{
  "id": 16589103,
  "title": "Bank of Hawaii stock tumbles over 7% on earnings miss",
  "url": "https://urgent.news/2026/10/26/bank-of-hawaii-stock-tumbles-over-7-on-earnings-miss",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T10:50:51.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/bank-of-hawaii-stock-tumbles-over-7-on-earnings-miss-4972055"
  },
  "original_language": "en",
  "account": "The Bank of Hawaii Corporation's stock plummeted over 7% on Monday following its third quarter 2026 earnings report, which failed to meet analysts' expectations. The company's adjusted earnings per share came in at $1.49, short of the projected $1.51. Despite year-over-year improvements, investors expressed concerns about the bank's performance relative to market projections. Net income increased by 0.7% to $64.3 million for the quarter, while net interest income grew by 1.6% to $156.1 million. Net interest margins expanded by 4 basis points to 2.82%, marking the tenth consecutive quarter of improvement. However, total deposits declined by 3.3% to $20.5 billion, primarily due to strategic withdrawals of public funds and a drop in commercial deposit balances. Non-performing assets rose to $43.4 million, a $31.9 million increase from June 30, 2026, largely due to a single commercial mortgage defaulting. The bank repurchased 256,000 shares for $20.2 million during the quarter and increased its share repurchase authorization by $200 million to $268.7 million, while also declaring a quarterly dividend of $0.70 per share. Bank of Hawaii's CEO, Jim Polk, attributed the positive performance to continued expense discipline and asset repricing, emphasizing the bank's commitment to delivering solid results.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}