Articles from Bank of Hawai‘i Corporation

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.

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.

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.

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.

Bank of Hawai‘i Corporation (NYSEBOH) today reported diluted earnings per common share of $0.87 for the first quarter of 2024, compared with diluted earnings per common share of $0.72 in the previous quarter and $1.14 in the same quarter of 2023. Net income for the first quarter of 2024 was $36.4 million, up 19.7% from the previous quarter and down 22.3% from the same quarter of 2023. The return on average common equity for the first quarter of 2024 was 11.20% compared with 9.55% in the previous quarter and 15.79% in the same quarter of 2023.

Bank of Hawai‘i Corporation (NYSEBOH) will release first quarter 2024 financial results on Monday, April 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.

Bank of Hawai‘i Corporation (NYSEBOH) today reported diluted earnings per common share of $4.14 for the full year of 2023 compared with diluted earnings per common share of $5.48 for the full year of 2022. An industry-wide FDIC Special Assessment resulted in a $14.7 million charge in the fourth quarter of 2023 which negatively impacted diluted earnings per common share by $0.29. Net income for the year was $171.2 million, down 24.2% from the previous year. The return on average common equity for the full year of 2023 was 13.89% compared with 17.83% in 2022.

Bank of Hawai‘i Corporation (NYSEBOH) will release fourth quarter 2023 financial results on Monday, January 22, 2024 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 $1.17 for the third quarter of 2023, compared with diluted earnings per common share of $1.12 in the previous quarter and $1.28 in the same quarter of 2022. Net income for the third quarter of 2023 was $47.9 million, up 4.0% from the previous quarter and down 9.3% from the same quarter of 2022. The return on average common equity for the third quarter of 2023 was 15.38% compared with 14.95% in the previous quarter and 16.98% in the same quarter of 2022.

Bank of Hawai‘i Corporation (NYSEBOH) will release third quarter 2023 financial results on Monday, October 23, 2023 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.

Bank of Hawai‘i Corporation (NYSEBOH) today reported diluted earnings per common share of $1.12 for the second quarter of 2023, compared with diluted earnings per common share of $1.14 in the previous quarter and $1.38 in the same quarter of 2022. Net income for the second quarter of 2023 was $46.1 million, down 1.7% from the previous quarter and down 19.0% from the same quarter of 2022. The return on average common equity for the second quarter of 2023 was 14.95% compared with 15.79% in the previous quarter and 18.19% in the same quarter of 2022.

Bank of Hawai‘i Corporation (NYSEBOH) will release second quarter 2023 financial results on Monday, July 24, 2023 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.

Bank of Hawai‘i Corporation (NYSEBOH) today reported diluted earnings per common share of $1.14 for the first quarter of 2023, compared with diluted earnings per common share of $1.50 in the previous quarter and $1.32 in the same quarter of 2022. Net income for the first quarter of 2023 was $46.8 million, down 23.6% from the previous quarter and down 14.6% from the same quarter of 2022. The return on average common equity for the first quarter of 2023 was 15.79% compared with 21.28% in the previous quarter and 15.44% in the same quarter of 2022.

Bank of Hawai‘i Corporation (NYSEBOH) will release first quarter 2023 financial results on Monday, April 24, 2023 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.

Bank of Hawai‘i Corporation (NYSEBOH) today reported diluted earnings per common share of $5.48 for the full year of 2022, compared with diluted earnings per common share of $6.25 for the full year of 2021. Net income for the year was $225.8 million, down 10.9% from the previous year. Return on average assets for the full year of 2022 was 0.98%, compared to 1.14% in 2021. Return on average common equity for the full year of 2022 was 17.83% compared to 17.92% in 2021.

Bank of Hawai‘i Corporation (NYSEBOH) will release fourth quarter 2022 financial results on Monday, January 23, 2023 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.