Apr. 21 at 1:10 PM
🌺 Island banking flex!
$BOH crushed Q1 earnings — EPS came in hot at
$0.97 (vs est.
$0.89), up from
$0.85 last quarter. Net income? A juicy
$44M, up 21% YoY. 📈
💰 Net interest income hit
$125.8M, boosted by lower deposit rates and improved margin (now 2.32% vs 2.19%). Return on equity popped to 11.8%, showing the bank knows how to play offense and defense.
💸 Noninterest income also up, thanks to fewer securities losses and better performance from annuities + bank-owned life insurance. Even with higher salary expenses,
$BOH remains lean and mean.
🪙 And yep, they're keeping that
$0.70/share dividend rolling — aloha to those sweet payouts.
Strong balance sheet. Tight margins. Strategic growth.
$BOH is quietly stacking Ws in paradise. 🌴📊
#BOH #EarningsBeat #DividendStocks