BOH Q1 2016 Earnings Report — Bank of Hawaii Corporation Revenue & Financial Results | Market Cap Arena

Bank of Hawaii CorporationBOH

Q1 2016 Earnings

Reported April 25, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2016	Q4 2015	Q1 2015	QoQ Change	YoY Change
Revenue	$168M	—	—	—	—
Op. Income	$74M	—	—	—	—
Gross Margin	95.2%	—	—	—	—
Net Margin	29.9%	—	—	—	—
EPS (Diluted)	$1.16	—	—	—	—
Free Cash Flow	$38M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$168M
Cost of Revenue	$8M
GROSS PROFIT	$160M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$53M
SG&A Expenses	$54M
Other Expenses	$32M
Operating Expenses	$86M
Cost & Expenses	$94M
OPERATING INCOME	$74M
Interest Income	$113M
Interest Expense	$10M
Other Income/Expenses	$0
INCOME BEFORE TAX	$74M
Income Tax Expense	$24M
Net Income from Continuing Ops	$50M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$50M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$50M
D&A	$3M
EBIT	$74M
EBITDA	$77M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$168M
Cost of Revenue	$8M
GROSS PROFIT	$160M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$53M
SG&A Expenses	$54M
Other Expenses	$32M
Operating Expenses	$86M
Cost & Expenses	$94M
OPERATING INCOME	$74M
Interest Income	$113M
Interest Expense	$10M
Other Income/Expenses	$0
INCOME BEFORE TAX	$74M
Income Tax Expense	$24M
Net Income from Continuing Ops	$50M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$50M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$50M
D&A	$3M
EBIT	$74M
EBITDA	$77M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$50M
Depreciation & Amortization	$3M
Stock-Based Compensation	$2M
Deferred Income Tax	-$1M
Other Non-Cash Items	-$17M
Change in Working Capital	$5M
OPERATING CASH FLOW	$42M
Capital Expenditure	-$3M
Acquisitions (Net)	$0
Purchases of Investments	-$223M
Sales/Maturities of Investments	$272M
Other Investing Activities	-$181M
NET CASH FROM INVESTING	-$136M
Net Debt Issuance	-$67M
Common Stock Repurchased	-$21M
Common Dividends Paid	-$19M
Other Financing Activities	$238M
NET CASH FROM FINANCING	$133M
FREE CASH FLOW	$38M
Net Change in Cash	$39M

Balance Sheet

Item	Amount
Cash & Equivalents	$168M
Short-Term Investments	$2.3B
Net Receivables	$259M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.7B
PP&E (Net)	$111M
Goodwill	$32M
Intangible Assets	$23M
Long-Term Investments	$11.9B
Tax Assets	$0
Other Non-Current Assets	$896M
TOTAL NON-CURRENT ASSETS	$12.9B
TOTAL ASSETS	$15.7B
Account Payables	$6M
Short-Term Debt	$595M
Deferred Revenue	$0
Other Current Liabilities	$13.5B
TOTAL CURRENT LIABILITIES	$14.1B
Long-Term Debt	$210M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$206M
TOTAL NON-CURRENT LIABILITIES	$427M
TOTAL LIABILITIES	$14.5B
Common Stock	$576.0K
Additional Paid-In Capital	$544M
Retained Earnings	$1.3B
Treasury Stock	-$739M
Accum. Other Comp. Income	-$15M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$0
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$15.7B
Total Debt	$815M
Net Debt	$647M