Bank of Hawaii Reports Q3 2026 Earnings Growth Driven by Margin Expansion
Bank of Hawaii (BOH) reported strong third-quarter 2026 financial results, highlighted by a 24.2% year-over-year increase in diluted earnings per share to $1.49. The company achieved its tenth consecutive quarter of net interest margin expansion, reaching 2.82%, fueled primarily by the repricing of earning assets. Net income rose to $64.3 million, a 20.5% increase compared to the same period in 2025. Despite growth in commercial lending and wealth management fees, the bank faced headwinds including a decline in average deposits due to strategic reductions in high-cost public funds and a challenging interest rate environment affecting residential lending. While nonperforming assets saw a slight uptick due to a single commercial mortgage, the company maintains a strong Tier 1 capital ratio of 14.4% and continues to execute share repurchases.
Tickers: $BOH
Topics: earnings report loan growth net income net interest margin share buybacks