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Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides various financial products and services in Hawaii, the United States Mainland, Guam, and other Pacific Islands. It operates through three segments: Consumer Banking, Commercial Banking, and Treasury and Other. The Consumer Banking segment offers checking, savings, and time deposit accounts; residential mortgage loans, home equity lines of credit, automobile loans and leases, overdraft lines of credit, installment loans, small business loans and leases, and credit cards; private and international client banking; investment, credit, and trust services to individuals and families, and high-net-worth individuals; investment management; and investment advisory services to corporations, government entities, and foundations. This segment also provides brokerage and insurance offerings, including equities, mutual funds, life insurance, and annuity products. The Commercial Banking segment offers commercial and industrial loans, commercial real estate loans, commercial lease financing, auto dealer financing, and deposit products; and international banking, cash management, and merchant services to middle-market and large companies, and government entities. This segment also provides commercial real estate mortgages to investors, developers, and builders. The Treasury and Other segment offers corporate asset and liability management services comprising interest rate risk management and foreign exchange services. Bank of Hawaii Corporation was founded in 1897 and is headquartered in Honolulu, Hawaii.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $711M | - | $206M | $184M | 13.7% | 12.5% | 37.3% |
| 2024 | $632M | - | $150M | $161M | 11.3% | -6.1% | -12.4% |
| 2023 | $674M | - | $171M | $129M | 13.9% | -3.5% | -24.2% |
| 2022 | $698M | - | $226M | $304M | 19.9% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 698.10 | 673.63 | 632.34 | 711.33 |
| Operating Revenue | - | 698.10 | 673.63 | 632.34 | 711.33 |
| Selling General And Administration | - | 241.82 | 247.69 | 256.36 | 273.24 |
| Interest Income | - | 597.37 | 810.38 | 863.75 | 887.82 |
| Interest Expense | - | 56.81 | 313.35 | 397.17 | 350.28 |
| Net Interest Income | - | 540.56 | 497.02 | 466.58 | 537.54 |
| Pretax Income | - | 290.63 | 227.12 | 197.85 | 261.98 |
| Tax Provision | - | 64.83 | 55.91 | 47.86 | 56.08 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -1.54 | -3.62 | -0.46 | 1.03 |
| Net Income Continuous Operations | - | 225.80 | 171.20 | 149.99 | 205.90 |
| Net Income From Continuing And Discontinued Operation | - | 225.80 | 171.20 | 149.99 | 205.90 |
| Net Income From Continuing Operation Net Minority Interest | - | 225.80 | 171.20 | 149.99 | 205.90 |
| Net Income | - | 225.80 | 171.20 | 149.99 | 205.90 |
| Net Income Common Stockholders | - | 217.93 | 163.32 | 137.35 | 184.82 |
| Net Income Including Noncontrolling Interests | - | 225.80 | 171.20 | 149.99 | 205.90 |
| Normalized Income | - | 231.18 | 182.28 | 151.43 | 202.13 |
| Diluted NI Availto Com Stockholders | - | 217.93 | 163.32 | 137.35 | 184.82 |
| Basic Average Shares | - | 39.60 | 39.27 | 39.45 | 39.62 |
| Diluted Average Shares | - | 39.79 | 39.43 | 39.70 | 39.93 |
| Reconciled Depreciation | - | 33.22 | 32.99 | 31.52 | 30.38 |
| Total Unusual Items | - | -6.92 | -14.70 | -1.90 | 4.80 |
| Total Unusual Items Excluding Goodwill | - | -6.92 | -14.70 | -1.90 | 4.80 |
| Preferred Stock Dividends | - | 7.88 | 7.88 | 12.64 | 21.08 |
| Special Income Charges | - | -6.92 | -14.70 | -1.90 | 4.80 |
| Other Special Charges | - | 6.92 | 14.70 | 1.90 | -4.80 |
| Gain On Sale Of Security | - | -6.11 | -11.46 | -7.51 | -23.40 |
| General And Administrative Expense | - | 241.82 | 247.69 | 248.51 | 264.74 |
| Salaries And Wages | - | 235.27 | 234.08 | 232.56 | 248.77 |
| Insurance And Claims | - | 6.55 | 13.61 | 15.95 | 15.97 |
| Selling And Marketing Expense | - | 9.98 | 8.17 | 7.84 | 8.50 |
| Occupancy And Equipment | - | 77.82 | 80.18 | 82.97 | 82.52 |
| Professional Expense And Contract Services Expense | - | 14.56 | 17.46 | 19.32 | 16.23 |
| Other Non Interest Expense | - | 74.16 | 77.49 | 62.79 | 70.66 |
| Securities Amortization | 2.05 | 1.19 | 0.78 | - | - |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Bank of Hawaii Corporationthis co. | BOH | $3.0B | 14.70 | 2.01 | 13.7% | - |
| First Financial Bancorp. | FFBC | $3.2B | 12.54 | 1.16 | 9.2% | - |
| Park National Corporation | PRK | $3.1B | 17.38 | 2.31 | 13.3% | - |
| Simmons First National Corporation | SFNC | $3.1B | -7.86 | 0.91 | -11.6% | - |
| CorVel Corporation | CRVL | $3.0B |
| - |
| - |
| - |
| - |
| - |
| - |
| 27.21 |
| 7.61 |
| 28.0% |
| 15.99 |
| Banc of California, Inc. | BANC | $3.0B | 13.02 | 0.98 | 7.5% | - |
| Seacoast Banking Corporation of Florida | SBCF | $2.9B | 20.25 | 1.08 | 5.3% | - |
| Provident Financial Services, Inc. | PFS | $2.9B | 10.00 | 1.03 | 10.3% | - |
| WisdomTree, Inc. | WT | $2.9B | 26.77 | 7.01 | 26.2% | 19.33 |
| Peer Median | - | 15.20 | 1.12 | 9.8% | 17.66 | |