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Bank of Hawaii (BOH) Financials

Bank of Hawaii logo
$68.58 -0.14 (-0.20%)
Closing price 03:59 PM Eastern
Extended Trading
$68.52 -0.06 (-0.08%)
As of 05:08 PM Eastern
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Annual Income Statements for Bank of Hawaii

Annual Income Statements for Bank of Hawaii

This table shows Bank of Hawaii's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 161 181 185 220 226 154 250 218 163 137
Consolidated Net Income / (Loss)		 161 181 185 220 226 154 253 226 171 150
Net Income / (Loss) Continuing Operations		 161 181 185 220 226 154 253 226 171 150
Total Pre-Tax Income 		231 260 268 270 286 189 326 291 227 198
Total Revenue		 580 615 643 655 681 681 669 698 674 639
Net Interest Income / (Expense)		 394 418 457 486 498 496 497 541 497 467
Total Interest Income		 432 458 504 550 587 546 527 597 810 864
Loans and Leases Interest Income		 299 333 370 411 439 417 399 440 591 654
Investment Securities Interest Income		 131 121 129 134 144 127 127 156 215 206
Other Interest Income		 1.31 0.81 0.94 1.36 1.00 0.66 0.70 1.22 5.11 4.22
Total Interest Expense		 38 40 47 64 90 50 29 57 313 397
Deposits Interest Expense		 9.63 13 22 41 68 33 15 40 251 369
Short-Term Borrowings Interest Expense		 0.00 0.00 0.06 0.15 0.04 0.06 0.00 2.07 5.71 0.00
Long-Term Debt Interest Expense		 3.02 4.26 4.45 22 20 17 0.94 2.04 40 24
Federal Funds Purchased and Securities Sold Interest Expense		 25 23 20 0.61 0.84 0.10 13 13 17 4.65
Total Non-Interest Income		 186 197 185 169 183 184 171 158 177 173
Trust Fees by Commissions		 48 46 45 44 44 43 46 44 44 47
Service Charges on Deposit Accounts		 34 34 33 29 30 25 26 30 31 32
Other Service Charges		 76 81 78 85 92 81 78 74 97 82
Net Realized & Unrealized Capital Gains on Investments		 10 10 10 -3.94 -3.99 9.93 -1.30 -6.11 -11 -7.51
Other Non-Interest Income		 19 26 19 16 21 25 23 16 16 18
Provision for Credit Losses		 1.00 4.75 17 13 16 118 -51 -7.80 9.00 11
Total Non-Interest Expense		 348 351 358 372 379 374 394 415 438 430
Salaries and Employee Benefits		 192 199 204 213 216 207 228 235 234 233
Net Occupancy & Equipment Expense		 67 66 70 76 82 93 82 96 99 103
Property & Liability Insurance Claims		 8.67 8.62 8.67 7.73 5.19 5.78 6.54 6.55 28 18
Other Operating Expenses		 81 77 75 74 76 67 77 77 76 77
Income Tax Expense		 70 78 83 51 60 35 72 65 56 48
Preferred Stock Dividends Declared		 - - - - 0.00 0.00 2.98 7.88 7.88 13
Basic Earnings per Share		 $3.72 $4.26 $4.37 $5.26 $5.59 $3.87 $6.29 $5.50 $4.16 $3.48
Weighted Average Basic Shares Outstanding		 43.22M 42.64M 42.28M 41.71M 40.38M 39.73M 39.84M 39.60M 39.27M 39.45M
Diluted Earnings per Share		 $3.70 $4.23 $4.33 $5.23 $5.56 $3.86 $6.25 $5.48 $4.14 $3.46
Weighted Average Diluted Shares Outstanding		 43.45M 42.88M 42.61M 42.00M 40.65M 39.89M 40.05M 39.79M 39.43M 39.70M
Weighted Average Basic & Diluted Shares Outstanding		 43.20M 42.60M 42.30M 41.70M 39.95M 40.13M 40.29M 39.79M 39.75M 39.76M
Cash Dividends to Common per Share		 $1.80 $1.89 $2.04 $2.34 $2.59 $2.68 $2.74 $2.80 $2.80 $2.80

Quarterly Income Statements for Bank of Hawaii

This table shows Bank of Hawaii's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 51 59 45 44 46 28 34 32 37 34 39
Consolidated Net Income / (Loss)		 53 61 47 46 48 30 36 34 40 39 44
Net Income / (Loss) Continuing Operations		 53 61 47 46 48 30 36 34 40 39 44
Total Pre-Tax Income 		67 79 63 61 64 40 48 45 53 52 56
Total Revenue		 172 182 177 168 171 158 156 157 163 163 170
Net Interest Income / (Expense)		 142 141 136 124 121 116 114 115 118 120 126
Total Interest Income		 155 172 188 200 212 210 210 214 221 219 214
Loans and Leases Interest Income		 115 129 137 145 151 158 159 163 166 165 163
Investment Securities Interest Income		 37 46 48 47 46 74 44 43 44 75 45
Deposits and Money Market Investments Interest Income		 0.01 - 0.03 0.02 0.02 - 0.03 0.03 0.03 - 5.46
Other Interest Income		 0.32 0.34 0.60 2.12 1.46 0.92 0.97 1.12 1.02 1.11 1.09
Total Interest Expense		 13 32 52 75 91 95 96 99 103 99 88
Deposits Interest Expense		 10 23 38 54 72 87 89 92 96 92 82
Long-Term Debt Interest Expense		 0.18 -1.28 5.30 13 15 5.98 5.92 5.92 5.97 5.95 6.04
Federal Funds Purchased and Securities Sold Interest Expense		 2.79 7.38 6.08 5.62 4.03 1.46 1.44 1.22 0.99 0.99 0.74
Total Non-Interest Income		 31 41 41 43 50 42 42 42 45 43 44
Trust Fees by Commissions		 10 11 11 11 11 11 11 12 12 12 12
Service Charges on Deposit Accounts		 7.53 7.51 7.74 7.59 7.84 7.95 7.95 7.73 8.08 8.68 8.26
Other Service Charges		 11 21 20 22 35 21 20 19 22 21 21
Net Realized & Unrealized Capital Gains on Investments		 -2.15 -1.12 -1.79 -1.31 -6.73 -1.62 -1.50 -1.60 -1.10 -3.31 -1.61
Other Non-Interest Income		 3.49 3.47 3.85 4.05 3.81 4.19 4.31 4.42 4.72 4.23 4.60
Provision for Credit Losses		 0.00 0.20 2.00 2.50 2.00 2.50 2.00 2.40 3.00 3.75 3.25
Total Non-Interest Expense		 106 103 112 104 106 116 106 109 107 108 110
Salaries and Employee Benefits		 60 58 65 56 59 54 58 57 59 59 63
Net Occupancy & Equipment Expense		 25 24 25 25 25 25 25 26 26 26 26
Property & Liability Insurance Claims		 1.68 1.77 3.23 3.17 3.36 19 3.61 7.17 3.36 3.71 1.64
Other Operating Expenses		 20 19 19 20 19 19 19 19 19 20 20
Income Tax Expense		 14 18 16 15 16 9.21 12 11 12 12 12
Preferred Stock Dividends Declared		 1.97 1.97 1.97 1.97 1.97 1.97 1.97 1.97 3.44 5.27 5.27
Basic Earnings per Share		 $1.28 $1.51 $1.14 $1.12 $1.17 $0.73 $0.87 $0.81 $0.94 $0.86 $0.98
Weighted Average Basic Shares Outstanding		 39.57M 39.60M 39.28M 39.24M 39.27M 39.27M 39.35M 39.45M 39.49M 39.45M 39.55M
Diluted Earnings per Share		 $1.28 $1.50 $1.14 $1.12 $1.17 $0.71 $0.87 $0.81 $0.93 $0.85 $0.97
Weighted Average Diluted Shares Outstanding		 39.76M 39.79M 39.47M 39.32M 39.42M 39.43M 39.63M 39.62M 39.74M 39.70M 39.88M
Weighted Average Basic & Diluted Shares Outstanding		 40.01M 39.79M 39.65M 39.73M 39.75M 39.75M 39.70M 39.73M 39.75M 39.76M 39.73M
Cash Dividends to Common per Share		 $0.70 $0.70 $0.70 $0.70 $0.70 $0.70 $0.70 $0.70 $0.70 $0.70 $0.70

Annual Cash Flow Statements for Bank of Hawaii

This table details how cash moves in and out of Bank of Hawaii's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 220 124 -432 78 33 55 -54 -159 599 -237
Net Cash From Operating Activities		 234 227 175 318 234 146 377 333 150 178
Net Cash From Continuing Operating Activities		 234 227 175 318 234 146 377 333 150 178
Net Income / (Loss) Continuing Operations		 161 181 185 220 226 154 253 226 171 150
Consolidated Net Income / (Loss)		 161 181 185 220 226 154 253 226 171 150
Provision For Loan Losses		 1.00 4.75 17 - 16 118 -51 -7.80 9.00 11
Depreciation Expense		 13 13 13 14 17 20 21 21 21 20
Amortization Expense		 48 42 38 33 34 37 31 32 25 23
Non-Cash Adjustments to Reconcile Net Income		 -1.61 -17 -17 30 -39 -54 94 48 8.80 6.75
Changes in Operating Assets and Liabilities, net		 13 1.76 -61 22 -20 -128 28 14 -85 -33
Net Cash From Investing Activities		 -531 -961 -1,022 -75 -773 -2,373 -2,423 -1,253 563 21
Net Cash From Continuing Investing Activities		 -531 -961 -1,022 -75 -773 -2,373 -2,423 -1,253 563 21
Purchase of Property, Leasehold Improvements and Equipment		 - - - -35 -54 -33 -22 -29 -9.40 -9.68
Purchase of Investment Securities		 -2,093 -2,324 -2,408 -1,251 -3,388 -4,766 -5,120 -2,547 -326 -571
Sale of Property, Leasehold Improvements and Equipment		 - - 0.00 0.00 0.64 1.98 10 0.00 0.00 0.00
Sale and/or Maturity of Investments		 1,562 1,363 1,386 1,212 2,668 2,424 2,709 1,323 898 601
Net Cash From Financing Activities		 517 858 415 -165 572 2,282 1,993 762 -114 -437
Net Cash From Continuing Financing Activities		 517 858 415 -165 572 2,282 1,993 762 -114 -437
Net Change in Deposits		 618 1,069 564 143 757 2,427 2,148 256 439 -422
Issuance of Debt		 175 75 0.00 50 100 50 0.00 675 1,350 0.00
Issuance of Preferred Equity		 - - - - 0.00 0.00 175 0.00 0.00 161
Issuance of Common Equity		 15 9.08 13 7.87 7.87 9.39 14 6.80 5.88 5.44
Repayment of Debt		 -161 -153 -28 -176 -50 -79 -200 -0.10 -1,775 -51
Repurchase of Common Equity		 -53 -62 -47 -92 -138 -18 -31 -55 -14 -5.30
Payment of Dividends		 -78 -81 -87 -98 -105 -107 -114 -120 -120 -125
Cash Interest Paid		 37 39 45 63 90 53 32 50 282 403
Cash Income Taxes Paid		 73 57 68 42 58 60 49 53 52 31

Quarterly Cash Flow Statements for Bank of Hawaii

This table details how cash moves in and out of Bank of Hawaii's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 -184 -254 210 1,061 -1,021 349 -109 34 347 -509 172
Net Cash From Operating Activities		 111 64 -31 12 144 26 57 47 -19 94 18
Net Cash From Continuing Operating Activities		 111 64 -31 12 144 26 57 47 -19 94 18
Net Income / (Loss) Continuing Operations		 53 61 47 46 48 30 36 34 40 39 44
Consolidated Net Income / (Loss)		 53 61 47 46 48 30 36 34 40 39 44
Provision For Loan Losses		 - 0.20 2.00 2.50 2.00 2.50 2.00 2.40 3.00 3.75 3.25
Depreciation Expense		 5.34 5.43 5.89 5.64 4.69 5.11 5.23 5.16 5.05 4.61 4.74
Amortization Expense		 7.72 7.04 6.62 6.37 6.42 5.97 6.14 6.03 5.63 5.58 5.58
Non-Cash Adjustments to Reconcile Net Income		 8.08 7.57 8.27 -3.69 11 -7.08 7.08 -3.49 -0.58 3.73 1.85
Changes in Operating Assets and Liabilities, net		 37 -17 -101 -45 72 -11 -0.00 3.14 -73 37 -41
Net Cash From Investing Activities		 -113 -701 -17 136 345 99 244 174 -173 -225 -136
Net Cash From Continuing Investing Activities		 -113 -701 -17 136 345 99 244 174 -173 -225 -136
Purchase of Property, Leasehold Improvements and Equipment		 -12 -3.96 -2.24 -2.81 -0.49 -3.87 -2.86 -4.99 -4.63 2.81 -8.12
Purchase of Investment Securities		 -379 -905 -181 -90 -7.26 -48 110 20 -326 -374 -293
Sale and/or Maturity of Investments		 277 208 166 229 353 150 138 159 158 147 164
Net Cash From Financing Activities		 -181 383 258 914 -1,510 224 -410 -188 539 -378 290
Net Cash From Continuing Financing Activities		 -181 383 258 914 -1,510 224 -410 -188 539 -378 290
Net Change in Deposits		 -137 -273 -124 17 294 253 -378 -268 570 -345 375
Issuance of Debt		 - 675 100 1,250 - - 0.00 - -50 50 0.00
Issuance of Preferred Equity		 - - - - - - - - - - 0.00
Issuance of Common Equity		 1.49 1.48 1.44 1.54 1.45 1.46 1.42 1.37 1.32 1.32 1.32
Repayment of Debt		 -0.02 25 325 -325 -1,775 -0.03 -0.03 -50 50 -51 -50
Repurchase of Common Equity		 -15 -16 -14 -0.14 -0.13 -0.23 -3.32 -1.68 -0.15 -0.16 -3.31
Payment of Dividends		 -30 -30 -30 -30 -30 -30 -30 -30 -32 -33 -33
Cash Interest Paid		 12 25 49 62 84 87 100 98 100 105 100
Cash Income Taxes Paid		 14 15 0.09 31 8.85 13 2.49 16 5.10 7.41 0.56

Annual Balance Sheets for Bank of Hawaii

This table presents Bank of Hawaii's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 15,455 16,492 17,089 17,144 18,095 20,604 22,785 23,607 23,733 23,601
Cash and Due from Banks		 159 169 263 324 299 279 196 317 1,001 764
Trading Account Securities		 6,244 6,082 6,180 5,501 5,700 7,137 8,998 8,260 7,409 7,310
Loans and Leases, Net of Allowance		 7,776 8,846 9,690 10,342 10,881 11,724 12,101 13,502 13,819 13,927
Loans and Leases		 7,879 8,950 9,797 10,449 10,991 11,940 12,259 13,646 13,965 14,076
Allowance for Loan and Lease Losses		 103 104 107 107 110 216 158 144 146 149
Premises and Equipment, Net		 111 114 131 152 188 200 199 207 195 184
Goodwill		 32 32 32 32 32 32 32 32 32 32
Other Assets		 1,106 1,224 584 567 736 898 895 1,205 1,278 1,384
Total Liabilities & Shareholders' Equity		 15,455 16,492 17,089 17,144 18,095 20,604 22,785 23,607 23,733 23,601
Total Liabilities		 14,339 15,331 15,857 15,876 16,809 19,229 21,173 22,290 22,319 21,933
Non-Interest Bearing Deposits		 4,286 4,773 4,724 4,740 4,490 5,750 7,275 6,715 6,059 5,424
Interest Bearing Deposits		 8,965 9,548 10,160 10,288 11,295 12,462 13,085 13,901 14,996 15,209
Short-Term Debt		 629 523 505 504 604 601 450 725 150 100
Accrued Interest Payable		 5.03 5.33 6.95 8.25 8.04 5.12 2.50 9.70 41 35
Long-Term Debt		 246 268 261 136 86 60 10 410 560 558
Other Long-Term Liabilities		 201 204 200 200 326 351 350 529 512 607
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,116 1,162 1,232 1,268 1,287 1,375 1,612 1,317 1,414 1,668
Total Preferred & Common Equity		 1,116 1,162 1,232 1,268 1,287 1,375 1,612 1,317 1,414 1,668
Preferred Stock		 - - - - - 0.00 180 180 180 345
Total Common Equity		 1,116 1,162 1,232 1,268 1,287 1,375 1,432 1,137 1,234 1,323
Common Stock		 543 552 562 572 583 592 603 621 637 648
Retained Earnings		 1,316 1,415 1,512 1,641 1,761 1,812 1,950 2,056 2,108 2,134
Treasury Stock		 -719 -772 -807 -894 -1,027 -1,037 -1,055 -1,105 -1,114 -1,116
Accumulated Other Comprehensive Income / (Loss)		 -24 -34 -35 -51 -31 7.82 -66 -435 -397 -343

Quarterly Balance Sheets for Bank of Hawaii

This table presents Bank of Hawaii's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Total Assets		 23,134 23,932 24,948 23,550 23,421 23,301 23,799 23,885
Cash and Due from Banks		 248 337 398 261 215 298 272 935
Federal Funds Sold		 403 272 1,273 386 673 624 993 0.00
Interest Bearing Deposits at Other Banks		 5.43 2.55 2.26 4.68 2.74 3.26 8.29 0.00
Trading Account Securities		 7,886 8,130 7,873 7,477 7,268 7,114 2,555 7,425
Loans and Leases, Net of Allowance		 13,175 13,681 13,770 13,774 13,706 -147 13,771 13,968
Loans and Leases		 13,322 13,825 13,915 13,919 13,854 - 13,919 14,115
Allowance for Loan and Lease Losses		 146 144 145 145 148 147 147 148
Premises and Equipment, Net		 208 203 200 196 192 192 192 188
Goodwill		 32 32 32 32 32 32 32 32
Other Assets		 1,177 14,955 1,400 1,419 1,331 15,185 5,976 1,338
Total Liabilities & Shareholders' Equity		 23,134 23,932 24,948 23,550 23,421 23,301 23,799 23,885
Total Liabilities		 21,852 22,578 23,590 22,186 21,985 21,688 22,134 22,180
Non-Interest Bearing Deposits		 7,300 6,386 5,968 5,687 5,543 5,372 5,412 5,493
Interest Bearing Deposits		 13,589 14,105 14,540 15,115 15,134 15,037 15,566 15,515
Short-Term Debt		 425 1,050 725 150 150 100 100 50
Accrued Interest Payable		 3.41 13 27 33 37 37 40 23
Long-Term Debt		 10 510 1,760 560 560 560 558 558
Other Long-Term Liabilities		 524 512 569 639 561 582 456 540
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,282 1,354 1,358 1,364 1,436 1,613 1,665 1,705
Total Preferred & Common Equity		 1,282 1,354 1,358 1,364 1,436 1,613 1,665 1,705
Preferred Stock		 180 180 180 180 180 345 345 345
Total Common Equity		 1,102 1,174 1,178 1,184 1,256 1,268 1,320 1,360
Common Stock		 617 625 629 633 641 640 644 652
Retained Earnings		 2,025 2,074 2,091 2,109 2,115 2,119 2,128 2,144
Treasury Stock		 -1,091 -1,119 -1,118 -1,116 -1,116 -1,117 -1,116 -1,118
Accumulated Other Comprehensive Income / (Loss)		 -448 -405 -423 -442 -384 -374 -335 -318

Annual Metrics And Ratios for Bank of Hawaii

This table displays calculated financial ratios and metrics derived from Bank of Hawaii's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 3.69% 5.97% 4.51% 1.96% 3.93% -0.05% -1.78% 4.41% -3.50% -5.13%
EBITDA Growth		 -2.18% 7.86% 1.44% -0.64% 6.20% -26.97% 53.61% -8.85% -20.51% -11.88%
EBIT Growth		 -2.71% 12.28% 3.26% 0.81% 5.77% -33.83% 72.14% -10.73% -21.86% -12.89%
NOPAT Growth		 -1.43% 12.92% 1.77% 18.91% 2.87% -31.92% 64.74% -10.88% -24.18% -12.39%
Net Income Growth		 -1.43% 12.92% 1.77% 18.91% 2.87% -31.92% 64.74% -10.88% -24.18% -12.39%
EPS Growth		 0.27% 14.32% 2.36% 20.79% 6.31% -30.58% 61.92% -12.32% -24.45% -16.43%
Operating Cash Flow Growth		 11.71% -3.20% -22.68% 81.52% -26.32% -37.49% 157.59% -11.72% -54.88% 18.79%
Free Cash Flow Firm Growth		 -56.77% 151.16% -36.38% 121.37% -49.04% -39.75% 128.02% -171.37% 423.05% -110.25%
Invested Capital Growth		 3.82% -1.91% 2.31% -4.48% 3.58% 2.98% 1.81% 18.35% -13.37% 9.47%
Revenue Q/Q Growth		 0.69% 1.18% 1.11% 0.84% 0.82% -0.99% 0.63% 1.89% -3.42% 0.81%
EBITDA Q/Q Growth		 -1.04% 0.24% 0.78% 0.91% 2.51% -7.98% 7.10% 0.05% -12.97% 4.81%
EBIT Q/Q Growth		 -0.66% 0.42% 1.24% 1.55% 1.99% -10.77% 8.71% 0.70% -14.78% 6.42%
NOPAT Q/Q Growth		 1.03% 0.38% -0.30% 5.25% 1.91% -9.33% 9.28% -1.11% -15.29% 6.21%
Net Income Q/Q Growth		 1.03% 0.38% -0.30% 5.25% 1.91% -9.33% 9.28% -1.11% -15.29% 6.21%
EPS Q/Q Growth		 1.65% 0.71% -0.46% 5.87% 2.77% -8.96% 8.51% -0.90% -16.02% 4.22%
Operating Cash Flow Q/Q Growth		 -4.63% 20.76% -29.87% 33.50% -10.35% -13.46% -5.48% 8.90% -20.38% 61.36%
Free Cash Flow Firm Q/Q Growth		 -2.14% 10.54% -16.71% 16.30% -1.05% -37.41% 9.22% -127.19% 423.56% 52.87%
Invested Capital Q/Q Growth		 -0.52% -1.54% -0.16% -1.83% -1.48% 0.55% 0.70% 42.75% 2.43% 0.08%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 50.28% 51.18% 49.68% 48.41% 49.46% 36.14% 56.52% 49.34% 40.65% 37.75%
EBIT Margin		 39.84% 42.22% 41.71% 41.24% 41.97% 27.78% 48.69% 41.63% 33.72% 30.96%
Profit (Net Income) Margin		 27.69% 29.51% 28.74% 33.51% 33.17% 22.59% 37.89% 32.35% 25.41% 23.47%
Tax Burden Percent		 69.51% 69.90% 68.89% 81.27% 79.04% 81.32% 77.83% 77.69% 75.38% 75.81%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 30.49% 30.10% 31.11% 18.73% 20.96% 18.68% 22.17% 22.31% 24.62% 24.19%
Return on Invested Capital (ROIC)		 8.22% 9.20% 9.35% 11.24% 11.63% 7.67% 12.34% 9.98% 7.48% 6.74%
ROIC Less NNEP Spread (ROIC-NNEP)		 8.22% 9.20% 9.35% 11.24% 11.63% 7.67% 12.34% 9.98% 7.48% 6.74%
Return on Net Nonoperating Assets (RNNOA)		 6.58% 6.73% 6.08% 6.32% 6.05% 3.89% 4.63% 5.44% 5.06% 2.99%
Return on Equity (ROE)		 14.80% 15.93% 15.43% 17.57% 17.68% 11.56% 16.97% 15.42% 12.54% 9.73%
Cash Return on Invested Capital (CROIC)		 4.47% 11.13% 7.07% 15.83% 8.11% 4.73% 10.54% -6.83% 21.80% -2.30%
Operating Return on Assets (OROA)		 1.53% 1.63% 1.60% 1.58% 1.62% 0.98% 1.50% 1.25% 0.96% 0.84%
Return on Assets (ROA)		 1.06% 1.14% 1.10% 1.28% 1.28% 0.79% 1.17% 0.97% 0.72% 0.63%
Return on Common Equity (ROCE)		 14.80% 15.93% 15.43% 17.57% 17.68% 11.56% 15.95% 13.53% 10.88% 8.08%
Return on Equity Simple (ROE_SIMPLE)		 14.40% 15.62% 14.99% 17.32% 17.56% 11.19% 15.72% 17.15% 12.11% 8.99%
Net Operating Profit after Tax (NOPAT)		 161 181 185 220 226 154 253 226 171 150
NOPAT Margin		 27.69% 29.51% 28.74% 33.51% 33.17% 22.59% 37.89% 32.35% 25.41% 23.47%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 44.60% 43.16% 42.61% 44.20% 43.75% 44.19% 46.44% 47.48% 49.45% 52.43%
Operating Expenses to Revenue		 59.99% 57.01% 55.66% 56.71% 55.68% 54.91% 58.86% 59.49% 64.95% 67.30%
Earnings before Interest and Taxes (EBIT)		 231 260 268 270 286 189 326 291 227 198
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 292 315 319 317 337 246 378 344 274 241
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.82 2.50 2.32 1.79 2.48 1.94 2.11 2.43 2.19 2.12
Price to Tangible Book Value (P/TBV)		 1.87 2.57 2.38 1.84 2.55 1.98 2.15 2.50 2.25 2.17
Price to Revenue (P/Rev)		 3.50 4.72 4.45 3.47 4.69 3.91 4.51 3.96 4.02 4.39
Price to Earnings (P/E)		 12.64 15.99 15.48 10.34 14.14 17.30 12.04 12.69 16.57 20.41
Dividend Yield		 3.84% 2.78% 3.03% 4.30% 3.26% 4.04% 3.66% 4.05% 4.11% 4.96%
Earnings Yield		 7.91% 6.26% 6.46% 9.67% 7.07% 5.78% 8.31% 7.88% 6.04% 4.90%
Enterprise Value to Invested Capital (EV/IC)		 1.38 1.80 1.59 1.25 1.68 1.33 1.49 1.50 1.22 1.31
Enterprise Value to Revenue (EV/Rev)		 4.73 5.72 4.94 3.64 4.88 3.98 4.63 5.27 3.85 4.76
Enterprise Value to EBITDA (EV/EBITDA)		 9.40 11.18 9.95 7.52 9.88 11.00 8.19 10.68 9.48 12.61
Enterprise Value to EBIT (EV/EBIT)		 11.87 13.56 11.85 8.83 11.64 14.31 9.51 12.66 11.43 15.38
Enterprise Value to NOPAT (EV/NOPAT)		 17.07 19.40 17.21 10.86 14.73 17.60 12.22 16.29 15.16 20.29
Enterprise Value to Operating Cash Flow (EV/OCF)		 11.72 15.54 18.14 7.50 14.20 18.49 8.21 11.05 17.28 17.06
Enterprise Value to Free Cash Flow (EV/FCFF)		 31.39 16.04 22.76 7.72 21.12 28.52 14.30 0.00 5.20 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.78 0.68 0.62 0.50 0.54 0.48 0.29 0.86 0.50 0.39
Long-Term Debt to Equity		 0.22 0.23 0.21 0.11 0.07 0.04 0.01 0.31 0.40 0.33
Financial Leverage		 0.80 0.73 0.65 0.56 0.52 0.51 0.38 0.55 0.68 0.44
Leverage Ratio		 13.93 14.03 14.03 13.69 13.79 14.54 14.53 15.84 17.33 15.36
Compound Leverage Factor		 13.93 14.03 14.03 13.69 13.79 14.54 14.53 15.84 17.33 15.36
Debt to Total Capital		 43.93% 40.52% 38.34% 33.54% 34.90% 32.48% 22.24% 46.31% 33.45% 28.30%
Short-Term Debt to Total Capital		 31.59% 26.80% 25.29% 26.44% 30.57% 29.50% 21.74% 29.58% 7.08% 4.30%
Long-Term Debt to Total Capital		 12.35% 13.72% 13.05% 7.11% 4.33% 2.97% 0.50% 16.73% 26.36% 24.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.69% 7.34% 8.47% 14.83%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 56.07% 59.48% 61.66% 66.46% 65.10% 67.52% 69.08% 46.36% 58.08% 56.87%
Debt to EBITDA		 3.00 2.51 2.40 2.02 2.05 2.69 1.22 3.30 2.60 2.73
Net Debt to EBITDA		 2.44 1.97 1.00 0.36 0.39 0.19 -0.26 2.13 -1.06 -0.44
Long-Term Debt to EBITDA		 0.84 0.85 0.82 0.43 0.25 0.25 0.03 1.19 2.05 2.31
Debt to NOPAT		 5.44 4.36 4.15 2.92 3.05 4.30 1.82 5.03 4.15 4.39
Net Debt to NOPAT		 4.43 3.41 1.72 0.52 0.58 0.31 -0.39 3.25 -1.70 -0.70
Long-Term Debt to NOPAT		 1.53 1.48 1.41 0.62 0.38 0.39 0.04 1.82 3.27 3.72
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.03% 12.29% 13.18% 17.03%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 87 220 140 309 158 95 216 -154 499 -51
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 900.63% 439.79% 467.69% 3,110.27% 1,157.68% 1,597.76% 1,843.66%
Free Cash Flow to Firm to Interest Expense		 2.30 5.44 3.00 4.84 1.76 1.89 7.36 -2.72 1.59 -0.13
Operating Cash Flow to Interest Expense		 6.15 5.62 3.76 4.98 2.61 2.92 12.82 5.86 0.48 0.45
Operating Cash Flow Less CapEx to Interest Expense		 6.15 5.62 3.76 4.43 2.02 2.30 12.40 5.35 0.45 0.42
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.04 0.04 0.04 0.04 0.03 0.03 0.03 0.03
Fixed Asset Turnover		 5.25 5.47 5.26 4.63 4.00 3.51 3.35 3.44 3.35 3.37
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 1,991 1,953 1,998 1,908 1,977 2,036 2,072 2,453 2,125 2,326
Invested Capital Turnover		 0.30 0.31 0.33 0.34 0.35 0.34 0.33 0.31 0.29 0.29
Increase / (Decrease) in Invested Capital		 73 -38 45 -90 68 59 37 380 -328 201
Enterprise Value (EV)		 2,744 3,520 3,178 2,385 3,327 2,707 3,095 3,679 2,595 3,044
Market Capitalization		 2,032 2,901 2,860 2,271 3,196 2,660 3,015 2,765 2,706 2,804
Book Value per Share		 $25.78 $27.21 $29.00 $30.37 $31.95 $34.31 $35.57 $28.42 $31.05 $33.28
Tangible Book Value per Share		 $25.06 $26.47 $28.26 $29.62 $31.17 $33.52 $34.79 $27.63 $30.26 $32.49
Total Capital		 1,991 1,953 1,998 1,908 1,977 2,036 2,072 2,453 2,125 2,326
Total Debt		 875 791 766 640 690 661 461 1,136 711 658
Total Long-Term Debt		 246 268 261 136 86 60 10 410 560 558
Net Debt		 712 619 318 114 131 47 -100 734 -290 -105
Capital Expenditures (CapEx)		 0.00 0.00 0.00 35 53 31 12 29 9.40 9.68
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 875 791 766 640 690 661 461 1,136 711 658
Total Depreciation and Amortization (D&A)		 61 55 51 47 51 57 52 54 47 43
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $3.72 $4.26 $4.37 $5.26 $5.59 $3.87 $6.29 $5.50 $4.16 $3.48
Adjusted Weighted Average Basic Shares Outstanding		 43.22M 42.64M 42.28M 41.71M 40.38M 39.73M 39.84M 39.60M 39.27M 39.45M
Adjusted Diluted Earnings per Share		 $3.70 $4.23 $4.33 $5.23 $5.56 $3.86 $6.25 $5.48 $4.14 $3.46
Adjusted Weighted Average Diluted Shares Outstanding		 43.45M 42.88M 42.61M 42.00M 40.65M 39.89M 40.05M 39.79M 39.43M 39.70M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 43.10M 42.64M 42.33M 41.21M 39.95M 40.13M 40.29M 39.79M 39.75M 39.76M
Normalized Net Operating Profit after Tax (NOPAT)		 161 181 185 220 226 154 253 226 171 150
Normalized NOPAT Margin		 27.69% 29.51% 28.74% 33.51% 33.17% 22.59% 37.89% 32.35% 25.41% 23.47%
Pre Tax Income Margin		 39.84% 42.22% 41.71% 41.24% 41.97% 27.78% 48.69% 41.63% 33.72% 30.96%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 6.08 6.44 5.76 4.23 3.19 3.77 11.06 5.12 0.72 0.50
NOPAT to Interest Expense		 4.23 4.50 3.97 3.44 2.52 3.07 8.61 3.97 0.55 0.38
EBIT Less CapEx to Interest Expense		 6.08 6.44 5.76 3.68 2.59 3.15 10.65 4.61 0.69 0.47
NOPAT Less CapEx to Interest Expense		 4.23 4.50 3.97 2.89 1.93 2.45 8.20 3.47 0.52 0.35
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 48.76% 44.72% 47.15% 44.85% 46.69% 69.85% 44.84% 53.34% 69.90% 83.31%
Augmented Payout Ratio		 81.73% 78.79% 72.64% 86.74% 107.62% 81.56% 57.18% 77.72% 78.25% 86.84%

Quarterly Metrics And Ratios for Bank of Hawaii

This table displays calculated financial ratios and metrics derived from Bank of Hawaii's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 2.45% 7.66% 4.67% -4.26% -0.61% -13.11% -11.58% -6.37% -4.99% 3.26% 8.73%
EBITDA Growth		 -14.95% 0.21% -11.25% -17.45% -6.08% -44.60% -20.65% -22.70% -15.33% 21.83% 11.29%
EBIT Growth		 -18.90% 2.63% -10.88% -18.16% -4.35% -49.87% -22.95% -25.81% -17.33% 30.14% 16.11%
NOPAT Growth		 -14.91% -3.96% -14.57% -19.00% -9.28% -50.42% -22.31% -26.00% -15.75% 28.84% 20.87%
Net Income Growth		 -14.91% -3.96% -14.57% -19.00% -9.28% -50.42% -22.31% -26.00% -15.75% 28.84% 20.87%
EPS Growth		 -15.79% -3.23% -13.64% -18.84% -8.59% -52.67% -23.68% -27.68% -20.51% 19.72% 11.49%
Operating Cash Flow Growth		 -14.33% 73.81% -174.07% -90.06% 30.24% -59.98% 283.58% 308.34% -113.36% 264.56% -66.85%
Free Cash Flow Firm Growth		 1,283.10% -1,284.79% -676.56% -583.12% -178.56% 212.31% 183.97% 179.70% 32.13% -145.21% -115.23%
Invested Capital Growth		 -16.51% 18.35% 52.65% 115.40% 20.74% -13.37% -26.36% -40.86% 12.04% 9.47% 7.76%
Revenue Q/Q Growth		 -1.57% 5.57% -2.87% -5.14% 2.19% -7.71% -1.17% 0.45% 3.69% 0.31% 4.07%
EBITDA Q/Q Growth		 -10.06% 14.89% -17.71% -2.92% 2.33% -32.24% 17.87% -5.42% 12.08% -2.50% 7.67%
EBIT Q/Q Growth		 -10.79% 18.69% -20.55% -2.72% 4.26% -37.79% 22.11% -6.32% 16.18% -2.07% 8.95%
NOPAT Q/Q Growth		 -7.14% 16.11% -23.59% -1.67% 4.00% -36.55% 19.72% -6.34% 18.41% -2.96% 12.32%
Net Income Q/Q Growth		 -7.14% 16.11% -23.59% -1.67% 4.00% -36.55% 19.72% -6.34% 18.41% -2.96% 12.32%
EPS Q/Q Growth		 -7.25% 17.19% -24.00% -1.75% 4.46% -39.32% 22.54% -6.90% 14.81% -8.60% 14.12%
Operating Cash Flow Q/Q Growth		 -5.18% -42.01% -148.30% 137.44% 1,141.92% -82.18% 121.57% -16.73% -140.62% 586.38% -80.38%
Free Cash Flow Firm Q/Q Growth		 -5.79% -181.24% -200.52% -110.03% 84.68% 216.15% 124.69% 99.34% -113.05% 22.64% 24.32%
Invested Capital Q/Q Growth		 -3.72% 42.75% 18.85% 31.86% -46.03% 2.43% 1.02% 5.91% 2.23% 0.08% -0.55%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 46.21% 50.29% 42.60% 43.60% 43.66% 32.06% 38.24% 36.00% 38.91% 37.82% 39.13%
EBIT Margin		 38.63% 43.43% 35.53% 36.44% 37.18% 25.06% 30.96% 28.87% 32.35% 31.58% 33.06%
Profit (Net Income) Margin		 30.64% 33.70% 26.51% 27.48% 27.97% 19.23% 23.29% 21.72% 24.80% 23.99% 25.89%
Tax Burden Percent		 79.32% 77.60% 74.62% 75.43% 75.24% 76.75% 75.24% 75.23% 76.67% 75.98% 78.33%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 20.68% 22.40% 25.38% 24.57% 24.76% 23.25% 24.76% 24.77% 23.33% 24.02% 21.67%
Return on Invested Capital (ROIC)		 11.12% 10.40% 7.76% 6.82% 10.29% 5.66% 6.01% 4.56% 7.15% 6.89% 7.58%
ROIC Less NNEP Spread (ROIC-NNEP)		 11.12% 10.40% 7.76% 6.82% 10.29% 5.66% 6.01% 4.56% 7.15% 6.89% 7.58%
Return on Net Nonoperating Assets (RNNOA)		 3.46% 5.67% 5.59% 7.36% 4.46% 3.83% 4.89% 4.83% 3.23% 3.06% 3.18%
Return on Equity (ROE)		 14.58% 16.07% 13.35% 14.18% 14.74% 9.49% 10.91% 9.39% 10.38% 9.95% 10.76%
Cash Return on Invested Capital (CROIC)		 30.09% -6.83% -32.65% -65.82% -8.13% 21.80% 36.72% 56.21% -4.93% -2.30% -0.40%
Operating Return on Assets (OROA)		 1.15% 1.31% 1.07% 1.06% 1.11% 0.71% 0.85% 0.77% 0.87% 0.85% 0.91%
Return on Assets (ROA)		 0.91% 1.01% 0.80% 0.80% 0.84% 0.55% 0.64% 0.58% 0.66% 0.65% 0.71%
Return on Common Equity (ROCE)		 12.76% 14.09% 11.64% 12.30% 12.74% 8.24% 9.50% 7.73% 8.58% 8.26% 8.96%
Return on Equity Simple (ROE_SIMPLE)		 17.81% 0.00% 16.08% 15.24% 14.82% 0.00% 11.19% 9.22% 8.48% 0.00% 9.24%
Net Operating Profit after Tax (NOPAT)		 53 61 47 46 48 30 36 34 40 39 44
NOPAT Margin		 30.64% 33.70% 26.51% 27.48% 27.97% 19.23% 23.29% 21.72% 24.80% 23.99% 25.89%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 49.02% 44.89% 50.89% 48.53% 48.66% 49.66% 53.48% 52.69% 51.78% 51.81% 52.34%
Operating Expenses to Revenue		 61.37% 56.46% 63.34% 62.07% 61.66% 73.36% 67.76% 69.60% 65.81% 66.12% 65.03%
Earnings before Interest and Taxes (EBIT)		 67 79 63 61 64 40 48 45 53 52 56
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 80 91 75 73 75 51 60 56 63 62 66
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 2.55 2.43 1.65 1.32 1.58 2.19 1.95 1.79 1.87 2.12 2.02
Price to Tangible Book Value (P/TBV)		 2.62 2.50 1.70 1.36 1.62 2.25 2.00 1.84 1.92 2.17 2.06
Price to Revenue (P/Rev)		 4.10 3.96 2.74 2.23 2.68 4.02 3.75 3.53 3.90 4.39 4.20
Price to Earnings (P/E)		 12.74 12.69 9.23 7.81 9.61 16.57 16.03 16.12 18.73 20.41 19.36
Dividend Yield		 4.01% 4.05% 5.75% 7.13% 5.96% 4.11% 4.54% 4.89% 4.50% 4.96% 5.07%
Earnings Yield		 7.85% 7.88% 10.84% 12.80% 10.41% 6.04% 6.24% 6.20% 5.34% 4.90% 5.17%
Enterprise Value to Invested Capital (EV/IC)		 1.61 1.50 1.05 0.66 1.01 1.22 1.14 1.03 0.95 1.31 1.19
Enterprise Value to Revenue (EV/Rev)		 4.04 5.27 4.34 3.65 3.02 3.85 3.75 3.66 3.47 4.76 4.23
Enterprise Value to EBITDA (EV/EBITDA)		 8.04 10.68 9.15 7.98 6.69 9.48 9.48 9.73 9.56 12.61 11.13
Enterprise Value to EBIT (EV/EBIT)		 9.59 12.66 10.84 9.46 7.90 11.43 11.51 11.94 11.84 15.38 13.42
Enterprise Value to NOPAT (EV/NOPAT)		 12.13 16.29 14.08 12.31 10.41 15.16 15.24 15.80 15.58 20.29 17.52
Enterprise Value to Operating Cash Flow (EV/OCF)		 9.06 11.05 11.78 16.42 11.15 17.28 10.29 8.59 19.90 17.06 19.51
Enterprise Value to Free Cash Flow (EV/FCFF)		 4.87 0.00 0.00 0.00 0.00 5.20 2.64 1.37 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.34 0.86 1.15 1.83 0.52 0.50 0.49 0.41 0.40 0.39 0.36
Long-Term Debt to Equity		 0.01 0.31 0.38 1.30 0.41 0.40 0.39 0.35 0.34 0.33 0.33
Financial Leverage		 0.31 0.55 0.72 1.08 0.43 0.68 0.81 1.06 0.45 0.44 0.42
Leverage Ratio		 16.01 15.84 16.74 17.80 17.64 17.33 16.97 16.24 15.63 15.36 15.06
Compound Leverage Factor		 16.01 15.84 16.74 17.80 17.64 17.33 16.97 16.24 15.63 15.36 15.06
Debt to Total Capital		 25.36% 46.31% 53.54% 64.67% 34.26% 33.45% 33.11% 29.06% 28.34% 28.30% 26.29%
Short-Term Debt to Total Capital		 24.76% 29.58% 36.04% 18.87% 7.25% 7.08% 7.01% 4.42% 4.32% 4.30% 2.16%
Long-Term Debt to Total Capital		 0.60% 16.73% 17.50% 45.79% 27.00% 26.36% 26.10% 24.64% 24.02% 24.00% 24.13%
Preferred Equity to Total Capital		 10.48% 7.34% 6.17% 4.68% 8.68% 8.47% 8.39% 15.18% 14.84% 14.83% 14.91%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 64.16% 46.36% 40.29% 30.65% 57.07% 58.08% 58.51% 55.77% 56.81% 56.87% 58.79%
Debt to EBITDA		 1.27 3.30 4.66 7.78 2.26 2.60 2.75 2.73 2.86 2.73 2.45
Net Debt to EBITDA		 -0.64 2.13 2.83 2.54 0.19 -1.06 -0.70 -1.10 -2.67 -0.44 -1.32
Long-Term Debt to EBITDA		 0.03 1.19 1.52 5.51 1.78 2.05 2.17 2.32 2.43 2.31 2.25
Debt to NOPAT		 1.91 5.03 7.17 12.01 3.52 4.15 4.42 4.44 4.66 4.39 3.86
Net Debt to NOPAT		 -0.96 3.25 4.36 3.92 0.29 -1.70 -1.13 -1.78 -4.35 -0.70 -2.07
Long-Term Debt to NOPAT		 0.05 1.82 2.34 8.50 2.77 3.27 3.48 3.77 3.95 3.72 3.54
Noncontrolling Interest Sharing Ratio		 12.50% 12.29% 12.84% 13.30% 13.60% 13.18% 12.90% 17.67% 17.33% 17.03% 16.71%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 393 -319 -959 -2,013 -308 358 805 1,605 -209 -162 -123
Operating Cash Flow to CapEx		 958.69% 1,620.15% -1,382.10% 413.04% 29,375.31% 663.50% 1,987.24% 948.06% -414.89% 0.00% 225.99%
Free Cash Flow to Firm to Interest Expense		 29.60 -10.10 -18.30 -26.70 -3.39 3.79 8.35 16.26 -2.03 -1.64 -1.39
Operating Cash Flow to Interest Expense		 8.33 2.03 -0.59 0.15 1.58 0.27 0.59 0.48 -0.19 0.94 0.21
Operating Cash Flow Less CapEx to Interest Expense		 7.46 1.90 -0.63 0.12 1.58 0.23 0.56 0.43 -0.23 0.97 0.12
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03
Fixed Asset Turnover		 3.36 3.44 3.50 3.47 3.45 3.35 3.30 3.27 3.27 3.37 3.43
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,718 2,453 2,915 3,844 2,075 2,125 2,147 2,273 2,324 2,326 2,313
Invested Capital Turnover		 0.36 0.31 0.29 0.25 0.37 0.29 0.26 0.21 0.29 0.29 0.29
Increase / (Decrease) in Invested Capital		 -340 380 1,005 2,059 356 -328 -769 -1,571 250 201 167
Enterprise Value (EV)		 2,769 3,679 3,066 2,548 2,104 2,595 2,449 2,351 2,201 3,044 2,760
Market Capitalization		 2,808 2,765 1,937 1,556 1,866 2,706 2,450 2,271 2,470 2,804 2,742
Book Value per Share		 $27.43 $28.42 $29.90 $29.72 $29.80 $31.05 $31.60 $31.94 $33.24 $33.28 $34.20
Tangible Book Value per Share		 $26.65 $27.63 $29.10 $28.92 $29.01 $30.26 $30.80 $31.15 $32.44 $32.49 $33.41
Total Capital		 1,718 2,453 2,915 3,844 2,075 2,125 2,147 2,273 2,324 2,326 2,313
Total Debt		 436 1,136 1,561 2,486 711 711 711 661 659 658 608
Total Long-Term Debt		 10 410 510 1,760 560 560 560 560 558 558 558
Net Debt		 -220 734 949 812 58 -290 -181 -265 -614 -105 -327
Capital Expenditures (CapEx)		 12 3.96 2.24 2.81 0.49 3.87 2.86 4.99 4.63 -2.81 8.12
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 436 1,136 1,561 2,486 711 711 711 661 659 658 608
Total Depreciation and Amortization (D&A)		 13 12 13 12 11 11 11 11 11 10 10
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.28 $1.51 $1.14 $1.12 $1.17 $0.73 $0.87 $0.81 $0.94 $0.86 $0.98
Adjusted Weighted Average Basic Shares Outstanding		 39.57M 39.60M 39.28M 39.24M 39.27M 39.27M 39.35M 39.45M 39.49M 39.45M 39.55M
Adjusted Diluted Earnings per Share		 $1.28 $1.50 $1.14 $1.12 $1.17 $0.71 $0.87 $0.81 $0.93 $0.85 $0.97
Adjusted Weighted Average Diluted Shares Outstanding		 39.76M 39.79M 39.47M 39.32M 39.42M 39.43M 39.63M 39.62M 39.74M 39.70M 39.88M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 40.01M 39.79M 39.65M 39.73M 39.75M 39.75M 39.70M 39.73M 39.75M 39.76M 39.73M
Normalized Net Operating Profit after Tax (NOPAT)		 53 61 47 46 48 30 36 34 40 39 44
Normalized NOPAT Margin		 30.64% 33.70% 26.51% 27.48% 27.97% 19.23% 23.29% 21.72% 24.80% 23.99% 25.89%
Pre Tax Income Margin		 38.63% 43.43% 35.53% 36.44% 37.18% 25.06% 30.96% 28.87% 32.35% 31.58% 33.06%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 5.02 2.50 1.20 0.81 0.70 0.42 0.50 0.46 0.51 0.52 0.63
NOPAT to Interest Expense		 3.98 1.94 0.89 0.61 0.53 0.32 0.38 0.35 0.39 0.40 0.50
EBIT Less CapEx to Interest Expense		 4.15 2.38 1.16 0.77 0.69 0.38 0.47 0.41 0.47 0.55 0.54
NOPAT Less CapEx to Interest Expense		 3.11 1.82 0.85 0.57 0.52 0.28 0.35 0.29 0.35 0.42 0.41
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 52.84% 53.34% 55.15% 57.89% 59.21% 69.90% 74.52% 80.60% 86.05% 83.31% 81.50%
Augmented Payout Ratio		 73.60% 77.72% 80.35% 79.47% 73.84% 78.25% 76.89% 84.20% 89.85% 86.84% 84.86%

Key Financial Trends

Bank of Hawaii (NYSE: BOH) Financial Summary and Trends Analysis

Analyzing Bank of Hawaii's quarterly financial results from Q3 2022 through Q1 2025 reveals key trends in the bank’s income, cash flows, and balance sheet metrics, highlighting its operational performance and financial health.

  • Net Interest Income has shown a steady increase overall, from $141.7 million in Q3 2022 to $125.8 million in Q1 2025 (latest quarter) with some quarterly fluctuations, indicating consistent core banking income strength.
  • Net Income attributable to common shareholders rose notably from about $44 million in Q2 2023 to $38.7 million in Q1 2025, demonstrating earnings resilience on a comparable basis despite some quarterly volatility.
  • Total Revenue (Interest + Non-Interest Income) has remained relatively stable around $160-$170 million quarterly, with a slight increase to $170 million in Q1 2025, supporting steady top-line generation.
  • Total Assets are stable around $23-24 billion. Loans and leases net of allowance increased marginally from about $13.2B in Q3 2022 to nearly $14B in Q1 2025, indicating loan book growth supporting income generation.
  • Total Deposits grew significantly from approximately $19 billion in 2022 to around $21 billion in early 2025, suggesting good deposit franchise and funding capability.
  • Provision for Credit Losses fluctuated slightly but remains low relative to loan balances, at around $2-3 million per quarter, indicating controlled credit risk.
  • Total Non-Interest Expense increased modestly over the periods, from about $105 million in early 2023 to $110 million in Q1 2025, reflecting rising operating costs but manageable in relation to revenue.
  • Cash dividends per share have been steady at $0.70 per quarter, underscoring stable shareholder returns.
  • Net Cash From Investing Activities shows consistent negative outflows due to high investment securities purchases and lower sales, impacting cash position.
  • Net Cash From Financing Activities improved from large negative swings in early quarters to a strong positive $289 million in Q1 2025, driven by increasing deposits and moderate debt repayment, which supports liquidity.

Detailed Commentary:

Bank of Hawaii maintains a solid net interest margin with loans and leases interest income consistently above $160 million per quarter, despite some drop in investment securities interest income in recent quarters. Deposits interest expense has been rising, reflecting higher interest rate environment impacts.

Non-interest income remains stable, primarily from service charges and trust fees, though capital gains/losses on investments have contributed modest negative swings.

Operating expenses are rising gradually, especially salaries and employee benefits, but remain in proportion to revenues.

Balance sheet strength is notable with consistent asset growth mainly underpinned by loans and leases and robust deposits growth. Loan loss provisions remain prudently low relative to total loan exposure.

Cash flow trends show regular investing outflows due to securities purchases supporting interest income, balanced by strong operating cash flows and effective financing management including deposit inflows and prudent debt management.

Summary:

Bank of Hawaii has demonstrated steady income growth, a stable asset base, and controlled credit risk over the last several quarters. While facing some upward pressure on expenses and investment-related cash outflows, the company’s strong deposit growth and positive net financing cash flows are supportive of liquidity and operational flexibility. Earnings per share and dividend stability support shareholder returns. Retail investors may view these trends as signs of a sound regional bank with consistent performance across interest rate cycles.

08/28/25 05:37 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About Bank of Hawaii's Financials

When does Bank of Hawaii's fiscal year end?

According to the most recent income statement we have on file, Bank of Hawaii's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Bank of Hawaii's net income changed over the last 9 years?
Below is a breakdown of Bank of Hawaii's net income over the past 5 years:
  • 2020: $153.80 million
  • 2021: $253.37 million
  • 2022: $225.80 million
  • 2023: $171.20 million
  • 2024: $149.99 million
Check out Bank of Hawaii's forecast to explore projected trends and price targets.
How has Bank of Hawaii's revenue changed over the last 9 years?

Over the last 9 years, Bank of Hawaii's total revenue changed from $580.31 million in 2015 to $639.11 million in 2024, a change of 10.1%.

How much debt does Bank of Hawaii have?

Bank of Hawaii's total liabilities were at $21.93 billion at the end of 2024, a 1.7% decrease from 2023, and a 53.0% increase since 2015.

How much cash does Bank of Hawaii have?

In the past 9 years, Bank of Hawaii's cash and equivalents has ranged from $158.70 million in 2015 to $1.00 billion in 2023, and is currently $763.57 million as of their latest financial filing in 2024.

How has Bank of Hawaii's book value per share changed over the last 9 years?

Over the last 9 years, Bank of Hawaii's book value per share changed from 25.78 in 2015 to 33.28 in 2024, a change of 29.1%.


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This page (NYSE:BOH) was last updated on 8/28/2025 by MarketBeat.com Staff
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