Bank of Hawaii Corp is a financial services company that primarily operates as a commercial bank, providing a wide range of banking products and services to individuals, businesses, and government entities in Hawaii and the Pacific Islands
The company focuses on personal banking, including savings and checking accounts, loans, mortgages, and credit cards, while also offering commercial banking solutions such as business loans, treasury management, and investment services. With a commitment to community engagement and local involvement, Bank of Hawaii Corp aims to support the economic growth and financial well-being of the regions it serves.
Bank of Hawai‘i Corporation (NYSEBOH) (the “Company”) today reported diluted earnings per common share of $3.46 for the full year of 2024, compared with $4.14 for the full year of 2023. Net income for the year was $150.0 million, down 12.4% from the previous year. The return on average common equity for the full year of 2024 was 10.85% compared with 13.89% in 2023.
Bank of Hawai‘i Corporation (NYSEBOH) (the “Company”) will release fourth quarter 2024 financial results on Monday, January 27, 2025 before the market opens and hold its quarterly conference call at 1:00 p.m. Eastern Time (8:00 a.m. Hawai‘i Time) on the same day.
Bank of Hawai‘i Corporation (NYSEBOH) today reported diluted earnings per common share of $0.93 for the third quarter of 2024, compared with diluted earnings per common share of $0.81 in the linked quarter and $1.17 in the same period last year. Net income for the third quarter of 2024 was $40.4 million, up 18.4% from the linked quarter and down 15.8% from the same period last year. The return on average common equity for the third quarter of 2024 was 11.50% compared with 10.41% during the linked quarter and 15.38% during the same period last year.
Bank of Hawai‘i Corporation (NYSEBOH) will release third quarter 2024 financial results on Monday, October 28, 2024 before the market opens and hold its quarterly conference call at 2:00 p.m. Eastern Time (8:00 a.m. Hawai‘i Time) on the same day.
Today, Bank of Hawai‘i announces that it has become the fund sponsor for Hawaiian Tax-Free Trust, taking over from New York-based Aquila Management Corporation, founder and sponsor of the Aquila® Group of Funds, Aquila Investment Management LLC and Aquila Distributors LLC (jointly, “Aquila”), which recently announced its intention to discontinue providing administrative/business management and distribution services for the fund.
Bank of Hawai‘i Corporation (NYSEBOH) today reported diluted earnings per common share of $0.81 for the second quarter of 2024, compared with diluted earnings per common share of $0.87 in the previous quarter and $1.12 in the same quarter of 2023. An industry-wide FDIC Special Assessment resulted in a $2.6 million one-time charge in the second quarter of 2024 which negatively impacted diluted earnings per common share by $0.05. Net income for the second quarter of 2024 was $34.1 million, down 6.3% from the previous quarter and down 26.0% from the same quarter of 2023. The return on average common equity for the second quarter of 2024 was 10.41% compared with 11.20% in the previous quarter and 14.95% in the same quarter of 2023.
Today, Bank of Hawai‘i Chairman and CEO Peter S. Ho announced that Vice Chair and Chief Banking Officer James C. Polk has been promoted to President of Bank of Hawai‘i Corporation and its primary operating subsidiary Bank of Hawai‘i (together, the “Company”), and Vice Chair Matthew K.M. Emerson has been appointed Chief Retail Banking Officer.
Bank of Hawai‘i Corporation (NYSEBOH) will release second quarter 2024 financial results on Monday, July 22, 2024 before the market opens and hold its quarterly conference call at 2:00 p.m. Eastern Time (8:00 a.m. Hawai‘i Time) on the same day.
Regulatory statistics show BOH to be sitting on a sizable pool of bonds whose value declined over 14% as a result of increasing interest rates that started in 2022. Except for those unrealized bond losses, the bank seems to be in very good health
Bank of Hawai‘i Corporation (NYSEBOH) today announced the pricing of a public offering of 6,600,000 depositary shares, each representing 1/40th ownership interest in a share of its 8.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, for gross proceeds of $165 million. Each share of preferred stock has a liquidation preference of $1,000 per share, equivalent to $25 per depositary share. The offering is expected to close on June 21, 2024, subject to the satisfaction of customary closing conditions.
