Compared to Estimates, Bank of Hawaii (BOH) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2023, Bank of Hawaii (BOH) reported revenue of $167.6 million, down 4.3% over the same period last year. EPS came in at $1.12, compared to $1.38 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $170.52 million, representing a surprise of -1.71%. The company delivered an EPS surprise of +0.90%, with the consensus EPS estimate being $1.11.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Bank of Hawaii performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 62.07% versus the three-analyst average estimate of 61.36%.
Average Balance - Total interest earning assets: $22.50 billion versus $22.36 billion estimated by three analysts on average.
Net Interest Margin: 2.22% versus 2.32% estimated by three analysts on average.
Net charge-offs to average loans: 0.04% versus the two-analyst average estimate of 0.07%.
Total Non-Accrual Loans and Leases: $10.44 million versus $12.80 million estimated by two analysts on average.
Total Non-Performing Assets: $11.48 million versus the two-analyst average estimate of $14.03 million.
Net Interest Income (FTE): $124.80 million compared to the $129.70 million average estimate based on three analysts.
Annuity and Insurance: $1.04 million versus $1.17 million estimated by three analysts on average.
Bank-Owned Life Insurance: $2.88 million versus the three-analyst average estimate of $2.62 million.
Trust and Asset Management: $11.22 million compared to the $10.99 million average estimate based on three analysts.
Mortgage Banking: $1.18 million compared to the $0.98 million average estimate based on three analysts.
Net Interest Income: $124.35 million compared to the $129.25 million average estimate based on three analysts.
View all Key Company Metrics for Bank of Hawaii here>>>
Shares of Bank of Hawaii have returned +30.5% over the past month versus the Zacks S&P 500 composite's +4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Bank of Hawaii Corporation (BOH) : Free Stock Analysis Report
