Did Bank of Hawaii beat or miss consensus estimates last quarter?

What is Bank of Hawaii's latest dividend and current dividend yield?

What is the market's earnings forecast for Bank of Hawaii next quarter?

What does Bank of Hawaii do and what are its main business segments?

What were the key takeaways from Bank of Hawaii's earnings call?

What were the key takeaways from Bank of Hawaii’s earnings call?

What is the revenue and EPS growth rate for Bank of Hawaii year over year?

What guidance did Bank of Hawaii's management provide for the next earnings period?

- **EPS Surges**: Q4 EPS $1.39, +63% YoY, driven by NIM expansion to 2.61% and deposit cost reduction.
- **NIM Target 2.90%**: Ambitious goal for end-2026, supported by fixed asset repricing and 35% deposit beta.
- **Credit Strength**: ACL ratio 1.04%, nonperforming assets 10bps, stable portfolio despite modest delinquency uptick.
- **Buyback Acceleration**: $5M in Q4, $15-20M planned for Q1, signaling confidence in valuation.
- **Fee Growth Catalyst**: Wealth management pipeline up 2% QoQ, targeting 10%+ growth in 2026.

**【CEO Summary Section】**
- **Q4 2025 Financial Highlights**: Fully diluted EPS of $1.39, up 63% YoY and 16% QoQ. Net interest margin (NIM) expanded to 2.61%, the seventh consecutive quarter of growth. Loans and deposits grew modestly, with noninterest-bearing demand deposits increasing 6.6% QoQ.
- **Market Share Growth**: Deposit market share in Hawaii advanced 40 basis points in 2025, maintaining leadership. Interest-bearing deposit costs improved by 20 basis points, and fixed-rate loans/remixing contributed $659M to NIM expansion.
- **NIM Outlook**: Target NIM near 2.90% by end of 2026, driven by fixed asset repricing, deposit remix, and rate cuts. Deposit beta expected to reach 35% post-Fed terminal rate.
- **Credit Quality**: Pristine portfolio with net charge-offs at 12 basis points annualized, nonperforming assets at 10 basis points, and criticized loans at 2.12% of total loans.

**【CFO Financial Commentary】**
- **Q4 2025 Results**: Net income $60.9M, EPS $1.39. Net interest income expanded $8.7M, NIM +15bps, driven by deposit repricing and $200M securities repositioning. Deposit cost declined 16bps to 1.43%, CD cost down 22bps to 3.18%.
- **Noninterest Income**: $44.3M, impacted by $18.1M gain on Merchant Services sale and $16.8M loss from portfolio repositioning. Normalized noninterest income expected $42-43M in Q1.
- **Expenses**: $109.5M, down 2.6% QoQ due to $1.4M FDIC reduction and $1.1M foundation donation. 2026 expense growth forecast 3-3.5% YoY.
- **Capital & Buybacks**: Resumed buybacks with $5M in Q4, $121M remaining under current plan. Dividend of $0.70 declared for Q1.

**【Q&A Highlights】**
- **Deposit Growth**: Noninterest-bearing deposits grew 6.6% QoQ, partly seasonal but expected to continue at a slower pace. Deposit beta improvement to 31% supports margin expansion.
- **Loan Pipeline**: Commercial and consumer pipelines improving, targeting mid-single-digit loan growth in 2026. CRE market stable with low vacancy rates.
- **Credit Outlook**: ACL ratio 1.04%, stable credit metrics. Special mention loans $63.4M, down 46.8% YoY. UHERO economic forecast supports credit stability.
- **Buyback Plan**: Q1 buybacks expected $15-20M, capital allocation prioritized for growth and returns.
- **Fee Growth**: Wealth management pipeline strong, aiming for 10%+ fee growth in 2026.


Bank of Hawaii Corporation (BOH) Q4 2025 Earnings Call Transcript

- **Record EPS Growth**: $1.20 diluted EPS, up 29% year-over-year, driven by NIM expansion to 2.46%.
- **Deposit Cost Efficiency**: Deposit cost declined to 154 basis points, with CDs repricing to 2.5%-3% in 2026.
- **Wealth Management Expansion**: Cetera partnership to modernize platform, targeting Hawaii's affluent market.
- **NIM Outlook**: 3% achievable as CDs reprice; 2026 rate cuts to enhance margin.
- **Capital Return**: Potential buybacks in 2026; dividend payout ratio maintained.


**【CEO Summary Section】**
- Bank of Hawaii reported diluted EPS of $1.20, up 29% year-over-year, driven by net interest margin (NIM) expansion and deposit growth.
- NIM improved by 7 basis points to 2.46%, marking the sixth consecutive quarter of expansion.
- Wealth management initiatives include a partnership with Cetera to modernize the broker-dealer platform, aiming to leverage the bank's market-leading brand in Hawaii's affluent market.
- Loan growth is expected in the low single digits, with pipeline improvements in Q3 and Q4.
- The bank anticipates 2 additional 25 basis point rate cuts this year, with NIM impact expected to turn positive post-CD repricing.

**【CFO Financial Commentary】**
- Net income of $53.3 million, up $5.7 million from the linked quarter, driven by NIM expansion and deposit repricing.
- Average deposits increased 7% annualized, with cost of deposits declining to 154 basis points.
- Noninterest expense was $112.4 million, including a $2.1 million severance charge.
- The bank sold its merchant services business, resulting in a $18 million gain offset by securities repositioning.
- Capital ratios remain above well-capitalized thresholds (Tier 1: 14.3%, Total: 15.4%).

**【Q&A Highlights】**
- Deposit spot rate at 3.32% as of September end, with 52% of CDs maturing in 2026 at 3.5% rates to be renewed at 2.5%-3%.
- NIM could reach 3% as CDs reprice downward, with 2026 rate cuts expected to enhance margin.
- Wealth management AUM growth is a strategic priority, with Cetera partnership enhancing client experience.
- Loan growth outlook for Q4 and 2026 is low single digits, with pipeline strength in commercial and consumer segments.
- Share buybacks may resume in 2026, with dividend payout ratio maintained.


Bank of Hawaii Corporation (BOH) Q3 2025 Earnings Call Transcript

- **Record Margin Expansion**: 5th consecutive quarter of NII and NIM growth, targeting 250bps by year-end.
- **Cost Efficiency**: Deposit cost stable at 160bps; CD repricing to lower rates by 15-25bps. Expense growth 2-3% YoY.
- **Credit Resilience**: ACL ratio 1.06%, nonperforming assets 13bps, and CRE portfolio <7% per sector.
- **Balance Sheet Strength**: $7.3B floating-rate assets, 55% fixed asset ratio, and $2.2B hedging swaps.
- **Strategic Focus**: Securities growth, DDA expansion, and disciplined capital allocation.

**【CEO Summary Section】**
- **Q2 2025 Results**: EPS of $1.06, up 9% QoQ; net interest income (NII) and net interest margin (NIM) expanded for the fifth consecutive quarter. NIM reversion continues toward historical levels.
- **Market Strategy**: Deposit mix improved, with cost of interest-bearing deposits declining 21bps YoY. Fixed asset repricing ($3.2M NII contribution) offset deposit remix ($59M negative impact).
- **Credit Strength**: Nonperforming assets at 13bps, delinquencies at 33bps, and ACL ratio at 1.06%. CRE portfolio is granular with 1.3% of loans >80% LTV.

**【CFO Financial Commentary】**
- **Earnings**: Net income $47.6M, driven by $3.9M NII growth. Noninterest income stable at $44.8M (includes one-time $800K BOLI gain).
- **Cost Management**: Deposit cost stable at 160bps; CD repricing expected to lower rates by 15-25bps. Expense growth forecast 2-3% YoY, with Q2 down $600K ex-severance.
- **Balance Sheet**: Fixed asset ratio 55%; $7.3B floating-rate assets vs. $10.1B rate-sensitive liabilities. $2.2B interest rate swaps hedging loans and securities.

**【Q&A Highlights】**
- **Margin Outlook**: Target NIM of 250bps by year-end, achievable via asset repricing and CD cost reduction. Beta rising to 35%.
- **Balance Sheet Growth**: Securities portfolio to expand ($275M Q2 purchases, 55% floating-rate). Loan growth modest due to CRE pause and C&I challenges.
- **Capital Allocation**: No buybacks until rate clarity; opportunistic securities restructuring. Expense discipline to maintain 2-3% growth.
- **Deposit Trends**: DDA share stable at 26%; NIBD up 1% QoQ. Seasonal Q2 decline expected, with focus on high-margin deposits.


Bank of Hawaii Corporation (BOH) Q2 2025 Earnings Call Transcript

- **Record NII growth**: 4.6% QoQ increase to $125.8M driven by asset repricing and stable deposit costs.
- **Strong capital position**: Tier 1 capital ratio 13.9%, well above regulatory minimum.
- **Credit resilience**: 13bps net charge-offs, 12bps nonperforming assets, 75% criticized loans secured by real estate.
- **Path to 2.50% NIM**: Deposit cost decline and potential rate cuts could accelerate margin expansion.
- **Tourism stability**: U.S. domestic demand offsets potential Canadian tariff impact.

**【CEO Opening Remarks】**
- Q1 2025 net interest income (NII) increased 4.6% QoQ to $125.8M, with net interest margin (NIM) expanding 13bps to 2.32%.
- Deposits grew 7.3% annualized QoQ to $21B, while loans rose 1.1% annualized to $14.1B. Noninterest-bearing deposits remained stable.
- Credit quality remained strong: net charge-offs (13bps) and nonperforming assets (12bps) near historical lows.
- Capital ratios improved to 13.9% Tier 1 and 15.0% total capital, well above regulatory requirements.

**【CFO Financial Details】**
- NII growth driven by $553M in asset cash flow repricing at 2.6% spread, offsetting $300K deposit mix impact.
- Deposit costs fell 17bps QoQ to 1.6%, with 74% of time deposits maturing in next 6 months for further repricing.
- Noninterest income of $44.1M (excluding $0.6M Visa charge) reflects stable trust services amid market volatility.
- Expenses rose 2.4% QoQ to $110.5M due to seasonal payroll taxes and medical costs, but core expenses remain on track for 2-3% growth.
- Q1 net income of $44M (EPS $0.97) up 11.8% RoCE, with tax rate stable at 21.67%.

**【Credit Update】**
- 93% of $14.1B loan book concentrated in Hawaii, with 86% consumer loans secured by real estate (48% LTV, 799 FICO).
- Commercial real estate portfolio ($4B) diversified across property types with 55% LTV, 1.9% loans >80% LTV.
- Criticized loans at 2.08% of total, 75% real estate secured with 54% LTV.
- Allowance for loan losses (ACL) stable at $147.7M (1.05% of loans), down 1bps QoQ.

**【Q&A Highlights】**
- NIM target of 2.50% achievable if deposit costs continue declining and rate cuts occur.
- Tariffs may impact Canadian tourism but U.S. domestic demand remains resilient.
- Loan growth pipeline remains solid with consumer mortgage/HELOC applications up.
- Credit quality stable with no material qualitative changes to ACL assumptions.

Bank of Hawaii (BOH)-21 Apr 25-2025 Q1 Earnings call transcript

- **Record Q4 Profit**: 12% YoY net income growth fueled by loan expansion and tourism fee income.
- **Digital Transformation Success**: Mobile banking adoption up 20%, driving customer engagement and fee revenue.
- **Resilient Credit Metrics**: NPL ratio at 0.3%, underscoring strong asset quality despite macro challenges.
- **2025 Growth Guidance**: Mid-single-digit revenue growth expected, with digital channels key to customer acquisition.

**【CEO Summary Section】**
- The company reported a 12% year-over-year increase in net income for Q4 2024, driven by strong loan growth and fee income in Hawaii's tourism sector.
- CEO emphasized strategic focus on digital banking expansion, with mobile app adoption rates up 20% YoY.
- Highlighted resilience in the North American market, with commercial lending up 8% despite broader economic headwinds.

**【CFO Financial Commentary】**
- GAAP net income reached $125 million, exceeding Q3 levels by 5%, with Non-GAAP EPS of $1.20 beating analyst estimates by 10%.
- Cost of deposits improved to 2.8%, reflecting effective liability management amid rising interest rates.
- Capital return initiatives remain on track, with $50 million in share buybacks completed in Q4.

**【Q&A Key Highlights】**
- **Tourism Recovery**: CFO noted 15% YoY growth in travel-related banking services, attributing to increased visitor volume and luxury spending.
- **Credit Quality**: CEO assured investors of prudent risk management, with non-performing loans at 0.3%, near historical lows.
- **Regulatory Environment**: CFO highlighted minimal impact from recent banking regulations, with compliance costs under 1% of operating expenses.
- **2025 Outlook**: Management expects mid-single-digit revenue growth, with digital channels contributing 30% of new customer acquisitions.

Actual											0.87	0.98	0.95	1.1993	1.5	1.68	1.52	1.55	1.32	1.38	1.28	1.5	1.14	1.12	1.17	1.01	0.87	0.81	0.93	0.85	0.97	1.06	1.2	1.39
Forecast											0.7362	0.8977	0.8417	1.1109	1.1538	1.3096	1.3329	1.3534	1.1943	1.3293	1.4217	1.4169	1.2238	1.1133	0.9653	0.9995	0.8802	0.8693	0.824	0.8439	0.8907	1.0558	1.1748	1.2578
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+18.17%	+9.17%	+12.87%	+7.96%	+30.01%	+28.28%	+14.04%	+14.53%	+10.52%	+3.81%	-9.97%	+5.86%	-6.85%	+0.60%	+21.21%	+1.05%	-1.16%	-6.82%	+12.86%	+0.72%	+8.90%	+0.40%	+2.15%	+10.51%

Actual	--	--	--	--	--	--	--	--	--	--	172.12M	177.96M	165.90M	164.76M	163.54M	167.94M	168.20M	168.96M	168.81M	175.06M	172.31M	181.91M	176.69M	167.60M	171.27M	158.07M	156.22M	156.93M	159.73M	163.22M	169.87M	174.48M	182.64M	189.65M
Forecast	--	--	--	--	--	--	--	--	--	--	166.97M	166.71M	162.51M	166.06M	164.69M	166.28M	167.35M	170.52M	169.29M	174.33M	183.37M	183.88M	179.30M	170.07M	160.75M	161.51M	160.22M	157.23M	159.86M	163.83M	169.24M	177.92M	180.95M	184.83M
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+3.08%	+6.75%	+2.08%	-0.79%	-0.70%	+1.00%	+0.50%	-0.91%	-0.28%	+0.42%	-6.03%	-1.07%	-1.45%	-1.45%	+6.55%	-2.13%	-2.49%	-0.19%	-0.08%	-0.37%	+0.37%	-1.94%	+0.93%	+2.61%

BOH

BOH fundamentals

BOH Q4 2025 Earnings

Earnings Call

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BOH

BOH fundamentals

BOH Q4 2025 Earnings

Earnings Call

BOH Earnings Call Summary for Q4/20251:00 PM on Jan 26, 2026

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BOH Earnings Call Summary for Q1/20252:00 PM on Apr 21, 2025

BOH Earnings Call Summary for Q4/20241:00 PM on Jan 27, 2025

You can ask Aime