Bank of Hawaii Stock Forecast, Latest Financial News and Updates

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Bank of Hawaii's stock has shown steady growth over the past year, with a 12-month increase of 15%.

The bank's strong financial performance is due in part to its diversified portfolio of assets, which includes loans, investments, and deposits.

Bank of Hawaii has a solid track record of paying dividends, with a 4-year average dividend yield of 3.5%.

The bank's focus on digital banking and innovation has helped it stay ahead of the competition.

Stock Price and Performance

The Bank of Hawaii stock price is currently at $70.95 USD today. This is a slight decrease from the average target price of $71.83, which predicts an increase of 0.86% from the current stock price.

The 6 analysts with 12-month price forecasts for Bank of Hawaii stock have a pretty wide range of predictions, with a low estimate of $54 and a high estimate of $90.

Here's a breakdown of the analysts' predictions:

Stock Price

The Bank of Hawaii stock price is a good place to start when evaluating the performance of this company. The current stock price is 70.950 USD.

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Analysts have made predictions about the future stock price of Bank of Hawaii, with an average target of 71.83 USD. This suggests a small increase of 0.86% from the current stock price.

Some analysts are more optimistic, predicting a high estimate of 90 USD, while others are more cautious, predicting a low estimate of 54 USD. This range of predictions gives us an idea of the potential volatility of the stock price.

Here's a breakdown of the analyst predictions:

It's worth noting that some predictions suggest the stock price may drop, with a potential decrease of -12.8097% from the current price of 70.950 USD.

Financial Performance

Bank of Hawaii's financial performance has been a mixed bag in recent years. In 2023, the bank's revenue was $663.86 million, a decrease of 5.55% compared to the previous year.

The bank's earnings also took a hit, decreasing by 25.06% to $163.33 million. This decline in earnings is a significant concern for investors.

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Revenue growth has been a challenge for Bank of Hawaii, with a decline in 2023. However, the bank has shown some resilience in recent years, with a revenue growth of 26.51% in 2021.

Here's a breakdown of Bank of Hawaii's revenue and earnings growth over the past few years:

The bank's earnings per share (EPS) have also been affected, decreasing by 24.45% in 2023 to $4.14. This decline in EPS is a concern for investors.

Financial Data

Bank of Hawaii's revenue is expected to grow steadily over the next few years, with a projected high of $798.8M in 2026.

According to the financial forecast, the company's revenue is expected to reach $743.71M by 2026, with a growth rate of 9.04% compared to the previous year.

A closer look at the revenue forecast reveals a range of possible outcomes, with high, average, and low projections for each year. For 2024, the high revenue projection is $679.3M, while the low projection is $627.4M.

Here's a summary of the revenue forecast:

Financial

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Bank of Hawaii's revenue is expected to increase in the future, with projected growth rates of 4.94% in FY 2025 and 9.04% in FY 2026.

The company's revenue has fluctuated over the years, with a decrease of -14.77% in FY 2020 compared to FY 2019. However, it has since shown significant growth, with a 26.51% increase in FY 2021.

In 2023, Bank of Hawaii's revenue was $663.86 million, a decrease of -5.55% compared to the previous year's $702.88 million.

Here's a breakdown of the company's projected revenue for the next few years:

The company's earnings per share (EPS) have also fluctuated, with a decrease of -30.58% in FY 2020 compared to FY 2019. However, it has since shown significant growth, with a 61.92% increase in FY 2021.

Bank of Hawaii's EPS is expected to continue growing in the future, with projected growth rates of 5.02% in FY 2025 and 25.62% in FY 2026.

Preferred Shares Offering 7.8% Yield

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Bank of Hawaii is offering a new preferred share with a 7.8% yield. This is a significant opportunity for investors looking for a stable source of income.

The bank, which operates outside of Hawaii, has seen a decline in net interest income and net interest margin. This has led to a decrease in the bank's overall profitability.

Bank of Hawaii is a regional bank that offers a range of financial services. The new preferred share offering is a way for the bank to raise capital and improve its financial position.

The preferred share offering is a public offering of 6,600,000 depositary shares. Each depositary share represents 1/40th ownership interest in a share of the bank's common stock.

Investors can expect a 7.8% yield from the preferred share offering. This is a relatively high yield compared to other investment options.

The bank's decision to offer a preferred share with a 7.8% yield suggests that it is looking to attract investors who are seeking a stable source of income.

Analyst Insights

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Analysts believe Bank of Hawaii stock is likely to perform similarly to the overall market.

The average analyst rating for Bank of Hawaii stock is "Hold", based on the opinions of 6 stock analysts.

Bank of Hawaii's 12-month stock price forecast is $71.83, which is an increase of 0.84% from the latest price, according to 6 analysts.

The 6 analysts with 12-month price forecasts for Bank of Hawaii stock have an average target of $71.83, with a low estimate of $54 and a high estimate of $90.

Here's a breakdown of the estimated price changes:

Analysts are divided on Bank of Hawaii's earnings growth prospects, with one bearish analyst predicting challenging growth.

Frequently Asked Questions

How stable is Bank of Hawaii?

Bank of Hawaii is considered financially stable, with a strong rating of 'A' from DBRS Morningstar and ranked among America's Most Trustworthy Companies by Newsweek. This recognition reflects the bank's commitment to financial stability and trustworthiness.

Virgil Wuckert

Senior Writer

Virgil Wuckert is a seasoned writer with a keen eye for detail and a passion for storytelling. With a background in insurance and construction, he brings a unique perspective to his writing, tackling complex topics with clarity and precision. His articles have covered a range of categories, including insurance adjuster and roof damage assessment, where he has demonstrated his ability to break down complex concepts into accessible language.

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