Business & Tech

Bank Of Hawaii Reports $45.9M Profits In Third Quarter

It had earnings of $1.08 per share.

HONOLULU, HI — Bank of Hawaii Corp. (BOH)reported third-quarter profit of $45.9 million Monday. The bank, based in Honolulu, said it had earnings of $1.08 per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of $1.08 per share.

The bank holding company posted revenue of $171.2 million in the period. Its adjusted revenue was $158.7 million.

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Bank of Hawaii shares have dropped 4 percent since the beginning of the year. The stock has increased 15 percent in the last 12 months.

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