Bank of Hawaii Outpaces Industry with 15.7% Three-Month Gain and Earnings Upgrade
Bank of Hawaii shares have risen 15.7% over the past three months, far outpacing the industry’s 6.2% growth and the S&P 500’s 0.2%. Over the last 30 days, analysts lifted 2026 earnings estimates by 27.4% and shares are up 2.8% since the last earnings release.
1. Price Performance
Bank of Hawaii’s shares climbed 15.7% over the past three months, outperforming the industry’s 6.2% gain and the S&P 500’s 0.2% rise. Peer banks Heritage Commerce and Columbia Banking saw 15.3% and 5.3% gains, respectively, and BOH shares have added 2.8% since the last earnings report.
2. Earnings Revisions
Analysts’ consensus estimates for BoH’s 2026 earnings have increased by 27.4% over the past 30 days, while 2027 earnings projections rose by 9.8%, reflecting stronger confidence in the bank’s profit outlook.
3. Fundamental Strength
As of year-end 2025, the bank held $7.0 billion in rate-sensitive assets against $10.4 billion in rate-sensitive liabilities, supporting expanding net interest income and margin. Deposits grew at a 5% CAGR and net loans and leases at a 4.4% CAGR over the seven years to 2025, underpinning balance sheet resilience.
4. Growth Drivers
Net interest income and margin have expanded for seven consecutive quarters, aided by asset repricing and 175 basis points of funding cost relief from recent rate cuts. Steady fee income growth from trust and merchant services, along with digital and wealth management partnerships, is expected to further diversify revenue streams.