Bank of Hawaii (BOH) to Release Earnings on Monday

Bank of Hawaii (NYSE:BOH) is scheduled to be releasing its earnings data before the market opens on Monday, October 28th. Analysts expect Bank of Hawaii to post earnings of $0.81 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Bank of Hawaii (NYSE:BOH) last issued its 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 firm had revenue of $255.62 million during the quarter, compared to the consensus estimate of $157.12 million. Bank of Hawaii had a return on equity of 12.25% and a net margin of 14.54%. During the same period in the prior year, the company posted $1.12 EPS. On average, analysts expect Bank of Hawaii to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Bank of Hawaii Trading Down 1.7 %

Shares of Bank of Hawaii stock opened at $67.03 on Monday. The company has a market capitalization of $2.66 billion, a P/E ratio of 18.78, a P/E/G ratio of 7.41 and a beta of 1.05. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.71 and a current ratio of 0.71. The company has a fifty day moving average of $64.71 and a 200 day moving average of $61.52. Bank of Hawaii has a fifty-two week low of $45.56 and a fifty-two week high of $75.19.

Insiders Place Their Bets

In other Bank of Hawaii news, insider Taryn L. Salmon sold 2,364 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $67.80, for a total value of $160,279.20. Following the sale, 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 through the SEC website. Corporate insiders own 2.11% of the company’s stock.

Wall Street Analysts Forecast Growth

BOH has been the subject of several recent analyst reports. Keefe, Bruyette & Woods raised shares of Bank of Hawaii from an “underperform” rating to a “market perform” rating and upped their target price for the stock from $60.00 to $67.00 in a report on Wednesday, October 2nd. DA Davidson upped their target price on shares of Bank of Hawaii from $63.00 to $70.00 and gave the stock a “neutral” rating in a report on Monday, July 29th. Piper Sandler downgraded shares of Bank of Hawaii from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $70.00 to $61.00 in a report on Monday, August 12th. Finally, Jefferies Financial Group boosted their price target 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. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $60.40.

About Bank of Hawaii

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.