Q3 EPS Estimates for Bank of Hawaii Lifted by Zacks Research

Key Points

• Zacks Research raised Bank of Hawaii’s Q3 2028 EPS estimate to $1.63 from $1.60. The consensus estimate for the company’s full-year earnings is $5.89 per share.
• Bank of Hawaii recently reported quarterly EPS of $1.47, narrowly beating the $1.46 analyst consensus, while revenue of $196.9 million fell short of estimates.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $85.00. The bank also pays a quarterly dividend of $0.70, equivalent to a 4.1% annualized yield.

Bank of Hawaii Corporation (NYSE:BOH - Free Report) - Investment analysts at Zacks Research lifted their Q3 2028 earnings per share (EPS) estimates for shares of Bank of Hawaii in a note issued to investors on Tuesday, September 29th. Zacks Research analyst Team now expects that the bank will post earnings of $1.63 per share for the quarter, up from their previous forecast of $1.60. The consensus estimate for Bank of Hawaii's current full-year earnings is $5.89 per share.

Bank of Hawaii (NYSE:BOH - Get Free Report) last posted its quarterly earnings results on Monday, July 27th. The bank reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.01. The company had revenue of $196.90 million for the quarter, compared to analyst estimates of $199.51 million. Bank of Hawaii had a return on equity of 15.72% and a net margin of 21.84%.During the same quarter last year, the company earned $1.06 EPS.

A number of other brokerages also recently issued reports on BOH. Barclays decreased their price target on shares of Bank of Hawaii from $88.00 to $85.00 and set an "equal weight" rating for the company in a research note on Tuesday, July 28th. Weiss Ratings reissued a "buy (b)" rating on shares of Bank of Hawaii in a research report on Friday, July 24th. Stephens lowered shares of Bank of Hawaii from an "overweight" rating to an "equal weight" rating and set a $85.00 price objective on the stock. in a report on Thursday, August 6th. Piper Sandler decreased their price objective on shares of Bank of Hawaii from $85.00 to $78.00 and set a "neutral" rating for the company in a research report on Thursday. Finally, DA Davidson boosted their target price on shares of Bank of Hawaii from $80.00 to $85.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $85.00.

Bank of Hawaii Stock Performance

Shares of Bank of Hawaii stock opened at $68.70 on Friday. The business has a 50-day simple moving average of $76.56 and a 200-day simple moving average of $77.74. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.70 and a current ratio of 0.70. Bank of Hawaii has a one year low of $59.36 and a one year high of $86.31. The company has a market cap of $2.71 billion, a PE ratio of 12.82, a P/E/G ratio of 0.78 and a beta of 0.72.

Institutional Investors Weigh In On Bank of Hawaii

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of Bank of Hawaii during the second quarter worth about $470,538,000. Deutsche Bank AG purchased a new stake in shares of Bank of Hawaii in the 2nd quarter valued at about $5,111,000. Canada Pension Plan Investment Board acquired a new stake in shares of Bank of Hawaii in the 2nd quarter valued at about $1,125,000. Susquehanna Fundamental Investments LLC boosted its position in shares of Bank of Hawaii by 66.6% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 63,217 shares of the bank's stock valued at $5,152,000 after purchasing an additional 25,274 shares during the period. Finally, Corient Private Wealth LP purchased a new position in Bank of Hawaii during the 2nd quarter worth approximately $5,230,000. 82.18% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Bank of Hawaii news, insider Marco Abbruzzese sold 2,441 shares of the firm's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $81.59, for a total transaction of $199,161.19. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.97% of the company's stock.

Bank of Hawaii Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, August 31st. Bank of Hawaii's dividend payout ratio is currently 52.24%.

Bank of Hawaii News Summary

Here are the key news stories impacting Bank of Hawaii this week:

• Positive Sentiment: Zacks Research raised several longer-term earnings forecasts. Estimates increased for fourth-quarter 2026 EPS to $1.54 from $1.50, fiscal 2026 EPS to $5.84 from $5.80, fiscal 2027 EPS to $6.35 from $6.23, and fiscal 2028 EPS to $6.53 from $6.28. Smaller increases were also made for multiple 2027 and 2028 quarters, suggesting analysts see improving earnings momentum beyond the immediate quarter.
• Neutral Sentiment: Piper Sandler lowered its BOH price target to $78 from $85 and maintained a “neutral” rating. The revised target still implies meaningful upside from the stock’s recent level, but the reduction signals less near-term confidence in valuation or growth prospects.
• Negative Sentiment: Zacks Research trimmed its third-quarter 2026 EPS estimate to $1.52 from $1.53. The revision is modest, but it points to slightly softer near-term earnings expectations and may be contributing to pressure on the stock. Q3 EPS Estimates for Bank of Hawaii Cut by Zacks Research

About Bank of Hawaii

Bank of Hawaii Corporation is a regional financial services company headquartered in Honolulu, Hawaii. Through its principal subsidiary, Bank of Hawaii, the company provides banking and financial services to consumers, businesses, government entities and institutional clients.

The bank offers consumer deposit accounts, residential and consumer lending, credit cards and online and mobile banking. Its business banking services include commercial lending, cash management, treasury services, commercial deposits and international banking.

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