BOH

Bank of Hawaii offers two preferred share series with distinct yield and risk profiles, favoring Series A over Series B. BOH.PR.A trades at a significant discount to par, offers a ~6.9% yield, and benefits from strong dividend coverage and potential capital appreciation. BOH.PR.B, despite a higher coupon (~8%), trades above par, faces negative convexity, and offers an inferior yield-to-call (~6.78%), slightly less than Series A's current yield.

Bank of Hawaii (BOH) reported earnings 30 days ago. What's next for the stock?

Bank of Hawaii delivered robust Q1 results, with net interest income up 20% and loan loss provisions down over 40%. I see the Series A preferred shares, BOH.PR.A, as attractive, yielding nearly 6.8% due to a market discount. I am shifting to a 'hold' on BOH common stock, citing a valuation above 2x book and 3.6x tangible book value.

Bank of Hawaii Corporation (BOH) Shareholder/Analyst Call Prepared Remarks Transcript

BOH Q1 earnings miss estimates as fee income drops and expenses rise, but higher NII, loan growth and improved credit quality provide partial support.

Bank of Hawaii Corp (NYSE:BOH) on Monday posted weaker-than-expected results for the first quarter. The company reported quarterly earnings of $1.30 per share which missed the analyst consensus estimate of $1.33 per share. The company reported quarterly sales of $192.322 million which missed the analyst consensus estimate of $193.524 million.

Bank of Hawaii maintains a conservative loan-to-deposit ratio and stable external financing, supporting resilience amid interest rate shifts. Net interest margin has steadily improved, reaching 2.74% in Q1, while net interest income hit a cycle high despite sluggish loan and deposit growth. Risks include potential deterioration in loan performance and vulnerability to higher short-term rates from inflation shocks, given BOH's below-average net interest margin.

Bank of Hawaii Corporation offers a compelling Buy case, supported by robust capital, conservative underwriting, and visible earnings growth from fixed reinvestment. BOH's net interest margin is expanding due to declining deposit costs and fixed portfolio reinvestment, with NIM expected to approach 3% over the next year. Despite economic headwinds in Hawaii, BOH's strong reserves and capital buffer protect earnings, with run-rate EPS projected above $7.50 in 18 months.

Although the revenue and EPS for Bank of Hawaii (BOH) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Bank of Hawaii (BOH) came out with quarterly earnings of $1.3 per share, missing the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $0.97 per share a year ago.