9-May-2024
New York Community Bancorp was the cheapest U.S. bank in April - S&P Global Market Intelligence
Seeking Alpha News (Wed, 8-May 12:59 PM ET)
Bank of Hawai'i Corporation First Quarter 2024 Financial Results
Business Wire (Mon, 22-Apr 6:45 AM ET)
Business Wire (Fri, 5-Apr 6:10 PM ET)
Bank of Hawaii Corp provides a broad range of financial products and services predominantly to customers in Hawaii, Guam, and other Pacific Islands. The Bank's subsidiaries are engaged in equipment leasing, securities brokerage, investment advisory services, and providing credit insurance. It is organized into three business segments for management reporting purposes: Consumer Banking, Commercial Banking, and Treasury and Other. Majority of the revenue is generated from Consumer Banking segment which offers a broad range of financial products and services, including loan, deposit and insurance products; private banking and international client banking services; trust services; investment management; and institutional investment advisory services.
Bank Of Hawaii trades on the NYSE stock market under the symbol BOH.
As of May 9, 2024, BOH stock price climbed to $59.46 with 163,534 million shares trading.
BOH has a beta of 1.90, meaning it tends to be more sensitive to market movements. BOH has a correlation of 0.20 to the broad based SPY ETF.
BOH has a market cap of $2.36 billion. This is considered a Mid Cap stock.
Last quarter Bank Of Hawaii reported $156 million in Revenue and $.87 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.02.
In the last 3 years, BOH stock traded as high as $95.95 and as low as $30.83.
The top ETF exchange traded funds that BOH belongs to (by Net Assets): IJR, VTI, VB, SCHD, IWM.
BOH has outperformed the market in the last year with a return of +51.2%, while the SPY ETF gained +28.2%. However, in the most recent history, BOH shares have underperformed the stock market with its stock returning -2.5% in the last 3 month period and +0.6% for the last 2 week period, while SPY has returned +4.1% and +3.3%, respectively.
BOH support price is $58.12 and resistance is $60.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BOH stock will trade within this expected range on the day.