Zacks Research Cuts Earnings Estimates for Bank of Hawaii

Key Points

• Zacks Research trimmed Bank of Hawaii’s Q3 2026 EPS estimate to $1.52 from $1.53, while maintaining a broader longer-term earnings growth outlook, including forecasts of $6.35 EPS for 2027 and $6.53 for 2028.
• Analyst sentiment remains cautious: BOH has a consensus “Hold” rating from eight analysts, with a consensus price target of $85, versus a reported share price of $68.94.
• Bank of Hawaii reported quarterly EPS of $1.47, slightly ahead of expectations, and continues to offer a $0.70 quarterly dividend, equivalent to a 4.1% yield and a 52.24% payout ratio.

Bank of Hawaii Corporation (NYSE:BOH - Free Report) - Analysts at Zacks Research reduced their Q3 2026 earnings per share (EPS) estimates for shares of Bank of Hawaii in a research report issued to clients and investors on Tuesday, September 29th. Zacks Research analyst Team now anticipates that the bank will earn $1.52 per share for the quarter, down from their prior forecast of $1.53. The consensus estimate for Bank of Hawaii's current full-year earnings is $5.89 per share. Zacks Research also issued estimates for Bank of Hawaii's Q1 2028 earnings at $1.46 EPS.

Several other research analysts have also weighed in on BOH. DA Davidson boosted their price objective 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. Keefe, Bruyette & Woods reduced their price target on Bank of Hawaii from $95.00 to $92.00 and set an "outperform" rating for the company in a report on Monday, August 3rd. Benchmark reissued a "hold" rating on shares of Bank of Hawaii in a research report on Tuesday, July 28th. Stephens lowered Bank of Hawaii from an "overweight" rating to an "equal weight" rating and set a $85.00 price objective on the stock. in a research note on Thursday, August 6th. Finally, Barclays dropped their price objective on Bank of Hawaii from $88.00 to $85.00 and set an "equal weight" rating on the stock in a research note on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $85.00.

Bank of Hawaii Stock Performance

Shares of BOH stock opened at $68.94 on Thursday. The company has a fifty day moving average price of $76.88 and a two-hundred day moving average price of $77.77. Bank of Hawaii has a one year low of $59.36 and a one year high of $86.31. The stock has a market cap of $2.72 billion, a P/E ratio of 12.86, a P/E/G ratio of 0.79 and a beta of 0.70. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.70 and a quick ratio of 0.70.

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

Bank of Hawaii Dividend Announcement

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

Insider Activity at Bank of Hawaii

In related news, insider Marco Abbruzzese sold 2,441 shares of the company's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $81.59, for a total value of $199,161.19. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.97% of the company's stock.

Institutional Investors Weigh In On Bank of Hawaii

A number of institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in Bank of Hawaii in the 2nd quarter worth about $470,538,000. NFJ Investment Group LLC bought a new stake in Bank of Hawaii in the 2nd quarter valued at about $39,758,000. Bank of New York Mellon Corp acquired a new position in shares of Bank of Hawaii during the 2nd quarter worth approximately $37,864,000. Deprince Race & Zollo Inc. acquired a new position in shares of Bank of Hawaii during the 1st quarter worth approximately $34,385,000. Finally, Bank of America Corp DE bought a new position in shares of Bank of Hawaii during the second quarter worth approximately $28,074,000. Institutional investors own 82.18% of the company's stock.

Bank of Hawaii News Roundup

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

• Positive Sentiment: Zacks Research raised estimates across several future periods. The firm lifted its Q4 2026 EPS forecast to $1.54 from $1.50, FY2026 EPS to $5.84 from $5.80, and FY2027 EPS to $6.35 from $6.23. It also increased FY2028 EPS to $6.53 from $6.28, while raising estimates for Q1, Q2 and Q3 2027 and Q2 2028. The revisions suggest improved expectations for Bank of Hawaii’s earnings growth and could provide support for investor sentiment.
• Positive Sentiment: Zacks’ revised projections imply earnings growth from the current consensus estimate of $5.88 per share to $6.35 in FY2027 and $6.53 in FY2028. That longer-term growth outlook is favorable for valuation, particularly with BOH trading at a reported P/E ratio of approximately 12.9.
• Neutral Sentiment: A separate market update reported Bank of Hawaii stock trading at approximately €61.50 following its second-quarter earnings release, but provided no new operating or financial information beyond the earnings-related context. Bank of Hawaii stock trades at EUR 61.50 after Q2 earnings
• Negative Sentiment: Despite the improved analyst forecasts, BOH remains below its 50-day and 200-day moving averages, suggesting that technical momentum has not yet confirmed the stronger fundamental outlook.

Bank of Hawaii Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.