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Sep 30, 2021

Bank of Hawaii Q3 2021 Earnings Report

Bank of Hawaii's Q3 2021 earnings were reported with solid operating results, strong loan and deposit growth, and good credit quality.

Key Takeaways

Bank of Hawaii Corporation reported diluted earnings per common share of $1.52 for Q3 2021, with a net income of $62.1 million. The results reflect solid operating performance driven by strong consumer and commercial loan and deposit growth, coupled with good credit quality.

Diluted earnings per common share were reported as $1.52.

Net income reached $62.1 million.

Net interest income increased by 2.1% year-over-year to $126.8 million.

Total assets grew to a new record of $23.0 billion.

Total Revenue
$168M
Previous year: $166M
+1.4%
EPS
$1.52
Previous year: $0.95
+60.0%
Efficiency Ratio
57.38%
Previous year: 54.22%
+5.8%
Return on Avg. Assets
1.07%
Previous year: 0.76%
+40.8%
Tier 1 Capital Ratio
13.47%
Previous year: 12.11%
+11.2%
Cash and Equivalents
$656M
Previous year: $1B
-34.5%
Free Cash Flow
$124M
Total Assets
$23B
Previous year: $20.1B
+14.2%

Bank of Hawaii

Bank of Hawaii

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.