Bank of Hawaii (NYSE:BOH) posted its earnings results on Monday. The bank reported $1.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.08), RTT News reports. Bank of Hawaii had a net margin of 27.27% and a return on equity of 15.45%. During the same period in the previous year, the business posted $1.02 earnings per share.
Bank of Hawaii (BOH) opened at $86.73 on Monday. Bank of Hawaii has a 52 week low of $74.72 and a 52 week high of $89.39. The firm has a market capitalization of $3,684.17, a price-to-earnings ratio of 19.94, a price-to-earnings-growth ratio of 1.98 and a beta of 0.97. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.22.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 14th. Shareholders of record on Wednesday, February 28th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.40%. Bank of Hawaii’s dividend payout ratio is presently 47.82%.
A number of equities research analysts recently issued reports on the company. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $92.00 target price on shares of Bank of Hawaii in a research note on Friday, December 22nd. Zacks Investment Research lowered Bank of Hawaii from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $92.50 target price on shares of Bank of Hawaii in a research note on Tuesday, January 9th. Compass Point raised Bank of Hawaii from a “neutral” rating to a “buy” rating in a research note on Monday, December 18th. Finally, Barclays increased their price target on Bank of Hawaii from $85.00 to $92.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 2nd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $92.25.
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About Bank of Hawaii
Bank of Hawaii Corporation is a bank holding company that operates through its subsidiary, Bank of Hawaii (the Bank). The Bank provides a range of financial products and services primarily to customers in Hawaii, Guam and other Pacific Islands. It operates in four segments: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other.
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