Bank of Hawaii: 2Q Earnings Snapshot
HONOLULU (AP) _ Bank of Hawaii Corp. (BOH) on Monday reported second-quarter profit of $56.9 million.
The Honolulu-based bank said it had earnings of $1.40 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
The bank holding company posted revenue of $194 million in the period. Its revenue net of interest expense was $169.5 million, also exceeding Street forecasts.
Bank of Hawaii shares have increased 21% since the beginning of the year. The stock has fallen slightly more than 3% in the last 12 months.