Bank of Hawaii (BOH)
NYSEFinancialsBanks - RegionalSnapshot 2026-09-09
$75.39-1.05%
Close 2026-09-09 · 1-day change
NYSEFinancialsBanks - RegionalSnapshot 2026-09-09
Warn: Recent financial performance slipped notably this past month, though still top-half.
Bank of Hawaii grows net income from $44M to $57M in one year. Operating income rose from $56M to $74M, showing efficiency gains. The dividend stays steady at $0.7 per share, supporting shareholder returns. Analysts expect EPS near $6 for fiscal 2026, signaling stable profits.
Revenue is expected to decline about 1.4% next year, which could pressure earnings. The recent EPS miss and mixed management signals raise concerns about execution. The premium valuation may not be justified if growth slows further.
The stock trades about 26% above our fair value near $66. Analysts forecast about -1% revenue growth, but our model expects modest earnings growth. The market prices in durable premium but may overestimate near-term growth.
Breaks if: dividend per share falls below $0.7 in any quarter
Continue paying a stable quarterly cash dividend of $0.70 per common share to shareholders.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable, income-focused approach with a focus on consistent dividends and gradual growth in net income. The current thesis state is cautious, given recent mixed performance and a medium confidence level.
The market appears to have priced in a low level of execution quality, leading to a stretched valuation compared to peers. There is a slight expectations gap, indicating that investors may anticipate modest performance improvements.
Management has shown a commitment to maintaining dividends and increasing net income, with recent results indicating progress in these areas. However, the earnings quality remains fragile, and there is a moderate risk of missing future expectations.
The thesis hinges on the performance of sector bellwethers like HDB, IBN, and PNC. If these companies continue to perform well, it could support BOH's momentum, while any negative shifts could pose risks to its outlook.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The company beat earnings expectations, which supports the read. However, it missed revenue estimates, which challenges net income growth. This mixed performance reflects ongoing fragility in financial results.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated as a priority in 2 of last 2 quarters. The dividend per share was consistently $0.70 in both 2026-Q1 and 2026-Q2, reflecting stable dividend payments. Management has maintained this payout level, delivering on the commitment to consistent dividends.
“The Company’s Board of Directors declared a quarterly cash dividend of $0.70 per share on the Company’s outstanding common shares.”
“The Company’s Board of Directors declared a quarterly cash dividend of $0.70 per share on the Company’s outstanding common shares.”
Breaks if: EPS falls below $5.5 in fiscal 2026
Breaks if: net income falls below $43.99M in any quarter after 2026-Q1
Grow net income through improved net interest margin, loan growth, and disciplined expense management.
Stated as a priority in 2 of last 2 quarters. Net income increased from $57.4 million in 2026-Q1 to $63.8 million in 2026-Q2, an 11.1% rise. This growth aligns with management’s focus on steady execution and disciplined balance sheet management, indicating delivering progress.
“Net income for the quarter was $63.8 million, up 11.1% from the linked quarter.”
“Net income for the quarter was $57.4 million, down 5.7% from the linked quarter.”
Breaks if: operating income falls below $56.16M in any quarter after 2026-Q1
Improve operating income through net interest margin expansion and expense control.
Stated as a priority in 2 of last 2 quarters. Operating income rose from $74.5 million in 2026-Q1 to $82.1 million in 2026-Q2, supported by net interest margin expansion from 2.74% to 2.78%. Noninterest expense decreased 4.2% in 2026-Q2, indicating delivering progress on enhancing operating income.
“Operating income was $82.1 million, up from $74.5 million in prior quarter.”
“Operating income was $74.5 million, up from $67.8 million in prior quarter.”
In the next 1 to 3 years, BOH's performance will depend on sector dynamics and management execution. Not investment advice.