Bank of Hawaii Corporation (BOH) reported quarterly earnings results on Monday, Apr-25-2016. The company said it had a profit of $1.16 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.17. Analysts had a consensus of $0.99. The company posted revenue of $159.20 million in the period, compared to analysts expectations of $150.76 million. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.97 EPS.
Bank of Hawaii Corporation opened for trading at $67.54 and hit $68.415 on the upside on Friday, eventually ending the session at $68.14, with a gain of 0.56% or 0.38 points. The heightened volatility saw the trading volume jump to 4,65,786 shares. Company has a market cap of $2,937 M.
In a different news, on Mar 7, 2016, Peter S Ho (Chairman, CEO and President) sold 381 shares at $67.66 per share price. According to the SEC, on Mar 3, 2016, Michael J Chun (director) sold 1,134 shares at $66.62 per share price. On Mar 2, 2016, Barbara J Tanabe (director) sold 3,301 shares at $65.36 per share price, according to the Form-4 filing with the securities and exchange commission.
Bank of Hawaii Corporation is a bank holding company that operates through its subsidiary Bank of Hawaii (the Bank). The Bank provides a range of financial services and products primarily to customers in Hawaii Guam and other Pacific Islands. The Company operates through four business segments: Retail Banking Commercial Banking Investment Services and Treasury and Other. Its Retail Banking segment offers a range of financial products and services to consumers and small businesses. Its Commercial Banking segment offers products including corporate banking commercial real estate loans commercial lease financing auto dealer financing and deposit products. Its Investment Services segment offers private banking trust services investment management and institutional investment advisory services. The Company’s Treasury and Other segment consists of corporate asset and liability management activities including interest rate risk management and a foreign currency exchange business.