Bank of Hawai‘i Q3 earnings rise to $1.49 per share

• Bank of Hawai‘i reported third-quarter 2026 net income of $64.3 million, up 0.7% from the previous quarter, with diluted earnings per share increasing to $1.49 from $1.47.
• Net interest margin expanded for the tenth consecutive quarter to 2.82%, while net interest income rose 1.6% to $156.1 million, supported by higher yields on earning assets.
• The bank repurchased $20.2 million in shares, increased its repurchase authorization by $200 million to $268.7 million, and declared a quarterly common dividend of $0.70 per share.

Bank of Hawai‘i Corporation (NYSE:BOH) reported third-quarter 2026 net income of $64.3 million, or $1.49 per diluted common share, compared with $63.8 million and $1.47 per share in the preceding quarter.

Net interest income increased 1.6% sequentially to $156.1 million, while net interest margin expanded four basis points to 2.82%, marking the bank's tenth consecutive quarter of margin improvement.

Total assets stood at $23.8 billion at September 30, with loans and leases of $14.4 billion and deposits of $20.5 billion, representing increases of 2.1% and a decline of 3.3%, respectively, from year-end 2025.

The bank declared a quarterly common dividend of $0.70 per share, payable December 14, 2026, and expanded its share repurchase authorization by $200 million to $268.7 million following $20.2 million in third-quarter buybacks.

Nonperforming assets rose to $43.4 million from $11.5 million in the preceding quarter, primarily because of a single commercial mortgage placed on nonaccrual status, while the provision for credit losses declined to $2.8 million.

Bank of Hawai‘i reported a Tier 1 capital ratio of 14.41%, a return on average common equity of 15.38% and noninterest expenses of $112.3 million, reflecting continued investment in its regional banking operations and balance-sheet management.