Bank of Hawaii Q4 Earnings Exceed Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Earnings Beat: Bank of Hawaii reported a Q4 GAAP EPS of $1.39, exceeding expectations by $0.07, which underscores the bank's robust profitability and strengthens investor confidence.
- Significant Revenue Growth: The bank's revenue for Q4 reached $189.65 million, reflecting a 16.2% year-over-year increase and surpassing market expectations by $48,200, indicating strong performance and rising customer demand.
- Improved Net Interest Margin: The net interest margin increased to 2.61%, a 15 basis point improvement from the previous quarter, demonstrating effective asset repricing management that enhances profitability.
- Lower Cost of Deposits: The quarterly cost of deposits decreased to 1.43% from 1.59% in the linked quarter, which will help improve the bank's overall profit margins and optimize its financial structure.
Analyst Views on BOH
Wall Street analysts forecast BOH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BOH is 75.00 USD with a low forecast of 75.00 USD and a high forecast of 75.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
0 Buy
3 Hold
1 Sell
Hold
Current: 74.020
Low
75.00
Averages
75.00
High
75.00
Current: 74.020
Low
75.00
Averages
75.00
High
75.00
About BOH
Bank of Hawaii Corporation is a bank holding company. The Company provides a range of financial products and services primarily to customers in Hawaii, Guam, and other Pacific Islands. It is also engaged in securities brokerage, investment advisory services and providing credit insurance. It operates through three segments: Consumer Banking, Commercial Banking, and Treasury and Other. The Consumer Banking segment offers a range of financial products and services, including loan, deposit and insurance products; private banking and international client banking services; trust services; investment management; and institutional investment advisory services. The Commercial Banking segment offers products, including corporate banking, commercial real estate loans, commercial lease financing, auto dealer financing and deposit products. The Treasury consists of corporate asset and liability management activities, including interest rate risk management and a foreign currency exchange business.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
