00 in a research report on Monday, August 12th. Three analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, Bank of Hawaii currently has a consensus rating of “Hold” and a consensus target price of $60.40.

Bank of Hawaii Stock Up 1.5 %

Shares of BOH opened at $63.60 on Friday. The firm’s 50 day moving average is $64.81 and its 200-day moving average is $61.19. The stock has a market capitalization of $2.53 billion, a PE ratio of 16.39 and a beta of 1.05. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.44. Bank of Hawaii has a 12 month low of $45.56 and a 12 month high of $75.19.

Institutional Trading of Bank of Hawaii

A number of hedge funds have recently made changes to their positions in BOH. Point72 Asia Singapore Pte. Ltd. bought a new position in Bank of Hawaii in the 2nd quarter valued at approximately $106,000. Point72 DIFC Ltd bought a new position in shares of Bank of Hawaii during the 2nd quarter valued at about $119,000. Rothschild Investment LLC bought a new position in shares of Bank of Hawaii during the 2nd quarter valued at about $172,000. Bridges Investment Management Inc. purchased a new position in Bank of Hawaii in the second quarter worth about $205,000. Finally, Algert Global LLC purchased a new position in Bank of Hawaii in the second quarter worth about $229,000. 82.18% of the stock is owned by institutional investors.

Insider Transactions at Bank of Hawaii

In related news, insider Taryn L. Salmon sold 2,364 shares of the business’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $67.80, for a total transaction of $160,279.20. Following the transaction, the insider now owns 10,785 shares in the company, valued at $731,223. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.11% of the company’s stock.

Bank of Hawaii Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.40%. The ex-dividend date was Friday, August 30th. Bank of Hawaii’s dividend payout ratio (DPR) is currently 72.16%.

Bank of Hawaii Company Profile

Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial products and services in Hawaii, Guam, and other Pacific Islands. It operates in three segments: Consumer Banking, Commercial Banking, and Treasury and Other. The Consumer Banking segment offers checking, savings, and time deposit accounts; residential mortgage loans, home equity lines of credit, automobile loans and leases, overdraft lines of credit, installment loans, small business loans and leases, and credit cards; private and international client banking, investment, credit, and trust services to individuals and families, as well as high-net-worth individuals; investment management; institutional investment advisory services to corporations, government entities, and foundations; and brokerage offerings, including equities, mutual funds, life insurance, and annuity products.