Bank of Hawai‘i delivered strong Q2 results with earnings and net interest income improving sequentially. Asset quality remained robust, and expenses were managed well despite a rise in FDIC insurance costs.
EPS rose to $1.06, up from $0.97 in the previous quarter.
Net interest income reached $129.7M, up for the fifth consecutive quarter.
Efficiency ratio improved to 63.49%, reflecting disciplined cost control.
Credit quality remained excellent with minimal charge-offs and stable reserves.
Bank of Hawai‘i expects continued strength in net interest income and stable credit metrics, though it anticipates ongoing expense pressure and competitive deposit pricing challenges.
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