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Mar 31, 2024
Bank of Hawaii Q1 2024 Earnings Report
Diluted earnings per share and net income were reported for the first quarter of 2024.
Key Takeaways
Bank of Hawai'i Corporation reported a solid financial performance for Q1 2024, with diluted earnings per share of $0.87 and net income of $36.4 million. Credit quality remained excellent, and key capital ratios improved. Net interest margin declined marginally, while noninterest income and expense remained steady.
Diluted earnings per common share were $0.87.
Net income was $36.4 million, up 19.7% from the previous quarter and down 22.3% from the same quarter of 2023.
Non-performing assets were 0.09% at quarter end, and net charge-offs were 0.07% during the quarter.
The Board of Directors declared a dividend of $0.70 per common share.
Bank of Hawaii
Bank of Hawaii
Forward Guidance
The document does not contain explicit forward guidance. It primarily reports on the financial results of the first quarter of 2024 and provides comparisons to previous periods.