Latest news with #BankofHawaii
Yahoo
a day ago
- Business
- Yahoo
Bank of Hawaii Second-Quarter Results Rise Amid Higher Net Interest Income
Bank of Hawaii (BOH) reported higher second-quarter results year over year on Monday, buoyed by doub Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Why Bank of Hawaii (BOH) Stock Is Falling Today
What Happened? Shares of regional banking institution Bank of Hawaii (NYSE:BOH) fell 4.5% in the morning session after the company reported mixed second-quarter financial results where a significant revenue miss overshadowed an earnings per share beat. The bank posted diluted earnings per share of $1.06, which came in slightly ahead of analyst expectations. However, investors appeared to focus on the company's top-line performance. Bank of Hawaii's net interest income for the quarter was $129.7 million, which fell considerably short of estimates. The market's reaction suggested that concerns over the revenue shortfall overshadowed the otherwise positive aspects of the report. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Bank of Hawaii? Access our full analysis report here, it's free. What Is The Market Telling Us Bank of Hawaii's shares are not very volatile and have only had 6 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. Bank of Hawaii is down 11.3% since the beginning of the year, and at $62.11 per share, it is trading 22.9% below its 52-week high of $80.51 from November 2024. Investors who bought $1,000 worth of Bank of Hawaii's shares 5 years ago would now be looking at an investment worth $1,091. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Sign in to access your portfolio
Business Insider
13-07-2025
- Business
- Business Insider
Bank of Hawaii price target raised to $70 from $66 at BofA
BofA analyst Brandon Berman raised the firm's price target on Bank of Hawaii (BOH) to $70 from $66 and keeps an Underperform rating on the shares. The firm adjusted regional bank price targets as part of a Q2 earnings preview. A lack of interest rate cuts delay a rebound in growth, but 'resilient' earnings, an acceleration in loan growth, and investment banking activity server as catalysts for the stocks, the analyst tells investors in a research note. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Globe and Mail
01-07-2025
- Business
- Globe and Mail
Bank of Hawai‘i Announces New Vice Chair and Chief Financial Officer Bradley S. Satenberg
Bradley 'Brad' S. Satenberg has been promoted to vice chair and chief financial officer at Bank of Hawaiʻi, following the retirement of Chief Financial Officer Dean Shigemura. In his newly expanded role, he will oversee Bank of Hawai'i's planning and forecasting, financial accounting and reporting, regulatory financial reporting, corporate taxation, and the overall budget and forecast for the company. This thoughtful leadership transition has been the focus of long-term and intentional planning. To prepare for his new role and ensure a smooth transition, Satenberg served as senior executive vice president and deputy to Shigemura since he joined the bank in July 2024. Shigemura will remain with the bank as a consultant through June 2026, providing further continuity and strategic financial counsel. With over 30 years of extensive experience in the financial services industry, Satenberg is a seasoned professional with an exceptional track record. Prior to joining the bank, Satenberg served as senior vice president and chief financial officer of Luther Burbank Savings and director of investor relations for Luther Burbank Corporation in Los Angeles, managing finance and accounting for the publicly held financial institution since 2018. Over the course of his career, he also served as executive vice president and chief financial officer of 1 st Century Bancshares, Inc., and managing director and deputy chief financial officer of Imperial Capital Bancorp, Inc., both in California, as well as several other leadership roles in various organizations. Satenberg earned his Bachelor of Business Administration degree in accounting from the University of Texas at Austin.
Yahoo
20-06-2025
- Business
- Yahoo
1 Cash-Heavy Stock with Competitive Advantages and 2 to Question
A cash-heavy balance sheet is often a sign of strength, but not always. Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow. Just because a business has cash doesn't mean it's a good investment. Luckily, StockStory is here to help you separate the winners from the losers. Keeping that in mind, here is one company with a net cash position that balances growth with stability and two best left off your watchlist. Net Cash Position: $160.5 million (13.5% of Market Cap) A pioneer in connected home audio systems, Sonos (NASDAQ:SONO) offers a range of premium wireless speakers and sound systems. Why Should You Sell SONO? Sales tumbled by 6.3% annually over the last two years, showing consumer trends are working against its favor Suboptimal cost structure is highlighted by its history of operating margin losses Negative returns on capital show management lost money while trying to expand the business Sonos's stock price of $9.93 implies a valuation ratio of 47.3x forward P/E. Dive into our free research report to see why there are better opportunities than SONO. Net Cash Position: $102.4 million (3.9% of Market Cap) Founded in 1897 as a financial anchor for the newly annexed Hawaiian territory, Bank of Hawaii (NYSE:BOH) is a financial institution providing banking, investment, and insurance services primarily to customers in Hawaii, Guam, and other Pacific Islands. Why Are We Wary of BOH? Net interest income was flat over the last four years, indicating it's failed to expand this cycle Net interest margin of 2.2% reflects its high servicing and capital costs Sales over the last five years were less profitable as its earnings per share fell by 6.8% annually while its revenue was flat At $65.22 per share, Bank of Hawaii trades at 1.8x forward P/B. If you're considering BOH for your portfolio, see our FREE research report to learn more. Net Cash Position: $195.4 million (12.6% of Market Cap) Founded by famous lawyer Robert Shapiro, LegalZoom (NASDAQ:LZ) offers online legal services and documentation assistance for individuals and businesses. Why Do We Like LZ? Subscription Units have grown by 10.5% annually, allowing for more profitable cross-selling opportunities if it can build complementary products and features Share buybacks catapulted its annual earnings per share growth to 289%, which outperformed its revenue gains over the last three years Free cash flow margin jumped by 13.1 percentage points over the last few years, giving the company more resources to pursue growth initiatives, repurchase shares, or pay dividends LegalZoom is trading at $8.65 per share, or 9x forward EV/EBITDA. Is now the right time to buy? See for yourself in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Sign in to access your portfolio
