Earnings call transcript: Bank of Hawaii slips on Q3 2026 EPS miss
Bank of Hawaii reported Q3 2026 earnings that fell short of Wall Street's expectations. The bank earned $1.49 per share, below the forecasted $1.51 and $202.6 million in revenue. Shares dropped 0.58% to $70.19. Despite the miss, the bank showed steady improvement in margin, profitability, and credit quality. Net interest margin expanded for the 10th consecutive quarter to 2.82%, and return on equity reached 15.4%.
However, deposit balances weakened. Management expects growth to return in Q4, and the bank anticipates higher rates to boost yields in Q4. The company increased its share repurchase authorization by $200 million. CEO Jim Polk highlighted the bank's commitment to dividend payments and share buybacks.
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