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FX.co ★ Bank Of Hawaii Corp. Profit Drops In Q3, But Beats Estimates

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typeContent_19130:::2024-10-28T11:54:00

Bank Of Hawaii Corp. Profit Drops In Q3, But Beats Estimates

Bank of Hawaii Corporation (BOH) has reported its third-quarter earnings, which, while lower compared to the same period last year, surpassed Wall Street expectations. The firm recorded a net income of $36.92 million, translating to earnings of $0.93 per share. This is a decrease from the $45.93 million, or $1.17 per share, reported in the third quarter of the previous year. On average, analysts anticipated earnings of $0.82 per share, according to data from Thomson Reuters. It is important to note that these analysts' forecasts generally do not take special items into account.

In summary, Bank of Hawaii Corporation's third-quarter financial results (based on Generally Accepted Accounting Principles, GAAP) are as follows:

- Earnings: $36.92 million compared to $45.93 million in the previous year.

- Earnings Per Share (EPS): $0.93 compared to $1.17 last year.

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