Quarterly ResultApr 27, 2026, 04:09 PM
BOH Q1 Net Income +30.6% to $57.4M; EPS $1.32
AI Summary
Bank of Hawaii Corporation reported a significant increase in net income and earnings per common share for the first quarter of 2026. Net income rose to $57.4 million, a 30.6% increase year-over-year, with basic EPS reaching $1.32. Net interest income also saw a substantial rise. However, total assets and deposits experienced a slight decrease compared to the previous quarter. The company maintained its common stock dividend at $0.70 per share and repurchased $15.1 million in common stock.
Key Highlights
- Net Income: $57.4 million, up 30.6% from Q1 2025.
- Basic EPS: $1.32, up 34.7% from $0.98 in Q1 2025.
- Net Interest Income: $151.0 million, up 20.0% from Q1 2025.
- Total Assets: $23.91 billion as of March 31, 2026.
- Total Deposits: $20.96 billion as of March 31, 2026.
- Common Stock Dividend: $0.70 per share declared.
- Common Stock Repurchased: $15.1 million under program.