-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
BOH posted mixed Q1 2026 results with operating EPS of $1.30 vs. $1.39 the prior quarter, $0.04 below consensus, while revenue of $192M missed consensus by 1% but rose 1% Q/Q. Net interest income jumped 4% Q/Q, though the 2.73% net interest margin remains below historic averages, reflecting recovery rather than underlying growth momentum. Credit quality was excellent with provision for credit losses declining to $1.8M from $2.5M and net charge-offs improving significantly to 3 bps annualized from 12 bps, while non-performing assets fell to 0.09% of total loans. The board maintained the quarterly dividend at $0.70 per share with a 53% payout ratio. Balance sheet movement was mixed as total loans grew 0.8% to $14.2B, due to 2.0% growth in commercial loans to $6.2B, while deposits declined 1.1% to $21.0B with noninterest-bearing deposits comprising 27.0% of the total. The bank maintained strong capital levels well above regulatory minimums with a CET1 ratio of 12.06% and repurchased $15.1M in shares.