Zacks Research Predicts Reduced Earnings for Bank of Hawaii

Key Points

• Zacks Research has revised its Q2 2026 earnings estimate for Bank of Hawaii down to $1.26 per share, slightly lower than the previous estimate of $1.27.
• The bank reported earnings of $1.06 per share for the last quarter, surpassing the consensus estimate of $1.04, despite revenue falling short at $174.48 million.
• Bank of Hawaii recently declared a quarterly dividend of $0.70 per share, reflecting a 4.2% yield on an annualized basis.

Bank of Hawaii Corporation (NYSE:BOH - Free Report) - Equities research analysts at Zacks Research dropped their Q2 2026 earnings per share (EPS) estimates for shares of Bank of Hawaii in a research report issued on Wednesday, September 17th. Zacks Research analyst Team now forecasts that the bank will post earnings per share of $1.26 for the quarter, down from their prior estimate of $1.27. The consensus estimate for Bank of Hawaii's current full-year earnings is $3.97 per share. Zacks Research also issued estimates for Bank of Hawaii's Q3 2026 earnings at $1.29 EPS, Q1 2027 earnings at $1.40 EPS and FY2027 earnings at $5.74 EPS.

A number of other research analysts also recently weighed in on the company. Piper Sandler began coverage on Bank of Hawaii in a research note on Thursday, August 21st. They issued a "neutral" rating and a $71.00 price target for the company. Barclays raised their price target on Bank of Hawaii from $67.00 to $68.00 and gave the company an "underweight" rating in a research note on Tuesday, July 8th. Finally, Stephens decreased their price target on Bank of Hawaii from $78.00 to $76.00 and set an "overweight" rating for the company in a research note on Tuesday, July 29th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $75.00.

Bank of Hawaii Stock Down 2.1%

Bank of Hawaii stock traded down $1.41 during midday trading on Thursday, reaching $66.57. The stock had a trading volume of 1,066,314 shares, compared to its average volume of 368,092. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.70 and a current ratio of 0.70. The firm's fifty day simple moving average is $66.25 and its 200-day simple moving average is $66.80. The stock has a market capitalization of $2.65 billion, a P/E ratio of 17.47, a price-to-earnings-growth ratio of 0.86 and a beta of 0.84. Bank of Hawaii has a 1-year low of $57.44 and a 1-year high of $82.70.

Bank of Hawaii (NYSE:BOH - Get Free Report) last announced its earnings results on Monday, July 28th. The bank reported $1.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.04 by $0.02. Bank of Hawaii had a return on equity of 12.67% and a net margin of 16.30%.The business had revenue of $174.48 million for the quarter, compared to analyst estimates of $177.82 million. During the same quarter last year, the firm earned $0.81 EPS.

Hedge Funds Weigh In On Bank of Hawaii

Institutional investors have recently modified their holdings of the business. Principal Financial Group Inc. raised its holdings in shares of Bank of Hawaii by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 197,888 shares of the bank's stock worth $13,648,000 after buying an additional 5,170 shares in the last quarter. Private Trust Co. NA raised its holdings in shares of Bank of Hawaii by 18,333.3% during the 1st quarter. Private Trust Co. NA now owns 553 shares of the bank's stock worth $38,000 after buying an additional 550 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Bank of Hawaii by 41.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 11,625 shares of the bank's stock worth $802,000 after buying an additional 3,433 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of Bank of Hawaii by 12.4% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 11,691 shares of the bank's stock worth $806,000 after buying an additional 1,291 shares in the last quarter. Finally, Golden State Wealth Management LLC raised its holdings in shares of Bank of Hawaii by 110.5% during the 1st quarter. Golden State Wealth Management LLC now owns 581 shares of the bank's stock worth $40,000 after buying an additional 305 shares in the last quarter. Institutional investors and hedge funds own 82.18% of the company's stock.

Bank of Hawaii Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were issued a $0.70 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $2.80 annualized dividend and a yield of 4.2%. Bank of Hawaii's payout ratio is currently 73.49%.

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.