Bank of Hawaii Corporation (NYSE:BOH) provider of financial products and services, is expected to report third quarter earnings results, before market open, on Monday 26th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.84 per share.
Looking ahead, the full year income are expected at $ 3.62 per share on the revenues of $ 668.53 million.
Previous Quarter Performance
Bank of Hawaii Corporation unwinded income for the second quarter of $ 0.98 per share, from the revenue of $ 177.96 million. The quarterly earnings decreased 30.00 percent while revenues developed 4.96 percent compared with the same quarter last year.
Wall street analysts are predicting, BOH to report 2Q20 income of $ 0.89 per share from revenue of $ 166.72 million. The bottom line results beat street analysts by $ 0.09 or 10.11 percent, at the same time, top line results outshined analysts by $ 11.24 million or 6.74 percent.
Stock Performance
On Friday, shares of Bank of Hawaii Corporation has traded high as $ 62.73 and has cracked $ 61.01 on the downward trend, reaching $ 62.17 with volume of 355.30 thousand shares.
According to the previous trading day, closing price of $ 62.17, representing a 31.03 % increase from the 52 week low of $ 46.70 and a 36.05 % decrease over the 52 week high of $ 95.68.
The company has a market capital of $ 2.49 billion and is part of the Financial Services sector and Banks – Regional – US industry.
Recent Analyst recommendations
- On 1st October 2020, maintained by Piper Sandler at Neutral rating, with $ 54.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.67 per share on July 27, 2020. The dividend were payable on September 15, 2020 to holders of record as of the close of business on August 31, 2020 and ex-dividend date on August 28, 2020.
Conference Call
Bank of Hawaii Corporation will be hosting a conference call at 2:00 PM eastern time on 26th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.boh.com
Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides financial products and services in Hawaii, Guam, and other Pacific Islands. It operates through four segments: Retail Banking, Commercial Banking, Investment Services and Private Banking, and Treasury and Other. The Retail Banking segment offers financial products and services to consumers and small businesses.
