Bank Of Hawaii Stock Earnings Reports

Bank of Hawaii reported solid Q2 2026 results: diluted EPS of $1.47 and net income of $63.8M, up 13% and 11% sequentially. Net interest income and net interest margin continued to expand for the ninth consecutive quarter (NIM 2.78%), driven by repricing of fixed-rate assets and disciplined deposit pricing. Management expects an exit NIM approaching ~2.9% by year-end (assumes one 25bp hike mid-September). Average deposit cost was stable at 1.27%; deposit beta is moderating (management expects eventual beta around ~34%), though competition for deposits is elevated and Q2 had seasonal deposit declines. Loan growth was modest (annualized ~2.6% in Q2) with full-year guidance of low–mid single-digit loan growth; commercial pipeline looks healthy while consumer/residential growth may moderate after a condo closing that boosted Q2. Credit quality remains strong: net charge-offs low (~10 bps annualized), non-performing assets minimal, ACL at $147M (1.03% of loans). Capital metrics remain well above regulatory thresholds (Tier 1 14.5%); the bank paid dividends ($0.70 common declared) and repurchased $17M of common shares in Q2 with plans for $20M in Q3 and likely $20M in Q4. Wealth management and advisory businesses showed momentum, contributing to non-interest income. Management continues to emphasize a conservative balance sheet, local-market focus, and disciplined execution.