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Jun 30, 2023

Bank of Hawaii Q2 2023 Earnings Report

Diluted earnings per share of $1.12 and net income of $46.1 million were reported.

Key Takeaways

Bank of Hawaii Corporation reported diluted earnings per common share of $1.12 for the second quarter of 2023, and net income for the second quarter of 2023 was $46.1 million.

Diluted Earnings Per Common Share $1.12

Net Income $46.1 Million

Total Deposits Up 0.1% Linked Quarter

Immediately Available Liquidity Increased to $8.5 Billion

Total Revenue
$168M
Previous year: $175M
-4.3%
EPS
$1.12
Previous year: $1.38
-18.8%
Efficiency Ratio
62.07%
Previous year: 58.8%
+5.6%
Return on Avg. Assets
0.77%
Previous year: 1%
-23.0%
Tier 1 Capital Ratio
12.21%
Previous year: 13.01%
-6.1%
Cash and Equivalents
$398M
Previous year: $839M
-52.6%
Free Cash Flow
$8.78M
Previous year: $109M
-91.9%
Total Assets
$24.9B
Previous year: $23.2B
+7.4%

Bank of Hawaii

Bank of Hawaii

Bank of Hawaii Revenue by Segment

Forward Guidance

This news release, and other statements made by the Company in connection with it may contain "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties that could cause results to be materially different from expectations.