BOH

MKT CAP:$3B

Bank of Hawaii Corporation

Market Cap

$3B

Financial Services·Banks - Regional·🇺🇸 United States·NYSE

Financials·Banks - Regional·🇺🇸·NYSE

Stock Price

$77.08+$8.66 (+12.66%)

Apr 24, 2026

Company Details

Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial products and services in Hawaii, Guam, and other Pacific Islands. It operates in three segments: Consumer Banking, Commercial...

CEO

Peter S.

IPO Date

Mar 17, 1980

Website

www.boh.com

Key Metrics TTM

Revenue

$1.1B

+5.3% YoY

Net Income

$219M

EPS (Diluted)

$4.95

Free Cash Flow

$211M

Revenue / Share

$27.27

Gross Margin

69.4%

Operating Margin

28.3%

Net Margin

20.1%

FCF Margin

19.4%

P/S

2.8x

P/E

14.0x

Earnings Reports

Q1 2026

Apr 20, 2026

NEW

$264M+2.7%EPS $1.30

FY 2025

Feb 24, 2026

$1.1B+5.2%EPS $4.62

Q4 2025

Feb 24, 2026

$272M+4.2%EPS $1.39

Q3 2025

Oct 27, 2025

$295M+11.8%EPS $1.20

Q2 2025

Jul 28, 2025

$260M+2.5%EPS $1.06

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$180M	$176M	$75M
Q3 22	$184M	$171M	$67M
Q4 22	$212M	$180M	$79M
Q1 23	$227M	$173M	$63M
Q2 23	$241M	$164M	$61M
Q3 23	$246M	$153M	$64M
Q4 23	$251M	$154M	$40M
Q1 24	$251M	$153M	$48M
Q2 24	$254M	$153M	$45M
Q3 24	$264M	$158M	$53M
Q4 24	$261M	$158M	$52M
Q1 25	$257M	$165M	$56M
Q2 25	$260M	$168M	$60M
Q3 25	$295M	$208M	$96M
Q4 25	$272M	$190M	$78M
Q1 26	$264M	$191M	$75M

Valuation

Quarter	P/S	P/E
Q2 22	4.3x	12.8x
Q3 22	4.2x	13.4x
Q4 22	4.2x	13.9x
Q1 23	2.5x	9.2x
Q2 23	1.9x	8.1x
Q3 23	2.1x	9.5x
Q4 23	2.9x	16.2x
Q1 24	2.4x	14.9x
Q2 24	2.3x	15.3x
Q3 24	2.4x	17.5x
Q4 24	2.7x	18.8x
Q1 25	2.6x	17.3x
Q2 25	2.6x	15.6x
Q3 25	2.4x	14.1x
Q4 25	2.5x	13.3x
Q1 26	2.6x	13.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$42M	$36M
Q2 22	$117M	$109M
Q3 22	$111M	$99M
Q4 22	$64M	$60M
Q1 23	-$31M	-$33M
Q2 23	$12M	$9M
Q3 23	$144M	$143M
Q4 23	$26M	$22M
Q1 24	$55M	$52M
Q2 24	$46M	$41M
Q3 24	-$19M	-$24M
Q4 24	$94M	$96M
Q1 25	$18M	$10M
Q2 25	$82M	$73M
Q3 25	$38M	$56M
Q4 25	$81M	$73M

Capital Expenditures

Quarter	CapEx
Q1 22	$6M
Q2 22	$8M
Q3 22	$12M
Q4 22	$4M
Q1 23	$2M
Q2 23	$3M
Q3 23	$490.0K
Q4 23	$4M
Q1 24	$3M
Q2 24	$5M
Q3 24	$5M
Q4 24	$3M
Q1 25	$8M
Q2 25	$9M
Q3 25	$17M
Q4 25	$8M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+3.3%	+21.4%
Q3 22	+5.6%	+27.5%
Q4 22	+15.6%	+25.0%
Q1 23	+31.7%	+61.0%
Q2 23	+34.0%	+70.8%
Q3 23	+33.6%	+55.1%
Q4 23	+18.4%	+59.0%
Q1 24	+10.4%	+23.1%
Q2 24	+5.2%	+15.7%
Q3 24	+7.4%	+16.0%
Q4 24	+3.8%	-1.2%
Q1 25	+2.2%	-1.1%
Q2 25	+2.5%	-4.2%
Q3 25	+11.8%	-5.6%
Q4 25	+4.2%	-7.2%
Q1 26	+2.7%	-5.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$4M	2.3%
Q2 22	$4M	2.3%
Q3 22	$4M	2.1%
Q4 22	$4M	1.9%
Q1 23	$3M	1.5%
Q2 23	$4M	1.8%
Q3 23	$4M	1.8%
Q4 23	$4M	1.5%
Q1 24	$4M	1.6%
Q2 24	$3M	1.4%
Q3 24	$4M	1.3%
Q4 24	$3M	1.3%
Q1 25	$4M	1.4%
Q2 25	$4M	1.5%
Q3 25	$4M	1.4%
Q4 25	$5M	1.7%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q2 22	$59M	$2M	—
Q3 22	$62M	$2M	—
Q4 22	$59M	$3M	—
Q1 23	$68M	$2M	—
Q2 23	$59M	$2M	—
Q3 23	$62M	$2M	—
Q4 23	$58M	$2M	—
Q1 24	$62M	$2M	—
Q2 24	$64M	$2M	—
Q3 24	$62M	$2M	—
Q4 24	$61M	$2M	—
Q1 25	$65M	$2M	—
Q2 25	$65M	$2M	—
Q3 25	$65M	$2M	—
Q4 25	—	—	$110M
Q1 26	$95M	—	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$263M	$3.4B	$3.6B
Q3 22	$253M	$1.9B	$2.1B
Q4 22	$320M	$2.8B	$3.2B
Q1 23	$340M	$1.7B	$2.1B
Q2 23	$400M	$1.6B	$2.0B
Q3 23	$266M	$1.5B	$1.8B
Q4 23	$1.0B	$2.4B	$3.4B
Q1 24	$218M	$1.5B	$1.7B
Q2 24	$301M	$1.4B	$1.7B
Q3 24	$280M	$1.7B	$2.0B
Q4 24	$764M	$1.9B	$2.6B
Q1 25	$935M	$2.1B	$3.0B
Q2 25	$769M	$2.3B	$3.1B
Q3 25	$985M	$2.5B	$3.5B
Q4 25	$947M	$0	$947M
Q1 26	$425M	$0	$425M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	40M	-0.3%	-0.7%
Q3 22	40M	-0.2%	-0.8%
Q4 22	40M	-0.3%	-0.8%
Q1 23	39M	-0.4%	-1.2%
Q2 23	39M	-0.4%	-1.3%
Q3 23	39M	+0.3%	-0.8%
Q4 23	40M	+0.3%	-0.2%
Q1 24	40M	+0.2%	+0.4%
Q2 24	40M	-0.0%	+0.8%
Q3 24	40M	+0.3%	+0.8%
Q4 24	40M	-0.1%	+0.4%
Q1 25	40M	+0.4%	+0.6%
Q2 25	40M	+0.0%	+0.7%
Q3 25	40M	+0.2%	+0.6%
Q4 25	40M	+0.1%	+0.8%
Q1 26	40M	-0.1%	+0.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$87.7K	2K
Q3 22	$89.5K	2K
Q4 22	$102.1K	2K
Q1 23	$109.5K	2K
Q2 23	$116.3K	2K
Q3 23	$118.5K	2K
Q4 23	$132.2K	2K
Q1 24	$132.2K	2K
Q2 24	$133.7K	2K
Q3 24	$139.1K	2K
Q4 24	$139.7K	2K
Q1 25	$137.6K	2K
Q2 25	$139.5K	2K
Q3 25	$158.2K	2K
Q4 25	$144.7K	2K
Q1 26	$140.4K	2K

Revenue / Employee