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Bank of Hawaii: Q2 Earnings Snapshot
By AP News - Jul 24, 2023, 07:00 AM ET
Last Updated - Jul 24, 2023, 07:00 AM EDT
HONOLULU (AP) — HONOLULU (AP) — Bank of Hawaii Corp. (BOH) on Monday reported second-quarter profit of $46.1 million.
The bank, based in Honolulu, said it had earnings of $1.12 per share.
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The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.
The bank holding company posted revenue of $243 million in the period. Its revenue net of interest expense was $167.6 million, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $170.5 million.
Bank of Hawaii shares have fallen 31% since the beginning of the year. The stock has declined 30% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a BOH">Zacks stock report on BOH at https://www.zacks.com/ap/BOH
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