BANK OF HAWAII CORP Earnings Per Share Disclosure
| (dollars in thousands, except per share amounts) | 2025 | 2024 | 2023 | ||||||||||||||
| Numerator: | |||||||||||||||||
| Net Income Available to Common Shareholders | $ | 184,825 | $ | 137,350 | $ | 163,325 | |||||||||||
| Denominator: | |||||||||||||||||
| Weighted Average Common Shares Outstanding - Basic | 39,618,830 | 39,450,737 | 39,274,291 | ||||||||||||||
| Dilutive Effect of Equity Based Awards | 315,601 | 249,651 | 154,621 | ||||||||||||||
| Weighted Average Common Shares Outstanding - Diluted | 39,934,431 | 39,700,388 | 39,428,912 | ||||||||||||||
| Earnings Per Common Share: | |||||||||||||||||
| Basic | $ | 4.67 | $ | 3.48 | $ | 4.16 | |||||||||||
| Diluted | $ | 4.63 | $ | 3.46 | $ | 4.14 | |||||||||||
| Antidilutive Restricted Stock Outstanding | 1,808 | 32,667 | 199,217 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 24, 2026 | Showing above |
| 2024 | Mar 4, 2025 | |
| 2020 | Mar 1, 2021 | |
| 2019 | Mar 2, 2020 | |
| 2018 | Mar 1, 2019 | |
| 2017 | Feb 28, 2018 | |
| 2016 | Feb 27, 2017 | |
| 2015 | Feb 29, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.