DA Davidson maintains Neutral rating on Bank of Hawaii, $75 price target

Bank of Hawaii (BOH) reported Q3 2026 revenue of $201.6M, up 8.3% YoY but below estimates. Adjusted EPS was $1.49, missing expectations by 1.4%. Management cited margin expansion, expense control, and credit quality as drivers, while noting competitive deposit pressures. Future growth is expected from commercial lending and wealth management.

Bank of Hawaii (BOH) reported Q3 2026 earnings, noting a 0.8% decline in average deposits and a $85M increase in total loans. The bank expects modest deposit growth in Q4 and low-mid single-digit loan growth. Wealth management fees rose 11.5% YoY. Credit quality remains strong, with a focus on local markets and conservative underwriting. Hawaii's economy shows resilience with 1.6% projected GDP growth for 2027.

Bank of Hawai’i (BOH) reported Q3 net income of $64.3M, up 0.7% sequentially but below estimates. EPS of $1.49 missed consensus of $1.51. Revenue also fell short, though net interest margin expanded to 2.82%. Shares dropped 7% post-earnings. The bank increased its share buyback program by $200M.

Bank of Hawaii reported 3Q 2026 net income of $64.3M, up 20.5% YoY, with EPS at $1.49. Net interest income rose 14.2% to $156.1M. Loans grew 2.1%, but nonperforming assets increased due to a commercial mortgage issue. The company noted Hawaiian economic headwinds but expects tourism to improve in 2027.

Bank of Hawaii reported Q3 earnings, highlighting 0.6% quarterly loan growth and stable deposit pipelines. The company expects low-to-mid single-digit loan growth, led by commercial lending. Non-interest income was $42.7M, with expenses at $112.3M. The bank maintained strong credit metrics, with delinquencies at 46 basis points. Bank of Hawaii repurchased $20M in common stock and plans further buybacks.

Bank of Hawaii (BOH) reported Q3 2026 adjusted EPS of $1.49, missing estimates by $0.02. Revenue rose 8.9% YoY to $198.8M, and net income increased 20.5% YoY to $64.3M. Shares fell 7.5% premarket. Net interest margin expanded to 2.82%, and the bank repurchased $20.2M in shares.