7 stories mentioning BOH
Every FINWIRES story that references BOH, newest first.
Kent Thomas Lucien, Director, on May 01, 2026, sold 5,000 shares in Bank Of Hawaii (BOH) for $400,850. Following the Form 4 filing with the SEC, Lucien has control over a total of 37,970 common shares of the company, with 33,470 shares held directly and 4,500 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/46195/000136138826000002/xslF345X05/primarydocument.xml
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:After digesting Q1 2026 earnings, we increase our 12-month target price by $6 to $57, 8.3x our 2027 EPS estimate, a discount to the peer average of 10.9x, as weak growth prospects outweigh the benefits of limited competition in Hawaii. We raise our 2026 EPS estimate to $5.95 from $5.33 and 2027's to $6.84 from $5.94. Our revenue projections are $801M in 2026 and $858M in 2027. BOH's Q1 results showed positive momentum, with net interest income growing for the eighth straight quarter and credit quality remaining solid. Despite these strengths, we believe the stock is overvalued given weak fundamental growth trends. Loan balances have been flat Y/Y, while deposits have grown only 1% over four years. Furthermore, although BOH maintains strong capital levels (12.1% CET1 ratio), the bank faces unusual vulnerability to rising long-term interest rates due to significant unrealized losses in its securities portfolio. We note BOH's quarterly dividend has been stagnant at $0.70 since mid-2021.
Financial stocks were falling pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.5%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.2% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1.5%.Bank of Hawaii (BOH) shares were down more than 2% after the company reported Q1 earnings and revenue that missed analysts' expectations.Sila Realty Trust (SILA) said it has entered into a definitive merger agreement through which affiliates of Blue Owl Capital (OWL) will acquire all of its outstanding common stock for $30.38 per share in an all-cash deal valued at about $2.4 billion. Blue Owl Capital stock was down more than 1% premarket.Apollo Global Management (APO) has agreed to invest $1.25 billion in convertible preferred equity in McKesson's (MCK) Medical-Surgical Solutions business, acquiring about a 13% minority stake as part of the unit's planned separation, McKesson said. Apollo Global Management shares were 0.7% lower premarket.
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.4% and the actively traded Invesco QQQ Trust (QQQ) was 0.4% lower in Monday's premarket activity as rising oil prices tied to renewed Middle East tensions weigh on sentiment.US stock futures were also lower, with S&P 500 Index futures down 0.5%, Dow Jones Industrial Average futures slipping 0.5%, and Nasdaq futures retreating 0.4% before the start of regular trading.No economic releases are on Monday's schedule.In premarket activity, bitcoin was up by 0.4%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 2.8% lower, Ether ETF (EETH) fell by 4.8%, and Bitcoin & Ether Market Cap Weight ETF (BETH) gained 1.7%.Power Play:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated 0.2%, while the Vanguard Industrials Index Fund (VIS) fell 1.6% and the iShares US Industrials ETF (IYJ) was inactive.TopBuild (BLD) stock was up more than 2% before the opening bell, while QXO (QXO) shares declined by 2% after QXO agreed to acquire TopBuild for $505 per share in a deal valued at about $17 billion.Winners and Losers:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.5%, and the iShares US Technology ETF (IYW) was 0.3% lower, while the iShares Expanded Tech Sector ETF (IGM) was down 0.9%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was 0.1% lower, while the iShares Semiconductor ETF (SOXX) decreased by 0.2%.AST SpaceMobile (ASTS) shares were down more than 12% in Monday's premarket activity after the company said Sunday the BlueBird 7 satellite was placed into a lower-than-planned orbit during the New Glenn 3 mission and will be de-orbited.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) retreated 0.3%, the Vanguard Health Care Index Fund (VHT) retreated 0.4%, while the iShares US Healthcare ETF (IYH) gained 0.1%. The iShares Biotechnology ETF (IBB) was down 0.6%.AstraZeneca (AZN) stock was down more than 2% premarket, after a 2.2% gain at Friday's close. The company said Monday its pivotal phase 3 study of tozorakimab demonstrated a "significant" reduction in the annual rate of moderate-to-severe COPD exacerbations in trial participants.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated 0.5%. Direxion Daily Financial Bull 3X Shares (FAS) was down 1.4%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 1.7% higher.Bank of Hawaii (BOH) shares were down more than 2% pre-bell after the company reported lower-than-expected Q1 earnings and revenue.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.2%, while the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was up 1.1%. The iShares US Consumer Staples ETF (IYK) rose 2.3%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.7%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) retreated by 0.5%.Toyota Motor (TM) shares were down more than 1% pre-bell, after closing Friday with a 2% rise. Reuters reported Monday that Toyota Tsusho and Indonesian state energy firm Pertamina's renewable energy unit are in talks over a potential $200 million to $300 million joint investment for a bioethanol production facility in Indonesia's Lampung province.EnergyThe iShares US Energy ETF (IYE) was 1.3% higher, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 1.1%.Eni (E) stock was up more than 1% before the opening bell after the company said it made a gas discovery in the Kutei Basin off the coast of Indonesia.CommoditiesFront-month US West Texas Intermediate crude oil rose by 5.6% to $88.52 per barrel on the New York Mercantile Exchange. Natural gas advanced by 2.1% to $2.73 per 1 million British Thermal Units. The United States Oil Fund (USO) increased by 4.9%, while the United States Natural Gas Fund (UNG) was 1.1% higher.Gold futures for May were down by 1% at $4,830.50 an ounce on the Comex. Silver futures retreated by 2.4% to $80.47 an ounce. SPDR Gold Shares (GLD) was 0.9% lower, and the iShares Silver Trust (SLV) fell by 2%.
Financial stocks were falling pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.5%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.3% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1.4%.Bank of Hawaii (BOH) shares were down more than 1% after the company reported Q1 earnings and revenue that missed analysts' expectations.
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.
The benchmark US stock measures were tracking in the red before the opening bell Monday amid renewed tensions between the US and Iran, while investors prepare for a busy week of corporate earnings.The S&P 500, the Dow Jones Industrial Average and the Nasdaq declined 0.5% each in premarket activity. The indexes finished Friday's trading session higher, with the Nasdaq achieving its longest winning streak since 1992.In a social media post on Sunday, President Donald Trump said the US navy intercepted and seized an Iranian-flagged cargo ship in the Gulf of Oman. The US Central Command confirmed in a statement that its forces disabled the Iranian vessel following its attempts to sail toward an Iranian port.Last week, the US enforced a blockade of all maritime traffic entering and exiting Iranian ports after peace talks between Washington and Tehran in Pakistan failed to materialize a conclusive deal.In a separate post on social media, Trump said Iran violated its ceasefire agreement with the US by firing bullets at a French ship and a British freighter in the crucial Strait of Hormuz. Trump urged Iran to accept a "very fair and reasonable deal" offered by the US."If they don't, the United States is going to knock out every single power plant, and every single bridge, in Iran," Trump wrote.Iran on Sunday denied it would participate in a fresh round of negotiations with the US in Pakistan this week, CNBC reported, citing Tehran's state news agency. Trump said his representatives will be in Pakistan on Monday for talks.Over the weekend, Iran reversed its earlier decision to reopen the Strait of Hormuz for all commercial vessels, citing Trump's decision to keep the blockade of Iranian ports.West Texas Intermediate crude oil increased 5.9% to $88.76 a barrel in recent premarket action, while Brent rose 6% to $87.48.Treasury yields were trending upwards before the open, with the two-year rate inclining 2.7 basis points to 3.73% and the 10-year rate adding 2.2 basis points to 4.27%.Several major companies are scheduled to release their latest quarterly results this week, including electric vehicle manufacturer Tesla (TSLA), health insurance giant UnitedHealth (UNH), chipmaker Intel (INTC) and consumer goods company Procter & Gamble (PG).Cleveland-Cliffs (CLF) and Bank of Hawaii (BOH) are expected to post their earnings pre-bell, among others. Steel Dynamics (STLD) and Alaska Air (ALK) report their results after the markets close.TopBuild's (BLD) shares jumped 18% before the bell as the company agreed to be acquired by QXO (QXO) in a deal worth about $17 billion. USA Rare Earth (USAR) rose 3.4% after it agreed to purchase Serra Verde, the owner of the Pela Ema rare earth mine and processing plant in Brazil, in a deal worth about $2.8 billion.With no major economic reports scheduled for Monday, traders will be awaiting last month's retail sales report on Tuesday.Gold fell 1.3% to $4,816 per troy ounce, while bitcoin nudged up 0.5% to $75,342.