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Bank Of Hawaii Q4 Profit Beats Estimates

Bank of Hawaii Corporation (BOH) reported fourth quarter earnings per common share of $1.55, compared to $1.06, last year. On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $1.35, for the quarter. Analysts' estimates typically exclude special items. Net income was $63.8 million, up 50.9% year-on-year.

Net interest income was $126.4 million, an increase of 5.8% from last year. Noninterest income was $42.6 million, a decrease of 5.9%. Analysts on average had estimated $170.52 million in revenue.

The company's Board declared a quarterly cash dividend of $0.70. The dividend will
be payable on March 14, 2022 to shareholders of record at the close of business
on February 28, 2022.

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