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Bank Of Hawaii Corp. (BOH)
NYSE:BOH
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Earnings Data
Report Date
Jan 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.84Last Year’s EPS
$1.01Same Quarter Last Year
Moderate Sell
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 28, 2024
|% Change Since: 6.11%
|Next Earnings Date:Jan 27, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive outlook with significant improvements in net interest income, stable credit quality, and a strong deposit and capital position, despite challenges in loan growth and deposit mix impacting net interest income.Company Guidance
During the Bank of Hawaii Corporation's third quarter 2024 earnings call, several key metrics were highlighted by the executives. The bank reported an increase in net income and diluted earnings per share, alongside growth in net interest income (NII) and the net interest margin (NIM) for the second consecutive quarter. The balance sheet showed higher spot loan and deposit balances, with deposits up by 2.8% on a linked spot basis. The bank maintained its leading deposit market share in Hawaii, as confirmed by the FDIC's annual summary. Credit quality remained strong, with net charge-offs at $3.8 million and nonperforming assets stable at 14 basis points. The allowance for credit losses was reported at $147.3 million, with a coverage ratio of 1.06%. Operationally, noninterest income rose to $45.1 million, while core expenses were kept in check, up only modestly by $1.8 million from the previous quarter. The bank's capital levels remained robust, with a Tier 1 capital ratio of 14.5% and a total capital ratio of 15.11%.Solid Financial Performance
Net income increased to $40.4 million, and diluted earnings per share rose by $0.12, with a return on common equity of 11.5%.
Net Interest Income and Margin Improvement
Net interest income increased by $2.8 million, and the net interest margin expanded by 3 basis points.
Stable Credit Quality
Asset quality remains strong with net charge-offs at $3.8 million, nonperforming assets stable at 14 basis points, and a slight increase in criticized assets that adjusted down post-quarter.
Deposits and Capital Growth
Deposits increased by 2.8% on a linked spot basis, with improved capital ratios: Tier 1 capital ratio at 14.5% and total capital ratio at 15.11%.
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BOH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BOH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $65.45 | $71.74 | +9.61% |
| Jul 22, 2024 | $66.01 | $67.03 | +1.55% |
| Apr 22, 2024 | $56.60 | $56.61 | +0.02% |
| Jan 22, 2024 | $65.33 | $65.32 | -0.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bank Of Hawaii Corp. (BOH) report earnings?
Bank Of Hawaii Corp. (BOH) is schdueled to report earning on Jan 27, 2025, TBA Not Confirmed.
What is Bank Of Hawaii Corp. (BOH) earnings time?
Bank Of Hawaii Corp. (BOH) earnings time is at Jan 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BOH EPS forecast?
BOH EPS forecast for the fiscal quarter 2024 (Q4) is $0.84.
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