BANK OF HAWAII CORP
Business
BANK OF HAWAII CORP is a bank holding company that provides banking and financial services through its principal banking subsidiary and other subsidiaries. It offers a broad range of financial products and services, including deposit and lending products, securities brokerage, investment advisory services, wealth management, and credit insurance. The company organizes its operations into three reporting segments: Consumer Banking, Commercial Banking, and Treasury and Other. It serves customers primarily in Hawaiʻi, Guam and other Pacific Islands through an extensive branch network and digital distribution channels.
Summary from filing dated 2025-03-04
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Interest and Fees on Loans and Leases | 668 | 654 | 591 | 440 | 399 | |
| Available-for-Sale | 114 | 90 | 94 | 71 | 65 | |
| Held-to-Maturity | 78 | 86 | 93 | 81 | 62 | |
| Cash and Cash Equivalents | 23 | 31 | 28 | 4 | — | |
| Other | 4 | 4 | 5 | 1 | 702,000 | |
| Total Interest Income | 888 | 864 | 810 | 597 | 527 | |
| Deposits | 324 | 369 | 251 | 40 | 15 | |
| Securities Sold Under Agreements to Repurchase | 2 | 5 | 16 | 13 | 13 | |
| Short-Term Borrowings | 0 | 0 | 6 | 2 | — | |
| Other Debt | 24 | 24 | 40 | 2 | 943,000 | |
| Total Interest Expense | 350 | 397 | 313 | 57 | — | |
| Net Interest Income | 538 | 467 | 497 | 541 | 497 | |
| Provision for Credit Losses | 12 | 11 | 9 | −8 | −51 | |
| Net Interest Income After Provision for Credit Losses | 526 | 455 | 488 | 548 | 548 | |
| Fees, Exchange, and Other Service Charges | 56 | 57 | 56 | 55 | 55 | |
| Trust and Asset Management | 49 | 47 | 44 | 44 | 46 | |
| Service Charges on Deposit Accounts | 34 | 32 | 31 | 30 | 26 | |
| Bank-Owned Life Insurance | 15 | 14 | 12 | 10 | 8 | |
| Annuity and Insurance | 5 | 5 | 5 | 4 | 3 | |
| Mortgage Banking | 4 | 4 | 4 | 6 | 15 | |
| Investment Securities Losses, Net | −23 | −8 | −11 | −6 | −1 | |
| Other | 40 | 20 | 37 | 16 | 20 | |
| Total Noninterest Income | 179 | 173 | 177 | 158 | 171 | |
| Salaries and Benefits | 249 | 233 | 234 | 235 | 228 | |
| Net Occupancy | 42 | 42 | 40 | 39 | 26 | |
| Net Equipment | 41 | 41 | 40 | 38 | 36 | |
| Data Processing | 22 | 20 | 19 | 18 | 20 | |
| Professional Fees | 16 | 19 | 17 | 15 | 13 | |
| FDIC Insurance | 11 | 18 | 28 | 7 | 7 | |
| Other | 62 | 58 | 59 | 63 | 64 | |
| Total Noninterest Expense | 443 | 430 | 438 | 415 | 394 | |
| Income Before Provision for Income Taxes | 262 | 198 | 227 | 291 | 326 | |
| Provision for Income Taxes | 56 | 48 | 56 | 65 | 72 | |
| Net Income | 206 | 150 | 171 | 226 | 253 | |
| Preferred Stock Dividends | 21 | 13 | 8 | 8 | 3 | |
| Net Income Available to Common Shareholders | 185 | 137 | 163 | 218 | 250 | |
| Basic Earnings Per Common Share (usd per share) | 4.67 | 3.48 | 4.16 | 5.5 | 6.29 | |
| Diluted Earnings Per Common Share (usd per share) | 4.63 | 3.46 | 4.14 | 5.48 | 6.25 | |
| Dividends Declared Per Common Share (usd per share) | 2.8 | 2.8 | 2.8 | 2.8 | 2.74 | |
| Basic Weighted Average Common Shares (in shares) | 40 | 39 | 39 | 40 | 40 | |
| Diluted Weighted Average Common Shares (in shares) | 40 | 40 | 39 | 40 | 40 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | 947 | 764 | 1,001 | — | — | |
| Available-for-Sale | 3,511 | 2,690 | 2,409 | — | — | |
| Held-to-Maturity (Fair Value of $3,651,966 and $3,820,882) | 4,246 | 4,619 | 4,997 | — | — | |
| Loans Held for Sale | 4 | 2 | 3 | 1 | 27 | |
| Loans and Leases | 14,082 | 14,076 | 13,965 | — | — | |
| Allowance for Credit Losses | −147 | −149 | −146 | −144 | −158 | |
| Net Loans and Leases | 13,935 | 13,927 | 13,819 | — | — | |
| Premises and Equipment, Net | 200 | 184 | — | — | — | |
| Operating Lease Right-of-Use Assets | 83 | 80 | 86 | 92 | 96 | |
| Accrued Interest Receivable | 70 | 66 | 67 | 61 | 45 | |
| Mortgage Servicing Rights | 17 | 19 | 21 | 23 | 22 | |
| Goodwill | 32 | 32 | 32 | 32 | 32 | |
| Bank-Owned Life Insurance | 500 | 481 | 463 | 454 | 345 | |
| Other Assets | 632 | 737 | 642 | 574 | 385 | |
| Total Assets | 24,176 | 23,601 | 23,733 | 23,607 | 22,785 | |
| Noninterest-Bearing Demand | 5,755 | 5,424 | 6,059 | 6,715 | 7,275 | |
| Interest-Bearing Demand | 3,911 | 3,785 | 3,750 | 4,233 | 4,629 | |
| Savings | 8,741 | 8,365 | 8,189 | 7,962 | 7,456 | |
| Time | 2,800 | 3,100 | 3,057 | 1,700 | 1,000 | |
| Total Deposits | 21,188 | 20,633 | 21,055 | 20,616 | 20,360 | |
| Securities Sold Under Agreements to Repurchase | 50 | 100 | 150 | 725 | 450 | |
| Other Debt | 558 | 558 | 560 | 410 | 10 | |
| Operating Lease Liabilities | 92 | 89 | 95 | 101 | 103 | |
| Retirement Benefits Payable | 20 | 24 | 24 | 27 | 38 | |
| Accrued Interest Payable | 22 | 35 | 41 | 10 | 2 | |
| Other Liabilities | 394 | 495 | 394 | 394 | 196 | |
| Total Liabilities | 22,325 | 21,933 | 22,319 | 22,290 | 21,173 | |
| Commitments and Contingencies (Note 19) | — | — | — | — | — | |
| Common Stock ($.01 par value; authorized 500,000,000 shares; issued / outstanding: December 31, 2025 - 58,780,253 / 39,725,698; and December 31, 2024 - 58,765,907 / 39,762,255) | 587,000 | 585,000 | 583,000 | 582,000 | 581,000 | |
| Capital Surplus | 665 | 647 | 636 | — | — | |
| Accumulated Other Comprehensive Loss | −244 | −343 | −397 | −435 | −66 | |
| Retained Earnings | 2,206 | 2,134 | 2,108 | 2,056 | 1,950 | |
| Treasury Stock, at Cost (Shares: December 31, 2025 - 19,054,555 and December 31, 2024 - 19,003,609) | −1,120 | −1,116 | −1,114 | −1,105 | −1,055 | |
| Total Shareholders Equity | 1,851 | 1,668 | 1,414 | 1,317 | 1,612 | |
| Total Liabilities and Shareholders Equity | 24,176 | 23,601 | 23,733 | 23,607 | 22,785 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net Income | 206 | 150 | 171 | 226 | 253 | |
| Depreciation and Amortization | 19 | 20 | 21 | 21 | 21 | |
| Amortization of Deferred Loan and Lease (Fees) Costs, Net | −944,000 | −325,000 | 491,000 | −215,000 | −17 | |
| Amortization and Accretion of Premiums/Discounts on Investment Securities, Net | 11 | 12 | 13 | 21 | 36 | |
| Amortization of Operating Lease Right-of-Use-Assets | 12 | 11 | 12 | 12 | 11 | |
| Share-Based Compensation | 16 | 14 | 16 | 16 | 13 | |
| Benefit Plan Contributions | −2 | −2 | −2 | −2 | −2 | |
| Deferred Income Taxes | 3 | −12 | −11 | −3 | 3 | |
| Net Gains on Sales of Loans and Leases | −2 | −2 | −2 | −4 | −15 | |
| Gross Losses on Sales of Investment Securities | 17 | 0 | 5 | — | — | |
| Gain on Sale of Merchant Portfolio, Net of Cash Received | −16 | 0 | 0 | — | — | |
| Proceeds from Sales of Loans Held for Sale | 23 | 61 | 58 | 134 | 508 | |
| Originations of Loans Held for Sale | −25 | −60 | −60 | −107 | −408 | |
| Net Change in Other Assets and Other Liabilities | −53 | −33 | −91 | 14 | 28 | |
| Net Cash Provided by Operating Activities | 218 | 171 | 139 | 333 | 377 | |
| Proceeds from Sales, Prepayments, and Maturities | 537 | 213 | 475 | 677 | 1,487 | |
| Purchases | −1,267 | −471 | −511,000 | −1,059 | −2,101 | |
| Proceeds from Prepayments and Maturities | 388 | 395 | 435 | 645 | 1,222 | |
| Net Change in Loans and Leases | −27 | −100 | −325 | −1,397 | −343 | |
| Purchases of Premises and Equipment | −34 | −10 | −9 | −29 | −22 | |
| Net Cash (Used in) Provided by Investing Activities | −403 | 28 | 574 | −1,253 | −2,423 | |
| Net Change in Deposits | 555 | −422 | 439 | 256 | 2,148 | |
| Repayment of Long-Term Debt | −50 | −50 | −575 | 275 | −150 | |
| Proceeds from Other Debt | 0 | 0 | 1,350 | 400 | — | |
| Repayments of Other Debt | 0 | −105,000 | −1,200 | −97,000 | −50 | |
| Proceeds from Issuance of Preferred Stock | 0 | 161 | 0 | — | 175 | |
| Proceeds from Issuance of Common Stock | 5 | 5 | 6 | 7 | 14 | |
| Common Stock Repurchased Under Share Repurchase Program | −5 | 0 | −10 | −55 | −31 | |
| Equity Compensation Plan Common Stock Repurchases | −4 | −5 | −4 | — | — | |
| Cash Dividends Paid on Common Stock | −113 | −112 | −112 | −113 | −111 | |
| Cash Dividends Paid on Preferred Stock | −21 | −13 | −8 | −8 | −3 | |
| Net Cash Provided by (Used in) Financing Activities | 368 | −437 | −114 | 762 | 1,993 | |
| Net Change in Cash and Cash Equivalents | 183 | −237 | 599 | −159 | −54 | |
| Cash Paid for Interest | 363 | 403 | 282 | 50 | 32 | |
| Cash Paid for Income Taxes | 25 | 31 | 52 | 53 | 49 | |
| Transfers from Loans to Foreclosed Real Estate | 588,000 | 708,000 | 2 | — | — | |
| Transfers from Loans Held for Sale to Loans | 0 | 0 | 569,000 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is BANK OF HAWAII CORP's CIK number?
BANK OF HAWAII CORP's SEC CIK number is 0000046195 (46195). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BANK OF HAWAII CORP's SEC filings?
All of BANK OF HAWAII CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did BANK OF HAWAII CORP last report earnings?
BANK OF HAWAII CORP (BOH) most recently filed an earnings 8-K with the SEC on Apr 20, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000046195-26-000032). This is BANK OF HAWAII CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is BANK OF HAWAII CORP's most recent earnings 8-K?
BANK OF HAWAII CORP's latest earnings 8-K (Item 2.02) was filed Apr 20, 2026 under accession 0000046195-26-000032. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View BANK OF HAWAII CORP's latest earnings 8-K →
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