Bank of Hawaii Corporation reports results for the quarter ended September 30 - Earnings Summary

What happened

Bank of Hawaii reported quarterly adjusted earnings of $1.49 per share, above last year's $1.20 but below the $1.51 average of eight analysts. Revenue rose 8.8% to $198.76 million, missing the $202.60 million expectation, and net income was $58.99 million.

Confirmed

Global impact / market context

Earnings topped last year but missed analyst expectations, which suggests profit growth may be slowing relative to what Wall Street assumed. Because the average analyst rating is hold, the mixed results could keep investors cautious until revenue and profit trends show clearer improvement.

Analyst inference

The average analyst rating is hold, split between one buy, five holds, and two sells, while the banks peer group averages buy. The median price target of $82.00 is about 13.9% above the $70.60 closing price, and earnings estimates were recently trimmed.

Analyst inference

What to watch

1. One analyst negatively revised an earnings estimate in the last 30 days, and the mean earnings estimate fell about 1% over three months, so watch whether estimate cuts continue or stabilize. Confirmed
2. Watch whether Bank of Hawaii's revenue growth of 8.8% holds up, since revenue of $198.76 million fell short of the $202.60 million analysts expected and a widening gap could pressure future profit. Proposed
3. Watch the gap between the $70.60 closing price and the $82.00 median target; if results keep missing estimates, analysts may lower targets, which can weigh on investor positioning in the shares. Analyst inference

Evidence

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