Bank of Hawaii
Market Cap
US$3.8b
Last Updated
2020/01/18 23:32 UTC
Data Sources
Company Financials +
Executive Summary
Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides financial products and services in Hawaii, Guam, and other Pacific Islands.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -1% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Bank of Hawaii's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BOH has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.9%
BOH
-0.08%
US Banks
2.0%
US Market
1 Year Return
23.8%
BOH
15.5%
US Banks
23.6%
US Market
Return vs Industry: BOH exceeded the US Banks industry which returned 21.7% over the past year.
Return vs Market: BOH matched the US Market which returned 24.4% over the past year.
Shareholder returns
| BOH | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | -0.08% | 2.0% |
| 30 Day | 0.4% | -1.6% | 3.9% |
| 90 Day | 9.4% | 9.2% | 12.0% |
| 1 Year | 27.7%23.8% | 18.9%15.5% | 26.2%23.6% |
| 3 Year | 16.1%6.6% | 34.6%25.1% | 53.2%43.3% |
| 5 Year | 91.0%66.1% | 86.1%65.2% | 75.7%56.3% |
Price Volatility Vs. Market
How volatile is Bank of Hawaii's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Bank of Hawaii (NYSE:BOH) Shareholders Booked A 69% Gain In The Last Five Years2 weeks ago | Simply Wall St
Is Bank of Hawaii Corporation (NYSE:BOH) A Volatile Stock?1 month ago | Simply Wall St
Do Institutions Own Shares In Bank of Hawaii Corporation (NYSE:BOH)?Valuation
Is Bank of Hawaii undervalued compared to its fair value and its price relative to the market?
6.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BOH ($93.74) is trading below our estimate of fair value ($102.58)
Significantly Below Fair Value: BOH is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BOH is poor value based on its PE Ratio (17.2x) compared to the Banks industry average (12.8x).
PE vs Market: BOH is good value based on its PE Ratio (17.2x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: BOH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BOH is overvalued based on its PB Ratio (2.9x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is Bank of Hawaii forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-1.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BOH's earnings are forecast to decline over the next 3 years (-1% per year).
Earnings vs Market: BOH's earnings are forecast to decline over the next 3 years (-1% per year).
High Growth Earnings: BOH's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BOH's revenue (1.5% per year) is forecast to grow slower than the US market (7.5% per year).
High Growth Revenue: BOH's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BOH's Return on Equity is forecast to be low in 3 years time (16.8%).
Next Steps
Past Performance
How has Bank of Hawaii performed over the past 5 years?
7.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BOH has high quality earnings.
Growing Profit Margin: BOH's current net profit margins (33.7%) are higher than last year (33.1%).
Past Earnings Growth Analysis
Earnings Trend: BOH's earnings have grown by 7.3% per year over the past 5 years.
Accelerating Growth: BOH's earnings growth over the past year (6.2%) is below its 5-year average (7.3% per year).
Earnings vs Industry: BOH earnings growth over the past year (6.2%) underperformed the Banks industry 27.1%.
Return on Equity
High ROE: BOH's Return on Equity (17.2%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Bank of Hawaii's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: BOH has a low level of unsold assets or inventory.
Debt Coverage by Assets: BOH's debt is not covered by short term assets (assets are 0.8x debt).
Financial Institutions Analysis
Asset Level: BOH's level of assets compared to its equity is moderate.
Allowance for Bad Loans: BOH has a sufficient allowance for bad loans.
Low Risk Liabilities: BOH's liabilities are made up of primarily low risk sources of funding.
Loan Level: BOH has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BOH's loans are broadly funded by customer deposits.
Level of Bad Loans: BOH has an appropriate level of bad loans (0.17%)
Next Steps
Dividend
What is Bank of Hawaii's current dividend yield, its reliability and sustainability?
2.85%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BOH's dividend (2.86%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: BOH's dividend (2.86%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: BOH's dividends per share have been stable in the past 10 years.
Growing Dividend: BOH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.7%), BOH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BOH's dividends in 3 years are forecast to be well covered by earnings (49.3% payout ratio).
Next Steps
Management
What is the CEO of Bank of Hawaii's salary, the management and board of directors tenure and is there insider trading?
3.9yrs
Average management tenure
CEO
Peter Ho (54yo)
9.5yrs
Tenure
US$5,205,426
Compensation
Mr. Peter S. Ho has been the President of the Bank at Hawaii Corporation since April 2008 and has been its Chief Executive Officer since July 30, 2010. Mr. Ho served as Chief Banking Officer of Bank of Haw ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD5.21M) is about average for companies of similar size in the US market ($USD4.99M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.9yrs
Average Tenure
58.5yo
Average Age
Experienced Management: BOH's management team is considered experienced (3.9 years average tenure).
Board Age and Tenure
14.8yrs
Average Tenure
68yo
Average Age
Experienced Board: BOH's board of directors are seasoned and experienced ( 14.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Senior Key Executive Vice Chairman of Residential & Consumer Lending Group |
| Shares | 6,176 |
| Max Price | US$80.82 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Kent Lucien (65yo)
Vice Chair
- Tenure: 13.8yrs
- Compensation: US$869.99k
Cindy Wyrick
Executive Vice President
Mary G. Bitterman (74yo)
Lead Independent Director
- Tenure: 21yrs
- Compensation: US$187.20k
Mark Rossi (70yo)
Vice Chair
- Tenure: 12.9yrs
- Compensation: US$1.53m
Peter Ho (54yo)
Chairman
- Tenure: 9.5yrs
- Compensation: US$5.21m
Dean Shigemura (55yo)
Vice Chair & CFO
- Tenure: 2.8yrs
- Compensation: US$1.50m
Mary Sellers (62yo)
Vice Chair & Chief Risk Officer
- Tenure: 16.6yrs
- Compensation: US$1.66m
James Polk (52yo)
Vice Chairman of Residential & Consumer Lending Group
- Tenure: 3.5yrs
- Compensation: US$1.49m
Sheh Bertram
Senior EVP & Chief Information Officer
- Tenure: 4.3yrs
Andrea Ignacio (46yo)
Senior VP
- Tenure: 0.4yrs
Board Members
Bob Huret (74yo)
Independent Director
- Tenure: 20yrs
- Compensation: US$151.88k
Kent Lucien (65yo)
Vice Chair
- Tenure: 13.8yrs
- Compensation: US$869.99k
Mary G. Bitterman (74yo)
Lead Independent Director
- Tenure: 21yrs
- Compensation: US$187.20k
Victor Nichols (62yo)
Independent Director
- Tenure: 5.5yrs
- Compensation: US$145.38k
Ray Vara (49yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$152.20k
Peter Ho (54yo)
Chairman
- Tenure: 9.5yrs
- Compensation: US$5.21m
Bub Wo (66yo)
Independent Director
- Tenure: 18yrs
- Compensation: US$153.95k
Barbara Tanabe (70yo)
Independent Director
- Tenure: 15.8yrs
- Compensation: US$150.95k
S. Apoliona (70yo)
Independent Director
- Tenure: 15.8yrs
- Compensation: US$139.51k
Mark Burak (70yo)
Independent Director
- Tenure: 10.8yrs
- Compensation: US$151.88k
Company Information
Bank of Hawaii Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bank of Hawaii Corporation
- Ticker: BOH
- Exchange: NYSE
- Founded: 1897
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$3.791b
- Shares outstanding: 40.27m
- Website: https://www.boh.com
Number of Employees
Location
- Bank of Hawaii Corporation
- 130 Merchant Street
- Honolulu
- Hawaii
- 96813
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BOH | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Apr 1972 |
Biography
Bank of Hawaii Corporation operates as the bank holding company for Bank of Hawaii that provides financial products and services in Hawaii, Guam, and other Pacific Islands. It operates through four segments: Retail Banking, Commercial Banking, Investment Services and Private Banking, and Treasury and Other. The Retail Banking segment offers financial products and services to consumers and small businesses. It offers checking, savings, and time deposit accounts; loan and lease products, including residential mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, small business loans and leases, and credit cards; and retail insurance products. This segment provides its products and services through 69 branch locations and 382 ATMs in Hawaii and the Pacific Islands, as well as through a customer service center, and online and mobile banking. The Commercial Banking segment’s product lines comprise corporate banking, commercial real estate loans, commercial lease financing, auto dealer financing, and deposit products. It offers commercial lending and deposit products to middle-market and large companies, and government entities; and commercial real estate mortgages to investors, developers, and builders. This segment also provides international banking and merchant services. The Investment Services and Private Banking segment offers private and international client banking, trust, investment management, and institutional investment advisory services for individuals and families, high-net-worth individuals, corporations, government entities, and foundations. This segment also provides brokerage offering equities, mutual funds, life insurance, and annuity products. The Treasury and Other segment offers corporate asset and liability management services, such as interest rate risk management and foreign exchange services. Bank of Hawaii Corporation was founded in 1897 and is headquartered in Honolulu, Hawaii.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/18 23:32 |
| End of Day Share Price | 2020/01/17 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.